Mahnomen Bancshares, Inc Salary

As of August 2026, the average annual salary for employees at Mahnomen Bancshares, Inc in the United States is $76,906. This translates to an approximate hourly wage of $37. Salaries at Mahnomen Bancshares, Inc typically range from $67,441 to $87,291 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Mahnomen Bancshares, Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Mahnomen Bancshares, Inc. Based on our data, the highest paying job is the Business Anaylst, with an annual salary of $136,585. The table below outlines the annual salary ranges for most popular roles within the company.

Digital Services Specialist

$34,932 / year

Salary Range: $31,525 - $38,948

Security Services

Contact Center Agent

$86,351 / year

Salary Range: $75,884 - $100,095

Sales

Fraud and Security Specialist

$91,520 / year

Salary Range: $78,966 - $105,937

Security Services

Digital Support Agent

$69,758 / year

Salary Range: $61,896 - $78,750

Construction

Business Anaylst

$136,585 / year

Salary Range: $115,388 - $156,730

Library

Digital Banking Agent

$69,758 / year

Salary Range: $61,896 - $78,750

Construction

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About Mahnomen Bancshares, Inc: Company Profile

Website
www.mahnomenbank.com
Founded In
1982
Employees
25 - 50 employees
Industry
Financial Services
Headquarter Location
BEAULIEU
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Mahnomen Bancshares, Inc's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
Leadership messages feel authentic rather than scripted. The company’s commitment to diversity and inclusion is evident in its policies and everyday practices. Communication is excellent, and wins are celebrated. Client-centric approach shines in every interaction.
Career growth is possible. Culture is formal and sometimes rigid. We're empowered to always do what's right for our clients, knowing that integrity is valued above short-term gains. The benefits offered are comprehensive and thoughtful. The organization maintains a stable work environment with clear expectations, but innovation is limited by bureaucratic procedures. From team-building to consisten...
High standards of professionalism are maintained. There's a strong emphasis on knowledge sharing and collective problem-solving, which is crucial in navigating complex financial markets. I’ve experienced consistent growth and recognition in my role.

Is Mahnomen Bancshares, Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Mahnomen Bancshares, Inc'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
MERCHANTS BANK BANGOR $88,473
+15.0%
Reflects structural premiums typical of MERCHANTS BANK BANGOR's large-cap national operations.
MARION CENTER BANK $77,350
+0.6%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
M&P COMMUNITY BANCSHARES $77,419
+0.7%
Suggests M&P COMMUNITY BANCSHARES utilizes a highly similar base-plus-benefits compensation model.
MINER COUNTY BANK $74,349
-3.3%
MINER COUNTY BANK focuses strategically on recruiting and training entry-level apprentices.
Financial Services Industry $121,514
+58.0%
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.

What Is the Cost of Living Near Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Mahnomen Bancshares, Inc.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Mahnomen Bancshares, Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Mahnomen Bancshares, Inc salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Mahnomen Bancshares, Inc

FAQ 1: What is the typical salary range (low to high) for most roles at Mahnomen Bancshares, Inc?
The typical annual salary range for most roles at Mahnomen Bancshares, Inc is approximately from $67,441 to $87,291. 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.
FAQ 2: How much does Mahnomen Bancshares, Inc pay compared to MERCHANTS BANK BANGOR?
The average annual salary at Mahnomen Bancshares, Inc is $76,906, or an hourly wage of $37, in comparison to MERCHANTS BANK BANGOR which pays $88,472 per year or $43 per hour.
FAQ 3: How does experience level affect salary at Mahnomen Bancshares, Inc?
Experience level is a significant factor in determining salary at Mahnomen Bancshares, Inc, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.
FAQ 4: How can I determine if a salary offer from Mahnomen Bancshares, Inc in Minneapolis is fair given the local cost of living?
To determine if a salary offer from Mahnomen Bancshares, Inc in Minneapolis is fair, first compare the gross salary to our data for similar roles at Mahnomen Bancshares, Inc and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Minneapolis" to understand its purchasing power.
FAQ 5: Are the salaries listed for Mahnomen Bancshares, Inc on Salary.com pre-tax or after-tax?
All salary figures displayed for Mahnomen Bancshares, Inc, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.