Concorde Bank Salary

As of September 2026, the average annual salary for employees at Concorde Bank in the United States is $83,835. This translates to an approximate hourly wage of $40. Salaries at Concorde Bank typically range from $73,537 to $95,003 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Concorde Bank Pay for Different Roles?

Explore detailed salary information for specific jobs at Concorde Bank. Based on our data, the highest paying job is the President, with an annual salary of $648,960. The table below outlines the annual salary ranges for most popular roles within the company.
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Is Concorde Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Concorde 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
Merchant ReFi $107,990
+28.8%
Influenced by prevailing union wage agreements specific to Merchant ReFi's sector.
Shrewsbury Federal Credit Union $92,295
+10.1%
Data suggests Shrewsbury Federal Credit Union's workforce skews heavily towards veteran, high-tenure roles.
Balanced Bridge Funding LLC $94,278
+12.5%
Driven by niche technical certifications required for Balanced Bridge Funding LLC's specialized projects.
Northwestern Home Loans $86,409
+3.1%
Adjusted for higher cost-of-living indices in Northwestern Home Loans's primary metro hubs.
Financial Services Industry $121,514
+44.9%
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 Concorde Bank

Considering a career at Concorde 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.
For anyone looking to grow in finance, this company provides the tools and opportunities to succeed. Employees are competent, but communication can be overly formal. That transparency helps me feel included in broader company goals. Cross-department collaboration is common, fostering a team-oriented environment.
Performance reviews are regular but somewhat generic. There's a strong focus on innovation and ethical practices. On-site flu shots save time. The company's strong performance, even in challenging markets, speaks to leadership's effectiveness. They prioritize ethical practices and employee well-being.
Our team dynamic is fantastic; there's a genuine sense of camaraderie and mutual respect that makes collaborating on complex financial solutions enjoyable and effective. Colleagues share knowledge freely, creating a culture of transparency and teamwork. Most days are predictable, which some may find calming and others uninspiring. I genuinely appreciate the investment in continuous learning and pr...

Concorde Bank Overview

Website
www.concordebanks.com
Founded In
1910
Employees
<25 employees
Industry
Financial Services
Headquarter Address
16 Main St SW Blomkest Minnesota MN 56216
Revenue
<$5 Million
Phone Number
+1 3209956111
Social Media
About Concorde Bank
Concorde Bank is committed to providing quality financial services to our present and future customers. It is our mission to maintain a sound institution of high integrity, with friendly professional staff, that is responsive to the changing needs of the community.

What Benefits Does Concorde Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. Concorde 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)
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How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

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What Is the Cost of Living Near Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Concorde Bank.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Concorde Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Concorde Bank salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit 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 $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Concorde Bank

1. What is the estimated average total compensation at Concorde Bank?

Salary.com estimates that the average total compensation package at Concorde Bank, which can include base salary, potential bonuses, and benefits, is around $83,835 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Concorde Bank pay compared to Merchant ReFi?

The average annual salary at Concorde Bank is $83,835, or an hourly wage of $40, in comparison to Merchant ReFi which pays $107,990 per year or $52 per hour.

3. Do salaries differ significantly between departments at Concorde Bank?

Yes, salaries often differ between departments at Concorde 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. What's the typical salary progression for an employee moving from an entry-level to a senior role at Concorde Bank?

Salary progression from an entry-level to a senior role at Concorde Bank can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

5. How can I determine if a salary offer from Concorde Bank in Minneapolis is fair given the local cost of living?

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

6. Are promotions at Concorde Bank usually accompanied by a significant salary increase?

Yes, promotions at Concorde Bank are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.