Where is Crestar Bank located?

Crestar Bank is headquartered in Radford, Virginia, but may have operations in other locations within the Financial Services sector.

What does Crestar Bank do?

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

What industry is Crestar Bank in?

Crestar Bank operates in the Financial Services industry.

Crestar Bank Hourly Pay Rate & Wages

Crestar Bank Salary

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Salary at Crestar Bank

Current Job Openings at Crestar Bank

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

Is Crestar Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Crestar 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
Xenith Bank a Division of Union Bank & Trust of Richmond Va	$45	+9.5%	Data suggests Xenith Bank a Division of Union Bank & Trust of Richmond Va's workforce skews heavily towards veteran, high-tenure roles.
The Bank and Trust, SSB	$43	+5.1%	Reflects a supply-demand imbalance for the specific talent The Bank and Trust, SSB targets.
Cardinal Assistance	$45	+9.3%	Driven by niche technical certifications required for Cardinal Assistance's specialized projects.
Northeast Georgia Bank	$42	+3.6%	Influenced by prevailing union wage agreements specific to Northeast Georgia Bank's sector.
Financial Services Industry	$59	+42.5%	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 Crestar Bank and Their Hourly Pay Rates

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

Xenith Bank a Division of Union Bank & Trust of Richmond Va

$45 / hour

Salary Range: $39 - $51

Richmond, VA

The Bank and Trust, SSB

$43 / hour

Salary Range: $38 - $49

Del Rio, TX

Cardinal Assistance

$45 / hour

Salary Range: $39 - $51

Northeast Georgia Bank

$42 / hour

Salary Range: $37 - $48

Hartwell, GA

NMB Financial Corp

$52 / hour

Salary Range: $46 - $59

Fort Lee, NJ

OptimumBank Holdings Inc

$44 / hour

Salary Range: $39 - $50

Fort Lauderdale, FL

Cornerstone Community Bank

$45 / hour

Salary Range: $39 - $51

Grafton, WI

Security State Bank Grandin

$41 / hour

Salary Range: $36 - $47

Grandin, ND

City Bill Online Bank

$47 / hour

Salary Range: $41 - $53

Mililani, HI

Employee Reviews: Working at Crestar Bank

Considering a career at Crestar 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.

The company invests heavily in employee development through mentorship programs, sponsored certifications, and leadership training. It’s inspiring to be part of a team that drives financial excellence while making a positive difference in society. I’ve found this organization to be a fantastic place to develop a career in finance. Senior staff make time for junior colleagues. Gestures like handwri...

Commented in April 07, 2025

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The company empowers employees to build strong client relationships, and feedback is actively incorporated into improvements. Job roles can be repetitive with limited variety. Open-door policies promote honest communication. Office culture is professional but sometimes reserved. While the company offers job security and a clear structure, it can suit individuals seeking a fast-paced or highly inno...

Commented in September 29, 2024

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Respectful management and open-door policy. Benefits are solid, although pay raises are infrequent. On-site flu shots save time. Collaborative environment encourages innovation and creativity. Coworkers support each other, leadership is fair, and goals are clearly communicated.

Commented in February 17, 2024

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What Benefits Does Crestar Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. Crestar 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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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 Roanoke?

Understanding the cost of living near Roanoke is key to truly evaluating a salary offer or your current compensation at Crestar Bank.

Roanoke's Cost of Living Index is approximately 83.2 (16.8% less expensive than US average; 20.1% less than VA average). Blue Ridge Mountains city, very affordable. Valley Metro. When planning your budget based on a salary from Crestar Bank, consider these typical monthly expenses:

Expense Category	Estimated Monthly Cost	Key Considerations / Notes
Housing (1-BR Apt Rent)	$800 - $1,200+	A significant portion of Crestar Bank salary. Location choices impact this heavily.
Utilities (Basic)	$130 - $220	Electricity, Heating, Cooling, Water etc.
Public Transportation	$40 (Valley Metro monthly pass)	Essential for most commuters; car ownership is costly.
Groceries (Single Person)	$370 - $550	Can be higher with more dining out or specialty stores.
Personal & Leisure	$300 - $600+	Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual)	$350 - $650+	Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes)	$1,990 - $3,220+	This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Crestar Bank

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

The average total compensation for employees at Crestar Bank is approximately $41 per hour. However, this is an aggregate figure, actual salaries can range significantly, typically from $36 to $46 per hour, depending on factors like job role, experience, and location.

2. How much does Crestar Bank pay compared to Xenith Bank a Division of Union Bank & Trust of Richmond Va?

The average annual salary at Crestar Bank is $85,259, or an hourly wage of $41, in comparison to Xenith Bank a Division of Union Bank & Trust of Richmond Va which pays $93,318 per year or $45 per hour.

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

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

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

While some companies offer formal COLA, many, including potentially Crestar Bank, 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 Crestar Bank?

Most companies, likely including Crestar Bank, 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.