Grand Timber Bank Salary

As of August 2026, the average annual salary for employees at Grand Timber Bank in the United States is $83,751. This translates to an approximate hourly wage of $40. Salaries at Grand Timber Bank typically range from $73,464 to $94,905 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Grand Timber Bank Pay for Different Roles?

Explore detailed salary information for specific jobs at Grand Timber Bank. Based on our data, the highest paying job is the Operations Officer, with an annual salary of $89,214. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Grand Timber Bank

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

Is Grand Timber Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Grand Timber 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
Lion Mortgage Corp $99,046
+18.3%
Data suggests Lion Mortgage Corp's workforce skews heavily towards veteran, high-tenure roles.
Pisgah Community Bank $101,514
+21.2%
Supported by Pisgah Community Bank's high-margin contracts allowing higher overhead.
Corporate Diligence Specialists LLC $111,629
+33.3%
Reflects structural premiums typical of Corporate Diligence Specialists LLC's large-cap national operations.
Private Capital Advisors Inc $102,400
+22.3%
Driven by niche technical certifications required for Private Capital Advisors Inc's specialized projects.
Financial Services Industry $121,514
+45.1%
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 Grand Timber Bank

Considering a career at Grand Timber 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.
Career aspirations are discussed openly. Tuition reimbursement aids skill development. Internal mobility is actively encouraged. Consistent recognition for performance.
It feels good to know you’re not stuck in one path. The company embraces change and stays current with trends in fintech. Small wins are cheered.
I’ve found purpose in the work and fulfillment in the culture. Supportive leadership and clear communication foster a collaborative work environment. Management consistently checks in on team morale and actively seeks feedback for improvement. Hackathons spark creative solutions. Change is managed thoughtfully, with proper communication and training. Administrative support is exceptional. Technolo...

Grand Timber Bank Overview

Website
www.grandtimberbank.com
Founded In
1963
Employees
<25 employees
Industry
Financial Services
Headquarter Address
204 N Maddy St Mcgregor Minnesota MN 55760
Revenue
<$5 Million
Phone Number
+1 2187682410
Social Media
About Grand Timber Bank
Grand Timber Bank is a company that operates in the Financial Services industry. It employs 6-10 people and has $1M-$5M of revenue. The company is headquartered in Mcgregor, Minnesota.

What Benefits Does Grand Timber Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. Grand Timber 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 Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Grand Timber Bank.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Grand Timber Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Grand Timber Bank salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Grand Timber Bank

1. What is the average salary for employees at Grand Timber Bank?

The average annual total compensation for employees at Grand Timber Bank is approximately $83,751. However, this is an aggregate figure, actual salaries can range significantly, typically from $73,464 to $94,905, depending on factors like job role, experience, and location.

2. How much does Grand Timber Bank pay compared to Lion Mortgage Corp?

The average annual salary at Grand Timber Bank is $83,751, or an hourly wage of $40, in comparison to Lion Mortgage Corp which pays $99,046 per year or $48 per hour.

3. What is the lowest salary at Grand Timber Bank?

The lowest-paying job at Grand Timber Bank is a Loan Processor with a salary of $35,440 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Grand Timber Bank?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Grand Timber Bank for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Grand Timber Bank offer cost-of-living adjustments (COLA) for employees in high-cost areas like Minneapolis?

While some companies offer formal COLA, many, including potentially Grand Timber Bank, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at Grand Timber Bank?

Most companies, likely including Grand Timber Bank, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.