First PREMIER Bank Salary

As of May 2026, the average annual salary for employees at First PREMIER Bank in the United States is $84,173. This translates to an approximate hourly wage of $40. Salaries at First PREMIER Bank typically range from $73,794 to $95,454 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at First PREMIER Bank

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Is First PREMIER Bank’s Pay Competitive? Salary Benchmarking Analysis

How does First PREMIER 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
Trshc Holdings LLC $88,223
+4.8%
Influenced by prevailing union wage agreements specific to Trshc Holdings LLC's sector.
Centura Toronto $83,909
-0.3%
Indicates identical technical requirements and experience levels between the two firms.
5B Investments Inc $81,452
-3.2%
Typical compensation structure for smaller regional agencies like 5B Investments Inc.
xmlVillas on Fir Holdings LLC $88,920
+5.6%
Supported by xmlVillas on Fir Holdings LLC's high-margin contracts allowing higher overhead.
Financial Services Industry $121,514
+44.4%
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 First PREMIER Bank

Considering a career at First PREMIER 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 firm offers good job security and structured roles but limited flexibility. Workload is fair and deadlines are usually reasonable. This firm stands out for its employee-centric. Processes are well defined but can hinder flexibility and innovation.
Coworkers are sharp, driven, and always willing to help. It’s a solid place for those valuing routine over fast-paced or innovative work environments. Fertility benefits show understanding of modern needs. Natural light floods the workspace. Coworkers collaborate well and share knowledge. Flexible scheduling and remote work options demonstrate trust in employees' professionalism. Great mentorship ...
The company balances innovation and risk with care, which I greatly respect. Communication across departments is inconsistent. Employees seeking stability and a clear framework will find this workplace suitable, but it can appeal to those wanting a fast-moving, entrepreneurial atmosphere. Some departments feel isolated.
Work-life balance varies by team and manager support. Great company culture that fosters openness and honesty. Tasks are repetitive but manageable. Competitive compensation and strong career growth.
The culture favors maintaining existing processes over innovation. There’s clear communication, opportunities for internal advancement, and strong mentorship programs. Strong focus on client satisfaction and success. It's a dynamic place to grow professionally in the financial services sector. Projects are interesting and relevant.

First PREMIER Bank Overview

Website
www.premiercreditcard.com
Founded In
1929
Employees
50 - 100 employees
Industry
Financial Services
Headquarter Address
3820 N Louise Ave Sioux Falls South Dakota SD 57107
Revenue
$5 Million - $10 Million
Phone Number
-
Social Media
About First PREMIER Bank
We are one of the top 20 issuers of Mastercard® credit cards in the country, having served millions of customers nationwide, and a four time recipient of Mastercard's coveted Performance Excellence Award. First PREMIER Bank was established in 1929 and is located in Sioux Falls, South Dakota. We are a registered member of the Better Business Bureau and a member of the FDIC (Federal Deposit Insuranc

What Benefits Does First PREMIER Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. First PREMIER 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 Sioux Falls?

Understanding the cost of living near Sioux Falls is key to truly evaluating a salary offer or your current compensation at First PREMIER Bank.
Sioux Falls' Cost of Living Index is approximately 90.5 (9.5% less expensive than US average; 3.0% less than SD average). Largest SD city, financial/healthcare hub, affordable housing. SAM bus. When planning your budget based on a salary from First PREMIER Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $900 - $1,400+ A significant portion of First PREMIER Bank salary. Location choices impact this heavily.
Utilities (Basic) $110 - $200 Electricity, Heating, Cooling, Water etc.
Public Transportation $30 (SAM monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $570 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $680+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,150 - $3,500+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of First PREMIER Bank

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

The typical annual salary range for most roles at First PREMIER Bank is approximately from $73,794 to $95,454. 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 First PREMIER Bank pay compared to Trshc Holdings LLC?

The average annual salary at First PREMIER Bank is $84,173, or an hourly wage of $40, in comparison to Trshc Holdings LLC which pays $88,223 per year or $42 per hour.

3. How does experience level affect salary at First PREMIER Bank?

Experience level is a significant factor in determining salary at First PREMIER 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.

4. How can I determine if a salary offer from First PREMIER Bank in Sioux Falls is fair given the local cost of living?

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

5. What factors influence salary increases at First PREMIER Bank?

Salary increases at First PREMIER Bank are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.