Bridgewater Bancshares Salary

As of August 2026, the average hourly salary for employees at Bridgewater Bancshares in the United States is $54. This translates to an approximate annual wage of $111,366. Salaries at Bridgewater Bancshares typically range from $47 to $61 hourly, reflecting the diverse roles and experience levels within the company.
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Is Bridgewater Bancshares’s Pay Competitive? Salary Benchmarking Analysis

How does Bridgewater Bancshares'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
US Bank ATM $49
-8.1%
US Bank ATM focuses strategically on recruiting and training entry-level apprentices.
LPRI Holding Co Inc $54
-0.1%
Indicates identical technical requirements and experience levels between the two firms.
Schaumburg Bank and Trust Company NA $51
-5.5%
Typical compensation structure for smaller regional agencies like Schaumburg Bank and Trust Company NA.
Find Bank $57
+5.6%
Adjusted for higher cost-of-living indices in Find Bank's primary metro hubs.
Financial Services Industry $59
+9.1%
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 Bridgewater Bancshares

Considering a career at Bridgewater Bancshares? 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.
Feedback is solicited and incorporated. Awards validate our approach. It's rewarding to see our collective efforts pay off for our clients. It’s a dynamic place to grow, with ample opportunities for career advancement. Decision-making can be due to hierarchy.
Managers trust employees to deliver regardless of location. Quality matters more than rigid policies. Touches make big differences. Working provides immense intellectual stimulation. The focus is on business needs rather than penny-pinching.
From certification programs to sponsored conferences, I’ve had so many chances to learn. Transitions are communicated with ample notice. Training and mentoring programs are widely available. Training is offered but sometimes lacks depth or relevance to specific roles. Leaders are open-minded, coworkers are motivated, and the goals are ambitious but attainable.
Failure is viewed as learning opportunities. Work environment supports diversity and inclusion. ERGs have executive sponsorship and budget. Training programs and career advancement opportunities are plentiful, allowing employees to grow their skills. Teams work seamlessly together, leveraging diverse expertise to solve complex financial challenges. Proud to contribute to innovation. With flexible ...
Training is available but may be generic and infrequent. A truly inclusive workplace where diversity is celebrated. Their expertise is evident in strategic decisions.

Bridgewater Bancshares Overview

Website
www.bridgewaterbankmn.com
Founded In
2005
Employees
200 - 500 employees
Industry
Financial Services
Headquarter Address
4450 Excelsior Blvd Minneapolis Minnesota MN 55416
Revenue
$50 Million - $200 Million
Phone Number
+1 9528936868
Social Media
About Bridgewater Bancshares
Bridgewater Bancshares, Inc. (Nasdaq: BWB) is a St. Louis Park, Minnesota-based financial holding company. Bridgewater's primary banking subsidiary, Bridgewater Bank, is a premier, full-service Twin Cities bank dedicated to serving the diverse needs of commercial real estate investors, entrepreneurs, business clients and high-net-worth individuals. By pairing a range of deposit, lending and busine

What Benefits Does Bridgewater Bancshares Offer Beyond Salary?

A competitive compensation package is more than just a salary. Bridgewater Bancshares 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 Bridgewater Bancshares.
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 Bridgewater Bancshares, 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 Bridgewater Bancshares 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 Bridgewater Bancshares

1. What is the estimated average total compensation at Bridgewater Bancshares?

Salary.com estimates that the average total compensation package at Bridgewater Bancshares, which can include base salary, potential bonuses, and benefits, is around $54 per hour . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Bridgewater Bancshares pay compared to US Bank ATM?

The average annual salary at Bridgewater Bancshares is $111,366, or an hourly wage of $54, in comparison to US Bank ATM which pays $102,368 per year or $49 per hour.

3. Do salaries differ significantly between departments at Bridgewater Bancshares?

Yes, salaries often differ between departments at Bridgewater Bancshares due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. What's the typical salary progression for an employee moving from an entry-level to a senior role at Bridgewater Bancshares?

Salary progression from an entry-level to a senior role at Bridgewater Bancshares can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

5. How can I determine if a salary offer from Bridgewater Bancshares in Minneapolis is fair given the local cost of living?

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

6. Are promotions at Bridgewater Bancshares usually accompanied by a significant salary increase?

Yes, promotions at Bridgewater Bancshares are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.