Friend Bank Salary

Friend Bank Salary

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As of August 2026, the average annual salary for employees at Friend Bank in the United States is $80,766. This translates to an approximate hourly wage of $39. Salaries at Friend Bank typically range from $70,825 to $91,552 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Friend Bank

Ready for your next career move? Explore current job openings at Friend Bank. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Friend Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Friend 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
Cornerstone Land Holdings LLC $98,824
+22.4%
Influenced by prevailing union wage agreements specific to Cornerstone Land Holdings LLC's sector.
Sterling Holdings LLC $99,963
+23.8%
Reflects a supply-demand imbalance for the specific talent Sterling Holdings LLC targets.
GeoVista Credit Union $84,046
+4.1%
Reflects structural premiums typical of GeoVista Credit Union's large-cap national operations.
Hk Usa Holdings Inc $91,578
+13.4%
Data suggests Hk Usa Holdings Inc's workforce skews heavily towards veteran, high-tenure roles.
Financial Services Industry $121,514
+50.5%
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.

How Friend Bank's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Friend Bank. Click a company name to learn more.

Employee Reviews: Working at Friend Bank

Considering a career at Friend 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.
I’ve experienced steady career growth thanks to thoughtful management and an empowering, organized environment. What stands out is the mutual respect among colleagues at all levels. The office environment is positive and energetic. This organization provides excellent career growth opportunities, supported by clear development paths and leadership guidance. Recognition programs make employees feel...
Commented in March 21, 2025
18
2
This forward-thinking approach keeps us at the forefront of financial technology, providing exciting challenges and opportunities to work with state-of-the-art tools. Tasks are repetitive but manageable. Diversity and inclusion are more than buzzwords at this financial services leader. Work-life balance depends heavily on manager support. Supportive team, clear expectations, and meaningful work de...
Commented in November 16, 2024
43
1
leadership helps set realistic and exciting growth plans. Management checks in regularly, and the HR team is proactive. Benefits are solid, although pay raises are infrequent.
Commented in September 22, 2024
21
1
The culture is dynamic but grounded in strong professional values. Management recognizes and rewards effort. Ideas are judged on merit, and there's a conscious effort to ensure all voices are heard.
Commented in July 31, 2024
37
3
I've never felt siloed - everyone shares knowledge willingly. The company fosters a collaborative and inclusive environment where every employee feels valued. It’s an environment where expertise is recognized, and strategic thinking is highly valued. The environment is calm, with few unexpected challenges.
Commented in February 06, 2024
9
1

Friend Bank Overview

Website
www.friendbank.net
Founded In
1905
Employees
25 - 50 employees
Industry
Financial Services
Headquarter Address
3105 Ross Clark Cir Dothan Alabama AL 36303
Revenue
$5 Million - $10 Million
Phone Number
+1 3347922550
Social Media
About Friend Bank
Friend Bank is a third-generation family business and one of Alabama's oldest community banks. The bank operates five full-service banking offices, in Slocomb, Dothan, Geneva, Hartford and Newton.

What Benefits Does Friend Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. Friend 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 Dothan?

Understanding the cost of living near Dothan is key to truly evaluating a salary offer or your current compensation at Friend Bank.
Dothan's Cost of Living Index is approximately 76.5 (23.5% less expensive than US average; 7.0% less than AL average). Primary driver for high affordability is very low housing costs. Groceries and transportation are also notably below national average. When planning your budget based on a salary from Friend Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $700 - $1,150+ A significant portion of Friend Bank salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $30 - $40 (Wiregrass Transit Auth.) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $330 - $480 Can be higher with more dining out or specialty stores.
Personal & Leisure $250 - $500+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $300 - $550+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $1,750 - $2,950+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Friend Bank

1. How much does Friend Bank in the United States pay?

Friend Bank pays its employees an average of $80,766 per year. The average salary at Friend Bank range from $70,825 to $91,552 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.

2. Do Friend Bank employees get a higher salary than its peer company?

The salary at Friend Bank is lesser than its peer company. The average annual salary at Friend Bank is $80,766, or an hourly wage of $39, in comparison to Cornerstone Land Holdings LLC which pays $98,824 per year or $48 per hour.

3. What are the highest paying jobs at Friend Bank?

The higher-paying job at Friend Bank, according to our data, include Chief Lending Officer (avg. $170,296 per year), Market President (avg. $168,802 per year), and Investment Officer (avg. $88,748 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Friend Bank?

Salary progression with years of experience at Friend Bank is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

5. Do salaries at Friend Bank vary by office location?

Yes, it's very likely that salaries at Friend Bank vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Dothan section provides more context.

6. Does Friend Bank offer good benefits?

Friend Bank typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Friend Bank" section on this page.

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