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Park State Bank Salary

Park State Bank Salary

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As of August 2026, the average hourly salary for employees at Park State Bank in the United States is $48. This translates to an approximate annual wage of $99,119. Salaries at Park State Bank typically range from $42 to $54 hourly, reflecting the diverse roles and experience levels within the company.
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Is Park State Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Park 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
Pauls Valley National Bank $40
-16.2%
Normalized for lower cost-of-living zones where Pauls Valley National Bank primarily operates.
Liberty Bank Minnesota $42
-11.6%
Reflects market rates for standard general contracting, differing from specialized roles.
Providence Funding Group LLC $51
+6.3%
Data suggests Providence Funding Group LLC's workforce skews heavily towards veteran, high-tenure roles.
Mortgage Refinance Group $58
+21.1%
Reflects structural premiums typical of Mortgage Refinance Group's large-cap national operations.
Financial Services Industry $59
+22.6%
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 Park State Bank and Their Hourly Pay Rates

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

Employee Reviews: Working at Park State Bank

Considering a career at Park 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 ethics hotline ensures accountability without fear of retaliation. The company culture is inclusive and supportive, making it an enjoyable place to work. The work-life balance is respected, and the company encourages innovation. Innovative tools and technology support daily tasks efficiently.
Commented in June 01, 2025
26
3
The commitment to employee development and continuous learning is outstanding, offering numerous avenues for professional growth in a complex industry. Opportunities for internal mobility allow employees to explore different roles. Clients trust us because of our ethical standards and innovative solutions. Documentation is thorough and accessible. This respect for employees’ personal lives is a si...
Commented in April 05, 2025
41
1
Leadership communicates a clear vision, ensuring everyone is aligned with company goals. Processes are well-documented, and expectations are clear. Positive team energy and clear communication make this a productive environment. Communication is formal and usually through official channels. Everyone is focused on improvement—of systems, service, and self.
Commented in April 05, 2025
27
0
It’s a professional and rewarding work environment. A process-oriented company with firm hierarchies. Despite its large size, teams work seamlessly across different divisions and geographical locations.
Commented in September 10, 2024
44
1
Platforms integrate smoothly, eliminating redundant work. The onboarding process is thorough, helping new hires quickly become productive team members. Coworkers are helpful, and managers are encouraging. However, the company doesn’t take many risks, and employee ideas often get stuck in layers of review. Working at this financial services company means being part of a motivated and skilled team.
Commented in January 18, 2024
27
2

Park State Bank Overview

Website
www.parkstatebank.com
Founded In
2015
Employees
25 - 50 employees
Industry
Financial Services
Headquarter Address
1108 Nicollet Mall Minneapolis Minnesota MN 55403
Revenue
$5 Million - $10 Million
Phone Number
+1 6122380430
Social Media
About Park State Bank
Park Financial Group, Inc. is a Minneapolis-based holding company whose subsidiary banks proudly offer customized banking solutions and a client-centric approach to delivering strategic financial solutions. Park Financial Group was ranked one of the top 10 fastest growing companies in Minnesota in 2019 by the Minneapolis/St. Paul Business Journal and its wholly-owned subsidiary, Park State Bank, w

What Benefits Does Park State Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. Park 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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What Is the Cost of Living Near Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Park State Bank.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Park State Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Park State Bank salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Park State Bank

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

The typical salary range for most roles at Park State Bank is approximately from $42 to $54 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 Park State Bank pay compared to Pauls Valley National Bank?

The average annual salary at Park State Bank is $99,119, or an hourly wage of $48, in comparison to Pauls Valley National Bank which pays $83,023 per year or $40 per hour.

3. Do salaries differ significantly between departments at Park State Bank?

Yes, salaries often differ between departments at Park State Bank 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 Park State Bank?

Experience level is a significant factor in determining salary at Park 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.

5. How can I determine if a salary offer from Park State Bank in Minneapolis is fair given the local cost of living?

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

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

An individual's actual salary at Park 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.

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