Ergo Bank Salary

As of October 2026, the average annual salary for employees at Ergo Bank in the United States is $87,316. This translates to an approximate hourly wage of $42. Salaries at Ergo Bank typically range from $76,589 to $98,941 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Ergo Bank Pay for Different Roles?

Explore detailed salary information for specific jobs at Ergo Bank. Based on our data, the highest paying job is the President & Chief Executive Officer, with an annual salary of $675,905. The table below outlines the annual salary ranges for most popular roles within the company.
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Is Ergo Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Ergo 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
National Cash $98,434
+12.7%
Reflects a supply-demand imbalance for the specific talent National Cash targets.
First National Bank of Le Center $93,360
+6.9%
Adjusted for higher cost-of-living indices in First National Bank of Le Center's primary metro hubs.
The Perreault Birmingham Group LLC $112,072
+28.4%
Influenced by prevailing union wage agreements specific to The Perreault Birmingham Group LLC's sector.
Cjm Holdings I LLC $89,436
+2.4%
Indicates identical technical requirements and experience levels between the two firms.
Financial Services Industry $121,514
+39.2%
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 Ergo Bank

Considering a career at Ergo 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.
The benefits are attractive, offering healthcare, wellness, and retirement options. The environment is inclusive and diverse, which enriches teamwork and innovation. Working here has been rewarding due to strong support and frequent recognition. I’ve been able to advance my skills and take on new challenges thanks to their supportive environment. It's a place where ambitious individuals can truly ...
There’s recognition for hard work and space to innovate. It demonstrates a true investment in developing talent from within the company, which is greatly appreciated by all employees. Tasks are repetitive but predictable. Training programs and career advancement opportunities are plentiful, allowing employees to grow their skills. Management recognizes and rewards effort.
Growth opportunities are everywhere. My input is valued, and the team’s synergy is impressive. Processes could benefit from periodic reevaluation and simplification. Charitable matching amplifies personal donations. Social connections develop beyond work tasks. Administrative support is exceptional.

Ergo Bank Overview

Website
www.ergobank.com
Founded In
1910
Employees
<25 employees
Industry
Financial Services
Headquarter Address
86 E Water St Markesan Wisconsin WI 53946
Revenue
<$5 Million
Phone Number
+1 9203982336
Social Media
About Ergo Bank
Ergo Bank, headquartered in Markesan, Wisconsin, and established in 1910, is a bank offering financial products and services, including checking and savings accounts, debit and credit cards, and lending solutions.

What Benefits Does Ergo Bank Offer Beyond Salary?

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

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What Is the Cost of Living Near Madison?

Understanding the cost of living near Madison is key to truly evaluating a salary offer or your current compensation at Ergo Bank.
Madison's Cost of Living Index is approximately 100.8 (0.8% more expensive than US average; 6.3% more than WI average). State capital (Univ. of WI), desirable, housing costs near US avg. Metro Transit. When planning your budget based on a salary from Ergo Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,200 - $1,700+ A significant portion of Ergo Bank salary. Location choices impact this heavily.
Utilities (Basic) $120 - $210 Electricity, Heating, Cooling, Water etc.
Public Transportation $65 (Metro monthly pass, free for UW) 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 $400 - $730+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,575 - $3,945+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Ergo Bank

1. What is the typical salary range (low to high) for most roles at Ergo Bank?

The typical annual salary range for most roles at Ergo Bank is approximately from $76,589 to $98,941. 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. How much does Ergo Bank pay compared to National Cash?

The average annual salary at Ergo Bank is $87,316, or an hourly wage of $42, in comparison to National Cash which pays $98,434 per year or $47 per hour.

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

Yes, salaries often differ between departments at Ergo 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. How does experience level affect salary at Ergo Bank?

Experience level is a significant factor in determining salary at Ergo Bank, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

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

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

6. Why might an individual's actual salary at Ergo Bank differ from the ranges shown here?

An individual's actual salary at Ergo Bank can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.