Freestar Bank Salary

Freestar Bank Salary

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As of August 2026, the average hourly salary for employees at Freestar Bank in the United States is $45. This translates to an approximate annual wage of $93,086. Salaries at Freestar 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 Freestar Bank

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

Is Freestar Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Freestar 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
ARB Trading Group $50
+10.7%
Reflects structural premiums typical of ARB Trading Group's large-cap national operations.
All Bank $44
-2.1%
Suggests All Bank utilizes a highly similar base-plus-benefits compensation model.
Landmark Bank Durant West $46
+2.1%
Confirms Landmark Bank Durant West is a direct competitor vying for the exact same talent pool.
First National Bank & Trust of Ardmore $43
-4.3%
First National Bank & Trust of Ardmore likely leverages performance bonuses over the high base salary shown here.
Financial Services Industry $59
+30.5%
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 Freestar Bank and Their Hourly Pay Rates

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

Employee Reviews: Working at Freestar Bank

Considering a career at Freestar 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.
Work is organized and predictable, with standard benefits and fair compensation. Time limits are respected. A dynamic and forward-thinking financial services firm. It’s dependable, though it lacks the spontaneity or challenge that some might be looking for.
Commented in May 23, 2025
9
0
Great company culture that fosters openness and honesty. I’ve experienced steady growth and feel well supported by management. There’s limited innovation, but processes run smoothly.
Commented in November 16, 2024
23
0
Ethical practices are paramount. Everyone here holds themselves to a high standard. Spot bonuses reward exceptional work. Employees are given meaningful responsibilities, fostering professional growth. Change management is handled transparently. HR responds to inquiries quickly. The company is stable but lacks a dynamic culture. Total rewards packages are competitive within our sector.
Commented in July 01, 2024
24
0
There’s clear communication, opportunities for internal advancement, and strong mentorship programs. My time here has been filled with growth, learning, and valuable connections. The company ensures steady employment with standard benefits, though the work can be repetitive.
Commented in February 16, 2024
39
0

Freestar Bank Overview

Website
www.freestarbank.com
Founded In
1934
Employees
100 - 200 employees
Industry
Financial Services
Headquarter Address
223 N Mill St Pontiac Illinois IL 61764
Revenue
$10 Million - $50 Million
Phone Number
+1 8158443171
Social Media
About Freestar Bank
At FREESTAR Bank we are committed to helping our employees make sure that "Life keeps getting better. We know you have life away from work. That is why we provide benefits to keep you and your family healthy, to help you plan for retirement and to help you achieve the perfect level of work and life balance.

What Benefits Does Freestar Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. Freestar 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 Freestar Bank?
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What Is the Cost of Living Near Detroit?

Understanding the cost of living near Detroit is key to truly evaluating a salary offer or your current compensation at Freestar Bank.
Detroit's Cost of Living Index is approximately 97.6 (2.4% less expensive than US average; 6.9% more than MI average). Housing varies extremely by neighborhood (very cheap to expensive gentrified), overall costs can be low. DDOT/SMART bus, QLine. When planning your budget based on a salary from Freestar Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $800 - $1,500+ (Highly variable) A significant portion of Freestar Bank salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (DDOT/SMART 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 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,130 - $3,660+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Freestar Bank

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

The typical salary range for most roles at Freestar 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 Freestar Bank pay compared to ARB Trading Group?

The average annual salary at Freestar Bank is $93,086, or an hourly wage of $45, in comparison to ARB Trading Group which pays $103,054 per year or $50 per hour.

3. How does experience level affect salary at Freestar Bank?

Experience level is a significant factor in determining salary at Freestar 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.

4. How can I determine if a salary offer from Freestar Bank in Detroit is fair given the local cost of living?

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

5. Are the salaries listed for Freestar Bank on Salary.com pre-tax or after-tax?

All salary figures displayed for Freestar Bank, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.

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