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Castle Bank & Trust Co Salary

Castle Bank & Trust Co Salary

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As of August 2026, the average annual salary for employees at Castle Bank & Trust Co in the United States is $104,320. This translates to an approximate hourly wage of $50. Salaries at Castle Bank & Trust Co typically range from $91,443 to $118,317 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Castle Bank & Trust Co Pay for Different Roles?

Explore detailed salary information for specific jobs at Castle Bank & Trust Co. Based on our data, the highest paying job is the Personal Banker, with an annual salary of $97,456. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Is Castle Bank & Trust Co’s Pay Competitive? Salary Benchmarking Analysis

How does Castle Bank & Trust Co'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
Genoa Banking Co $93,065
-10.8%
Genoa Banking Co likely leverages performance bonuses over the high base salary shown here.
Branson Bank $88,603
-15.1%
Typical compensation structure for smaller regional agencies like Branson Bank.
Texas Cmnty Bancshares Inc $85,745
-17.8%
Normalized for lower cost-of-living zones where Texas Cmnty Bancshares Inc primarily operates.
Bank Branch & Office Building $107,737
+3.3%
Supported by Bank Branch & Office Building's high-margin contracts allowing higher overhead.
Financial Services Industry $121,514
+16.5%
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 Castle Bank & Trust Co's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Castle Bank & Trust Co. Click a company name to learn more.

Employee Reviews: Working at Castle Bank & Trust Co

Considering a career at Castle Bank & Trust Co? 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.
A good workplace for those who value order and process more than rapid change or creative input. Positive work-life balance and flexible scheduling. I feel motivated by the company’s dedication to client success and innovation in financial services. I'm excited about the company's future and my role within its growth. Leadership is approachable and listens carefully.
Commented in March 08, 2025
10
1
Policies are applied equitably, creating a trusted and predictable work environment for all employees. Flexible scheduling options and a reasonable workload allow me to excel professionally while also maintaining a healthy life outside of the office. Feedback is specific and constructive. Their expertise is evident in strategic decisions. The company invests in continuous upgrades, ensuring effici...
Commented in October 08, 2024
8
0
Team members are helpful and hardworking. There's genuine interest in employee well-being, and performance is fairly rewarded. The office culture is professional and it is somehow overly social.
Commented in May 04, 2024
13
3
Seeing clients achieve their goals through our work is incredibly rewarding. Large enough for stability but enough to matter. Strategic direction is clear, and the company adapts well to industry shifts. Strong emphasis on process and accuracy. Open-door policies promote honest communication.
Commented in February 08, 2024
19
2

Castle Bank & Trust Co Overview

Website
www.castlebankandtrust.com
Founded In
1999
Employees
50 - 100 employees
Industry
Financial Services
Headquarter Address
100 Hanover St Meriden Connecticut CT 06451
Revenue
$10 Million - $50 Million
Phone Number
+1 2036398866
Social Media
About Castle Bank & Trust Co
Founded in 1999, Castle Bank & Trust operates 2 branches in Meriden. On June 30 it had $74 million in assets, $45 million in deposits and $6 million in capital.

What Benefits Does Castle Bank & Trust Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Castle Bank & Trust Co 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)
Work at Castle Bank & Trust Co?
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What Is the Cost of Living Near Meriden?

Understanding the cost of living near Meriden is key to truly evaluating a salary offer or your current compensation at Castle Bank & Trust Co.
Meriden's Cost of Living Index is approximately 98.7 (1.3% less expensive than US average; 8.4% less than CT average). Central CT city, relatively affordable housing. CTtransit, Hartford Line rail. When planning your budget based on a salary from Castle Bank & Trust Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,100 - $1,600+ A significant portion of Castle Bank & Trust Co salary. Location choices impact this heavily.
Utilities (Basic) $170 - $280 Electricity, Heating, Cooling, Water etc.
Public Transportation $63 (CTtransit 31-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $580 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,433 - $3,783+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Castle Bank & Trust Co

1. What is the estimated average total compensation at Castle Bank & Trust Co?

Salary.com estimates that the average total compensation package at Castle Bank & Trust Co, which can include base salary, potential bonuses, and benefits, is around $104,320 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Castle Bank & Trust Co pay compared to Genoa Banking Co?

The average annual salary at Castle Bank & Trust Co is $104,320, or an hourly wage of $50, in comparison to Genoa Banking Co which pays $93,065 per year or $45 per hour.

3. Do salaries differ significantly between departments at Castle Bank & Trust Co?

Yes, salaries often differ between departments at Castle Bank & Trust Co 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. What's the typical salary progression for an employee moving from an entry-level to a senior role at Castle Bank & Trust Co?

Salary progression from an entry-level to a senior role at Castle Bank & Trust Co can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

5. How can I determine if a salary offer from Castle Bank & Trust Co in Meriden is fair given the local cost of living?

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

6. Are promotions at Castle Bank & Trust Co usually accompanied by a significant salary increase?

Yes, promotions at Castle Bank & Trust Co are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.

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