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Elm Bank Salary

Elm Bank Salary

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As of September 2026, the average annual salary for employees at Elm Bank in the United States is $103,096. This translates to an approximate hourly wage of $50. Salaries at Elm Bank typically range from $90,371 to $116,927 annually, reflecting the diverse roles and experience levels within the company.
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Is Elm Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Elm 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
Falmouth Bank $100,449
-2.6%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Left Bank $107,199
+4.0%
Reflects a supply-demand imbalance for the specific talent Left Bank targets.
Falmouth Bank $101,092
-1.9%
Confirms Falmouth Bank is a direct competitor vying for the exact same talent pool.
Falmouth Bank $103,613
+0.5%
Indicates identical technical requirements and experience levels between the two firms.
Financial Services Industry $121,514
+17.9%
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 Elm Bank's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Elm Bank

Considering a career at Elm 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.
Doing good while doing well is truly embodied here. Clear documentation and training make ramp-up manageable. Overall, it suits those who prefer predictability and stability. The emphasis on a client-centric approach is deeply ingrained in our operations.
Commented in May 15, 2025
30
2
Working here offers a great balance of challenge and support. Coworkers are sharp, driven, and always willing to help. Goals are achievable, and coworkers are respectful. This financial institution provides employees with best-in-class technology resources.
Commented in April 11, 2025
11
2
The company attracts and retains top talent. Training is available but may be generic and infrequent. There are clear paths for advancement, supported by ongoing professional development. There’s a consistent commitment to client service, employee development, and operational excellence. Communication varies across different teams. Overall, it’s a motivating and stable employer. I'm excited about ...
Commented in July 24, 2024
17
2
Quality matters more than rigid policies. Fast-paced environment with challenging, meaningful projects. It's the perfect balance of tradition and progress.
Commented in February 24, 2024
41
2

Elm Bank Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
Financial Services
Headquarter Address
180 Hemenway Rd Framingham Massachusetts MA 01701
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About Elm Bank
Elm Bank is a company that operates in the Financial Services industry. It employs 51-100 people and has $25M-$50M of revenue. The company is headquartered in Framingham, Massachusetts.

What Benefits Does Elm Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. Elm 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 Framingham?

Understanding the cost of living near Framingham is key to truly evaluating a salary offer or your current compensation at Elm Bank.
Framingham's Cost of Living Index is approximately 125.7 (25.7% more expensive than US average; 5.2% less than MA average). MetroWest hub, housing costs above US avg. MWRTA bus, Commuter Rail. When planning your budget based on a salary from Elm Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,800 - $2,600+ A significant portion of Elm Bank salary. Location choices impact this heavily.
Utilities (Basic) $180 - $290 Electricity, Heating, Cooling, Water etc.
Public Transportation $50 (MWRTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $460 - $680 Can be higher with more dining out or specialty stores.
Personal & Leisure $430 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $410 - $760+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,330 - $5,080+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Elm Bank

1. What is the average salary for employees at Elm Bank?

The average annual total compensation for employees at Elm Bank is approximately $103,096. However, this is an aggregate figure, actual salaries can range significantly, typically from $90,371 to $116,927, depending on factors like job role, experience, and location.

2. How much does Elm Bank pay compared to Falmouth Bank?

The average annual salary at Elm Bank is $103,096, or an hourly wage of $50, in comparison to Falmouth Bank which pays $100,449 per year or $48 per hour.

3. How does having a professional certification impact salary for relevant roles at Elm Bank?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Elm Bank for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does Elm Bank offer cost-of-living adjustments (COLA) for employees in high-cost areas like Framingham?

While some companies offer formal COLA, many, including potentially Elm 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.

5. What's the typical process for salary reviews and raises at Elm Bank?

Most companies, likely including Elm 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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