Where is Bank Excelsior located?

Bank Excelsior is headquartered in Excelsior, Minnesota, but may have operations in other locations within the Financial Services sector.

What does Bank Excelsior do?

According to the company's overview, Bank Excelsior is a company that operates in the Financial Services industry.

What industry is Bank Excelsior in?

Bank Excelsior operates in the Financial Services industry.

Bank Excelsior Hourly Pay Rate & Wages

Bank Excelsior Salary

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Salary at Bank Excelsior

Current Job Openings at Bank Excelsior

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Is Bank Excelsior’s Pay Competitive? Salary Benchmarking Analysis

How does Bank Excelsior'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
Midway Bank	$48	+0.1%	Aligns perfectly with prevailing regional benchmarks for this specific job family.
WellsFargo Commercial Banking	$46	-4.5%	WellsFargo Commercial Banking likely leverages performance bonuses over the high base salary shown here.
Premier Community Bank	$42	-12.9%	Premier Community Bank operates with a leaner overhead structure, impacting base wage offers.
Mellon Bank N A	$44	-8.2%	Typical compensation structure for smaller regional agencies like Mellon Bank N A.
Financial Services Industry	$59	+20.7%	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 Bank Excelsior and Their Hourly Pay Rates

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

Midway Bank

$48 / hour

Salary Range: $42 - $55

Saint Paul, MN

WellsFargo Commercial Banking

$46 / hour

Salary Range: $41 - $52

Minneapolis, MN

Premier Community Bank

$42 / hour

Salary Range: $37 - $48

Marion, WI

Mellon Bank N A

$44 / hour

Salary Range: $39 - $50

Pittsburgh, PA

Inter-continental Bank

$49 / hour

Salary Range: $43 - $55

Brockton, MA

Market Data Bank

$49 / hour

Salary Range: $43 - $55

San Diego, CA

5TH 3RD Bank

$42 / hour

Salary Range: $37 - $48

Fort Wayne, IN

Quality Inn Middletown-Red Bank

$43 / hour

Salary Range: $37 - $48

Orange, TX

BMO Private Bank

$45 / hour

Salary Range: $39 - $51

Milwaukee, WI

Employee Reviews: Working at Bank Excelsior

Considering a career at Bank Excelsior? 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.

Diversity and inclusion efforts feel authentic. Flexible scheduling options help balance personal and work life. Despite its strong workforce, the company fosters a dynamic and entrepreneurial environment.

Commented in March 02, 2025

11

1

It’s a decent place to gain foundational experience, but those seeking dynamic challenges might feel limited in growth opportunities. I'm constantly learning new things and developing my skills in the financial services sector. The workload is steady but can become monotonous. Colleagues are smart and helpful. Cybersecurity training keeps us all vigilant.

Commented in February 04, 2025

35

2

Projects are well-managed and feedback is constructive. It’s a dynamic place to grow, with ample opportunities for career advancement. The roadmap balances ambition with realism. Workplace culture is respectful but can feel formal or impersonal. I appreciate the trust and autonomy given. It's a decent job if you're looking for predictability without a lot of external pressure or frequent changes i...

Commented in January 26, 2025

8

0

Leadership is engaged and values employee contributions, encouraging creativity and continuous improvement. Great training, well-defined roles, and a helpful team made onboarding seamless. Despite having team members, IT support is responsive, and systems are user-friendly. The environment is fast-paced, but the support system keeps stress manageable. Action items are documented and followed up.

Commented in January 05, 2024

43

3

What Benefits Does Bank Excelsior Offer Beyond Salary?

A competitive compensation package is more than just a salary. Bank Excelsior 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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How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

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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 Bank Excelsior.

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 Bank Excelsior, 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 Bank Excelsior 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 Bank Excelsior

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

The average total compensation for employees at Bank Excelsior is approximately $48 per hour. However, this is an aggregate figure, actual salaries can range significantly, typically from $42 to $55 per hour, depending on factors like job role, experience, and location.

2. How much does Bank Excelsior pay compared to Midway Bank?

The average annual salary at Bank Excelsior is $100,681, or an hourly wage of $48, in comparison to Midway Bank which pays $100,754 per year or $48 per hour.

3. How does having a professional certification impact salary for relevant roles at Bank Excelsior?

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 Bank Excelsior for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

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

While some companies offer formal COLA, many, including potentially Bank Excelsior, 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.

5. What's the typical process for salary reviews and raises at Bank Excelsior?

Most companies, likely including Bank Excelsior, 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.