Ernest Banks LLC Salary

As of August 2026, the average annual salary for employees at Ernest Banks LLC in the United States is $108,054. This translates to an approximate hourly wage of $52. Salaries at Ernest Banks LLC typically range from $94,723 to $122,561 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Ernest Banks LLC

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Is Ernest Banks LLC’s Pay Competitive? Salary Benchmarking Analysis

How does Ernest Banks LLC'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
Tuesday Phone Bank $107,800
-0.2%
Confirms Tuesday Phone Bank is a direct competitor vying for the exact same talent pool.
Provident Bank Branches Wilkens Plaza $97,189
-10.1%
Provident Bank Branches Wilkens Plaza focuses strategically on recruiting and training entry-level apprentices.
Equitable Bank $98,381
-9.0%
Normalized for lower cost-of-living zones where Equitable Bank primarily operates.
Mbrs Financial Bank $96,715
-10.5%
Mbrs Financial Bank may offer non-monetary perks in lieu of competitive base salaries.
Financial Services Industry $121,514
+12.5%
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 Ernest Banks LLC

Considering a career at Ernest Banks LLC? 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.
I’ve grown a lot here and feel that leadership truly invests in people. Senior leaders are approachable, and the HR policies reflect a modern approach to work-life balance and development. Leadership is professional but often distant from frontline employees. Since joining, I've been impressed with the company’s structure and support systems.
While compensation is fair, the work environment can suit those seeking rapid career progression or dynamic innovation. I’ve had a great experience learning new systems and taking on responsibility. Working here means being part of an innovative and forward-thinking company. Comprehensive benefits include health insurance, wellness initiatives, and retirement plans.
The company is financially sound with well-defined roles. This company excels at creating a learning environment. I'm constantly learning new things and developing my skills in the financial services sector. There’s a focus on doing things the traditional way. Ideas are welcomed, and you can really make an impact on processes. Opportunities for internal mobility allow employees to explore differen...
Leaders explain the why behind shifts. Well-organized and process-driven. Processes are efficient, though rigid. The work environment is collaborative, with strong support from management and peers.
The company’s reputation in financial services is well-earned, and I’m excited to contribute to its future. Recognition programs motivate and reward employee achievements. Governance practices are best-in-class.

Ernest Banks LLC Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
Financial Services
Headquarter Address
PO Box 13932 Silver Spring Maryland MD 20911
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About Ernest Banks LLC
Ernest Banks LLC 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 Silver Spring, Maryland.

What Benefits Does Ernest Banks LLC Offer Beyond Salary?

A competitive compensation package is more than just a salary. Ernest Banks LLC 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 Silver Spring?

Understanding the cost of living near Silver Spring is key to truly evaluating a salary offer or your current compensation at Ernest Banks LLC.
Silver Spring's Cost of Living Index is approximately 128.7 (28.7% more expensive than US average; 13.9% more than MD average). Inner Montgomery County suburb bordering DC, high housing costs, vibrant downtown. Ride On bus, Metro Red Line. When planning your budget based on a salary from Ernest Banks LLC, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,800 - $2,700+ A significant portion of Ernest Banks LLC salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $45 (Ride On pass, Metro extra) 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 $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $410 - $760+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,315 - $5,195+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Ernest Banks LLC

1. What is the typical salary range (low to high) for most roles at Ernest Banks LLC?

The typical annual salary range for most roles at Ernest Banks LLC is approximately from $94,723 to $122,561. 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 Ernest Banks LLC pay compared to Tuesday Phone Bank?

The average annual salary at Ernest Banks LLC is $108,054, or an hourly wage of $52, in comparison to Tuesday Phone Bank which pays $107,800 per year or $52 per hour.

3. How does experience level affect salary at Ernest Banks LLC?

Experience level is a significant factor in determining salary at Ernest Banks LLC, 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.

4. How can I determine if a salary offer from Ernest Banks LLC in Silver Spring is fair given the local cost of living?

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

5. Are the salaries listed for Ernest Banks LLC on Salary.com pre-tax or after-tax?

All salary figures displayed for Ernest Banks LLC, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.