Old Dominion Trust Co Salary

As of August 2026, the average hourly salary for employees at Old Dominion Trust Co in the United States is $45. This translates to an approximate annual wage of $92,759. Salaries at Old Dominion Trust Co typically range from $39 to $51 hourly, reflecting the diverse roles and experience levels within the company.
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Is Old Dominion Trust Co’s Pay Competitive? Salary Benchmarking Analysis

How does Old Dominion Trust Co'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
Wealth Matrix Financial $42
-6.5%
Wealth Matrix Financial focuses strategically on recruiting and training entry-level apprentices.
Nhs Financial Inc $46
+2.1%
Confirms Nhs Financial Inc is a direct competitor vying for the exact same talent pool.
Integrated Market Solutions $44
-0.5%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Hawker Jet Holdings LLC $44
-2.1%
Indicates identical technical requirements and experience levels between the two firms.
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.

Employee Reviews: Working at Old Dominion Trust Co

Considering a career at Old Dominion Trust Co? 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.
Meetings are regular and productive, though they can feel repetitive. Management is fair and consistent. The workload varies but generally remains manageable. The systems in place support success.
This company trusts its employees. It’s a place where careers flourish, and contributions truly matter. Flexible hours and remote work options enhance work-life balance.
Teams work collaboratively to meet goals. It feels like a true partnership working towards common goals for our clients. Strong focus on innovation and results.
The pace is fast, but the company ensures you’re not overwhelmed. This leadership style brings out my best work. Management is transparent, goals are realistic, and feedback is welcomed. Overall, it’s a dynamic workplace where dedication and results are recognized and rewarded. Technology platforms are advanced, making workflows efficient and data-driven. Competitive benefits package supports heal...
The company supports ethical practices but doesn’t always recognize individual achievements. The organization is a good fit for individuals seeking predictability rather than fast growth or change. Workload is steady, and systems are reliable. Colleagues are smart and helpful. Cultural awareness training is meaningful, not just checkbox compliance.

Old Dominion Trust Co Overview

Website
www.olddominiontrust.com
Founded In
1997
Employees
100 - 200 employees
Industry
Financial Services
Headquarter Address
100 E Main St Norfolk Virginia VA 23510
Revenue
$10 Million - $50 Million
Phone Number
+1 7576224466
Social Media
About Old Dominion Trust Co
Old Dominion Trust Co is a company that operates in the Financial Services industry. It employs 101-250 people and has $25M-$50M of revenue. The company is headquartered in Norfolk, Virginia.

What Benefits Does Old Dominion Trust Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Old Dominion Trust Co 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 Norfolk?

Understanding the cost of living near Norfolk is key to truly evaluating a salary offer or your current compensation at Old Dominion Trust Co.
Norfolk's Cost of Living Index is approximately 95.3 (4.7% less expensive than US average; 8.5% less than VA average). Hampton Roads city, major naval base, historic, affordable housing. HRT bus/light rail/ferry. When planning your budget based on a salary from Old Dominion Trust Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,100 - $1,600+ A significant portion of Old Dominion Trust Co salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (HRT monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $580 Can be higher with more dining out or specialty stores.
Personal & Leisure $360 - $680+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,440 - $3,780+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Old Dominion Trust Co

1. What is the typical salary range (low to high) for most roles at Old Dominion Trust Co?

The typical salary range for most roles at Old Dominion Trust Co 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 Old Dominion Trust Co pay compared to Wealth Matrix Financial?

The average annual salary at Old Dominion Trust Co is $92,759, or an hourly wage of $45, in comparison to Wealth Matrix Financial which pays $86,736 per year or $42 per hour.

3. How does experience level affect salary at Old Dominion Trust Co?

Experience level is a significant factor in determining salary at Old Dominion Trust Co, 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 Old Dominion Trust Co in Norfolk is fair given the local cost of living?

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

5. What are the key factors that influence salary levels at Old Dominion Trust Co?

Several key factors influence salary levels at Old Dominion Trust Co. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Old Dominion Trust Co likely benchmarks its salaries against other companies in the Financial Services sector. You can explore how these factors play out in our detailed salary data.