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First Place Bank 5 Salary

First Place Bank 5 Salary

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As of August 2026, the average hourly salary for employees at First Place Bank 5 in the United States is $42. This translates to an approximate annual wage of $87,137. Salaries at First Place Bank 5 typically range from $37 to $47 hourly, reflecting the diverse roles and experience levels within the company.
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Is First Place Bank 5’s Pay Competitive? Salary Benchmarking Analysis

How does First Place Bank 5'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
htmlNational City Bank $44
+4.7%
Reflects structural premiums typical of htmlNational City Bank's large-cap national operations.
Bank Texas $43
+3.0%
Influenced by prevailing union wage agreements specific to Bank Texas's sector.
Norwest Bank Texas Midland $40
-4.6%
Norwest Bank Texas Midland focuses strategically on recruiting and training entry-level apprentices.
Keith Hollie - Mortgage Banker, NMLS# 424998 - Bank of Texas Mortgage $43
+3.6%
Adjusted for higher cost-of-living indices in Keith Hollie - Mortgage Banker, NMLS# 424998 - Bank of Texas Mortgage's primary metro hubs.
Financial Services Industry $59
+39.5%
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 First Place Bank 5 and Their Hourly Pay Rates

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at First Place Bank 5. Click a company name to learn more.

Employee Reviews: Working at First Place Bank 5

Considering a career at First Place Bank 5? 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.
Competitive benefits package supports health and retirement. My experience has been nothing short of positive. Everyone’s role feels meaningful and respected. Wellness programs, including mental health resources and fitness reimbursements, show genuine care for employee wellbeing. Even with employees, there’s a strong sense of alignment, and executives are approachable and communicative. The benef...
Commented in March 04, 2025
42
2
Management makes sure to acknowledge efforts and achievements, which is highly motivating for staff. What stands out is the mutual respect among colleagues at all levels. They really consider what employees need for security and peace of mind these days. There’s a strong team spirit and commitment to excellence. Work arrangements are flexible, with excellent remote work options.
Commented in March 02, 2025
41
0
Their commitment to ethical investing and supporting philanthropic initiatives demonstrates a broader vision beyond just financial returns. Performance reviews are regular but somewhat generic. The ethics hotline ensures accountability without fear of retaliation. Upper management is professional it is visible. Leadership encourages creative problem-solving and regularly implements employee sugge...
Commented in January 17, 2024
46
3

First Place Bank 5 Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
25 - 50 employees
Industry
Financial Services
Headquarter Address
5 W Mckinley Way Youngstown Ohio OH 44514
Revenue
$5 Million - $10 Million
Phone Number
+1 3307263396
Social Media
About First Place Bank 5
First Place Bank 5 is a company that operates in the Financial Services industry. It employs 21-50 people and has $5M-$10M of revenue. The company is headquartered in Youngstown, Ohio.

What Benefits Does First Place Bank 5 Offer Beyond Salary?

A competitive compensation package is more than just a salary. First Place Bank 5 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)
Work at First Place Bank 5?
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What Is the Cost of Living Near Youngstown?

Understanding the cost of living near Youngstown is key to truly evaluating a salary offer or your current compensation at First Place Bank 5.
Youngstown's Cost of Living Index is approximately 73.5 (26.5% less expensive than US average; 19.1% less than OH average). NE OH city, former steel town, extremely affordable. WRTA. When planning your budget based on a salary from First Place Bank 5, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $600 - $900+ A significant portion of First Place Bank 5 salary. Location choices impact this heavily.
Utilities (Basic) $160 - $260 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (WRTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $340 - $500 Can be higher with more dining out or specialty stores.
Personal & Leisure $250 - $500+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $330 - $620+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $1,720 - $2,780+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of First Place Bank 5

1. How much does First Place Bank 5 in the United States pay?

First Place Bank 5 pays its employees an average of $42 per hour. The average salary at First Place Bank 5 range from $37 to $47 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. Do First Place Bank 5 employees get a higher salary than its peer company?

The salary at First Place Bank 5 is lesser than its peer company. The average annual salary at First Place Bank 5 is $87,137, or an hourly wage of $42, in comparison to htmlNational City Bank which pays $91,230 per year or $44 per hour.

3. How much does salary increase with years of experience at First Place Bank 5?

Salary progression with years of experience at First Place Bank 5 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.

4. Do salaries at First Place Bank 5 vary by office location?

Yes, it's very likely that salaries at First Place Bank 5 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 Youngstown section provides more context.

5. Does First Place Bank 5 offer good benefits?

First Place Bank 5 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 First Place Bank 5" section on this page.

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