Where is McDaniel's bank located?

McDaniel's bank is headquartered in Westminster, Maryland, but may have operations in other locations within the Financial Services sector.

What does McDaniel's bank do?

According to the company's overview, McDaniel's bank is a company that operates in the Financial Services industry.

What industry is McDaniel's bank in?

McDaniel's bank operates in the Financial Services industry.

McDaniel's bank Average Salary, Pay Ranges & Benefits

McDaniel's bank Salary

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Salary at McDaniel's bank

Current Job Openings at McDaniel's bank

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Is McDaniel's bank’s Pay Competitive? Salary Benchmarking Analysis

How does McDaniel's 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
Jos Bank Of Raleigh Inc	$94,172	-2.7%	Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Bank of Glen	$98,381	+1.7%	Suggests Bank of Glen utilizes a highly similar base-plus-benefits compensation model.
Forbright Bank	$106,788	+10.4%	Influenced by prevailing union wage agreements specific to Forbright Bank's sector.
C/O SunTrust Bank	$98,856	+2.2%	Confirms C/O SunTrust Bank is a direct competitor vying for the exact same talent pool.
Financial Services Industry	$121,514	+25.6%	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 McDaniel's bank's Salaries Compare to Similar Companies?

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

Jos Bank Of Raleigh Inc

$94,172 / year

Salary Range: $82,554 - $106,819

Hampstead, MD

Bank of Glen

$98,381 / year

Salary Range: $86,238 - $111,586

Glen Burnie, MD

Forbright Bank

$106,788 / year

Salary Range: $93,615 - $121,122

Chevy Chase, MD

C/O SunTrust Bank

$98,856 / year

Salary Range: $86,660 - $112,123

Baltimore, MD

HomeEventsCommunityFood Bank

$106,725 / year

Salary Range: $93,560 - $121,049

Laurel, MD

Bayvangaurd Bank

$98,761 / year

Salary Range: $86,577 - $112,013

Baltimore, MD

Suquehanna Bank

$87,211 / year

Salary Range: $76,451 - $98,917

Cumberland, MD

PNC Bank - Taylor Avenue

$102,242 / year

Salary Range: $89,629 - $115,964

Annapolis, MD

Carter Bank

$95,291 / year

Salary Range: $83,535 - $108,087

Abingdon, MD

Employee Reviews: Working at McDaniel's bank

Considering a career at McDaniel's 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.

The company culture is inclusive and supportive, making it an enjoyable place to work. Recognition programs make employees feel valued. Leadership gives clear direction and supports work-life balance. Leadership is accessible and genuinely cares about employee well-being. I'm proud to be part of such a professional team.

Commented in February 06, 2025

Anniversary celebrations acknowledge tenure milestones. Collaborative culture fosters professional growth and innovation. A place that rewards initiative and loyalty. Working with skilled peers elevates everyone's performance. A truly empowering work environment. Small wins are cheered. The culture is professional but lacks warmth. From operations to compliance, people collaborate openly and share...

Commented in August 29, 2024

Working at this financial services firm has been an exceptional experience. Quality matters more than rigid policies. Employee resource groups provide support and connection.

Commented in January 12, 2024

McDaniel's bank Overview

Website

Data pending, update soon.

Founded In

Data pending, update soon.

Employees

50 - 100 employees

Industry

Financial Services

Headquarter Address

45 W Main St Westminster Maryland MD 21157

Revenue

$10 Million - $50 Million

Phone Number

About McDaniel's bank

McDaniel's bank is a company that operates in the Financial Services industry. It employs 51-100 people and has $25M-$50M of revenue. The company is headquartered in Westminster, Maryland.

What Benefits Does McDaniel's bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. McDaniel's 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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How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

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What Is the Cost of Living Near Baltimore?

Understanding the cost of living near Baltimore is key to truly evaluating a salary offer or your current compensation at McDaniel's bank.

Baltimore's Cost of Living Index is approximately 91.8 (8.2% less expensive than US average; 18.8% less than MD average). Major city, historic, affordable housing in many areas, but varies greatly by neighborhood. MTA bus/Light Rail/Metro Subway. When planning your budget based on a salary from McDaniel's bank, consider these typical monthly expenses:

Expense Category	Estimated Monthly Cost	Key Considerations / Notes
Housing (1-BR Apt Rent)	$1,200 - $1,900+	A significant portion of McDaniel's bank salary. Location choices impact this heavily.
Utilities (Basic)	$150 - $250	Electricity, Heating, Cooling, Water etc.
Public Transportation	$77 (MTA CharmCard 31-day pass)	Essential for most commuters; car ownership is costly.
Groceries (Single Person)	$420 - $620	Can be higher with more dining out or specialty stores.
Personal & Leisure	$400 - $750+	Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual)	$380 - $700+	Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes)	$2,627 - $4,227+	This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of McDaniel's bank

1. What is the average salary for employees at McDaniel's bank?

The average annual total compensation for employees at McDaniel's bank is approximately $96,757. However, this is an aggregate figure, actual salaries can range significantly, typically from $84,818 to $109,745, depending on factors like job role, experience, and location.

2. How much does McDaniel's bank pay compared to Jos Bank Of Raleigh Inc?

The average annual salary at McDaniel's bank is $96,757, or an hourly wage of $47, in comparison to Jos Bank Of Raleigh Inc which pays $94,172 per year or $45 per hour.

3. How does having a professional certification impact salary for relevant roles at McDaniel's bank?

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 McDaniel's bank for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does McDaniel's bank offer cost-of-living adjustments (COLA) for employees in high-cost areas like Baltimore?

While some companies offer formal COLA, many, including potentially McDaniel's bank, 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.

5. What's the typical process for salary reviews and raises at McDaniel's bank?

Most companies, likely including McDaniel's bank, 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.