Lafayette Bank & Trust Salary

As of August 2026, the average annual salary for employees at Lafayette Bank & Trust in the United States is $86,219. This translates to an approximate hourly wage of $41. Salaries at Lafayette Bank & Trust typically range from $75,379 to $98,685 annually, reflecting the diverse roles and experience levels within the company.
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Is Lafayette Bank & Trust’s Pay Competitive? Salary Benchmarking Analysis

How does Lafayette Bank & Trust'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
Alaska National Guard Officers Association $98,887
+14.7%
Supported by Alaska National Guard Officers Association's high-margin contracts allowing higher overhead.
National Truck Equipment Association $89,806
+4.2%
Reflects structural premiums typical of National Truck Equipment Association's large-cap national operations.
Franklin Street of Atlanta $89,099
+3.3%
Influenced by prevailing union wage agreements specific to Franklin Street of Atlanta's sector.
Orthodox Photos $101,092
+17.2%
Adjusted for higher cost-of-living indices in Orthodox Photos's primary metro hubs.
Edu., Gov't. & Nonprofit Industry $115,341
+33.8%
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 Lafayette Bank & Trust

Considering a career at Lafayette Bank & Trust? 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.
Employee recognition is present and it is always consistent or frequent enough. Employee achievements are consistently recognized, enhancing motivation. Leadership fosters innovation while providing necessary support. For an organization of this scale, their efforts to create an environment where all employees feel valued and represented are significant.
Opportunities for growth, wellness programs, and a meaningful public service mission make this a rewarding workplace. Recognition programs highlight employee achievements and foster motivation. Workload is manageable, and coworkers are helpful, though collaboration can vary depending on the team. Advancement opportunities exist but aren't always transparent. Staff are polite and try to help. Overa...
Leadership fosters respect and inclusivity. Benefits meet industry standards but don’t stand out compared to similar organizations. This job offers security and purpose, but the culture leans heavily bureaucratic.

Lafayette Bank & Trust Overview

Website
www.lafayette.in.gov
Founded In
Data pending, update soon.
Employees
25 - 50 employees
Industry
Edu., Gov't. & Nonprofit
Headquarter Address
20 N 6th St Lafayette Indiana IN 47901
Revenue
$5 Million - $10 Million
Phone Number
+1 7658071000
Social Media
About Lafayette Bank & Trust
Lafayette, Indiana is a company that operates in the Government industry. It employs 21-50 people and has $5M-$10M of revenue. The company is headquartered in Lafayette, Indiana.

What Benefits Does Lafayette Bank & Trust Offer Beyond Salary?

A competitive compensation package is more than just a salary. Lafayette Bank & Trust 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 Lafayette?

Understanding the cost of living near Lafayette is key to truly evaluating a salary offer or your current compensation at Lafayette Bank & Trust.
Lafayette's Cost of Living Index is approximately 83.9 (16.1% less expensive than US average; 7.4% less than IN average). Home to Purdue University (West Lafayette), affordable housing. CityBus. When planning your budget based on a salary from Lafayette Bank & Trust, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $800 - $1,250+ A significant portion of Lafayette Bank & Trust salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $25 (CityBus monthly, free for Purdue) 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 $300 - $580+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $640+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,005 - $3,255+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Lafayette Bank & Trust

1. What is the average salary for employees at Lafayette Bank & Trust?

The average annual total compensation for employees at Lafayette Bank & Trust is approximately $86,219. However, this is an aggregate figure, actual salaries can range significantly, typically from $75,379 to $98,685, depending on factors like job role, experience, and location.

2. How much does Lafayette Bank & Trust pay compared to Alaska National Guard Officers Association?

The average annual salary at Lafayette Bank & Trust is $86,219, or an hourly wage of $41, in comparison to Alaska National Guard Officers Association which pays $98,887 per year or $48 per hour.

3. What is the lowest salary at Lafayette Bank & Trust?

The lowest-paying job at Lafayette Bank & Trust is a Registrar with a salary of $74,103 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Lafayette Bank & Trust?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Lafayette Bank & Trust for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Lafayette Bank & Trust offer cost-of-living adjustments (COLA) for employees in high-cost areas like Lafayette?

While some companies offer formal COLA, many, including potentially Lafayette Bank & Trust, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at Lafayette Bank & Trust?

Most companies, likely including Lafayette Bank & Trust, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.