Castle Rock Bank Salary

As of August 2026, the average annual salary for employees at Castle Rock Bank in the United States is $93,845. This translates to an approximate hourly wage of $45. Salaries at Castle Rock Bank typically range from $82,316 to $106,343 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Castle Rock Bank Pay for Different Roles?

Explore detailed salary information for specific jobs at Castle Rock Bank. Based on our data, the highest paying job is the Personal Banker, with an annual salary of $87,671. The table below outlines the annual salary ranges for most popular roles within the company.
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Is Castle Rock Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Castle Rock 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
Bridgeworks $94,056
+0.2%
Suggests Bridgeworks utilizes a highly similar base-plus-benefits compensation model.
Principium Investments LLC $90,607
-3.5%
Principium Investments LLC operates with a leaner overhead structure, impacting base wage offers.
Community Development Bank $83,213
-11.3%
Typical compensation structure for smaller regional agencies like Community Development Bank.
Prime Security Bank $93,729
-0.1%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Financial Services Industry $121,514
+29.5%
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 Castle Rock Bank

Considering a career at Castle Rock 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.
I felt fully integrated within weeks, not months. It's a decent job if you're looking for predictability without a lot of external pressure or frequent changes in direction. The organization is organized, goal-oriented, and committed to ethical financial practices. What impresses me most is how the company balances traditional financial rigor with digital transformation initiatives. The work is pr...
Managers encourage feedback and professional development. A forward-thinking company with excellent leadership and a culture of growth. Everyone’s role feels meaningful and respected. I've developed confidence, competence, and clarity in my career path. Working at this financial services firm has been transformative for my career. Career growth opportunities exist but progress is gradual.
Training programs exist but vary in quality by team. Problem-solving approaches are constructive. The company balances innovation and risk with care, which I greatly respect.

Castle Rock Bank Overview

Website
www.castlerockbank.net
Founded In
1916
Employees
<25 employees
Industry
Financial Services
Headquarter Address
22140 Chippendale Ave W Farmington Minnesota MN 55024
Revenue
$5 Million - $10 Million
Phone Number
+1 6514634014
Social Media
About Castle Rock Bank
The Castle Rock Bank was founded in 1916 to meet the financial needs of the residents of our community. It has been awarded a 5-star Superior rating for the past 99 quarters by Bauer Financial Reports, Inc. This institution has over 100 million in assets and has grown in strength because of its dedication to prompt, reliable, accurate and friendly service. We do what we say we are going to do, the

What Benefits Does Castle Rock Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. Castle Rock 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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How Much Should You Be Earning?

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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 Castle Rock Bank.
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 Castle Rock Bank, 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 Castle Rock Bank 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 Castle Rock Bank

1. What is the average salary for employees at Castle Rock Bank?

The average annual total compensation for employees at Castle Rock Bank is approximately $93,845. However, this is an aggregate figure, actual salaries can range significantly, typically from $82,316 to $106,343, depending on factors like job role, experience, and location.

2. How much does Castle Rock Bank pay compared to Bridgeworks?

The average annual salary at Castle Rock Bank is $93,845, or an hourly wage of $45, in comparison to Bridgeworks which pays $94,056 per year or $45 per hour.

3. What is the lowest salary at Castle Rock Bank?

The lowest-paying job at Castle Rock Bank is a Mortgage Loan Officer with a salary of $42,164 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Castle Rock Bank?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Castle Rock Bank for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Castle Rock Bank offer cost-of-living adjustments (COLA) for employees in high-cost areas like Minneapolis?

While some companies offer formal COLA, many, including potentially Castle Rock Bank, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at Castle Rock Bank?

Most companies, likely including Castle Rock Bank, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.