Premier Banks Salary

As of August 2026, the average hourly salary for employees at Premier Banks in the United States is $50. This translates to an approximate annual wage of $103,180. Salaries at Premier Banks typically range from $43 to $56 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Premier Banks

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Is Premier Banks’s Pay Competitive? Salary Benchmarking Analysis

How does Premier Banks'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
First National Bank of NWA $41
-17.6%
First National Bank of NWA likely leverages performance bonuses over the high base salary shown here.
OceanFirst Bank NA $50
+0.6%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Biomass Enhanced Solutions Holdings $50
+0.8%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Sml Holding Of St Paul Inc $50
-0.2%
Suggests Sml Holding Of St Paul Inc utilizes a highly similar base-plus-benefits compensation model.
Financial Services Industry $59
+17.8%
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.

Employee Reviews: Working at Premier Banks

Considering a career at Premier Banks? 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 conventional corporate environment, best suited to those who prefer consistency over fast-paced or innovation-heavy environments. Employee satisfaction is decent, though recognition programs are limited. There’s a strong team dynamic that drives results without sacrificing morale. This financial services company has mastered the art of maintaining work-life balance in a high-performance env...
Internal transfers are possible but usually take time to approve and implement. leadership helps set realistic and exciting growth plans. Respectful colleagues create a friendly atmosphere. It’s a steady job, and it is somehow one that fosters creativity. Management is generally supportive to respond to concerns. High employee morale and strong engagement.
Excellent opportunities for career advancement and skill development. A strong emphasis on client service drives excellence. In the fast-paced financial industry, this company excels at promoting work-life balance.
From certification programs to sponsored conferences, I’ve had so many chances to learn. This balance makes the work incredibly engaging and fulfilling, accelerating my professional development in the financial sector significantly. For an organization of employees, maintaining such a high standard of integrity and trust is commendable. Tasks are repetitive but manageable. Operations are seamless...
The collaborative environment here is exceptional. I've never felt siloed - everyone shares knowledge willingly. The firm’s commitment to corporate responsibility—from sustainability to community initiatives—adds deeper meaning to our daily work. Employee resource groups foster connections beyond work responsibilities. Anniversary celebrations acknowledge tenure milestones.

Premier Banks Overview

Website
www.premierbanks.com
Founded In
1995
Employees
100 - 200 employees
Industry
Financial Services
Headquarter Address
2866 White Bear Ave N Maplewood Minnesota MN 55109
Revenue
$10 Million - $50 Million
Phone Number
+1 6517777700
Social Media
About Premier Banks
Premier Bank, a locally owned community bank offers personal and business banking products including checking, savings, loans, mortgages, CDs, IRAs, cards and other bank services. Premier Banks operates 20 offices throughout Minnesota.

What Benefits Does Premier Banks Offer Beyond Salary?

A competitive compensation package is more than just a salary. Premier Banks 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 Saint Paul?

Understanding the cost of living near Saint Paul is key to truly evaluating a salary offer or your current compensation at Premier Banks.
Saint Paul's Cost of Living Index is approximately 101.5 (1.5% more expensive than US average; 4.5% more than MN average). State capital, slightly more affordable housing than Minneapolis. Metro Transit. When planning your budget based on a salary from Premier Banks, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,300 - $1,900+ A significant portion of Premier Banks 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) $420 - $620 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,750 - $4,200+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Premier Banks

1. How much does a Premier Banks employee make?

Premier Banks pays its employees an average of $50 per hour. The average salary at Premier Banks range from $43 to $56 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. Which similar company tend to pay more or less than Premier Banks?

The salary at Premier Banks is higher than the similar company. The average annual salary at Premier Banks is $103,180, or an hourly wage of $50, in comparison to First National Bank of NWA which pays $85,059 per year or $41 per hour.

3. How much does a President typically earn at Premier Banks?

A President at Premier Banks typically earns an average hourly base salary of around $384, with a general range of $293 to $486.

4. Do employees with advanced degrees (Master's, PhD) earn more at Premier Banks?

In many roles at Premier Banks, 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.

5. How does the cost of living near Saint Paul affect the perceived value of a Premier Banks salary?

Saint Paul's Cost of Living Index is approximately 101.5 (1.5% more expensive than US average; 4.5% more than MN average). This significantly impacts the purchasing power of a salary from Premier Banks based there. Our "Cost of Living Insights for Saint Paul" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Premier Banks typically offer employees?

Premier Banks 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 Premier Banks" section on this page.