Charles River Bank Salary

As of October 2026, the average hourly salary for employees at Charles River Bank in the United States is $45. This translates to an approximate annual wage of $93,353. Salaries at Charles River Bank typically range from $39 to $51 hourly, reflecting the diverse roles and experience levels within the company.

How Much Does Charles River Bank Pay for Different Roles?

Explore detailed salary information for specific jobs at Charles River Bank. Based on our data, the highest paying job is the Business Anaylst, with an hourly wage of $66. The table below outlines the hourly wage ranges for most popular roles within the company.

Digital Services Specialist

$17 / hour

Salary Range: $15 - $19

Security Services

Contact Center Agent

$42 / hour

Salary Range: $36 - $48

Sales

Fraud and Security Specialist

$44 / hour

Salary Range: $38 - $51

Security Services

Digital Support Agent

$34 / hour

Salary Range: $30 - $38

Construction

Business Anaylst

$66 / hour

Salary Range: $55 - $75

Library

Digital Banking Agent

$34 / hour

Salary Range: $30 - $38

Construction

Turn Insight into Opportunity: Current Job Openings

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About Charles River Bank: Company Profile

Website
www.charlesriverbank.com
Founded In
1915
Employees
50 - 100 employees
Industry
Financial Services
Headquarter Location
MEDWAY
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About CHARLES RIVER BANK
About Us Founded in 1915, Charles River Bank began providing opportunities for people in our community to enjoy home ownership, achieve financial goals, and to look to the Bank as a constant resource for improving the lives of their family, their business, and the community that we share. Today, Charles River Bank remains a vital part of our community, with a vision toward the future and the needs

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Charles River Bank's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
Industry reputation opens doors. Meetings are regular and productive, though they can feel repetitive. The company provides reliable employment with comprehensive benefits, but the work environment can feel bureaucratic. The company culture values diversity and inclusion, creating a welcoming workplace. The office environment is positive and energetic. Quiet rooms enable focused work. Colleagues s...
The company delivers on predictability. Leadership promotes open communication and recognizes achievements regularly. Even with employees, there’s a strong sense of alignment, and executives are approachable and communicative. Management recognizes and rewards hard work through various incentives.
The work is meaningful, and the leadership team is communicative and proactive. Financial services here are approached with integrity and innovation. This culture of respect, trust, and innovation makes it an excellent place to work. Resources are ample, allowing us to focus on quality work rather than budget constraints. Work-life balance initiatives, like remote options and mental health support...
Sick time can be used for mental health. The leadership visionary and inspiring. The company is agile and adapts well to market changes.

Is Charles River Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Charles River 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
CHARLES SCHWARTZ $39
-14.2%
Reflects market rates for standard general contracting, differing from specialized roles.
CBC BANK $41
-9.6%
CBC BANK focuses strategically on recruiting and training entry-level apprentices.
COMMUNITY BANK OF THE BAY $50
+11.7%
Reflects a supply-demand imbalance for the specific talent COMMUNITY BANK OF THE BAY targets.
GIMAEX $40
-10.7%
GIMAEX may offer non-monetary perks in lieu of competitive base salaries.
Financial Services Industry $59
+30.2%
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.

What Is the Cost of Living Near Framingham?

Understanding the cost of living near Framingham is key to truly evaluating a salary offer or your current compensation at Charles River Bank.
Framingham's Cost of Living Index is approximately 125.7 (25.7% more expensive than US average; 5.2% less than MA average). MetroWest hub, housing costs above US avg. MWRTA bus, Commuter Rail. When planning your budget based on a salary from Charles River Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,800 - $2,600+ A significant portion of Charles River Bank salary. Location choices impact this heavily.
Utilities (Basic) $180 - $290 Electricity, Heating, Cooling, Water etc.
Public Transportation $50 (MWRTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $460 - $680 Can be higher with more dining out or specialty stores.
Personal & Leisure $430 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $410 - $760+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,330 - $5,080+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Charles River Bank

FAQ 1: How much does Charles River Bank in the United States pay?
Charles River Bank pays its employees an average of $45 per hour. The average salary at Charles River Bank range from $39 to $51 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.
FAQ 2: Do Charles River Bank employees get a higher salary than its peer company?
The salary at Charles River Bank is higher than its peer company. The average annual salary at Charles River Bank is $93,353, or an hourly wage of $45, in comparison to CHARLES SCHWARTZ which pays $80,089 per year or $39 per hour.
FAQ 3: How much does salary increase with years of experience at Charles River Bank?
Salary progression with years of experience at Charles River 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.
FAQ 4: Do salaries at Charles River Bank vary by office location?
Yes, it's very likely that salaries at Charles River 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 Framingham section provides more context.
FAQ 5: Does Charles River Bank offer good benefits?
Charles River 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 Charles River Bank" section on this page.