First Exchange Bank Salary

First Exchange Bank Salary

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As of August 2026, the average hourly salary for employees at First Exchange Bank in the United States is $45. This translates to an approximate annual wage of $92,791. Salaries at First Exchange Bank typically range from $39 to $51 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at First Exchange Bank

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

Is First Exchange Bank’s Pay Competitive? Salary Benchmarking Analysis

How does First Exchange 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
Logan Bank & Trust Co $40
-10.9%
Logan Bank & Trust Co may offer non-monetary perks in lieu of competitive base salaries.
First Commerce Bank $42
-6.4%
Normalized for lower cost-of-living zones where First Commerce Bank primarily operates.
Farmers Bankshares Inc $42
-5.6%
Farmers Bankshares Inc operates with a leaner overhead structure, impacting base wage offers.
Nebraska Diaper Bank $43
-4.5%
Nebraska Diaper Bank likely leverages performance bonuses over the high base salary shown here.
Financial Services Industry $59
+31.0%
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 First Exchange Bank and Their Hourly Pay Rates

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

Employee Reviews: Working at First Exchange Bank

Considering a career at First Exchange 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.
Leadership is present but distant. Feedback is constructive, and leadership remains accessible and empathetic. The use of advanced technology streamlines workflows, enhancing productivity and job satisfaction. High standards and accountability.
Commented in April 21, 2025
47
0
The company actively promotes internal mobility and provides excellent mentorship programs. Benefits, including health insurance and stock options, are excellent. Workload is manageable and performance expectations are clear. Board leadership inspires confidence.
Commented in February 24, 2025
24
3
This is a suitable environment for those who prefer stability and clear structure but can appeal to employees seeking rapid advancement or creative freedom. Social connections develop naturally. Benefits are average. There's a strong focus on innovation and ethical practices.
Commented in December 06, 2024
49
0
There’s limited innovation, but processes run smoothly. Coworkers support each other, leadership is fair, and goals are clearly communicated. I’ve worked here for several years, and the culture has remained strong. The team is respectful and focused. Training is offered it is well organized. Flexible scheduling helps maintain work-life balance.
Commented in June 19, 2024
24
3
A truly empowering work environment. Enjoyable culture and great benefits. Leadership is accessible and genuinely cares about employee well-being. Benefits are average, and work-life balance depends heavily on your department. Strong focus on client satisfaction and success.
Commented in February 28, 2024
43
3

First Exchange Bank Overview

Website
www.firstexchangebank.com
Founded In
1932
Employees
25 - 50 employees
Industry
Financial Services
Headquarter Address
1 Heritage Way White Hall West Virginia WV 26554
Revenue
$10 Million - $50 Million
Phone Number
+1 3045347200
Social Media
About First Exchange Bank
First Exchange Bank is a community bank located in North Central West Virginia, with assets totaling nearly $250 Million. They were founded in 1932 and have made it their mission to create exceptional customer experiences and be a community leader in the areas they serve. With a culture of service that is unmatched, First Exchange Bank has set itself apart as one of the leading community banks in

What Benefits Does First Exchange Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. First Exchange 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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What Is the Cost of Living Near Fairmont?

Understanding the cost of living near Fairmont is key to truly evaluating a salary offer or your current compensation at First Exchange Bank.
Fairmont's Cost of Living Index is approximately 77.8 (22.2% less expensive than US average; 11.1% less than WV average). North Central WV city (Fairmont State), affordable. MCTran. When planning your budget based on a salary from First Exchange Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $650 - $950+ A significant portion of First Exchange Bank salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation Limited local transit Essential for most commuters; car ownership is costly.
Groceries (Single Person) $360 - $530 Can be higher with more dining out or specialty stores.
Personal & Leisure $280 - $550+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $340 - $630+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $1,810 - $2,900+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of First Exchange Bank

1. What is the typical salary range (low to high) for most roles at First Exchange Bank?

The typical salary range for most roles at First Exchange Bank is approximately 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.

2. How much does First Exchange Bank pay compared to Logan Bank & Trust Co?

The average annual salary at First Exchange Bank is $92,791, or an hourly wage of $45, in comparison to Logan Bank & Trust Co which pays $82,707 per year or $40 per hour.

3. Do salaries differ significantly between departments at First Exchange Bank?

Yes, salaries often differ between departments at First Exchange Bank 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. How does experience level affect salary at First Exchange Bank?

Experience level is a significant factor in determining salary at First Exchange Bank, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from First Exchange Bank in Fairmont is fair given the local cost of living?

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

6. Why might an individual's actual salary at First Exchange Bank differ from the ranges shown here?

An individual's actual salary at First Exchange Bank can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.

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