Old Second Bancorp Inc Salary

As of August 2026, the average hourly salary for employees at Old Second Bancorp Inc in the United States is $55. This translates to an approximate annual wage of $113,591. Salaries at Old Second Bancorp Inc typically range from $48 to $62 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Old Second Bancorp Inc

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Is Old Second Bancorp Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Old Second 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
National Penn Bancshares Inc $52
-4.5%
Reflects market rates for standard general contracting, differing from specialized roles.
Customer Assistance Group $52
-4.2%
Typical compensation structure for smaller regional agencies like Customer Assistance Group.
Canandaigua National Corp $50
-8.5%
Canandaigua National Corp operates with a leaner overhead structure, impacting base wage offers.
American National Bank of Texas $50
-8.1%
American National Bank of Texas likely leverages performance bonuses over the high base salary shown here.
Financial Services Industry $59
+7.0%
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 Second Bancorp Inc

Considering a career at Old Second 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.
It’s a place where you can build a meaningful, long-term career. I feel like my contributions are recognized and valued regularly. Decisions happen without bureaucracy. I’ve had access to great training programs and mentorship. Ramp-up periods are realistic.
I’ve grown both personally and professionally here, and I highly recommend it to anyone seeking a rewarding career in finance. That makes it easier to stay motivated and proud of the work we do every day. Management is transparent, goals are realistic, and feedback is welcomed.
From peer-to-peer praise to leadership shout-outs, effort doesn’t go unnoticed. Administrative support is exceptional. Dual monitors are standard. You’re surrounded by experts who are happy to share their knowledge. Everyone has clearly defined roles and boundaries. Institutional knowledge isn't siloed with individuals. It’s an energizing place to work and thrive. Leadership is respectful but main...
Processes are well defined but can hinder flexibility and innovation. Benefits are average. The environment is inclusive and diverse, which enriches teamwork and innovation. Clients trust us because we deliver results with integrity. Paid volunteer time allows us to give back meaningfully.

Old Second Bancorp Inc Overview

Website
www.oldsecond.com
Founded In
Data pending, update soon.
Employees
500 - 1,000 employees
Industry
Financial Services
Headquarter Address
37 S River St Aurora Illinois IL 60506
Revenue
$50 Million - $200 Million
Phone Number
+1 6303778966
Social Media

What Benefits Does Old Second Bancorp Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Old Second 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 Aurora?

Understanding the cost of living near Aurora is key to truly evaluating a salary offer or your current compensation at Old Second Bancorp Inc.
Aurora's Cost of Living Index is approximately 96.7 (3.3% less expensive than US average; 3.0% more than IL average). Large Chicago suburb, more affordable housing than closer-in suburbs. Pace bus, Metra rail. When planning your budget based on a salary from Old Second Bancorp Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,200 - $1,700+ A significant portion of Old Second Bancorp Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation Pace/Metra (varies by zone) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $590 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,530 - $3,880+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Old Second Bancorp Inc

1. What is the average salary for employees at Old Second Bancorp Inc?

The average total compensation for employees at Old Second Bancorp Inc is approximately $55 per hour. However, this is an aggregate figure, actual salaries can range significantly, typically from $48 to $62 per hour, depending on factors like job role, experience, and location.

2. How much does Old Second Bancorp Inc pay compared to National Penn Bancshares Inc?

The average annual salary at Old Second Bancorp Inc is $113,591, or an hourly wage of $55, in comparison to National Penn Bancshares Inc which pays $108,433 per year or $52 per hour.

3. What is the lowest salary at Old Second Bancorp Inc?

The lowest-paying job at Old Second Bancorp Inc is a Chief Audit Executive with a salary of $122 per hour. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Old Second Bancorp Inc?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Old Second Bancorp Inc for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Old Second Bancorp Inc offer cost-of-living adjustments (COLA) for employees in high-cost areas like Aurora?

While some companies offer formal COLA, many, including potentially Old Second Bancorp Inc, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at Old Second Bancorp Inc?

Most companies, likely including Old Second Bancorp Inc, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.