Carolina Bank Salary

As of August 2026, the average annual salary for employees at Carolina Bank in the United States is $86,472. This translates to an approximate hourly wage of $42. Salaries at Carolina Bank typically range from $75,801 to $98,076 annually, reflecting the diverse roles and experience levels within the company.
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Is Carolina Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Carolina Bank'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
C & E ENTERTAINMENT HOLDINGS Inc $96,018
+11.0%
Adjusted for higher cost-of-living indices in C & E ENTERTAINMENT HOLDINGS Inc's primary metro hubs.
Civis Bank $84,057
-2.8%
Suggests Civis Bank utilizes a highly similar base-plus-benefits compensation model.
Bank Of The Carolinas Corp $91,040
+5.3%
Driven by niche technical certifications required for Bank Of The Carolinas Corp's specialized projects.
Royal Banks of Missouri $93,888
+8.6%
Influenced by prevailing union wage agreements specific to Royal Banks of Missouri's sector.
Financial Services Industry $121,514
+40.5%
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.

Employee Reviews: Working at Carolina Bank

Considering a career at Carolina Bank? 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.
High employee morale and strong engagement. The company fosters a culture of respect, innovation, and accountability. Leadership is transparent and approachable, fostering a culture of trust and innovation. Only necessary participants are included. Reverse mentoring keeps leaders learning.
Changes happen and improvements are incremental. Colleagues are incredibly knowledgeable and supportive. The work is challenging but rewarding, with opportunities to lead projects and innovate. Regulatory changes are communicated clearly. Frontline ideas receive serious consideration.
It’s a quiet place with low turnover but limited social or team-building opportunities. Work-life balance depends heavily on manager support. What sets this financial company apart is its unwavering focus on client success. I’ve had excellent mentorship and space to develop professionally. Empowering atmosphere with growth opportunities. The career advancement opportunities at gowth across various...
This focus not only enhances my skills but also demonstrates a clear commitment to employee growth and career longevity within the firm. Colleagues are supportive, and management genuinely values team feedback, resulting in strong engagement, innovation, and satisfaction across departments. There’s a strong team spirit and commitment to excellence.
The technology and tools provided are up-to-date. A strong emphasis on client service drives excellence. It’s a solid place for those valuing routine over fast-paced or innovative work environments.

Carolina Bank Overview

Website
www.carolinabank.net
Founded In
1936
Employees
50 - 100 employees
Industry
Financial Services
Headquarter Address
185 W Evans St Florence South Carolina SC 29501
Revenue
$10 Million - $50 Million
Phone Number
+1 8434139978
Social Media
About Carolina Bank
Carolina Bank continues to strive to improve its customer service and commitment to long term relationship with its customers. Once our mortgage loan team analyzes the customer's needs and credit, we will then work side by side with the customer to find the most appropriate and cost effective program. This type of personal interaction has proven to benefit our customers immensely by saving them ti

What Benefits Does Carolina Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. Carolina Bank 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 Florence?

Understanding the cost of living near Florence is key to truly evaluating a salary offer or your current compensation at Carolina Bank.
Florence's Cost of Living Index is approximately 82.5 (17.5% less expensive than US average; 13.4% less than SC average). Pee Dee region hub, affordable housing. PDRTA. When planning your budget based on a salary from Carolina Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $800 - $1,200+ A significant portion of Carolina Bank salary. Location choices impact this heavily.
Utilities (Basic) $160 - $260 Electricity, Heating, Cooling, Water etc.
Public Transportation Limited local transit Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $300 - $580+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $640+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,030 - $3,230+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Carolina Bank

1. What is the typical salary range (low to high) for most roles at Carolina Bank?

The typical annual salary range for most roles at Carolina Bank is approximately from $75,801 to $98,076. 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. How much does Carolina Bank pay compared to C & E ENTERTAINMENT HOLDINGS Inc?

The average annual salary at Carolina Bank is $86,472, or an hourly wage of $42, in comparison to C & E ENTERTAINMENT HOLDINGS Inc which pays $96,018 per year or $46 per hour.

3. Do salaries differ significantly between departments at Carolina Bank?

Yes, salaries often differ between departments at Carolina Bank due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Carolina Bank?

Experience level is a significant factor in determining salary at Carolina Bank, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from Carolina Bank in Florence is fair given the local cost of living?

To determine if a salary offer from Carolina Bank in Florence is fair, first compare the gross salary to our data for similar roles at Carolina Bank and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Florence" to understand its purchasing power.

6. What factors influence salary increases at Carolina Bank?

Salary increases at Carolina Bank are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.