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First PREMIER Bank Salary

First PREMIER Bank Salary

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As of October 2026, the average hourly salary for employees at First PREMIER Bank in the United States is $40. This translates to an approximate annual wage of $84,173. Salaries at First PREMIER Bank typically range from $35 to $46 hourly, reflecting the diverse roles and experience levels within the company.
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Is First PREMIER Bank’s Pay Competitive? Salary Benchmarking Analysis

How does First PREMIER 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
Trshc Holdings LLC $42
+4.8%
Reflects structural premiums typical of Trshc Holdings LLC's large-cap national operations.
Centura Toronto $40
-0.3%
Confirms Centura Toronto is a direct competitor vying for the exact same talent pool.
5B Investments Inc $39
-3.2%
Normalized for lower cost-of-living zones where 5B Investments Inc primarily operates.
xmlVillas on Fir Holdings LLC $43
+5.6%
Influenced by prevailing union wage agreements specific to xmlVillas on Fir Holdings LLC's sector.
Financial Services Industry $59
+44.4%
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 PREMIER Bank and Their Hourly Pay Rates

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

Employee Reviews: Working at First PREMIER Bank

Considering a career at First PREMIER 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 firm offers good job security and structured roles but limited flexibility. Workload is fair and deadlines are usually reasonable. This firm stands out for its employee-centric. Processes are well defined but can hinder flexibility and innovation.
Commented in May 05, 2025
8
1
Coworkers are sharp, driven, and always willing to help. It’s a solid place for those valuing routine over fast-paced or innovative work environments. Fertility benefits show understanding of modern needs. Natural light floods the workspace. Coworkers collaborate well and share knowledge. Flexible scheduling and remote work options demonstrate trust in employees' professionalism. Great mentorship ...
Commented in October 29, 2024
37
0
The company balances innovation and risk with care, which I greatly respect. Communication across departments is inconsistent. Employees seeking stability and a clear framework will find this workplace suitable, but it can appeal to those wanting a fast-moving, entrepreneurial atmosphere. Some departments feel isolated.
Commented in August 04, 2024
39
3
Work-life balance varies by team and manager support. Great company culture that fosters openness and honesty. Tasks are repetitive but manageable. Competitive compensation and strong career growth.
Commented in June 21, 2024
50
1
The culture favors maintaining existing processes over innovation. There’s clear communication, opportunities for internal advancement, and strong mentorship programs. Strong focus on client satisfaction and success. It's a dynamic place to grow professionally in the financial services sector. Projects are interesting and relevant.
Commented in January 14, 2024
36
2

First PREMIER Bank Overview

Website
www.premiercreditcard.com
Founded In
1929
Employees
50 - 100 employees
Industry
Financial Services
Headquarter Address
3820 N Louise Ave Sioux Falls South Dakota SD 57107
Revenue
$5 Million - $10 Million
Phone Number
-
Social Media
About First PREMIER Bank
We are one of the top 20 issuers of Mastercard® credit cards in the country, having served millions of customers nationwide, and a four time recipient of Mastercard's coveted Performance Excellence Award. First PREMIER Bank was established in 1929 and is located in Sioux Falls, South Dakota. We are a registered member of the Better Business Bureau and a member of the FDIC (Federal Deposit Insuranc

What Benefits Does First PREMIER Bank Offer Beyond Salary?

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

Understanding the cost of living near Sioux Falls is key to truly evaluating a salary offer or your current compensation at First PREMIER Bank.
Sioux Falls' Cost of Living Index is approximately 90.5 (9.5% less expensive than US average; 3.0% less than SD average). Largest SD city, financial/healthcare hub, affordable housing. SAM bus. When planning your budget based on a salary from First PREMIER Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $900 - $1,400+ A significant portion of First PREMIER Bank salary. Location choices impact this heavily.
Utilities (Basic) $110 - $200 Electricity, Heating, Cooling, Water etc.
Public Transportation $30 (SAM monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $570 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $680+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,150 - $3,500+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of First PREMIER Bank

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

First PREMIER Bank pays its employees an average of $40 per hour. The average salary at First PREMIER Bank range from $35 to $46 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 PREMIER Bank employees get a higher salary than its peer company?

The salary at First PREMIER Bank is lesser than its peer company. The average annual salary at First PREMIER Bank is $84,173, or an hourly wage of $40, in comparison to Trshc Holdings LLC which pays $88,223 per year or $42 per hour.

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

Salary progression with years of experience at First PREMIER 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.

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

Yes, it's very likely that salaries at First PREMIER 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 Sioux Falls section provides more context.

5. Does First PREMIER Bank offer good benefits?

First PREMIER 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 First PREMIER Bank" section on this page.

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