Colfax Banking Co Salary

As of September 2026, the average annual salary for employees at Colfax Banking Co in the United States is $76,969. This translates to an approximate hourly wage of $37. Salaries at Colfax Banking Co typically range from $67,517 to $87,223 annually, reflecting the diverse roles and experience levels within the company.
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Is Colfax Banking Co’s Pay Competitive? Salary Benchmarking Analysis

How does Colfax Banking Co'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
Latitude Capital LLC $85,724
+11.4%
Supported by Latitude Capital LLC's high-margin contracts allowing higher overhead.
Tauro Capital Advisors Inc $99,584
+29.4%
Driven by niche technical certifications required for Tauro Capital Advisors Inc's specialized projects.
Checksmart Financial Co $87,211
+13.3%
Reflects structural premiums typical of Checksmart Financial Co's large-cap national operations.
Industrial Arts Workshop $87,475
+13.6%
Influenced by prevailing union wage agreements specific to Industrial Arts Workshop's sector.
Financial Services Industry $121,514
+57.9%
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 Colfax Banking Co

Considering a career at Colfax Banking Co? 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.
I’m surrounded by professionals who care about quality and client outcomes. Positive team energy and clear communication make this a productive environment. Our compliance culture is robust yet practical. With employees, there’s a wealth of knowledge to learn from, and the company actively promotes internal mobility.
This prevents burnout while maintaining high standards. Leadership is approachable and encourages employees to share ideas and improve processes. Everything runs on a schedule. It's a professional but somewhat rigid environment, best for those who prefer structured roles over fast-paced change. Workload varies across teams, leading to occasional burnout. Communication varies across different teams...
I've been consistently impressed by dedication to client-centricity and ethical conduct. This organization excels in providing professional development and clear career pathways. I'm consistently impressed by the high caliber of my colleagues; everyone is knowledgeable, driven, and dedicated to providing exceptional service to our clients. Engagement with upper management is rare. Ideal for those ...

Colfax Banking Co Overview

Website
www.colfaxbanking.com
Founded In
1933
Employees
<25 employees
Industry
Financial Services
Headquarter Address
625 8th St Colfax Louisiana LA 71417
Revenue
<$5 Million
Phone Number
+1 3186273161
Social Media
About Colfax Banking Co
Colfax Banking Company is committed to keeping your personal information safe and secure. CBC will never ask for your personal account information by email. Bank customers can avoid falling prey to Phishing, an email scam issuing bogus requests for personal information such as credit card numbers, social security numbers and bank account information, by following simple email precautions. The best

What Benefits Does Colfax Banking Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Colfax Banking Co 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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What Is the Cost of Living Near Monroe?

Understanding the cost of living near Monroe is key to truly evaluating a salary offer or your current compensation at Colfax Banking Co.
Monroe's Cost of Living Index is approximately 78.8 (21.2% less expensive than US average; 15.3% less than LA average). NE LA city (UL Monroe), very affordable housing. Monroe Transit. When planning your budget based on a salary from Colfax Banking Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $700 - $1,100+ A significant portion of Colfax Banking Co salary. Location choices impact this heavily.
Utilities (Basic) $160 - $260 Electricity, Heating, Cooling, Water etc.
Public Transportation Limited local transit Essential for most commuters; car ownership is costly.
Groceries (Single Person) $360 - $530 Can be higher with more dining out or specialty stores.
Personal & Leisure $280 - $550+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $340 - $630+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $1,870 - $3,070+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Colfax Banking Co

1. What is the average salary for employees at Colfax Banking Co?

The average annual total compensation for employees at Colfax Banking Co is approximately $76,969. However, this is an aggregate figure, actual salaries can range significantly, typically from $67,517 to $87,223, depending on factors like job role, experience, and location.

2. How much does Colfax Banking Co pay compared to Latitude Capital LLC?

The average annual salary at Colfax Banking Co is $76,969, or an hourly wage of $37, in comparison to Latitude Capital LLC which pays $85,724 per year or $41 per hour.

3. What is the lowest salary at Colfax Banking Co?

The lowest-paying job at Colfax Banking Co is a Bank Teller with a salary of $25,606 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Colfax Banking Co?

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 Colfax Banking Co for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Colfax Banking Co offer cost-of-living adjustments (COLA) for employees in high-cost areas like Monroe?

While some companies offer formal COLA, many, including potentially Colfax Banking Co, 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.

6. What's the typical process for salary reviews and raises at Colfax Banking Co?

Most companies, likely including Colfax Banking Co, 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.