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McHenry Bancorp Inc Salary

McHenry Bancorp Inc Salary

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As of August 2026, the average annual salary for employees at McHenry Bancorp Inc in the United States is $88,550. This translates to an approximate hourly wage of $43. Salaries at McHenry Bancorp Inc typically range from $77,661 to $100,356 annually, reflecting the diverse roles and experience levels within the company.

How Much Does McHenry Bancorp Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at McHenry Bancorp Inc. Based on our data, the highest paying job is the Executive Vice President & Chief Financial Officer, with an annual salary of $357,368. The table below outlines the annual salary ranges for most popular roles within the company.
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Is McHenry Bancorp Inc’s Pay Competitive? Salary Benchmarking Analysis

How does McHenry Bancorp Inc'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
Santé Ventures $90,038
+1.7%
Indicates identical technical requirements and experience levels between the two firms.
Ihyips $109,457
+23.6%
Reflects a supply-demand imbalance for the specific talent Ihyips targets.
Alliance Capital International Bank $90,839
+2.6%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Ovamba Corp $99,710
+12.6%
Driven by niche technical certifications required for Ovamba Corp's specialized projects.
Financial Services Industry $121,514
+37.2%
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.

How McHenry Bancorp Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at McHenry Bancorp Inc

Considering a career at McHenry Bancorp Inc? 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.
Team collaboration is strong, and every contribution matters. Performance is tracked methodically. The commitment to ethical financial practices here is unwavering, creating a strong sense of pride and trust among the team. Leadership focuses on compliance and control.
Commented in May 07, 2025
12
2
Meditation rooms provide quiet space. Changes happen and improvements are incremental. Team members are helpful and hardworking. We have a strong client-first mentality. Feedback loops are strong, and leadership prioritizes both performance and staff well-being. Leadership is approachable and encourages employees to share ideas and improve processes. Everyone brings their best, which motivates me ...
Commented in August 04, 2024
28
3
Benefits are solid, although pay raises are infrequent. Mentorship programs connect generations of employees. Clear documentation and training make ramp-up manageable. I felt fully integrated within weeks, not months. My experience has been nothing short of positive.
Commented in March 04, 2024
41
0

McHenry Bancorp Inc Overview

Website
www.mchenrysavings.com
Founded In
1955
Employees
<25 employees
Industry
Financial Services
Headquarter Address
353 Bank Dr Mchenry Illinois IL 60050
Revenue
$10 Million - $50 Million
Phone Number
+1 8153853000
Social Media
About McHenry Bancorp Inc
McHenry Bancorp, Inc. operates as a holding company for Mchenry Savings Bank that provides various banking products and services. It offers personal, health savings, business, and commercial accounts; personal online accounts; EZdeposits; personal and commercial CDs and savings; money market products; and sweep accounts The company also provides home equity, consumer, commercial, and construction

What Benefits Does McHenry Bancorp Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. McHenry Bancorp Inc 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 Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at McHenry Bancorp Inc.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from McHenry Bancorp Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of McHenry Bancorp Inc salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of McHenry Bancorp Inc

1. What is the typical salary range (low to high) for most roles at McHenry Bancorp Inc?

The typical annual salary range for most roles at McHenry Bancorp Inc is approximately from $77,661 to $100,356. 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 McHenry Bancorp Inc pay compared to Santé Ventures?

The average annual salary at McHenry Bancorp Inc is $88,550, or an hourly wage of $43, in comparison to Santé Ventures which pays $90,038 per year or $43 per hour.

3. Do salaries differ significantly between departments at McHenry Bancorp Inc?

Yes, salaries often differ between departments at McHenry Bancorp Inc 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 McHenry Bancorp Inc?

Experience level is a significant factor in determining salary at McHenry Bancorp Inc, 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 McHenry Bancorp Inc in Chicago is fair given the local cost of living?

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

6. What factors influence salary increases at McHenry Bancorp Inc?

Salary increases at McHenry Bancorp Inc are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.

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