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Herald National Bank Salary

Herald National Bank Salary

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As of August 2026, the average annual salary for employees at Herald National Bank in the United States is $117,452. This translates to an approximate hourly wage of $56. Salaries at Herald National Bank typically range from $102,943 to $133,255 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Herald National Bank Pay for Different Roles?

Explore detailed salary information for specific jobs at Herald National Bank. Based on our data, the highest paying job is the Managing Director, with an annual salary of $909,181. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Is Herald National Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Herald National 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
Borro Ltd $116,735
-0.6%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Loanwise LLC $103,444
-11.9%
Loanwise LLC focuses strategically on recruiting and training entry-level apprentices.
yelp.com/biz/tierone-bank-clarinda $88,867
-24.3%
yelp.com/biz/tierone-bank-clarinda operates with a leaner overhead structure, impacting base wage offers.
MeetBankers LLC $105,638
-10.1%
MeetBankers LLC may offer non-monetary perks in lieu of competitive base salaries.
Financial Services Industry $121,514
+3.5%
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 Herald National Bank's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Herald National Bank

Considering a career at Herald National 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.
Leadership invests in employee potential through mentorship and career-path programs. There’s strong mentorship and regular check-ins. Leadership is approachable and encourages employees to share ideas and improve processes. I feel like my contributions are recognized and valued regularly.
Commented in May 09, 2025
17
2
The work is meaningful, helping clients achieve important financial goals. It’s not the most exciting workplace, but dependable and routine for those who want professional stability and limited surprises. Regular 1:1s provide guidance without hovering. A lot of financial companies feel cold, but this one is refreshingly human. Work-life balance varies by team and manager support. Leadership is pro...
Commented in June 14, 2024
28
2
I’ve had multiple growth opportunities, and my contributions are recognized. With professionals united by this mission, every decision is made with clients' best interests in mind. With employees, the company offers various affinity groups and social activities to foster connections beyond work. It's a decent job if you're looking for predictability without a lot of external pressure or frequent c...
Commented in May 22, 2024
34
0
Work equipment is high-quality and reliable. There are ample opportunities for career advancement, supported by comprehensive training and mentorship programs. It's fulfilling to know our work genuinely helps people achieve their financial objectives. The culture emphasizes teamwork and open communication, making collaboration enjoyable.
Commented in March 17, 2024
31
2

Herald National Bank Overview

Website
www.heraldnb.com
Founded In
2009
Employees
100 - 200 employees
Industry
Financial Services
Headquarter Address
623 5th Ave New York City New York NY 10022
Revenue
$10 Million - $50 Million
Phone Number
+1 2124210030
Social Media
About Herald National Bank
Herald National Bank is a company that operates in the Financial Services industry. It employs 101-250 people and has $25M-$50M of revenue. The company is headquartered in New York City, New York.

What Benefits Does Herald National Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. Herald National 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)
Work at Herald National Bank?
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What Is the Cost of Living Near New York?

Understanding the cost of living near New York is key to truly evaluating a salary offer or your current compensation at Herald National Bank.
New York City's Cost of Living Index is approximately 204.5 (104.5% more than US average; 63.5% more than NY average). Extremely expensive globally, driven by exorbitant housing. Extensive MTA subway/bus. When planning your budget based on a salary from Herald National Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $3,500 - $5,000+ (Highly variable by borough) A significant portion of Herald National Bank salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $127 (MTA 30-day MetroCard) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $800+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $5,177 - $7,877+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Herald National Bank

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

The typical annual salary range for most roles at Herald National Bank is approximately from $102,943 to $133,255. 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 Herald National Bank pay compared to Borro Ltd?

The average annual salary at Herald National Bank is $117,452, or an hourly wage of $56, in comparison to Borro Ltd which pays $116,735 per year or $56 per hour.

3. How does experience level affect salary at Herald National Bank?

Experience level is a significant factor in determining salary at Herald National 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 Herald National Bank in New York is fair given the local cost of living?

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

5. What factors influence salary increases at Herald National Bank?

Salary increases at Herald National 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.

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