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TruBank Salary

TruBank Salary

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As of October 2026, the average hourly salary for employees at TruBank in the United States is $43. This translates to an approximate annual wage of $89,278. Salaries at TruBank typically range from $38 to $49 hourly, reflecting the diverse roles and experience levels within the company.
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Is TruBank’s Pay Competitive? Salary Benchmarking Analysis

How does TruBank'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
Koster's Cash Loans $45
+4.6%
Data suggests Koster's Cash Loans's workforce skews heavily towards veteran, high-tenure roles.
United Bank & Trust Co $39
-8.4%
United Bank & Trust Co likely leverages performance bonuses over the high base salary shown here.
TSB Bank $40
-5.8%
Reflects market rates for standard general contracting, differing from specialized roles.
Schaumburg Bank & Trust $47
+9.4%
Reflects a supply-demand imbalance for the specific talent Schaumburg Bank & Trust targets.
Financial Services Industry $59
+36.1%
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 TruBank and Their Hourly Pay Rates

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

Employee Reviews: Working at TruBank

Considering a career at TruBank? 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.
Despite its size the company maintains an agile, innovative mindset. There’s not a lot of creative freedom, but job security and organization are strong. It’s refreshing to work where leadership promotes trust, teamwork, and professional autonomy. Dual monitors are standard.
Commented in March 31, 2025
30
0
For anyone looking to grow in finance, this company provides the tools and opportunities to succeed. Decent salary, but long hours can be expected. I’ve never felt more engaged in both my role and our mission. They prioritize ethical practices and employee well-being. Benefits are average, and work-life balance depends heavily on your department. Professional development is a priority, offering ev...
Commented in March 23, 2025
15
3
While the environment is generally respectful, there’s room to improve recognition and cross-functional collaboration. Job roles can be repetitive with limited variety. Training is frequent, feedback is constructive, and growth opportunities are plentiful.
Commented in February 24, 2024
35
0

TruBank Overview

Website
www.trubank.bank
Founded In
1883
Employees
25 - 50 employees
Industry
Financial Services
Headquarter Address
1401 N Jefferson Way Indianola Iowa IA 50125
Revenue
$5 Million - $10 Million
Phone Number
+1 5159615880
Social Media
About TruBank
TruBank is a locally owned commercial bank located in Oskaloosa, in the southeastern corner of Iowa. We specialize in lending for single engine and light twin aircraft, helping pilots achieve their dream of aircraft ownership. Paul, our President and CEO, has been a pilot for over 30 years. He is a certified instrument flight instructor, active in many flying organizations including the Civil Air

What Benefits Does TruBank Offer Beyond Salary?

A competitive compensation package is more than just a salary. TruBank 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 TruBank?
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What Is the Cost of Living Near Des Moines?

Understanding the cost of living near Des Moines is key to truly evaluating a salary offer or your current compensation at TruBank.
Des Moines' Cost of Living Index is approximately 80.8 (19.2% less expensive than US average; 10.1% less than IA average). State capital, affordable housing, growing. DART bus. When planning your budget based on a salary from TruBank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $850 - $1,300+ A significant portion of TruBank salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $48 (DART monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $600+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $650+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,078 - $3,328+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of TruBank

1. What is the estimated average total compensation at TruBank?

Salary.com estimates that the average total compensation package at TruBank, which can include base salary, potential bonuses, and benefits, is around $43 per hour . Total compensation provides a more holistic view of an employee's earnings.

2. How much does TruBank pay compared to Koster's Cash Loans?

The average annual salary at TruBank is $89,278, or an hourly wage of $43, in comparison to Koster's Cash Loans which pays $93,360 per year or $45 per hour.

3. Do salaries differ significantly between departments at TruBank?

Yes, salaries often differ between departments at TruBank 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. What's the typical salary progression for an employee moving from an entry-level to a senior role at TruBank?

Salary progression from an entry-level to a senior role at TruBank can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

5. How can I determine if a salary offer from TruBank in Des Moines is fair given the local cost of living?

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

6. Are promotions at TruBank usually accompanied by a significant salary increase?

Yes, promotions at TruBank are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.

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