Lusitania Savings Bank Salary

As of September 2026, the average annual salary for employees at Lusitania Savings Bank in the United States is $102,136. This translates to an approximate hourly wage of $49. Salaries at Lusitania Savings Bank typically range from $89,583 to $115,732 annually, reflecting the diverse roles and experience levels within the company.
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Is Lusitania Savings Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Lusitania Savings 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
Compass Ventures Group $102,948
+0.8%
Suggests Compass Ventures Group utilizes a highly similar base-plus-benefits compensation model.
Simon Golden Mountain Group Inc $94,594
-7.4%
Typical compensation structure for smaller regional agencies like Simon Golden Mountain Group Inc.
Iron Workers Bank $94,890
-7.1%
Iron Workers Bank focuses strategically on recruiting and training entry-level apprentices.
Lake Holdings Inc $89,373
-12.5%
Lake Holdings Inc operates with a leaner overhead structure, impacting base wage offers.
Financial Services Industry $121,514
+19.0%
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 Lusitania Savings Bank

Considering a career at Lusitania Savings 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.
Ongoing learning opportunities and mentorship programs help employees develop professionally. A reasonable choice for individuals who prefer stable schedules and straightforward duties in a corporate setting. It's motivating to work where exceptional performance is both challenged and rewarded appropriately. Clients trust us because of our ethical standards and innovative solutions.
Working here has expanded my technical skills significantly, and I appreciate how innovation is embraced at every level. Focus on compliance sometimes no innovation. Career advancement is available but requires time and persistence. The company’s stability and growth prospects make it a great place to build a career. There's a strong emphasis on delivering quality service to our clients, and this ...
The company delivers on predictability. A good workplace for those who value order and process more than rapid change or creative input. Benefits are robust, covering healthcare, wellness, and retirement plans.

Lusitania Savings Bank Overview

Website
www.lusitaniabank.com
Founded In
1995
Employees
<25 employees
Industry
Financial Services
Headquarter Address
107 Pulaski St Newark New Jersey NJ 07105
Revenue
$5 Million - $10 Million
Phone Number
+1 9733445125
Social Media
About Lusitania Savings Bank
Lusitania Savings Bank is a community savings bank with its headquarters at 107 Pulaski Street, Newark, New Jersey, United States.

What Benefits Does Lusitania Savings Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. Lusitania Savings 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 Jersey City?

Understanding the cost of living near Jersey City is key to truly evaluating a salary offer or your current compensation at Lusitania Savings Bank.
Jersey City's Cost of Living Index is approximately 132.5 (32.5% more expensive than US average; 16.1% more than NJ average). Across from Manhattan, very high housing costs, excellent transit (PATH, Light Rail, Ferry). When planning your budget based on a salary from Lusitania Savings Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,500 - $3,800+ A significant portion of Lusitania Savings Bank salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $121 (PATH 30-day unlimited) / NJ Transit varies Essential for most commuters; car ownership is costly.
Groceries (Single Person) $470 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $900+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $420 - $780+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,041 - $6,401+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Lusitania Savings Bank

1. How much does Lusitania Savings Bank in the United States pay?

Lusitania Savings Bank pays its employees an average of $102,136 per year. The average salary at Lusitania Savings Bank range from $89,583 to $115,732 per year. 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 Lusitania Savings Bank employees get a higher salary than its peer company?

The salary at Lusitania Savings Bank is lesser than its peer company. The average annual salary at Lusitania Savings Bank is $102,136, or an hourly wage of $49, in comparison to Compass Ventures Group which pays $102,948 per year or $49 per hour.

3. What are the highest paying jobs at Lusitania Savings Bank?

The higher-paying job at Lusitania Savings Bank, according to our data, include Chief Financial Officer (avg. $412,197 per year), Executive Vice President & General Counsel (avg. $360,275 per year), and Chief Lending Officer (avg. $215,356 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Lusitania Savings Bank?

Salary progression with years of experience at Lusitania Savings 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 Lusitania Savings Bank vary by office location?

Yes, it's very likely that salaries at Lusitania Savings 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 Jersey City section provides more context.

6. Does Lusitania Savings Bank offer good benefits?

Lusitania Savings 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 Lusitania Savings Bank" section on this page.