Dominion Bank Salary

Dominion Bank Salary

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As of August 2026, the average annual salary for employees at Dominion Bank in the United States is $89,415. This translates to an approximate hourly wage of $43. Salaries at Dominion Bank typically range from $78,422 to $101,319 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Dominion Bank

Ready for your next career move? Explore current job openings at Dominion Bank. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Dominion Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Dominion 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
Eden Hall Foundation $88,793
-0.7%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Capitan Holdings LLC $92,854
+3.8%
Adjusted for higher cost-of-living indices in Capitan Holdings LLC's primary metro hubs.
Bridge City Bank $85,207
-4.7%
Reflects market rates for standard general contracting, differing from specialized roles.
The Sherwood State Bank $84,658
-5.3%
The Sherwood State Bank operates with a leaner overhead structure, impacting base wage offers.
Financial Services Industry $121,514
+35.9%
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.

How Dominion Bank's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Dominion Bank

Considering a career at Dominion 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 a focus on process adherence rather than innovation. Strong teamwork and open communication across departments. Leadership listens and responds quickly. Everyone feels welcome and valued for their unique perspectives and contributions.
Commented in May 14, 2025
41
3
Workloads are balanced thoughtfully, preventing burnout common in financial services. With employees across various specialties, knowledge sharing happens organically. From team-building to consistent communication, they truly care about culture. Agendas are distributed in advance. Management invests in employee development programs.
Commented in February 05, 2025
27
2
Great foundation for any finance career. The organization offers clear growth tracks and continuous investment in training and development. Large enough for stability but enough to matter. The firm’s size means access to global opportunities and top-tier clients. Collaboration is present and it is somehow encouraged beyond necessity. Communication is consistent, though mostly top-down. A routine-d...
Commented in June 28, 2024
48
0

Dominion Bank Overview

Website
www.dominionbanking.com
Founded In
2010
Employees
<25 employees
Industry
Financial Services
Headquarter Address
17304 Preston Rd Dallas Texas TX 75252
Revenue
$5 Million - $10 Million
Phone Number
+1 8004723272
Social Media
About Dominion Bank
Dominion Bank was founded on the premise that a superior team of seasoned bankers can out-perform the competition. CEO Thomas J. Mastor, CFO R. Michael Russell, Dallas President Stephanie Velasquez, Chief Lending Officer Paul Voorhies and Chief Risk Officer Derek Norton, along with their proven team of bankers, formed Dominion Bank with an initial capitalization of over $50 million raised from loc

What Benefits Does Dominion Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. Dominion 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 Dallas?

Understanding the cost of living near Dallas is key to truly evaluating a salary offer or your current compensation at Dominion Bank.
Dallas' Cost of Living Index is approximately 101.6 (1.6% more expensive than US average; 9.2% more than TX average). Major city, corporate hub, housing costs above US avg in desirable areas. DART bus/rail. When planning your budget based on a salary from Dominion Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,300 - $2,000+ A significant portion of Dominion Bank salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $96 (DART monthly regional pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $410 - $600 Can be higher with more dining out or specialty stores.
Personal & Leisure $430 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,776 - $4,376+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Dominion Bank

1. How much does a Dominion Bank employee make?

Dominion Bank pays its employees an average of $89,415 per year. The average salary at Dominion Bank range from $78,422 to $101,319 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 Dominion Bank?

The salary at Dominion Bank is higher than the similar company. The average annual salary at Dominion Bank is $89,415, or an hourly wage of $43, in comparison to Eden Hall Foundation which pays $88,793 per year or $43 per hour.

3. How much does an Executive Vice President typically earn at Dominion Bank?

An Executive Vice President at Dominion Bank typically earns an average annual base salary of around $263,377, with a general range of $217,377 to $316,685.

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

In many roles at Dominion 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 Dallas affect the perceived value of a Dominion Bank salary?

Dallas' Cost of Living Index is approximately 101.6 (1.6% more expensive than US average; 9.2% more than TX average). This significantly impacts the purchasing power of a salary from Dominion Bank based there. Our "Cost of Living Insights for Dallas" module details this impact, helping you assess the 'real feel' value of your compensation.

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

Dominion 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 Dominion Bank" section on this page.

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