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Sturgis Bank Salary

Sturgis Bank Salary

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As of August 2026, the average hourly salary for employees at Sturgis Bank in the United States is $44. This translates to an approximate annual wage of $91,957. Salaries at Sturgis Bank typically range from $39 to $50 hourly, reflecting the diverse roles and experience levels within the company.
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Is Sturgis Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Sturgis 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
1303 Frontage Holdings LLC $45
+1.2%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
HCB Financial Corp $45
+1.1%
Suggests HCB Financial Corp utilizes a highly similar base-plus-benefits compensation model.
New York State Banking Department $52
+18.0%
Reflects a supply-demand imbalance for the specific talent New York State Banking Department targets.
Bank of Botetourt Buchanan VA $43
-3.2%
Bank of Botetourt Buchanan VA operates with a leaner overhead structure, impacting base wage offers.
Financial Services Industry $59
+32.1%
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 Sturgis Bank and Their Hourly Pay Rates

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

Employee Reviews: Working at Sturgis Bank

Considering a career at Sturgis 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.
Flexible schedules and remote work options promote a healthy work-life balance. The company is structured and compliant but occasionally rigid. My input is valued, and the team’s synergy is impressive. The company fosters a culture of respect, innovation, and accountability.
Commented in March 21, 2025
24
0
However, innovation employee suggestions aren’t always implemented. Even with employees, there’s a strong sense of alignment, and executives are approachable and communicative. Being part of a team that drives meaningful financial solutions for clients worldwide is both challenging and deeply fulfilling. I'm excited about the company's future and my role within its growth. Great mentoring, excelle...
Commented in March 08, 2025
21
3
The company’s commitment to diversity and inclusion is evident in its policies and everyday practices. While that suits the industry, it sometimes limits experimentation. Great time management tools and clear priorities from management help everyone stay focused.
Commented in March 02, 2025
22
3
Transparency, collaboration, and accountability are prioritized. I'm consistently impressed by the high caliber of my colleagues; everyone is knowledgeable, driven, and dedicated to providing exceptional service to our clients. This environment works well for those who appreciate routine and job security but may frustrate employees seeking dynamic challenges.
Commented in September 30, 2024
36
1
The employees, the scale of impact is immense, yet the culture remains people-focused. Our team dynamic is fantastic; there's a genuine sense of camaraderie and mutual respect that makes collaborating on complex financial solutions enjoyable and effective. The company provides excellent benefits and prioritizes employee wellbeing with wellness programs and flexible schedules. Employees seeking cre...
Commented in February 10, 2024
42
2

Sturgis Bank Overview

Website
www.colonbankingcenter.com
Founded In
1905
Employees
50 - 100 employees
Industry
Financial Services
Headquarter Address
Chicago Rd Sturgis Michigan MI 49091
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About Sturgis Bank
Sturgis Bank is a company that operates in the Financial Services industry. It employs 51-100 people and has $10M-$25M of revenue. The company is headquartered in Sturgis, Michigan.

What Benefits Does Sturgis Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. Sturgis 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)
Work at Sturgis Bank?
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What Is the Cost of Living Near Grand Rapids?

Understanding the cost of living near Grand Rapids is key to truly evaluating a salary offer or your current compensation at Sturgis Bank.
Grand Rapids' Cost of Living Index is approximately 89.5 (10.5% less expensive than US average; 2.0% less than MI average). Western MI city, growing, affordable housing. The Rapid bus. When planning your budget based on a salary from Sturgis Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,000 - $1,500+ A significant portion of Sturgis Bank salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (The Rapid 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 $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,210 - $3,580+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Sturgis Bank

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

The typical salary range for most roles at Sturgis Bank is approximately from $39 to $50 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 Sturgis Bank pay compared to 1303 Frontage Holdings LLC?

The average annual salary at Sturgis Bank is $91,957, or an hourly wage of $44, in comparison to 1303 Frontage Holdings LLC which pays $93,075 per year or $45 per hour.

3. How does experience level affect salary at Sturgis Bank?

Experience level is a significant factor in determining salary at Sturgis 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 Sturgis Bank in Grand Rapids is fair given the local cost of living?

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

5. What are the key factors that influence salary levels at Sturgis Bank?

Several key factors influence salary levels at Sturgis Bank. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Sturgis Bank likely benchmarks its salaries against other companies in the Financial Services sector. You can explore how these factors play out in our detailed salary data.

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