Colonial Virginia Bank Salary

As of August 2026, the average annual salary for employees at Colonial Virginia Bank in the United States is $80,265. This translates to an approximate hourly wage of $39. Salaries at Colonial Virginia Bank typically range from $70,383 to $91,109 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Colonial Virginia Bank Pay for Different Roles?

Explore detailed salary information for specific jobs at Colonial Virginia 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.

Business Anaylst

$136,585 / year

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

Library

Contact Center Agent

$86,351 / year

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

Sales

Digital Banking Agent

$69,758 / year

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

Construction

Digital Services Specialist

$34,932 / year

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

Security Services

Digital Support Agent

$69,758 / year

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

Construction

Fraud and Security Specialist

$91,520 / year

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

Security Services

Turn Insight into Opportunity: Current Job Openings

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About Colonial Virginia Bank: Company Profile

Website
www.colonialvabank.com
Founded In
2015
Employees
50 - 100 employees
Industry
Financial Services
Headquarter Location
GLOUCESTER POINT
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media

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

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Colonial Virginia Bank's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
Training programs are top-notch. For an organization of employees, maintaining such a high standard of integrity and trust is commendable. Initiatives promoting health and balance are common and appreciated by all staff. Structure is the company’s strong suit. Management provides direction but rarely engages in collaborative problem-solving. Saying no to unrealistic demands is supported. Bene...
It makes coming to work enjoyable and productive every single day now. Work-life balance is respected, with flexible scheduling options. My time here has been filled with growth, learning, and valuable connections. Strong teamwork and open communication across departments. Overall, it’s a rewarding environment with a strong future outlook.
There’s a lot of attention to detail, and people care about doing things right. It's a great place to build a rewarding career in financial services with a future-focused mindset. A great place to launch or grow your career. Flexible arrangements are possible, and there's a genuine understanding of personal commitments outside of work hours. Recognized for hard work regularly.
Data protection training is thorough. Ramp-up periods are realistic. Training is frequent, feedback is constructive, and growth opportunities are plentiful. Despite its size, the firm maintains a people-first approach, ensuring workloads are manageable.

Is Colonial Virginia Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Colonial Virginia Bank’s compensation stack up against the market? This analysis visualizes their average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
Colonial Virginia Bank
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Industry Comparison
Our data shows that, on average, compensation at Colonial Virginia Bank is below the average for the U.S. Financial Services industry by approximately 34%. This positioning suggests their pay is below the market average within their sector.
See Your True Competitors
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What Is the Cost of Living Near Newport News?

Understanding the cost of living near Newport News is key to truly evaluating a salary offer or your current compensation at Colonial Virginia Bank.
Newport News' Cost of Living Index is approximately 89.8 (10.2% less expensive than US average; 13.7% less than VA average). Hampton Roads city, shipbuilding, affordable. HRT bus. When planning your budget based on a salary from Colonial Virginia Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $950 - $1,400+ A significant portion of Colonial Virginia Bank salary. Location choices impact this heavily.
Utilities (Basic) $140 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (HRT monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $570 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $670+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,240 - $3,510+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Colonial Virginia Bank

FAQ 1: What is the typical salary range (low to high) for most roles at Colonial Virginia Bank?
The typical annual salary range for most roles at Colonial Virginia Bank is approximately from $70,383 to $91,109. 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.
FAQ 2: Do salaries differ significantly between departments at Colonial Virginia Bank?
Yes, salaries often differ between departments at Colonial Virginia 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.
FAQ 3: How can I determine if a salary offer from Colonial Virginia Bank in Newport News is fair given the local cost of living?
To determine if a salary offer from Colonial Virginia Bank in Newport News is fair, first compare the gross salary to our data for similar roles at Colonial Virginia Bank and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Newport News" to understand its purchasing power.
FAQ 4: Why might an individual's actual salary at Colonial Virginia Bank differ from the ranges shown here?
An individual's actual salary at Colonial Virginia Bank can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.