Bar Harbor Savings & Loan Salary

As of August 2026, the average annual salary for employees at Bar Harbor Savings & Loan in the United States is $80,945. This translates to an approximate hourly wage of $39. Salaries at Bar Harbor Savings & Loan typically range from $70,999 to $91,723 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Bar Harbor Savings & Loan Pay for Different Roles?

Explore detailed salary information for specific jobs at Bar Harbor Savings & Loan. Based on our data, the highest paying job is the President & Chief Executive Officer, with an annual salary of $626,588. The table below outlines the annual salary ranges for most popular roles within the company.
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Is Bar Harbor Savings & Loan’s Pay Competitive? Salary Benchmarking Analysis

How does Bar Harbor Savings & Loan'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
Franklin Mortgage Company LLC $86,240
+6.5%
Supported by Franklin Mortgage Company LLC's high-margin contracts allowing higher overhead.
Pflueger & Baerwald Inc $110,364
+36.3%
Influenced by prevailing union wage agreements specific to Pflueger & Baerwald Inc's sector.
National Credit Managers Association $87,612
+8.2%
Adjusted for higher cost-of-living indices in National Credit Managers Association's primary metro hubs.
Lifesong $84,099
+3.9%
Driven by niche technical certifications required for Lifesong's specialized projects.
Financial Services Industry $121,514
+50.1%
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.

Employee Reviews: Working at Bar Harbor Savings & Loan

Considering a career at Bar Harbor Savings & Loan? 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.
Everyone feels welcome and valued for their unique perspectives and contributions. It's reassuring to work for a financial institution that not only focuses on profitability but also actively contributes to community development and environmental stewardship. Time limits are enforced. This environment works well for those who appreciate routine and job security but may frustrate employees seeking ...
We're always looking for better ways to serve our clients and streamline operations. Management is reliable but rarely involved in day-to-day decisions. Overall, it’s a motivating and stable employer. The organization maintains a stable work environment with clear expectations, but innovation is limited by bureaucratic procedures.
The work is challenging but rewarding, and colleagues are supportive. For a company they ensure that hard work is recognized and rewarded appropriately. There’s strong alignment across departments, and collaboration is smooth and productive. Collaboration is part of the DNA here, and leaders make time to listen and coach. This synergy not only enhances operational efficiency but also creates a sup...

Bar Harbor Savings & Loan Overview

Website
www.bhsla.com
Founded In
1902
Employees
<25 employees
Industry
Financial Services
Headquarter Address
103 Main St Bar Harbor Maine ME 04609
Revenue
<$5 Million
Phone Number
+1 2072883685
Social Media
About Bar Harbor Savings & Loan
For more than 100 years, Bar Harbor Savings & Loan has been the area's community bank for affordable housing mortgages. We have a unique tradition of competitive rates, prompt decisions, low closing costs and excellent personal service. Bar Harbor Savings & Loan offers long-term fixed rate mortgages that are not sold to the secondary market. All our mortgage loans are held and serviced by us. Cust

What Benefits Does Bar Harbor Savings & Loan Offer Beyond Salary?

A competitive compensation package is more than just a salary. Bar Harbor Savings & Loan 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 Bangor?

Understanding the cost of living near Bangor is key to truly evaluating a salary offer or your current compensation at Bar Harbor Savings & Loan.
Bangor's Cost of Living Index is approximately 90.3 (9.7% less expensive than US average; 11.0% less than ME average). Central ME city, regional hub, affordable housing. Community Connector bus. When planning your budget based on a salary from Bar Harbor Savings & Loan, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $950 - $1,400+ A significant portion of Bar Harbor Savings & Loan salary. Location choices impact this heavily.
Utilities (Basic) $170 - $280 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $30 (Community Connector monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $590 Can be higher with more dining out or specialty stores.
Personal & Leisure $300 - $600+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $680+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,210 - $3,550+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Bar Harbor Savings & Loan

1. How much does Bar Harbor Savings & Loan in the United States pay?

Bar Harbor Savings & Loan pays its employees an average of $80,945 per year. The average salary at Bar Harbor Savings & Loan range from $70,999 to $91,723 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. Do Bar Harbor Savings & Loan employees get a higher salary than its peer company?

The salary at Bar Harbor Savings & Loan is lesser than its peer company. The average annual salary at Bar Harbor Savings & Loan is $80,945, or an hourly wage of $39, in comparison to Franklin Mortgage Company LLC which pays $86,240 per year or $41 per hour.

3. What are the highest paying jobs at Bar Harbor Savings & Loan?

The higher-paying job at Bar Harbor Savings & Loan, according to our data, include President & Chief Executive Officer (avg. $626,588 per year), Compliance Officer (avg. $69,114 per year), and Internal Auditor (avg. $58,103 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Bar Harbor Savings & Loan?

Salary progression with years of experience at Bar Harbor Savings & Loan is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

5. Do salaries at Bar Harbor Savings & Loan vary by office location?

Yes, it's very likely that salaries at Bar Harbor Savings & Loan vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Bangor section provides more context.

6. Does Bar Harbor Savings & Loan offer good benefits?

Bar Harbor Savings & Loan typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Bar Harbor Savings & Loan" section on this page.