Co-op Bank Salary

As of August 2026, the average annual salary for employees at Co-op Bank in the United States is $95,660. This translates to an approximate hourly wage of $46. Salaries at Co-op Bank typically range from $83,910 to $108,392 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Co-op Bank

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

Is Co-op Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Co-op 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
Platinum Parachute Holdings $92,242
-3.6%
Platinum Parachute Holdings focuses strategically on recruiting and training entry-level apprentices.
Capital Equities Group $100,501
+5.1%
Driven by niche technical certifications required for Capital Equities Group's specialized projects.
Okinus Credit Solutions $83,783
-12.4%
Okinus Credit Solutions operates with a leaner overhead structure, impacting base wage offers.
Planet Partnerships LLC $98,951
+3.4%
Data suggests Planet Partnerships LLC's workforce skews heavily towards veteran, high-tenure roles.
Financial Services Industry $121,514
+27.0%
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.

Employee Reviews: Working at Co-op Bank

Considering a career at Co-op 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.
Flexible work options help balance personal and professional life. Documentation is thorough and accessible. Employees globally, there’s a strong sense of professionalism and collaboration. Employees are encouraged to share ideas and contribute to continuous improvement. Leadership fosters a growth mindset, encouraging innovation at every level.
Large enough for stability but enough to matter. I’ve received valuable mentoring, and career conversations happen regularly. Benefits are comprehensive and competitive, with an emphasis on health and retirement plans. A supportive team and transparent leadership set the tone. I appreciate the leadership’s transparency and commitment to employee engagement. Results-driven team with shared success.
Employees are empowered to take ownership of their projects, contributing to a dynamic workplace where innovation and teamwork drive success. The culture is supportive, and managers genuinely care about employee well-being. Enjoyable culture and great benefits. I’ve had exposure to areas like compliance, data analytics, and operations thanks to a strong rotation system.

Co-op Bank Overview

Website
www.saveourbank.coop
Founded In
2013
Employees
<25 employees
Industry
Financial Services
Headquarter Address
41 Old Birley St Manchester Washington WA 98353
Revenue
<$5 Million
Phone Number
+44 1612262929
Social Media
About Co-op Bank
When most of the shares in The Co-operative Bank were sold off to private shareholders in 2013, a group of bank customers, supported by Ethical Consumer magazine, formed the Save Our Bank Campaign. We wanted to make sure the bank kept its world-leading ethical policy and ultimately return to majority co-operative control. Within a few months, over 10,000 bank customers had signed up to the campaig

What Benefits Does Co-op Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. Co-op 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 Seattle?

Understanding the cost of living near Seattle is key to truly evaluating a salary offer or your current compensation at Co-op Bank.
Seattle's Cost of Living Index is approximately 152.7 (52.7% more expensive than US average; 36.8% more than WA average). Major tech hub (Amazon, Microsoft nearby), extremely high housing costs. King County Metro, Sound Transit. When planning your budget based on a salary from Co-op Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,000 - $3,000+ A significant portion of Co-op Bank salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $99 (ORCA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $500 - $750 Can be higher with more dining out or specialty stores.
Personal & Leisure $550 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $430 - $800+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,709 - $5,779+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Co-op Bank

1. What is the typical salary range (low to high) for most roles at Co-op Bank?

The typical annual salary range for most roles at Co-op Bank is approximately from $83,910 to $108,392. 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.

2. How much does Co-op Bank pay compared to Platinum Parachute Holdings?

The average annual salary at Co-op Bank is $95,660, or an hourly wage of $46, in comparison to Platinum Parachute Holdings which pays $92,242 per year or $44 per hour.

3. Do salaries differ significantly between departments at Co-op Bank?

Yes, salaries often differ between departments at Co-op Bank 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. How does experience level affect salary at Co-op Bank?

Experience level is a significant factor in determining salary at Co-op Bank, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from Co-op Bank in Seattle is fair given the local cost of living?

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

6. Are the salaries listed for Co-op Bank on Salary.com pre-tax or after-tax?

All salary figures displayed for Co-op Bank, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.