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Erin Banks Salary

Erin Banks Salary

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As of August 2026, the average hourly salary for employees at Erin Banks in the United States is $45. This translates to an approximate annual wage of $94,194. Salaries at Erin Banks typically range from $40 to $51 hourly, reflecting the diverse roles and experience levels within the company.
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Is Erin Banks’s Pay Competitive? Salary Benchmarking Analysis

How does Erin Banks'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
More than Your Money Inc $46
+0.9%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
MV Bank Inc $50
+10.1%
Data suggests MV Bank Inc's workforce skews heavily towards veteran, high-tenure roles.
Wachovia Bank, National Association, as Successor in Interest to State Street Bank and T $44
-2.1%
Suggests Wachovia Bank, National Association, as Successor in Interest to State Street Bank and T utilizes a highly similar base-plus-benefits compensation model.
One West Bank $50
+10.5%
Reflects structural premiums typical of One West Bank's large-cap national operations.
Financial Services Industry $59
+29.0%
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 Erin Banks and Their Hourly Pay Rates

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

Employee Reviews: Working at Erin Banks

Considering a career at Erin Banks? 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.
Flexible scheduling helps maintain work-life balance. The company fosters a collaborative and inclusive environment where every employee feels valued. Professional membership fees are covered. Laptops refresh on a regular cycle.
Commented in April 24, 2025
48
2
They're approachable, transparent, and genuinely care about employee well-being, which makes a huge difference in daily work life. Training on new software is readily available, making transitions smooth. However, the company doesn’t take many risks, and employee ideas often get stuck in layers of review. Internal mobility is actively encouraged. Leadership is visionary, always pushing for innovat...
Commented in March 07, 2025
31
0
Corporate communications are professional yet engaging. Career development is prioritized at all levels, with many leaders having grown internally. Transparent leadership and well-organized processes create a positive experience. Training is available but sometimes lacks depth. The company provides a consistent work environment with reliable benefits but limited autonomy.
Commented in March 04, 2025
50
0
Working here has exceeded all my expectations. Communication between teams is formal, sometimes causing delays. Management fosters an incredibly supportive environment where asking questions is encouraged and learning from experienced colleagues is a daily occurrence. Employees understand how their role contributes. It’s a stable, future-forward company with a strong industry presence. Management ...
Commented in January 02, 2025
29
1
The company's reputation in the industry is stellar, providing pride in our work. Career development exists and dependent on seniority. Interaction with leadership is rare. Cross-functional teams collaborate effectively on complex issues. Work is structured and relatively stress-free.
Commented in January 03, 2024
23
3

Erin Banks Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
25 - 50 employees
Industry
Financial Services
Headquarter Address
8921 Three Chopt Rd Richmond Virginia VA 23229
Revenue
$10 Million - $50 Million
Phone Number
+1 8042859416
Social Media
About Erin Banks
Erin Banks is a company that operates in the Financial Services industry. It employs 21-50 people and has $10M-$25M of revenue. The company is headquartered in Richmond, Virginia.

What Benefits Does Erin Banks Offer Beyond Salary?

A competitive compensation package is more than just a salary. Erin Banks 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 Richmond?

Understanding the cost of living near Richmond is key to truly evaluating a salary offer or your current compensation at Erin Banks.
Richmond's Cost of Living Index is approximately 95.8 (4.2% less expensive than US average; 8.0% less than VA average). State capital, historic, arts/food scene, affordable housing. GRTC bus. When planning your budget based on a salary from Erin Banks, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,100 - $1,600+ A significant portion of Erin Banks salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (GRTC monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $580 Can be higher with more dining out or specialty stores.
Personal & Leisure $380 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,440 - $3,790+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Erin Banks

1. What is the estimated average total compensation at Erin Banks?

Salary.com estimates that the average total compensation package at Erin Banks, which can include base salary, potential bonuses, and benefits, is around $45 per hour . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Erin Banks pay compared to More than Your Money Inc?

The average annual salary at Erin Banks is $94,194, or an hourly wage of $45, in comparison to More than Your Money Inc which pays $95,027 per year or $46 per hour.

3. What's the typical salary progression for an employee moving from an entry-level to a senior role at Erin Banks?

Salary progression from an entry-level to a senior role at Erin Banks 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.

4. How can I determine if a salary offer from Erin Banks in Richmond is fair given the local cost of living?

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

5. Are promotions at Erin Banks usually accompanied by a significant salary increase?

Yes, promotions at Erin Banks 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.

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