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Colombo Bank Salary

Colombo Bank Salary

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As of October 2026, the average annual salary for employees at Colombo Bank in the United States is $103,613. This translates to an approximate hourly wage of $50. Salaries at Colombo Bank typically range from $90,838 to $117,500 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Colombo Bank Pay for Different Roles?

Explore detailed salary information for specific jobs at Colombo Bank. Based on our data, the highest paying job is the Senior Vice President, with an annual salary of $205,262. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Is Colombo Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Colombo 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
Group Home Holdings LLC $89,004
-14.1%
Typical compensation structure for smaller regional agencies like Group Home Holdings LLC.
Kids4peace Usa Inc $90,238
-12.9%
Kids4peace Usa Inc operates with a leaner overhead structure, impacting base wage offers.
annapolisThe Federal Savings Bank $100,512
-3.0%
Suggests annapolisThe Federal Savings Bank utilizes a highly similar base-plus-benefits compensation model.
Colombo Bank $103,613
0.0%
Confirms Colombo Bank is a direct competitor vying for the exact same talent pool.
Financial Services Industry $121,514
+17.3%
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 Colombo Bank's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Colombo Bank

Considering a career at Colombo 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.
Training is engaging and relevant to daily work. In the fast-paced financial industry, this company excels at promoting work-life balance. It’s a stable work environment that suits those looking for predictable tasks and job security. I feel empowered to bring ideas forward. Change happens Managers are practical, not personable.
Commented in May 24, 2025
9
3
This company respects work-life balance while driving innovation. The company attracts and retains top talent. Change comes and staff input is occasionally overlooked. Flexible scheduling options help balance personal and work life. Ideas are judged on merit, and there's a conscious effort to ensure all voices are heard. Compensation philosophy is transparent and fair.
Commented in September 14, 2024
30
1
Cybersecurity training keeps us all vigilant. This balance makes the work incredibly engaging and fulfilling, accelerating my professional development in the financial sector significantly. The employees, the scale of impact is immense, yet the culture remains people-focused. One of the few places where both performance and values are equally important.
Commented in September 06, 2024
13
2
From operations to compliance, people collaborate openly and share information freely. It’s a place where careers flourish, and contributions truly matter. With employees, everyone is aligned in delivering exceptional service.
Commented in March 15, 2024
40
0

Colombo Bank Overview

Website
www.yelp.com/biz/colombobank-silver-spring
Founded In
1914
Employees
50 - 100 employees
Industry
Financial Services
Headquarter Address
1600 E Gude Dr Rockville Maryland MD 20850
Revenue
$5 Million - $10 Million
Phone Number
+1 2402682265
Social Media
About Colombo Bank
Colombo Bank, first known as Apicella Bank, opened in the summer of 1914 in the "Little Italy" area of Baltimore. Advocating the banking needs of the community was and continues to be the foundation for which Colombo has been built. Through a desire to grow and focus on its community roots, the Bank grew from the small branch office in "Little Italy" by adding four additional locations in Rockvill

What Benefits Does Colombo Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. Colombo 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 Colombo Bank?
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What Is the Cost of Living Near Rockville?

Understanding the cost of living near Rockville is key to truly evaluating a salary offer or your current compensation at Colombo Bank.
Rockville's Cost of Living Index is approximately 132.5 (32.5% more expensive than US average; 17.3% more than MD average). Montgomery County seat, affluent, high housing costs. Ride On bus, Metro Red Line. When planning your budget based on a salary from Colombo Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,900 - $2,800+ A significant portion of Colombo Bank salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $45 (Ride On pass, Metro extra) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $470 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $480 - $850+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $420 - $780+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,465 - $5,435+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Colombo Bank

1. How much does Colombo Bank in the United States pay?

Colombo Bank pays its employees an average of $103,613 per year. The average salary at Colombo Bank range from $90,838 to $117,500 per year. 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. Do Colombo Bank employees get a higher salary than its peer company?

The salary at Colombo Bank is higher than its peer company. The average annual salary at Colombo Bank is $103,613, or an hourly wage of $50, in comparison to Group Home Holdings LLC which pays $89,004 per year or $43 per hour.

3. What are the highest paying jobs at Colombo Bank?

The higher-paying job at Colombo Bank, according to our data, include Senior Vice President (avg. $205,262 per year), Portfolio Manager (avg. $111,838 per year), and Senior Loan Officer (avg. $89,524 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Colombo Bank?

Salary progression with years of experience at Colombo Bank is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

5. Do salaries at Colombo Bank vary by office location?

Yes, it's very likely that salaries at Colombo Bank vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Rockville section provides more context.

6. Does Colombo Bank offer good benefits?

Colombo Bank typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Colombo Bank" section on this page.

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