| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| 1st Security Bank of Washington | $56 |
+9.8%
|
Reflects a supply-demand imbalance for the specific talent 1st Security Bank of Washington targets. |
| Enterprise Bancorp Inc | $55 |
+8.2%
|
Adjusted for higher cost-of-living indices in Enterprise Bancorp Inc's primary metro hubs. |
| University Place Holdings Inc | $48 |
-6.7%
|
University Place Holdings Inc focuses strategically on recruiting and training entry-level apprentices. |
| HSA Bank | $50 |
-3.2%
|
HSA Bank operates with a leaner overhead structure, impacting base wage offers. |
| Financial Services Industry | $59 |
+13.9%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$56 / hour
Salary Range: $49 - $64
Mountlake Terrace, WA
$55 / hour
Salary Range: $49 - $63
Lowell, MA
$48 / hour
Salary Range: $42 - $54
Jacksonville, FL
$50 / hour
Salary Range: $44 - $56
Sheboygan, WI
$55 / hour
Salary Range: $48 - $62
Porterville, CA
$50 / hour
Salary Range: $44 - $57
Charlotte, NC
$52 / hour
Salary Range: $46 - $59
Denver, CO
$51 / hour
Salary Range: $45 - $58
New Orleans, LA
$50 / hour
Salary Range: $44 - $56
Farmington, MO
Get an estimated calculation of how much you should be earning and insight into your career options.
Bank Mutual pays its employees an average of $51 per hour. The average salary at Bank Mutual range from $45 to $58 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.
The salary at Bank Mutual is lesser than the similar company. The average annual salary at Bank Mutual is $106,725, or an hourly wage of $51, in comparison to 1st Security Bank of Washington which pays $117,178 per year or $56 per hour.
A Senior Personal Banker at Bank Mutual typically earns an average hourly base salary of around $48, with a general range of $42 to $55.
In many roles at Bank Mutual, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.
Bank Mutual generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Bank Mutual" section on this page.
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