Lakestone Bank & Trust Salary

Lakestone Bank & Trust Salary

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As of August 2026, the average annual salary for employees at Lakestone Bank & Trust in the United States is $91,831. This translates to an approximate hourly wage of $44. Salaries at Lakestone Bank & Trust typically range from $80,492 to $104,185 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Lakestone Bank & Trust

Ready for your next career move? Explore current job openings at Lakestone Bank & Trust. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Lakestone Bank & Trust’s Pay Competitive? Salary Benchmarking Analysis

How does Lakestone 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
Earl Banks $96,936
+5.6%
Supported by Earl Banks's high-margin contracts allowing higher overhead.
Nationwide Biweekly Administration Inc $95,280
+3.8%
Influenced by prevailing union wage agreements specific to Nationwide Biweekly Administration Inc's sector.
Gateway Bank & Trust $94,510
+2.9%
Suggests Gateway Bank & Trust utilizes a highly similar base-plus-benefits compensation model.
ATM Mutual Of Omaha Bank $91,504
-0.4%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Financial Services Industry $121,514
+32.3%
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 Lakestone Bank & Trust's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Lakestone Bank & Trust

Considering a career at Lakestone 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.
The benefits are attractive, offering healthcare, wellness, and retirement options. Relationship-building is truly valued here. Beyond the financial aspects, the company fosters a high-performance culture balanced with initiatives for employee well-being, demonstrating a holistic approach to staff satisfaction. The company encourages transparency, and collaboration is strong.
Commented in April 18, 2025
32
3
The organization offers clear growth tracks and continuous investment in training and development. I feel valued and excited about long-term opportunities here. The company offers meaningful work, steady professional development, and competitive compensation. The evaluation process feels designed to help me succeed. There's a strong ethical foundation, and our financial services truly make a diffe...
Commented in August 24, 2024
41
1
Processes are efficient, though rigid. Training and development are available but lack consistency. Benefits are solid, although pay raises are infrequent.
Commented in March 19, 2024
20
3

Lakestone Bank & Trust Overview

Website
www.lakestonebank.com
Founded In
1902
Employees
100 - 200 employees
Industry
Financial Services
Headquarter Address
83 W Nepessing St Lapeer Michigan MI 48446
Revenue
$10 Million - $50 Million
Phone Number
+1 8106642977
Social Media
About Lakestone Bank & Trust
Lakestone Bank & Trust operates 14 branch offices and a loan office in Lapeer, St. Clair and Macomb counties. Founded in 1902, LCBT remains the only locally owned Bank headquartered in Lapeer County. Lakestone Bank & Trust is a wholly owned subsidiary of County Bank Corp.

What Benefits Does Lakestone Bank & Trust Offer Beyond Salary?

A competitive compensation package is more than just a salary. Lakestone 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 Detroit?

Understanding the cost of living near Detroit is key to truly evaluating a salary offer or your current compensation at Lakestone Bank & Trust.
Detroit's Cost of Living Index is approximately 97.6 (2.4% less expensive than US average; 6.9% more than MI average). Housing varies extremely by neighborhood (very cheap to expensive gentrified), overall costs can be low. DDOT/SMART bus, QLine. When planning your budget based on a salary from Lakestone Bank & Trust, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $800 - $1,500+ (Highly variable) A significant portion of Lakestone Bank & Trust salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (DDOT/SMART monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $570 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,130 - $3,660+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Lakestone Bank & Trust

1. What is the estimated average total compensation at Lakestone Bank & Trust?

Salary.com estimates that the average total compensation package at Lakestone Bank & Trust, which can include base salary, potential bonuses, and benefits, is around $91,831 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Lakestone Bank & Trust pay compared to Earl Banks?

The average annual salary at Lakestone Bank & Trust is $91,831, or an hourly wage of $44, in comparison to Earl Banks which pays $96,936 per year or $47 per hour.

3. Do salaries differ significantly between departments at Lakestone Bank & Trust?

Yes, salaries often differ between departments at Lakestone Bank & Trust 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 Lakestone Bank & Trust?

Salary progression from an entry-level to a senior role at Lakestone Bank & Trust 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 Lakestone Bank & Trust in Detroit is fair given the local cost of living?

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

6. Are promotions at Lakestone Bank & Trust usually accompanied by a significant salary increase?

Yes, promotions at Lakestone Bank & Trust 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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