Five Star Bank Salary

As of January 2026, the average annual salary for employees at Five Star Bank in the United States is $110,395. This translates to an approximate hourly wage of $53. Salaries at Five Star Bank typically range from $96,657 to $125,414 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Five Star Bank

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Is Five Star Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Five Star 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
Melio Payments Inc $134,561
+21.9%
Reflects structural premiums typical of Melio Payments Inc's large-cap national operations.
CSC Generation Inc $110,395
0.0%
Indicates identical technical requirements and experience levels between the two firms.
Parametric Portfolio Associates LLC $122,177
+10.7%
Driven by niche technical certifications required for Parametric Portfolio Associates LLC's specialized projects.
First Investors Financial Services $111,904
+1.4%
Confirms First Investors Financial Services is a direct competitor vying for the exact same talent pool.
Financial Services Industry $121,514
+10.1%
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 Five Star Bank

Considering a career at Five Star 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.
Upper management is professional it is visible. It’s a quiet place with low turnover but limited social or team-building opportunities. Working has been an exceptional experience. The benefits package is comprehensive, including excellent healthcare coverage and retirement options.
This inclusive approach enriches our problem-solving capabilities and strengthens our team, reflecting positively in our client interactions and overall success. The pace of work is moderate, with occasional stressful periods. It’s a dynamic place to grow, with ample opportunities for career advancement. Compensation philosophy is transparent and fair. Working provides immense intellectual stimula...
Strong focus on client satisfaction and success. Professional development opportunities exceed expectations. The company culture is professional but can feel formal and reserved. The finance industry can be stressful, but this company reduces that with smart workflows and empathetic leadership.

Five Star Bank Overview

Website
www.five-starbank.com
Founded In
1999
Employees
500 - 1,000 employees
Industry
Financial Services
Headquarter Address
220 Liberty St Warsaw New York NY 14569
Revenue
$1B - $3B
Phone Number
+1 8778825782
Social Media

What Benefits Does Five Star Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. Five Star 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 Syracuse?

Understanding the cost of living near Syracuse is key to truly evaluating a salary offer or your current compensation at Five Star Bank.
Syracuse's Cost of Living Index is approximately 80.7 (19.3% less expensive than US average; 35.5% less than NY average). Central NY city (Syracuse Univ.), affordable housing, snow. Centro bus. When planning your budget based on a salary from Five Star 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 Five Star Bank salary. Location choices impact this heavily.
Utilities (Basic) $170 - $280 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (Centro monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,210 - $3,560+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Five Star Bank

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

The typical annual salary range for most roles at Five Star Bank is approximately from $96,657 to $125,414. 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 Five Star Bank pay compared to Melio Payments Inc?

The average annual salary at Five Star Bank is $110,395, or an hourly wage of $53, in comparison to Melio Payments Inc which pays $134,561 per year or $65 per hour.

3. Do salaries differ significantly between departments at Five Star Bank?

Yes, salaries often differ between departments at Five Star 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 Five Star Bank?

Experience level is a significant factor in determining salary at Five Star 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 Five Star Bank in Syracuse is fair given the local cost of living?

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

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

An individual's actual salary at Five Star 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.