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Federated Bank Salary

Federated Bank Salary

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As of September 2026, the average annual salary for employees at Federated Bank in the United States is $78,653. This translates to an approximate hourly wage of $38. Salaries at Federated Bank typically range from $68,973 to $89,274 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Federated Bank Pay for Different Roles?

Explore detailed salary information for specific jobs at Federated 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 Federated Bank.
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About Federated Bank: Company Profile

Website
www.federatedbank.com
Founded In
1919
Employees
25 - 50 employees
Industry
Financial Services
Headquarter Location
ONARGA
Revenue
$5 Million - $10 Million
Phone Number
-
Social Media
About FEDERATED BANK
Meeting the Banking Needs of Our Customers Since 1918. Over that time period, some of the largest names in the financial industry have closed their doors. Yet Federated Bank has remained a viable community partner where families and business owners could find safe, secure credit and reliable banking services. Proven Sustainability with the Newest Capabilities While we may be over 100 years old,

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Federated Bank's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
Benefits, including health coverage and bonuses, are among the best in the industry. While the company offers job security and a clear structure, it can suit individuals seeking a fast-paced or highly innovative environment. Teams work seamlessly across departments to solve complex problems. Sick time can be used for mental health.
Commented in March 08, 2025
29
1
You’ll get clear instructions and defined tasks, but social interaction and collaboration are minimal unless required by the job. Matching gift programs amplify our personal donations. Even when things get busy, there’s support and a positive attitude.
Commented in October 22, 2024
30
0
This approach minimizes disruption and anxiety. Opportunities for internal mobility allow employees to explore different roles. Despite its size, the firm maintains a people-first approach, ensuring workloads are manageable. Despite its large size, teams work seamlessly across different divisions and geographical locations. This is a suitable environment for those who prefer stability and clear st...
Commented in May 20, 2024
10
3
The company encourages transparency, and collaboration is strong. This firm stands out for its employee-centric. Our differences are celebrated as strengths that drive innovation.
Commented in March 09, 2024
44
2

How Federated Bank's Salaries Compare to Similar Companies?

The data below provides a snapshot of what comparable firms are paying, offering crucial context for evaluating Federated Bank’s pay competitiveness. Click on a company for a deeper dive.

Is Federated Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Federated 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
FIDELITYTOPEKA $77,383
-1.6%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
FIRST LA GRANGE BANCSHARES, INC $81,545
+3.7%
Adjusted for higher cost-of-living indices in FIRST LA GRANGE BANCSHARES, INC's primary metro hubs.
FNBT.COM BANK $75,099
-4.5%
Typical compensation structure for smaller regional agencies like FNBT.COM BANK.
FIRST FARMERS STATE BANK $80,098
+1.8%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Financial Services Industry $121,514
+54.5%
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.

What Is the Cost of Living Near Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Federated Bank.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Federated Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Federated Bank salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Federated Bank

FAQ 1: What is the estimated average total compensation at Federated Bank?
Salary.com estimates that the average total compensation package at Federated Bank, which can include base salary, potential bonuses, and benefits, is around $78,653 annually . Total compensation provides a more holistic view of an employee's earnings.
FAQ 2: How much does Federated Bank pay compared to FIDELITYTOPEKA?
The average annual salary at Federated Bank is $78,653, or an hourly wage of $38, in comparison to FIDELITYTOPEKA which pays $77,382 per year or $37 per hour.
FAQ 3: What's the typical salary progression for an employee moving from an entry-level to a senior role at Federated Bank?
Salary progression from an entry-level to a senior role at Federated Bank can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.
FAQ 4: How can I determine if a salary offer from Federated Bank in Chicago is fair given the local cost of living?
To determine if a salary offer from Federated Bank in Chicago is fair, first compare the gross salary to our data for similar roles at Federated Bank and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Chicago" to understand its purchasing power.
FAQ 5: Are promotions at Federated Bank usually accompanied by a significant salary increase?
Yes, promotions at Federated Bank are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.

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