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Paramount Bank Salary

Paramount Bank Salary

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As of October 2026, the average hourly salary for employees at Paramount Bank in the United States is $41. This translates to an approximate annual wage of $85,708. Salaries at Paramount Bank typically range from $36 to $47 hourly, reflecting the diverse roles and experience levels within the company.

How Much Does Paramount Bank Pay for Different Roles?

Explore detailed salary information for specific jobs at Paramount Bank. Based on our data, the highest paying job is the Business Anaylst, with an hourly wage of $66. The table below outlines the hourly wage ranges for most popular roles within the company.

Digital Services Specialist

$17 / hour

Salary Range: $15 - $19

Security Services

Contact Center Agent

$42 / hour

Salary Range: $36 - $48

Sales

Fraud and Security Specialist

$44 / hour

Salary Range: $38 - $51

Security Services

Digital Support Agent

$34 / hour

Salary Range: $30 - $38

Construction

Business Anaylst

$66 / hour

Salary Range: $55 - $75

Library

Digital Banking Agent

$34 / hour

Salary Range: $30 - $38

Construction

Turn Insight into Opportunity: Current Job Openings

Ready for your next career move? Explore current job openings at Paramount Bank.
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About Paramount Bank: Company Profile

Website
www.paramountbank.com
Founded In
1970
Employees
100 - 200 employees
Industry
Financial Services
Headquarter Location
SAINT LOUIS
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About PARAMOUNT BANK
Founded in 1970, Paramount Bank is a full service, independent bank specializing in originating, underwriting and funding residential mortgage loans. Our headquarters is in St. Louis, Missouri and we can lend in all 50 states. Paramount provides Fannie Mae, Freddie Mac, FHA, VA, 203(K), USDA, reverse mortgages as well as a full suite of jumbo and other portfolio loan products and programs. By proc

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Paramount Bank's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
Employees are encouraged to take initiative and recognized for their efforts regularly. Working with skilled peers elevates everyone's performance. Managers regularly assess team capacity. Flexible hours and remote work options enhance work-life balance. The leadership team is professional and approachable.
Commented in May 08, 2025
45
0
Community involvement is a point of pride. The leadership team at this financial institution is truly inspiring. Work-life balance depends on project deadlines. Benefits cover basic needs but aren’t particularly generous compared to industry leaders.
Commented in March 06, 2025
30
0
My contributions are acknowledged, and my well-being is a genuine priority for leadership. Job roles are clearly defined, but cross-training is rare. Performance reviews are fair and developmental. Compensation and benefits are competitive, including strong retirement plans and wellness programs. The team culture promotes growth and recognizes contributions. Clients trust us because of our ethical...
Commented in December 11, 2024
17
1
Working here has exceeded my expectations. There’s a strong team dynamic that drives results without sacrificing morale. Mental health coverage is robust. I appreciate the company’s commitment to ethical practices and client satisfaction, making it a rewarding place to grow professionally.
Commented in August 11, 2024
50
0
Corporate communications are professional yet engaging. Communication across the company is clear and consistent. Despite its large size, teams work seamlessly across different divisions and geographical locations.
Commented in January 28, 2024
33
0

How Paramount Bank's Salaries Compare to Similar Companies?

The data below provides a snapshot of what comparable firms are paying, offering crucial context for evaluating Paramount Bank’s pay competitiveness. Click on a company for a deeper dive.

Is Paramount Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Paramount 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
PARTNERS IN MORTGAGE $43
+3.8%
Supported by PARTNERS IN MORTGAGE's high-margin contracts allowing higher overhead.
PAWN DOG $44
+6.6%
Data suggests PAWN DOG's workforce skews heavily towards veteran, high-tenure roles.
PADGEN INSTITUTE $39
-4.9%
Normalized for lower cost-of-living zones where PADGEN INSTITUTE primarily operates.
PACEFG $41
-1.5%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Financial Services Industry $59
+41.8%
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.

What Is the Cost of Living Near Saint Louis?

Understanding the cost of living near Saint Louis is key to truly evaluating a salary offer or your current compensation at Paramount Bank.
Saint Louis' Cost of Living Index is approximately 83.8 (16.2% less expensive than US average; 5.8% less than MO average). Major city, Gateway Arch, affordable housing, MetroLink/Bus. When planning your budget based on a salary from Paramount Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $900 - $1,400+ A significant portion of Paramount Bank salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $78 (Metro monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $680+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $670+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,208 - $3,548+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Paramount Bank

FAQ 1: How much does a Paramount Bank employee make?
Paramount Bank pays its employees an average of $41 per hour. The average salary at Paramount Bank range from $36 to $47 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.
FAQ 2: Which similar company tend to pay more or less than Paramount Bank?
The salary at Paramount Bank is lesser than the similar company. The average annual salary at Paramount Bank is $85,708, or an hourly wage of $41, in comparison to PARTNERS IN MORTGAGE which pays $89,000 per year or $43 per hour.
FAQ 3: Do employees with advanced degrees (Master's, PhD) earn more at Paramount Bank?
In many roles at Paramount Bank, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.
FAQ 4: How does the cost of living near Saint Louis affect the perceived value of a Paramount Bank salary?
Saint Louis' Cost of Living Index is approximately 83.8 (16.2% less expensive than US average; 5.8% less than MO average). This significantly impacts the purchasing power of a salary from Paramount Bank based there. Our "Cost of Living Insights for Saint Louis" module details this impact, helping you assess the 'real feel' value of your compensation.
FAQ 5: What kind of benefits does Paramount Bank typically offer employees?
Paramount Bank generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Paramount Bank" section on this page.

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