Charles River Bank Salary

As of September 2026, the average annual salary for employees at Charles River Bank in the United States is $93,353. This translates to an approximate hourly wage of $45. Salaries at Charles River Bank typically range from $81,859 to $105,964 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Charles River Bank Pay for Different Roles?

Explore detailed salary information for specific jobs at Charles River Bank. Based on our data, the highest paying job is the Business Anaylst, with an annual salary of $136,585. The table below outlines the annual salary ranges for most popular roles within the company.

Digital Services Specialist

$34,932 / year

Salary Range: $31,525 - $38,948

Security Services

Contact Center Agent

$86,351 / year

Salary Range: $75,884 - $100,095

Sales

Fraud and Security Specialist

$91,520 / year

Salary Range: $78,966 - $105,937

Security Services

Digital Support Agent

$69,758 / year

Salary Range: $61,896 - $78,750

Construction

Business Anaylst

$136,585 / year

Salary Range: $115,388 - $156,730

Library

Digital Banking Agent

$69,758 / year

Salary Range: $61,896 - $78,750

Construction

Turn Insight into Opportunity: Current Job Openings

Ready for your next career move? Explore current job openings at Charles River Bank.
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About Charles River Bank: Company Profile

Website
www.charlesriverbank.com
Founded In
1915
Employees
50 - 100 employees
Industry
Financial Services
Headquarter Location
MEDWAY
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About CHARLES RIVER BANK
About Us Founded in 1915, Charles River Bank began providing opportunities for people in our community to enjoy home ownership, achieve financial goals, and to look to the Bank as a constant resource for improving the lives of their family, their business, and the community that we share. Today, Charles River Bank remains a vital part of our community, with a vision toward the future and the needs

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Charles River Bank's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
Industry reputation opens doors. Meetings are regular and productive, though they can feel repetitive. The company provides reliable employment with comprehensive benefits, but the work environment can feel bureaucratic. The company culture values diversity and inclusion, creating a welcoming workplace. The office environment is positive and energetic. Quiet rooms enable focused work. Colleagues s...
The company delivers on predictability. Leadership promotes open communication and recognizes achievements regularly. Even with employees, there’s a strong sense of alignment, and executives are approachable and communicative. Management recognizes and rewards hard work through various incentives.
The work is meaningful, and the leadership team is communicative and proactive. Financial services here are approached with integrity and innovation. This culture of respect, trust, and innovation makes it an excellent place to work. Resources are ample, allowing us to focus on quality work rather than budget constraints. Work-life balance initiatives, like remote options and mental health support...
Sick time can be used for mental health. The leadership visionary and inspiring. The company is agile and adapts well to market changes.

Is Charles River Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Charles River 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
CHARLES SCHWARTZ $80,089
-14.2%
Normalized for lower cost-of-living zones where CHARLES SCHWARTZ primarily operates.
CBC BANK $84,345
-9.6%
CBC BANK likely leverages performance bonuses over the high base salary shown here.
COMMUNITY BANK OF THE BAY $104,259
+11.7%
Influenced by prevailing union wage agreements specific to COMMUNITY BANK OF THE BAY's sector.
GIMAEX $83,398
-10.7%
Reflects market rates for standard general contracting, differing from specialized roles.
Financial Services Industry $121,514
+30.2%
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.

What Is the Cost of Living Near Framingham?

Understanding the cost of living near Framingham is key to truly evaluating a salary offer or your current compensation at Charles River Bank.
Framingham's Cost of Living Index is approximately 125.7 (25.7% more expensive than US average; 5.2% less than MA average). MetroWest hub, housing costs above US avg. MWRTA bus, Commuter Rail. When planning your budget based on a salary from Charles River Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,800 - $2,600+ A significant portion of Charles River Bank salary. Location choices impact this heavily.
Utilities (Basic) $180 - $290 Electricity, Heating, Cooling, Water etc.
Public Transportation $50 (MWRTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $460 - $680 Can be higher with more dining out or specialty stores.
Personal & Leisure $430 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $410 - $760+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,330 - $5,080+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Charles River Bank

FAQ 1: What is the estimated average total compensation at Charles River Bank?
Salary.com estimates that the average total compensation package at Charles River Bank, which can include base salary, potential bonuses, and benefits, is around $93,353 annually . Total compensation provides a more holistic view of an employee's earnings.
FAQ 2: How much does Charles River Bank pay compared to CHARLES SCHWARTZ?
The average annual salary at Charles River Bank is $93,353, or an hourly wage of $45, in comparison to CHARLES SCHWARTZ which pays $80,089 per year or $39 per hour.
FAQ 3: What's the typical salary progression for an employee moving from an entry-level to a senior role at Charles River Bank?
Salary progression from an entry-level to a senior role at Charles River Bank 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.
FAQ 4: How can I determine if a salary offer from Charles River Bank in Framingham is fair given the local cost of living?
To determine if a salary offer from Charles River Bank in Framingham is fair, first compare the gross salary to our data for similar roles at Charles River Bank and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Framingham" to understand its purchasing power.
FAQ 5: Are promotions at Charles River Bank usually accompanied by a significant salary increase?
Yes, promotions at Charles River Bank 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.