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banks 20Ellendale Salary

banks 20Ellendale Salary

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As of September 2026, the average annual salary for employees at banks 20Ellendale in the United States is $90,618. This translates to an approximate hourly wage of $44. Salaries at banks 20Ellendale typically range from $79,457 to $102,746 annually, reflecting the diverse roles and experience levels within the company.
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Is banks 20Ellendale’s Pay Competitive? Salary Benchmarking Analysis

How does banks 20Ellendale's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
The Bank and Trust, SSB $89,584
-1.1%
Suggests The Bank and Trust, SSB utilizes a highly similar base-plus-benefits compensation model.
Cardinal Assistance $93,223
+2.9%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Northeast Georgia Bank $88,329
-2.5%
Indicates identical technical requirements and experience levels between the two firms.
NMB Financial Corp $108,592
+19.8%
Reflects structural premiums typical of NMB Financial Corp's large-cap national operations.
Financial Services Industry $121,514
+34.1%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

How banks 20Ellendale's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at banks 20Ellendale. Click a company name to learn more.

Employee Reviews: Working at banks 20Ellendale

Considering a career at banks 20Ellendale? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Mentorship programs help underrepresented groups advance in their careers. Ethical standards guide daily operations strongly. Hackathons spark creative solutions. The company culture values diversity and inclusion, creating a welcoming workplace.
Commented in May 12, 2025
49
0
Career growth is encouraged through structured development programs and access to industry-leading training. Problem-solving approaches are constructive. There’s a healthy balance between independence and teamwork. Working here means being part of an innovative and forward-thinking company. Work feels meaningful and valued. Positive feedback is celebrated company-wide.
Commented in January 14, 2025
36
1
Clear career progression paths available here. With employees across various specialties, knowledge sharing happens organically. Leadership is accessible and promotes a positive, transparent work environment. I’ve gained skills quickly and have had exposure to high-level projects.
Commented in January 25, 2024
16
0

banks 20Ellendale Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
25 - 50 employees
Industry
Financial Services
Headquarter Address
117 5th Ave E Ellendale Minnesota MN 56026
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About banks 20Ellendale
banks 20Ellendale is a company that operates in the Financial Services industry. It employs 21-50 people and has $25M-$50M of revenue. The company is headquartered in Ellendale, Minnesota.

What Benefits Does banks 20Ellendale Offer Beyond Salary?

A competitive compensation package is more than just a salary. banks 20Ellendale offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at banks 20Ellendale.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from banks 20Ellendale, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of banks 20Ellendale salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of banks 20Ellendale

1. How much does a banks 20Ellendale employee make?

Banks 20Ellendale pays its employees an average of $90,618 per year. The average salary at banks 20Ellendale range from $79,457 to $102,746 per year. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. Which similar company tend to pay more or less than banks 20Ellendale?

The salary at banks 20Ellendale is higher than the similar company. The average annual salary at banks 20Ellendale is $90,618, or an hourly wage of $44, in comparison to The Bank and Trust, SSB which pays $89,584 per year or $43 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at banks 20Ellendale?

In many roles at banks 20Ellendale, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

4. How does the cost of living near Minneapolis affect the perceived value of a banks 20Ellendale salary?

Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). This significantly impacts the purchasing power of a salary from banks 20Ellendale based there. Our "Cost of Living Insights for Minneapolis" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does banks 20Ellendale typically offer employees?

Banks 20Ellendale generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at banks 20Ellendale" section on this page.

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