Mechanics & Farmers Bank Salary

How Much Does Mechanics & Farmers Bank Pay?BETA

As of December 2024, the average annual salary for employees at Mechanics & Farmers Bank in the United States is $93,044. This translates to an approximate hourly wage of $45. Salaries at Mechanics & Farmers Bank typically range from $81,565 to $105,526 annually, reflecting the diverse roles and experience levels within the company. Individual salaries can vary significantly based on factors such as job role, experience, education level, certifications, and more. At Mechanics & Farmers Bank, A Chief Executive Officer & President is among the highest earners, with an average salary of approximately $720,241 per year. Conversely, the lowest-paid position is Teller and Customer Service Representative, earning around $27,527 annually. Explore this page further for more salary and benefits information at Mechanics & Farmers Bank.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

How Much Does Mechanics & Farmers Bank Pay for Different Roles?BETA

At Mechanics & Farmers Bank, salaries can vary significantly based on factors such as location, industry, job category, and department. Below, we provide a detailed overview of salary ranges for various roles within the company.

It's important to note that salaries for the same position may differ due to several factors, including experience, education level, training, skills, and competencies. For instance, Chief Executive Officer & President positions at Mechanics & Farmers Bank offer the highest average annual salary of $720,241, while Teller and Customer Service Representative roles have an average annual salary of $27,527.

JOB TITLE SALARY RANGE AVERAGE SALARY COMPANY NAME
Chief Executive Officer & President $549,338 - $910,444 $720,241 Mechanics & Farmers Bank
President $549,338 - $910,444 $720,241 Mechanics & Farmers Bank
President & Chief Executive Officer $549,338 - $910,444 $720,241 Mechanics & Farmers Bank
Chief Lending Officer $165,242 - $232,399 $196,184 Mechanics & Farmers Bank
Manager, Loan Operations $121,073 - $174,802 $142,315 Mechanics & Farmers Bank
Regional Manager $93,649 - $124,384 $108,128 Mechanics & Farmers Bank
Marketing Coordinator $65,777 - $80,215 $72,627 Mechanics & Farmers Bank
Account Manager $59,902 - $79,294 $68,873 Mechanics & Farmers Bank
Branch Manager $57,692 - $69,248 $63,440 Mechanics & Farmers Bank
Branch Manager II $57,692 - $69,248 $63,440 Mechanics & Farmers Bank
Senior Staff Accountant $56,343 - $66,986 $61,686 Mechanics & Farmers Bank
Credit Analyst $52,361 - $64,603 $58,346 Mechanics & Farmers Bank
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
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Mechanics & Farmers Bank Overview

Website:
mfbonline.com
Size:
50 - 100 Employees
Industry:
Financial Services
Revenue:
$10M - $50M
About:
M&F Bancorp, Inc. operates as a bank holding company for the Mechanics and Farmers Bank that provides consumer and commercial banking products and services in North Carolina. It offers deposit products, including demand deposits; checking, savings, and money market accounts, as well as certificates ...

Most Common Benefits for Mechanics & Farmers Bank

Aside from the base salary, Mechanics & Farmers Bank offers its employees a list of benefits. Employee benefits are an important factor in considering a position posted by the company.
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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Job Openings at Mechanics & Farmers Bank

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Similar Company Salary

Companies in the same industry have the same employee size, company type, similar revenue are similar companies. The table below shows the salary range and average salary of Mechanics & Farmers Bank ’s peer companies.
Jeffersonville Bancorp Jeffersonville, NY $76,351 - $98,795 Company Salary Range $87,095 Average Company Salary
Mission Valley Bancorp Sun Valley, CA $94,907 - $122,805 Company Salary Range $108,265 Average Company Salary
New Windsor State Bank Taneytown, MD $83,003 - $107,404 Company Salary Range $94,689 Average Company Salary
7Santander Bank New York, NY $100,093 - $129,511 Company Salary Range $114,182 Average Company Salary
1M&T Bank New York, NY $99,928 - $129,292 Company Salary Range $113,992 Average Company Salary
FRepublic Bank Philadelphia, PA $88,666 - $114,720 Company Salary Range $101,145 Average Company Salary
Ploneer Bank Albany, NY $84,460 - $109,282 Company Salary Range $96,345 Average Company Salary
Bank Name New York, NY $99,608 - $128,877 Company Salary Range $113,623 Average Company Salary
Ozark Mountain Bank Branson, MO $78,559 - $101,648 Company Salary Range $89,616 Average Company Salary
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FAQs About Mechanics & Farmers Bank Company

1. How much does Mechanics & Farmers Bank in the United States pay?

Mechanics & Farmers Bank pays its employees an average of $93,044 per year. The average salary at Mechanics & Farmers Bank range from $81,565 to $105,526 per year. Chief Executive Officer & President jobs at Mechanics & Farmers Bank earn the most with an average annual salary of $720,241, while Teller and Customer Service Representative jobs earn the least with an average annual salary of $27,527.

2. Do Mechanics & Farmers Bank employees get a higher salary than other similar companies?

The salary at Mechanics & Farmers Bank is lesser than 7Santander Bank. The highest salary package reported for an employee at Mechanics & Farmers Bank is $105,526 per year, meanwhile the highest salary package reported for an employee at 7Santander Bank is $129,511 per year.

3. How much does Mechanics & Farmers Bank pay compared to 7Santander Bank?

The average annual salary at Mechanics & Farmers Bank is $93,044, or an hourly wage of $45, in comparison to 7Santander Bank which pays $114,182 per year or $55 per hour.

4. Which job skills can boost a Marketing Coordinator salary at Mechanics & Farmers Bank?

Product Marketing, Collaboration and Go To Market are key to a Marketing Coordinator job at Mechanics & Farmers Bank. Possessing these skills could lead to a higher salary. You can learn and develop high income skills now if you’re looking for a position at Mechanics & Farmers Bank.

5. What is the lowest salary at Mechanics & Farmers Bank?

The lowest paying job at Mechanics & Farmers Bank is Teller and Customer Service Representative with an annual salary of $27,527 or an hourly rate of $45.