Flagship Bank Minnesota Salary

Flagship Bank Minnesota pays its employees an average of $86,867 per year. The average salary at Flagship Bank Minnesota range from $76,175 to $98,597 per year. 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.

The salary at Flagship Bank Minnesota is higher than the similar company. The average annual salary at Flagship Bank Minnesota is $86,867, or an hourly wage of $42, in comparison to THE FARMERS NATIONAL BANK OF PROPHETSTOWN which pays $77,568 per year or $37 per hour.

In many roles at Flagship Bank Minnesota, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). This significantly impacts the purchasing power of a salary from Flagship Bank Minnesota based there. Our "Cost of Living Insights for Minneapolis" module details this impact, helping you assess the 'real feel' value of your compensation.

Flagship Bank Minnesota generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Flagship Bank Minnesota" section on this page.