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River Falls State Bank Salary

River Falls State Bank Salary

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As of August 2026, the average annual salary for employees at River Falls State Bank in the United States is $93,170. This translates to an approximate hourly wage of $45. Salaries at River Falls State Bank typically range from $81,730 to $105,587 annually, reflecting the diverse roles and experience levels within the company.

How Much Does River Falls State Bank Pay for Different Roles?

Explore detailed salary information for specific jobs at River Falls State Bank. Based on our data, the highest paying job is the President & Chief Executive Officer, with an annual salary of $721,221. The table below outlines the annual salary ranges for most popular roles within the company.
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Is River Falls State Bank’s Pay Competitive? Salary Benchmarking Analysis

How does River Falls 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
Clear Investment Group $95,238
+2.2%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Proactive Financial Management $89,774
-3.6%
Proactive Financial Management focuses strategically on recruiting and training entry-level apprentices.
Bowman Gaskins Financial Group Inc $97,284
+4.4%
Driven by niche technical certifications required for Bowman Gaskins Financial Group Inc's specialized projects.
Approved Home Mortgage $86,588
-7.1%
Approved Home Mortgage may offer non-monetary perks in lieu of competitive base salaries.
Financial Services Industry $121,514
+30.4%
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.

How River Falls State Bank's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at River Falls State Bank

Considering a career at River Falls 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.
It’s a high-performing yet people-first workplace. Hiring standards are high but fair. The work is fast-paced but rewarding, with opportunities to shape industry trends. Communication and collaboration vary significantly between teams. Leadership actively promotes equity through inclusive hiring practices and employee resource groups.
Commented in May 07, 2025
40
2
There's a strong focus on innovation and ethical practices. Communication across the company is clear and consistent. The teamwork at this financial institution is truly remarkable. We're empowered to make reasonable exceptions. This cooperative spirit makes challenging projects enjoyable and productive. Communication is formal, with limited opportunities for employee feedback to influence change....
Commented in February 23, 2025
38
2
It's a great place to build a rewarding career in financial services with a future-focused mindset. It’s fulfilling to contribute to impactful financial solutions in such a supportive environment. The company fosters a highly collaborative culture that encourages innovation and professional growth. Processes could benefit from periodic reevaluation and simplification. Communication is formal but r...
Commented in March 20, 2024
8
1

River Falls State Bank Overview

Website
www.rfstatebankonline2.com
Founded In
1949
Employees
<25 employees
Industry
Financial Services
Headquarter Address
124 S 2nd St River Falls Wisconsin WI 54022
Revenue
<$5 Million
Phone Number
+1 7154256782
Social Media
About River Falls State Bank
The River Falls State Bank was formed in 1949 by a group of area residents who knew an independent; community bank was vital for a community's economic health. For many years, our slogan, "The Community Bank on The Corner" was seen on all of our advertising. Although the slogan may no longer be used, it still defines who and what we are. While the bank has grown both physically and financially sin

What Benefits Does River Falls State Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. River Falls 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 River Falls 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 River Falls 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 River Falls 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 River Falls State Bank

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

The typical annual salary range for most roles at River Falls State Bank is approximately from $81,730 to $105,587. 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 River Falls State Bank pay compared to Clear Investment Group?

The average annual salary at River Falls State Bank is $93,170, or an hourly wage of $45, in comparison to Clear Investment Group which pays $95,238 per year or $46 per hour.

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

Yes, salaries often differ between departments at River Falls 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 River Falls State Bank?

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

To determine if a salary offer from River Falls State Bank in Minneapolis is fair, first compare the gross salary to our data for similar roles at River Falls 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 River Falls State Bank differ from the ranges shown here?

An individual's actual salary at River Falls 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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