Cole Taylor Bank Salary

Cole Taylor Bank Salary

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As of August 2026, the average annual salary for employees at Cole Taylor Bank in the United States is $115,079. This translates to an approximate hourly wage of $55. Salaries at Cole Taylor Bank typically range from $100,762 to $130,743 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Cole Taylor Bank

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

Is Cole Taylor Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Cole Taylor 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
First Mid Illinois Bancshares Inc $104,109
-9.5%
First Mid Illinois Bancshares Inc likely leverages performance bonuses over the high base salary shown here.
Fincare $110,712
-3.8%
Normalized for lower cost-of-living zones where Fincare primarily operates.
NBH Bank $115,205
+0.1%
Confirms NBH Bank is a direct competitor vying for the exact same talent pool.
UBA America $133,590
+16.1%
Reflects structural premiums typical of UBA America's large-cap national operations.
Financial Services Industry $121,514
+5.6%
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 Cole Taylor Bank's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Cole Taylor Bank

Considering a career at Cole Taylor 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.
Peer recognition is encouraged through multiple channels. Workload distribution is carefully monitored. Recognition programs motivate and reward employee achievements. Communication is formal and occasionally inconsistent, leading to silos.
Commented in March 11, 2025
34
0
Team members are helpful and hardworking. Leadership is approachable and listens carefully. The company’s commitment to social responsibility extends beyond the workplace, with initiatives supporting underrepresented communities. Innovative approach to finance and technology.
Commented in January 27, 2025
23
0
Senior leaders are accessible, and decisions are made thoughtfully. There’s strong alignment across departments, and collaboration is smooth and productive. There’s a strong team dynamic that drives results without sacrificing morale. Performance is tracked methodically. They effectively steer a colossal organization through complex market conditions, maintaining a clear strategic direction. It's ...
Commented in August 12, 2024
11
1
This flexibility has improved my productivity and work-life harmony. Most importantly, there’s a shared passion for delivering exceptional financial solutions ethically. There's a focus on execution over exploration. Training and mentoring programs are widely available. With a clear vision and strategic direction, they guide the company toward sustained success.
Commented in July 07, 2024
40
2
Benefits, like health coverage and retirement plans, provide real security. Managers trust employees to deliver regardless of location. Employees have access to ongoing training and career development opportunities. Ethical values guide daily operations.
Commented in March 08, 2024
18
3

Cole Taylor Bank Overview

Website
www.coletaylormortgage.com
Founded In
2013
Employees
1,000 - 3,000 employees
Industry
Financial Services
Headquarter Address
350 E Dundee Rd Wheeling Illinois IL 60090
Revenue
$200 Million - $500 Million
Phone Number
+1 8475370020
Social Media
About Cole Taylor Bank
Cole Taylor Equipment Finance is a subsidiary of Cole Taylor Bank. Cole Taylor Equipment Finance seeks direct equipment lending opportunities and syndicated deals in the $2 million to $20 million range. Cole Taylor Bank is a commercial bank headquartered in Chicago with assets of $5.9 billion as of June 30, 2013 and is a wholly-owned subsidiary of Taylor Capital Group, Inc. (NASDAQ: TAYC). For mor

What Benefits Does Cole Taylor Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. Cole Taylor 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)
Work at Cole Taylor Bank?
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What Is the Cost of Living Near Wheeling?

Understanding the cost of living near Wheeling is key to truly evaluating a salary offer or your current compensation at Cole Taylor Bank.
Wheeling's Cost of Living Index is approximately 74.3 (25.7% less expensive than US average; 15.1% less than WV average). Northern Panhandle city, very affordable. OVRTA. When planning your budget based on a salary from Cole Taylor Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $600 - $900+ A significant portion of Cole Taylor Bank salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation Limited local transit Essential for most commuters; car ownership is costly.
Groceries (Single Person) $350 - $510 Can be higher with more dining out or specialty stores.
Personal & Leisure $250 - $500+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $330 - $620+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $1,710 - $2,780+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Cole Taylor Bank

1. What is the typical salary range (low to high) for most roles at Cole Taylor Bank?

The typical annual salary range for most roles at Cole Taylor Bank is approximately from $100,762 to $130,743. 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 Cole Taylor Bank pay compared to First Mid Illinois Bancshares Inc?

The average annual salary at Cole Taylor Bank is $115,079, or an hourly wage of $55, in comparison to First Mid Illinois Bancshares Inc which pays $104,109 per year or $50 per hour.

3. Do salaries differ significantly between departments at Cole Taylor Bank?

Yes, salaries often differ between departments at Cole Taylor 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 Cole Taylor Bank?

Experience level is a significant factor in determining salary at Cole Taylor 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 Cole Taylor Bank in Wheeling is fair given the local cost of living?

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

6. What factors influence salary increases at Cole Taylor Bank?

Salary increases at Cole Taylor Bank are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.

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