What does Central Illinois Bank do?

According to the company's overview, Central Illinois Bank is a company that operates in the Financial Services industry.

What industry is Central Illinois Bank in?

Central Illinois Bank operates in the Financial Services industry.

Central Illinois Bank Average Salary, Pay Ranges & Benefits

Central Illinois Bank Salary

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Salary at Central Illinois Bank

Current Job Openings at Central Illinois Bank

Ready for your next career move? Explore current job openings at Central Illinois Bank. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Central Illinois Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Central Illinois 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
Fulton Bank of NJ	$97,611	+6.0%	Adjusted for higher cost-of-living indices in Fulton Bank of NJ's primary metro hubs.
Fulton Bank	$106,229	+15.4%	Reflects a supply-demand imbalance for the specific talent Fulton Bank targets.
bank somerset hills b Inc	$111,545	+21.2%	Influenced by prevailing union wage agreements specific to bank somerset hills b Inc's sector.
Central Illinois Land Bank Authority	$92,506	+0.5%	Aligns perfectly with prevailing regional benchmarks for this specific job family.
Financial Services Industry	$121,514	+32.0%	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 Central Illinois Bank's Salaries Compare to Similar Companies?

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

Fulton Bank of NJ

$97,611 / year

Salary Range: $85,551 - $110,733

Phillipsburg, NJ

Fulton Bank

$106,229 / year

Salary Range: $93,101 - $120,512

Dewey Beach, DE

bank somerset hills b Inc

$111,545 / year

Salary Range: $97,757 - $126,524

Mendham, NJ

Central Illinois Land Bank Authority

$92,506 / year

Salary Range: $81,079 - $104,941

Danville, IL

1 First State Bank - Joplin

$91,989 / year

Salary Range: $80,621 - $104,355

Joplin, MO

Bank Western Miodle State

$91,725 / year

Salary Range: $80,392 - $104,051

Fargo, ND

TexasBank

$86,167 / year

Salary Range: $75,535 - $97,734

Brownwood, TX

Integrity First Bank

$86,683 / year

Salary Range: $75,993 - $98,319

Fayetteville, AR

The Fauquier Bank

$105,638 / year

Salary Range: $92,607 - $119,829

Warrenton, VA

Employee Reviews: Working at Central Illinois Bank

Considering a career at Central Illinois 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.

It's fulfilling to be part of an organization that genuinely cares about its reputation and client satisfaction. Leadership is present but distant. The company provides excellent benefits and prioritizes employee wellbeing with wellness programs and flexible schedules. Benefits are comprehensive, including health insurance, retirement plans, and wellness initiatives. It’s an organization that genu...

Commented in May 31, 2025

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Benefits are robust, covering healthcare, wellness, and retirement plans. Workloads can be high during busy periods, leading to occasional stress, despite fair compensation. Mental health coverage is robust. Great mentoring, excellent work culture, and a shared commitment to excellence make this company stand out. Teams work seamlessly together, leveraging diverse expertise to solve complex financ...

Commented in December 29, 2024

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While the work is demanding, management is respectful of personal time and avoids unnecessary overtime. Ergonomic assessments prevent strain. Clear documentation and training make ramp-up manageable.

Commented in June 29, 2024

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Offices are designed for both collaboration and focused work, with state-of-the-art technology. Communication is formal, with limited opportunities for employee feedback to influence change. This company respects work-life balance while driving innovation.

Commented in March 26, 2024

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What Benefits Does Central Illinois Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. Central Illinois 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?

Get an estimated calculation of how much you should be earning and insight into your career options.

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What Is the Cost of Living Near Champaign?

Understanding the cost of living near Champaign is key to truly evaluating a salary offer or your current compensation at Central Illinois Bank.

Champaign's Cost of Living Index is approximately 89.8 (10.2% less expensive than US average; 4.3% less than IL average). Central IL (Univ. of Illinois), housing affordable. MTD bus. When planning your budget based on a salary from Central Illinois Bank, consider these typical monthly expenses:

Expense Category	Estimated Monthly Cost	Key Considerations / Notes
Housing (1-BR Apt Rent)	$800 - $1,250+	A significant portion of Central Illinois Bank salary. Location choices impact this heavily.
Utilities (Basic)	$150 - $240	Electricity, Heating, Cooling, Water etc.
Public Transportation	$60 (MTD monthly pass, free for UofI)	Essential for most commuters; car ownership is costly.
Groceries (Single Person)	$380 - $560	Can be higher with more dining out or specialty stores.
Personal & Leisure	$330 - $630+	Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual)	$360 - $660+	Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes)	$2,080 - $3,340+	This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Central Illinois Bank

1. What is the average salary for employees at Central Illinois Bank?

The average annual total compensation for employees at Central Illinois Bank is approximately $92,052. However, this is an aggregate figure, actual salaries can range significantly, typically from $80,676 to $104,416, depending on factors like job role, experience, and location.

2. How much does Central Illinois Bank pay compared to Fulton Bank of NJ?

The average annual salary at Central Illinois Bank is $92,052, or an hourly wage of $44, in comparison to Fulton Bank of NJ which pays $97,611 per year or $47 per hour.

3. How does having a professional certification impact salary for relevant roles at Central Illinois 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 Central Illinois Bank for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does Central Illinois Bank offer cost-of-living adjustments (COLA) for employees in high-cost areas like Champaign?

While some companies offer formal COLA, many, including potentially Central Illinois 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.

5. What's the typical process for salary reviews and raises at Central Illinois Bank?

Most companies, likely including Central Illinois 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.