Central Bank Salary

Central Bank pays its employees an average of $81,146 per year. The average salary at Central Bank range from $71,155 to $92,108 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.

The salary at Central Bank is lesser than the similar company. The average annual salary at Central Bank is $81,146, or an hourly wage of $39, in comparison to CITIZEN'S BANK OF TEXAS which pays $85,961 per year or $41 per hour.

In many roles at Central Bank, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

Des Moines' Cost of Living Index is approximately 80.8 (19.2% less expensive than US average; 10.1% less than IA average). This significantly impacts the purchasing power of a salary from Central Bank based there. Our "Cost of Living Insights for Des Moines" module details this impact, helping you assess the 'real feel' value of your compensation.

Central Bank generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Central Bank" section on this page.