CorTrust Bank Salary

As of April 2026, the average annual salary for employees at CorTrust Bank in the United States is $86,968. This translates to an approximate hourly wage of $42. Salaries at CorTrust Bank typically range from $76,231 to $98,661 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at CorTrust Bank

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Is CorTrust Bank’s Pay Competitive? Salary Benchmarking Analysis

How does CorTrust 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
Royal Bank America $105,754
+21.6%
Influenced by prevailing union wage agreements specific to Royal Bank America's sector.
Bank of Nova Scotia $104,752
+20.4%
Reflects a supply-demand imbalance for the specific talent Bank of Nova Scotia targets.
Haymaker Holding Company LLC $80,618
-7.3%
Reflects market rates for standard general contracting, differing from specialized roles.
Hoosier Heartland State Bank Success Center $105,290
+21.1%
Data suggests Hoosier Heartland State Bank Success Center's workforce skews heavily towards veteran, high-tenure roles.
Financial Services Industry $121,514
+39.7%
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 CorTrust Bank

Considering a career at CorTrust 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.
There’s little to disrupt the daily grind. Compensation is generous, with performance-based incentives that recognize hard work. Job roles are clearly defined, but cross-training is rare. The company invests heavily in employee development through mentorship programs, sponsored certifications, and leadership training.
Policies are clear, but some processes feel bureaucratic. The company supports ethical practices but doesn’t always recognize individual achievements. Communication is professional but sometimes bureaucratic, limiting agility. I appreciate the focus on continuous improvement. Recognition programs ensure outstanding work is noticed and rewarded, from spot bonuses to annual awards. Work-life balance...
Meeting culture is productive and respectful. Competitive salary and benefits package. Even with employees, there’s a strong sense of alignment, and executives are approachable and communicative. Benefits cover basic needs but aren’t particularly generous compared to industry leaders.
Knowing that we are all striving for excellence makes the team cohesive and focused. This is a forward-thinking firm with great leadership. I appreciate the team’s drive and professionalism. The technology and tools provided are up-to-date. Leadership is professional but sometimes delay to act.

CorTrust Bank Overview

Website
www.cortrustbank.com
Founded In
1930
Employees
100 - 200 employees
Industry
Financial Services
Headquarter Address
100 E Havens Ave Mitchell South Dakota SD 57301
Revenue
$10 Million - $50 Million
Phone Number
+1 6059967775
Social Media
About CorTrust Bank
CorTrust Bank operates as a banking corporation. CorTrust provides the financial solutions you need to get the most out of every day and every dollar. From the convenience of our 25 regional locations and online banking to mortgages, wealth management and insurance, you can rest assured youll always receive a higher level of personal service and expert advice.

What Benefits Does CorTrust Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. CorTrust 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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What Is the Cost of Living Near Sioux Falls?

Understanding the cost of living near Sioux Falls is key to truly evaluating a salary offer or your current compensation at CorTrust Bank.
Sioux Falls' Cost of Living Index is approximately 90.5 (9.5% less expensive than US average; 3.0% less than SD average). Largest SD city, financial/healthcare hub, affordable housing. SAM bus. When planning your budget based on a salary from CorTrust Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $900 - $1,400+ A significant portion of CorTrust Bank salary. Location choices impact this heavily.
Utilities (Basic) $110 - $200 Electricity, Heating, Cooling, Water etc.
Public Transportation $30 (SAM 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 $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $680+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,150 - $3,500+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of CorTrust Bank

1. How much does a CorTrust Bank employee make?

CorTrust Bank pays its employees an average of $86,968 per year. The average salary at CorTrust Bank range from $76,231 to $98,661 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 CorTrust Bank?

The salary at CorTrust Bank is lesser than the similar company. The average annual salary at CorTrust Bank is $86,968, or an hourly wage of $42, in comparison to Royal Bank America which pays $105,754 per year or $51 per hour.

3. How much does a President typically earn at CorTrust Bank?

A President at CorTrust Bank typically earns an average annual base salary of around $673,211, with a general range of $513,419 to $851,214.

4. Do employees with advanced degrees (Master's, PhD) earn more at CorTrust Bank?

In many roles at CorTrust Bank, 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.

5. How does the cost of living near Sioux Falls affect the perceived value of a CorTrust Bank salary?

Sioux Falls' Cost of Living Index is approximately 90.5 (9.5% less expensive than US average; 3.0% less than SD average). This significantly impacts the purchasing power of a salary from CorTrust Bank based there. Our "Cost of Living Insights for Sioux Falls" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does CorTrust Bank typically offer employees?

CorTrust Bank 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 CorTrust Bank" section on this page.