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Compass Bank for Savings Salary

Compass Bank for Savings Salary

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As of October 2026, the average annual salary for employees at Compass Bank for Savings in the United States is $113,454. This translates to an approximate hourly wage of $55. Salaries at Compass Bank for Savings typically range from $99,397 to $128,804 annually, reflecting the diverse roles and experience levels within the company.
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Is Compass Bank for Savings’s Pay Competitive? Salary Benchmarking Analysis

How does Compass Bank for Savings'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
Bank of the Sierra Ag $113,887
+0.4%
Confirms Bank of the Sierra Ag is a direct competitor vying for the exact same talent pool.
Park Sterling Corp $103,898
-8.4%
Typical compensation structure for smaller regional agencies like Park Sterling Corp.
Bank Mutual $106,725
-5.9%
Bank Mutual likely leverages performance bonuses over the high base salary shown here.
MidWestOne Financial Group Inc $108,064
-4.8%
MidWestOne Financial Group Inc focuses strategically on recruiting and training entry-level apprentices.
Financial Services Industry $121,514
+7.1%
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 Compass Bank for Savings's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Compass Bank for Savings

Considering a career at Compass Bank for Savings? 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.
Leaders support employee development through learning programs and mentorship. Team-oriented environment with supportive management. Career advancement opportunities are present but may require patience and consistent performance. Training programs are frequent and relevant, helping staff stay ahead in a fast-changing financial landscape.
Commented in April 24, 2025
11
3
Compensation and benefits are industry-leading, including profit-sharing and flexible work arrangements. Ongoing training and development programs empower staff to grow their skills continuously. The company invests heavily in employee development, offering extensive training programs and mentorship opportunities. Our team functions with mutual respect and shared goals. Promotions take time and pa...
Commented in October 19, 2024
47
0
It’s rare to find a company that combines professional rigor with such a supportive environment. I greatly appreciateIn a rapidly evolving industry, they actively invest in cutting-edge platforms, data analytics, and AI to enhance client services and operational efficiency. Financial companies can be rigid, but this one balances structure with creativity. Meeting culture is efficient and purposefu...
Commented in June 09, 2024
50
2
Training is available but may be generic and infrequent. Some internal processes feel bureaucratic and often. Collaboration across teams fosters knowledge sharing and professional development. It’s a stable, rewarding environment with a positive long-term outlook. What sets this financial company apart is its unwavering focus on client success.
Commented in March 27, 2024
40
3

Compass Bank for Savings Overview

Website
Data pending, update soon.
Founded In
1994
Employees
500 - 1,000 employees
Industry
Financial Services
Headquarter Address
1 Sovereign Pl New Bedford Massachusetts MA 02740
Revenue
$50 Million - $200 Million
Phone Number
+1 5089972391
Social Media
About Compass Bank for Savings
Compass Bank for Savings is a company that operates in the Financial Services industry. It employs 501-1,000 people and has $50M-$100M of revenue. The company is headquartered in New Bedford, Massachusetts.

What Benefits Does Compass Bank for Savings Offer Beyond Salary?

A competitive compensation package is more than just a salary. Compass Bank for Savings 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 New Bedford?

Understanding the cost of living near New Bedford is key to truly evaluating a salary offer or your current compensation at Compass Bank for Savings.
New Bedford's Cost of Living Index is approximately 103.2 (3.2% more expensive than US average; 22.2% less than MA average). South Coast historic whaling city, more affordable housing. SRTA bus, Commuter Rail (future). When planning your budget based on a salary from Compass Bank for Savings, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,200 - $1,700+ A significant portion of Compass Bank for Savings salary. Location choices impact this heavily.
Utilities (Basic) $190 - $300 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (SRTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,600 - $4,000+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Compass Bank for Savings

1. How much does a Compass Bank for Savings employee make?

Compass Bank for Savings pays its employees an average of $113,454 per year. The average salary at Compass Bank for Savings range from $99,397 to $128,804 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. Which similar company tend to pay more or less than Compass Bank for Savings?

The salary at Compass Bank for Savings is lesser than the similar company. The average annual salary at Compass Bank for Savings is $113,454, or an hourly wage of $55, in comparison to Bank of the Sierra Ag which pays $113,887 per year or $55 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Compass Bank for Savings?

In many roles at Compass Bank for Savings, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

4. How does the cost of living near New Bedford affect the perceived value of a Compass Bank for Savings salary?

New Bedford's Cost of Living Index is approximately 103.2 (3.2% more expensive than US average; 22.2% less than MA average). This significantly impacts the purchasing power of a salary from Compass Bank for Savings based there. Our "Cost of Living Insights for New Bedford" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Compass Bank for Savings typically offer employees?

Compass Bank for Savings generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Compass Bank for Savings" section on this page.

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