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Deerwood Bank Salary

Deerwood Bank Salary

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As of August 2026, the average annual salary for employees at Deerwood Bank in the United States is $81,700. This translates to an approximate hourly wage of $39. Salaries at Deerwood Bank typically range from $71,641 to $92,741 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Deerwood Bank Pay for Different Roles?

Explore detailed salary information for specific jobs at Deerwood 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.

Digital Services Specialist

$34,932 / year

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

Security Services

Contact Center Agent

$86,351 / year

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

Sales

Fraud and Security Specialist

$91,520 / year

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

Security Services

Digital Support Agent

$69,758 / year

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

Construction

Business Anaylst

$136,585 / year

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

Library

Digital Banking Agent

$69,758 / year

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

Construction

Turn Insight into Opportunity: Current Job Openings

Ready for your next career move? Explore current job openings at Deerwood Bank.
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About Deerwood Bank: Company Profile

Website
www.deerwoodbank.com
Founded In
1999
Employees
100 - 200 employees
Industry
Financial Services
Headquarter Location
CUYUNA
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 Deerwood Bank's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
The interactions are courteous but brief, and the focus is mainly on execution rather than discussion or collaboration. Diverse teams and inclusive environment. The leadership team is experienced, though not always accessible. Fertility benefits show understanding of modern needs. Personal days accommodate unexpected needs.
Commented in April 05, 2025
39
0
IT troubleshooting is prompt. The rationale behind changes is always explained. Career progression is possible but usually requires long tenure.
Commented in October 31, 2024
29
0
Compliance training is thorough but engaging. It's a place where ambitious individuals can truly thrive and build impactful careers. Leadership invests in employee potential through mentorship and career-path programs. Natural light floods the workspace. Ethical values guide daily operations.
Commented in October 26, 2024
23
3
Overall, it’s a motivating and stable employer. Schedules are predictable, and responsibilities are well-structured. Training programs are provided but can be generic and infrequent. Cross-department collaboration is limited, and training programs vary by team. Flexible work arrangements help maintain a healthy work-life balance. Trial periods allow testing new roles.
Commented in June 29, 2024
14
2
Management is formal and reserved. Work is divided evenly, but there’s little flexibility in how tasks are completed. Team collaboration across departments is seamless, making complex projects enjoyable to tackle. I’m constantly learning and proud to be part of such a trusted institution. Low turnover speaks volumes about satisfaction levels.
Commented in February 10, 2024
47
1

Is Deerwood Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Deerwood 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)
Deerwood Bank
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Industry Comparison
Our data shows that, on average, compensation at Deerwood Bank is below the average for the U.S. Financial Services industry by approximately 33%. This positioning suggests their pay is below the market average within their sector.
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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 Deerwood 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 Deerwood 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 Deerwood 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.

Most Common Questions About Deerwood Bank

FAQ 1: What is the average salary for employees at Deerwood Bank?
The average annual total compensation for employees at Deerwood Bank is approximately $81,700. However, this is an aggregate figure, actual salaries can range significantly, typically from $71,641 to $92,741, depending on factors like job role, experience, and location.
FAQ 2: What is the lowest salary at Deerwood Bank?
The lowest-paying job at Deerwood Bank is with a salary of per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.
FAQ 3: Does Deerwood Bank offer cost-of-living adjustments (COLA) for employees in high-cost areas like Minneapolis?
While some companies offer formal COLA, many, including potentially Deerwood Bank, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.
FAQ 4: What's the typical process for salary reviews and raises at Deerwood Bank?
Most companies, likely including Deerwood Bank, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.

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