1st State Bank Salary

1st State Bank Salary

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As of August 2026, the average hourly salary for employees at 1st State Bank in the United States is $44. This translates to an approximate annual wage of $92,443. Salaries at 1st State Bank typically range from $39 to $50 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at 1st State Bank

Ready for your next career move? Explore current job openings at 1st State Bank. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is 1st State Bank’s Pay Competitive? Salary Benchmarking Analysis

How does 1st State 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
Northumberland Bancorp $45
+2.2%
Indicates identical technical requirements and experience levels between the two firms.
First Commerce Bank $53
+18.3%
Reflects a supply-demand imbalance for the specific talent First Commerce Bank targets.
Svb & T $43
-3.4%
Normalized for lower cost-of-living zones where Svb & T primarily operates.
Bank of Hawaii-Paia $48
+7.4%
Reflects structural premiums typical of Bank of Hawaii-Paia's large-cap national operations.
Financial Services Industry $59
+31.4%
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.

Companies Similar to 1st State Bank and Their Hourly Pay Rates

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at 1st State Bank. Click a company name to learn more.

Employee Reviews: Working at 1st State Bank

Considering a career at 1st State 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.
There’s a strong team spirit and commitment to excellence. The company regularly benchmarks offerings against industry leaders. Colleagues are incredibly knowledgeable and supportive. The culture reflects accountability, growth, and respect.
Commented in February 13, 2025
14
0
The evaluation process feels designed to help me succeed. Pay bands are clearly communicated. It’s not the most exciting workplace, but dependable and routine for those who want professional stability and limited surprises. Knowing that we are all striving for excellence makes the team cohesive and focused. I’m proud to work here and see a promising future. The leadership team is professional and ...
Commented in February 04, 2025
23
3
Transfer requests are considered fairly. The emphasis on a client-centric approach is deeply ingrained in our operations. Coworkers are helpful, and managers are encouraging.
Commented in January 02, 2025
48
0
Strong emphasis on process and accuracy. A supportive team and transparent leadership set the tone. Career advancement is supported by extensive training and mentoring.
Commented in July 14, 2024
33
1
The benefits are outstanding, including competitive salaries, wellness programs, and professional development opportunities. Every team meeting feels purposeful and productive. Excellent mentorship and structured career path. The company provides job security but can appeal to those seeking rapid change or growth.
Commented in January 19, 2024
35
1

1st State Bank Overview

Website
www.1ststate.bank
Founded In
Data pending, update soon.
Employees
100 - 200 employees
Industry
Financial Services
Headquarter Address
4800 Fashion Square Blvd Saginaw Michigan MI 48604
Revenue
$10 Million - $50 Million
Phone Number
+1 9897997500
Social Media
About 1st State Bank
About 1st State Bank: 1st State Bank looks for customer convenience on all levels. To provide growth and greater availability for our customers, we opened our doors in Omaha, Nebraska in 2001. For customers who have relocated, are simply vacationing, or have children attending college in the Omaha area, this has proven to be a welcome change. Since being established in Gothenburg, Nebraska in 1906

What Benefits Does 1st State Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. 1st State 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 Saginaw?

Understanding the cost of living near Saginaw is key to truly evaluating a salary offer or your current compensation at 1st State Bank.
Saginaw's Cost of Living Index is approximately 76.2 (23.8% less expensive than US average; 16.5% less than MI average). Mid-Michigan city, very affordable housing. STARS bus. When planning your budget based on a salary from 1st State Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $650 - $950+ A significant portion of 1st State Bank salary. Location choices impact this heavily.
Utilities (Basic) $160 - $260 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (STARS monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $350 - $520 Can be higher with more dining out or specialty stores.
Personal & Leisure $250 - $500+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $340 - $630+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $1,790 - $2,860+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of 1st State Bank

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

1st State Bank pays its employees an average of $44 per hour. The average salary at 1st State Bank range from $39 to $50 per hour. 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 1st State Bank employees get a higher salary than its peer company?

The salary at 1st State Bank is lesser than its peer company. The average annual salary at 1st State Bank is $92,443, or an hourly wage of $44, in comparison to Northumberland Bancorp which pays $94,499 per year or $45 per hour.

3. What are the highest paying jobs at 1st State Bank?

The higher-paying job at 1st State Bank, according to our data, include President & Chief Executive Officer (avg. $344 per hour), Chief Financial Officer (avg. $179 per hour), and Vice President, Retail Banking (avg. $135 per hour). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at 1st State Bank?

Salary progression with years of experience at 1st State 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 1st State Bank vary by office location?

Yes, it's very likely that salaries at 1st State 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 Saginaw section provides more context.

6. Does 1st State Bank offer good benefits?

1st State 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 1st State Bank" section on this page.

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