Where is Palmyra State Bank located?

Palmyra State Bank is headquartered in Palmyra, Wisconsin, but may have operations in other locations within the Financial Services sector.

What does Palmyra State Bank do?

According to the company's overview, Palmyra State Bank is a company that operates in the Financial Services industry.

What industry is Palmyra State Bank in?

Palmyra State Bank operates in the Financial Services industry.

Palmyra State Bank Hourly Pay Rate & Wages

Palmyra State Bank Salary

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Salary at Palmyra State Bank

Current Job Openings at Palmyra State Bank

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

Is Palmyra State Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Palmyra State 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
Jonah Wealth Management	$42	-4.3%	Jonah Wealth Management likely leverages performance bonuses over the high base salary shown here.
Bankers Funding Inc	$50	+14.0%	Driven by niche technical certifications required for Bankers Funding Inc's specialized projects.
Sweat Holdings Inc	$48	+10.4%	Reflects a supply-demand imbalance for the specific talent Sweat Holdings Inc targets.
Apex Capital Holdings LLC	$52	+19.5%	Supported by Apex Capital Holdings LLC's high-margin contracts allowing higher overhead.
Financial Services Industry	$59	+33.9%	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 Palmyra State Bank and Their Hourly Pay Rates

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

Jonah Wealth Management

$42 / hour

Salary Range: $37 - $47

Casper, WY

Bankers Funding Inc

$50 / hour

Salary Range: $44 - $56

Rockville, MD

Sweat Holdings Inc

$48 / hour

Salary Range: $42 - $55

Trenton, NJ

Apex Capital Holdings LLC

$52 / hour

Salary Range: $46 - $59

New York City, NY

Florida Arm Holding LLC

$52 / hour

Salary Range: $46 - $59

Glendale, CA

Wood Trust Bank

$42 / hour

Salary Range: $37 - $48

Wisconsin Rapids, WI

Private Bank in , WI

$45 / hour

Salary Range: $39 - $51

Milwaukee, WI

Family Bank

$40 / hour

Salary Range: $35 - $46

Pelham, GA

Peotone Bank & Trust

$46 / hour

Salary Range: $40 - $52

Monee, IL

Employee Reviews: Working at Palmyra State Bank

Considering a career at Palmyra State 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 work is challenging in the best way, and management recognizes effort. I value the transparent leadership and supportive management style within this company. My manager is approachable, and the professional development budget actually gets used. Employees are given meaningful responsibilities, fostering professional growth. Competitors respect our work. Thoughtful placement reduces daily stre...

Commented in February 24, 2025

37

2

Career aspirations are discussed openly. Touches like quality coffee and fresh fruit make a difference. Working at this financial services firm has been transformative for my career. Management is formal and reserved.

Commented in February 11, 2025

46

2

Tuition reimbursement supports continuing education. Projects are well-managed and feedback is constructive. This flexibility has improved my productivity and work-life harmony. It’s a high-performance, high-integrity workplace.

Commented in November 10, 2024

49

3

Leadership listens and responds quickly. I’m constantly learning and proud to be part of such a trusted institution. It’s a great environment for career-minded professionals. Follow-up check-ins ensure smooth transitions.

Commented in January 19, 2024

18

1

What Benefits Does Palmyra State Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. Palmyra State 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)

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How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

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What Is the Cost of Living Near Madison?

Understanding the cost of living near Madison is key to truly evaluating a salary offer or your current compensation at Palmyra State Bank.

Madison's Cost of Living Index is approximately 100.8 (0.8% more expensive than US average; 6.3% more than WI average). State capital (Univ. of WI), desirable, housing costs near US avg. Metro Transit. When planning your budget based on a salary from Palmyra State Bank, 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 Palmyra State Bank salary. Location choices impact this heavily.
Utilities (Basic)	$120 - $210	Electricity, Heating, Cooling, Water etc.
Public Transportation	$65 (Metro monthly pass, free for UW)	Essential for most commuters; car ownership is costly.
Groceries (Single Person)	$410 - $600	Can be higher with more dining out or specialty stores.
Personal & Leisure	$400 - $730+	Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual)	$380 - $700+	Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes)	$2,575 - $3,945+	This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Palmyra State Bank

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

The typical salary range for most roles at Palmyra State Bank is approximately from $38 to $49 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 Palmyra State Bank pay compared to Jonah Wealth Management?

The average annual salary at Palmyra State Bank is $90,744, or an hourly wage of $44, in comparison to Jonah Wealth Management which pays $86,873 per year or $42 per hour.

3. How does experience level affect salary at Palmyra State Bank?

Experience level is a significant factor in determining salary at Palmyra State 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 Palmyra State Bank in Madison is fair given the local cost of living?

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

5. Why might an individual's actual salary at Palmyra State Bank differ from the ranges shown here?

An individual's actual salary at Palmyra State Bank can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.