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Mayflower Bank Salary

Mayflower Bank Salary

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As of October 2026, the average annual salary for employees at Mayflower Bank in the United States is $103,043. This translates to an approximate hourly wage of $50. Salaries at Mayflower Bank typically range from $90,325 to $116,879 annually, reflecting the diverse roles and experience levels within the company.
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Is Mayflower Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Mayflower 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
Us Fidelity Mortgage Inc $95,596
-7.2%
Reflects market rates for standard general contracting, differing from specialized roles.
Avilix Group AG (Deutschland) $91,535
-11.2%
Avilix Group AG (Deutschland) likely leverages performance bonuses over the high base salary shown here.
Century Bank of the Ozarks $88,751
-13.9%
Typical compensation structure for smaller regional agencies like Century Bank of the Ozarks.
Bank 360 $92,200
-10.5%
Normalized for lower cost-of-living zones where Bank 360 primarily operates.
Financial Services Industry $121,514
+17.9%
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 Mayflower Bank's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Mayflower Bank

Considering a career at Mayflower 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.
Benefits are comprehensive, including health insurance, retirement plans, and wellness initiatives. I haven’t faced surprises, but there’s also little opportunity for input unless part of management. The company culture is professional, though sometimes bureaucratic, which can limit innovation and agility. Growth opportunities are everywhere. Training is structured, and upward mobility is realisti...
Commented in March 01, 2025
39
3
Employee resource groups provide support and connection. Every day presents new learning opportunities. Charitable matching amplifies personal donations. Having the right tools demonstrates respect for our work. The environment feels corporate and polished.
Commented in February 18, 2025
44
3
Recognition programs ensure outstanding work is noticed and rewarded, from spot bonuses to annual awards. Overall, it’s a motivating and stable employer. A good workplace for those who value order and process more than rapid change or creative input. Benefits cover basic needs but aren’t particularly generous compared to industry leaders. What impresses me most is how executives balance driving re...
Commented in February 25, 2024
48
2

Mayflower Bank Overview

Website
www.mayflowerbank.com
Founded In
1889
Employees
50 - 100 employees
Industry
Financial Services
Headquarter Address
30 S Main St Middleborough Massachusetts MA 02346
Revenue
$10 Million - $50 Million
Phone Number
+1 5089474343
Social Media
About Mayflower Bank
Mayflower Bank was organized on May 1,1889 as a Massachusetts chartered co-operative bank. On December 23, 1987, the Bank converted to a public company and today continues to operate as a Massachusetts chartered co-operative bank in stock form. Originally founded to foster the goal of affordable home ownership, Mayflower's primary business remains the acquisition of funds in the form of deposits f

What Benefits Does Mayflower Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. Mayflower 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 Boston?

Understanding the cost of living near Boston is key to truly evaluating a salary offer or your current compensation at Mayflower Bank.
Boston's Cost of Living Index is approximately 153.2 (53.2% more expensive than US average; 15.5% more than MA average). Major historic US city, world-class universities/hospitals, extremely high housing costs, extensive MBTA transit. When planning your budget based on a salary from Mayflower 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 Mayflower Bank salary. Location choices impact this heavily.
Utilities (Basic) $180 - $290 Electricity, Heating, Cooling, Water etc.
Public Transportation $90 (MBTA LinkPass monthly) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $500 - $750 Can be higher with more dining out or specialty stores.
Personal & Leisure $550 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $850+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,270 - $6,690+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Mayflower Bank

1. What is the estimated average total compensation at Mayflower Bank?

Salary.com estimates that the average total compensation package at Mayflower Bank, which can include base salary, potential bonuses, and benefits, is around $103,043 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Mayflower Bank pay compared to Us Fidelity Mortgage Inc?

The average annual salary at Mayflower Bank is $103,043, or an hourly wage of $50, in comparison to Us Fidelity Mortgage Inc which pays $95,596 per year or $46 per hour.

3. What's the typical salary progression for an employee moving from an entry-level to a senior role at Mayflower Bank?

Salary progression from an entry-level to a senior role at Mayflower Bank 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.

4. How can I determine if a salary offer from Mayflower Bank in Boston is fair given the local cost of living?

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

5. Are promotions at Mayflower Bank usually accompanied by a significant salary increase?

Yes, promotions at Mayflower Bank 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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