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Biddeford Savings Salary

Biddeford Savings Salary

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As of September 2026, the average annual salary for employees at Biddeford Savings in the United States is $93,149. This translates to an approximate hourly wage of $45. Salaries at Biddeford Savings typically range from $81,656 to $105,660 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Biddeford Savings Pay for Different Roles?

Explore detailed salary information for specific jobs at Biddeford Savings. Based on our data, the highest paying job is the Senior Vice President, Chief Information Officer, with an annual salary of $282,224. The table below outlines the annual salary ranges for most popular roles within the company.
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Is Biddeford Savings’s Pay Competitive? Salary Benchmarking Analysis

How does Biddeford Savings'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
Norway Savings Bank $96,672
+3.8%
Data suggests Norway Savings Bank's workforce skews heavily towards veteran, high-tenure roles.
Rondout Savings Bank $103,328
+10.9%
Influenced by prevailing union wage agreements specific to Rondout Savings Bank's sector.
Cfsbank $93,708
+0.6%
Confirms Cfsbank is a direct competitor vying for the exact same talent pool.
Bank Gloucester $101,640
+9.1%
Driven by niche technical certifications required for Bank Gloucester's specialized projects.
Financial Services Industry $121,514
+30.5%
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 Biddeford Savings's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Biddeford Savings

Considering a career at Biddeford Savings? 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.
Anniversary celebrations acknowledge tenure milestones. Meditation rooms provide quiet space. The company is financially sound with well-defined roles. Thoughtful placement reduces daily stress. The focus on clients and ethics makes me proud to work here.
Commented in May 23, 2025
15
1
The commitment to employee development and continuous learning is outstanding, offering numerous avenues for professional growth in a complex industry. Manager relationships are supportive, not micromanaging. Role is consistent, but repetitive. Leaders are open-minded, coworkers are motivated, and the goals are ambitious but attainable. Systems are modern and well-maintained, with IT support that ...
Commented in July 25, 2024
9
3
Diverse, inclusive workplace that respects all voices. My team delivers with consistency, and leadership is always willing to coach. Leadership is responsive and approachable.
Commented in January 13, 2024
19
1

Biddeford Savings Overview

Website
www.biddefordsavings.com
Founded In
1867
Employees
50 - 100 employees
Industry
Financial Services
Headquarter Address
234 Main St Biddeford Maine ME 04005
Revenue
$10 Million - $50 Million
Phone Number
+1 2072845906
Social Media
About Biddeford Savings
Biddeford Savings is an independent, mutual savings bank. It has four branch locations as well as a Commercial Banking Center. Established in 1867 they strive to serve their community through sponsorship of community events and financial education initiatives.

What Benefits Does Biddeford Savings Offer Beyond Salary?

A competitive compensation package is more than just a salary. Biddeford Savings 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 Biddeford?

Understanding the cost of living near Biddeford is key to truly evaluating a salary offer or your current compensation at Biddeford Savings.
Biddeford's Cost of Living Index is approximately 103.1 (3.1% more expensive than US average; 1.6% more than ME average). Southern ME coastal city, revitalizing mill district, housing near US avg. BSOOB Transit, ShuttleBus. When planning your budget based on a salary from Biddeford Savings, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,300 - $1,900+ A significant portion of Biddeford Savings salary. Location choices impact this heavily.
Utilities (Basic) $160 - $260 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (BSOOB/ShuttleBus monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $420 - $620 Can be higher with more dining out or specialty stores.
Personal & Leisure $380 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $710+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,680 - $4,190+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Biddeford Savings

1. How much does Biddeford Savings in the United States pay?

Biddeford Savings pays its employees an average of $93,149 per year. The average salary at Biddeford Savings range from $81,656 to $105,660 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 Biddeford Savings employees get a higher salary than its peer company?

The salary at Biddeford Savings is lesser than its peer company. The average annual salary at Biddeford Savings is $93,149, or an hourly wage of $45, in comparison to Norway Savings Bank which pays $96,672 per year or $46 per hour.

3. What are the highest paying jobs at Biddeford Savings?

The higher-paying job at Biddeford Savings, according to our data, include Senior Vice President, Chief Information Officer (avg. $282,224 per year), Executive Vice President (avg. $274,376 per year), and Senior Vice President (avg. $184,533 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Biddeford Savings?

Salary progression with years of experience at Biddeford Savings 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 Biddeford Savings vary by office location?

Yes, it's very likely that salaries at Biddeford Savings 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 Biddeford section provides more context.

6. Does Biddeford Savings offer good benefits?

Biddeford Savings 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 Biddeford Savings" section on this page.

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