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Welch State Bank Salary

Welch State Bank Salary

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As of August 2026, the average hourly salary for employees at Welch State Bank in the United States is $43. This translates to an approximate annual wage of $88,624. Salaries at Welch State Bank typically range from $37 to $48 hourly, reflecting the diverse roles and experience levels within the company.
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Is Welch State Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Welch 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
Smc Holdings LLC $44
+2.5%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
APEX Cash Flow Solutions $41
-3.1%
APEX Cash Flow Solutions likely leverages performance bonuses over the high base salary shown here.
now Mercury Mortgage Co. Inc $42
-2.1%
Suggests now Mercury Mortgage Co. Inc utilizes a highly similar base-plus-benefits compensation model.
United Security Mortgage Corp $42
-1.4%
Confirms United Security Mortgage Corp is a direct competitor vying for the exact same talent pool.
Financial Services Industry $59
+37.1%
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 Welch State Bank and Their Hourly Pay Rates

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

Employee Reviews: Working at Welch State Bank

Considering a career at Welch 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.
If you prefer routine over ambiguity, this is a good fit. Employee recognition here feels authentic. Financial companies can be rigid, but this one balances structure with creativity. This principled approach makes me genuinely proud to be part of this organization and its positive impact.
Commented in April 20, 2025
35
0
Leadership prioritizes transparency, regularly sharing company performance and strategic goals. They provide guidance and support, helping me navigate challenges and grow professionally in finance. Management invests in employee development programs. Decision-making is transparent, with regular town halls and Q&A sessions. Even in a highly structured setting, creativity is still welcome and valued...
Commented in February 16, 2025
23
0
Performance is measured fairly, but recognition is minimal. This firm stands out for its employee-centric. Great leadership and clear communication channels.
Commented in March 10, 2024
39
3

Welch State Bank Overview

Website
www.welchstatebank.com
Founded In
1923
Employees
25 - 50 employees
Industry
Financial Services
Headquarter Address
396 S Commercial St Welch Oklahoma OK 74369
Revenue
$5 Million - $10 Million
Phone Number
+1 9187883373
Social Media
About Welch State Bank
Welch State Bank offers a variety of products that can assist you in managing your business finances easily and conveniently. Regardless of what type of business you own or manage, Welch State Bank can help by providing the services the big banks offer with the added reassurance of knowing that we make LOCAL decisions, offer LOCAL financing and LOCAL servicing. And LOCAL means a lot when you are l

What Benefits Does Welch State Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. Welch 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 Tulsa?

Understanding the cost of living near Tulsa is key to truly evaluating a salary offer or your current compensation at Welch State Bank.
Tulsa's Cost of Living Index is approximately 83.1 (16.9% less expensive than US average; 4.6% less than OK average). Eastern OK city, Art Deco architecture, affordable. Tulsa Transit. When planning your budget based on a salary from Welch State Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $800 - $1,200+ A significant portion of Welch State Bank salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $45 (Tulsa Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $540 Can be higher with more dining out or specialty stores.
Personal & Leisure $300 - $600+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $650+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,005 - $3,225+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Welch State Bank

1. How much does Welch State Bank in the United States pay?

Welch State Bank pays its employees an average of $43 per hour. The average salary at Welch State Bank range from $37 to $48 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. Do Welch State Bank employees get a higher salary than its peer company?

The salary at Welch State Bank is lesser than its peer company. The average annual salary at Welch State Bank is $88,624, or an hourly wage of $43, in comparison to Smc Holdings LLC which pays $90,860 per year or $44 per hour.

3. What are the highest paying jobs at Welch State Bank?

The higher-paying job at Welch State Bank, according to our data, include President (avg. $330 per hour), Chief Information Officer (avg. $129 per hour), and Senior Vice President, Chief Information Officer (avg. $129 per hour). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Welch State Bank?

Salary progression with years of experience at Welch State Bank is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

5. Do salaries at Welch State Bank vary by office location?

Yes, it's very likely that salaries at Welch State Bank vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Tulsa section provides more context.

6. Does Welch State Bank offer good benefits?

Welch State Bank typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Welch State Bank" section on this page.

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