Where is Mellon Bank located?

Mellon Bank is headquartered in Hermitage, Pennsylvania, but may have operations in other locations within the Financial Services sector.

What does Mellon Bank do?

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

What industry is Mellon Bank in?

Mellon Bank operates in the Financial Services industry.

Mellon Bank Average Salary, Pay Ranges & Benefits

Mellon Bank Salary

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Salary at Mellon Bank

Current Job Openings at Mellon Bank

Ready for your next career move? Explore current job openings at Mellon Bank. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Mellon Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Mellon 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
Provco Pinegood Levick-TD Bank	$102,389	+14.1%	Reflects structural premiums typical of Provco Pinegood Levick-TD Bank's large-cap national operations.
NexTier Bank - Worthington	$93,075	+3.8%	Reflects a supply-demand imbalance for the specific talent NexTier Bank - Worthington targets.
Michael Banks	$101,240	+12.9%	Adjusted for higher cost-of-living indices in Michael Banks's primary metro hubs.
Charlotte S P Keen Provident Natl Bank Tr 69174 Nect	$93,033	+3.7%	Influenced by prevailing union wage agreements specific to Charlotte S P Keen Provident Natl Bank Tr 69174 Nect's sector.
Financial Services Industry	$121,514	+35.5%	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 Mellon Bank's Salaries Compare to Similar Companies?

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

Provco Pinegood Levick-TD Bank

$102,389 / year

Salary Range: $89,757 - $116,135

Philadelphia, PA

NexTier Bank - Worthington

$93,075 / year

Salary Range: $81,592 - $105,563

Worthington, PA

Michael Banks

$101,240 / year

Salary Range: $88,749 - $114,830

Philadelphia, PA

Charlotte S P Keen Provident Natl Bank Tr 69174 Nect

$93,033 / year

Salary Range: $81,555 - $105,526

Pittsburgh, PA

John B Parsons Provident Natl Bank Tr 69482 Nect

$94,320 / year

Salary Range: $82,683 - $106,989

Pittsburgh, PA

Citizens & Northern Bank formerly known as Covenant Bank

$102,389 / year

Salary Range: $89,757 - $116,147

Doylestown, PA

Justin Lazzaro - PNC Bank

$93,571 / year

Salary Range: $82,032 - $106,136

Pittsburgh, PA

C&n Bank F/k/a Covenant Bank

$103,866 / year

Salary Range: $91,049 - $117,805

Doylestown, PA

Bank Wexford LLC

$93,719 / year

Salary Range: $82,160 - $106,306

Warrendale, PA

Employee Reviews: Working at Mellon Bank

Considering a career at Mellon 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.

Cross-departmental projects broaden skills and visibility. This respect for employees’ personal lives is a significant and valued benefit. It’s a decent place to gain foundational experience, but those seeking dynamic challenges might feel limited in growth opportunities. Engagement with upper management is rare.

Commented in May 29, 2025

12

3

The organization stays modern with its tools and fosters a respectful, collaborative atmosphere among all departments. Newsletters highlight meaningful updates. The support from leadership is strong, and company policies reflect values like fairness, inclusion, and innovation.

Commented in February 02, 2025

18

2

The company culture is inclusive and supportive, making it an enjoyable place to work. I felt welcomed and well-prepared from day one, setting me up for success here. This organization provides reliable pay and benefits but has limited innovation in processes. This positive approach reduces stress during tough situations.

Commented in December 23, 2024

23

1

A forward-thinking company with excellent leadership and a culture of growth. Excellent team spirit! We celebrate successes together, making it a fun and motivating place to build a financial career. The compensation package is attractive and reflects the industry standards. Performance is measured fairly, but recognition is minimal. The firm’s financial stability ensures job security. Reverse men...

Commented in August 29, 2024

8

1

Local partnerships create real impact. Open-door policies promote honest communication. It’s a place where you can build a meaningful, long-term career.

Commented in January 04, 2024

44

2

What Benefits Does Mellon Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. Mellon 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 Pittsburgh?

Understanding the cost of living near Pittsburgh is key to truly evaluating a salary offer or your current compensation at Mellon Bank.

Pittsburgh's Cost of Living Index is approximately 87.5 (12.5% less expensive than US average; 9.9% less than PA average). 'Steel City' revitalization, tech/medical hub, affordable housing. Port Authority bus/light rail. When planning your budget based on a salary from Mellon Bank, consider these typical monthly expenses:

Expense Category	Estimated Monthly Cost	Key Considerations / Notes
Housing (1-BR Apt Rent)	$1,100 - $1,600+	A significant portion of Mellon Bank salary. Location choices impact this heavily.
Utilities (Basic)	$140 - $230	Electricity, Heating, Cooling, Water etc.
Public Transportation	$97.50 (Port Authority monthly pass)	Essential for most commuters; car ownership is costly.
Groceries (Single Person)	$400 - $580	Can be higher with more dining out or specialty stores.
Personal & Leisure	$350 - $650+	Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual)	$370 - $680+	Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes)	$2,457 - $3,747+	This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Mellon Bank

1. How much does a Mellon Bank employee make?

Mellon Bank pays its employees an average of $89,711 per year. The average salary at Mellon Bank range from $78,641 to $101,758 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. Which similar company tend to pay more or less than Mellon Bank?

The salary at Mellon Bank is lesser than the similar company. The average annual salary at Mellon Bank is $89,711, or an hourly wage of $43, in comparison to Provco Pinegood Levick-TD Bank which pays $102,389 per year or $49 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Mellon Bank?

In many roles at Mellon Bank, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

4. How does the cost of living near Pittsburgh affect the perceived value of a Mellon Bank salary?

Pittsburgh's Cost of Living Index is approximately 87.5 (12.5% less expensive than US average; 9.9% less than PA average). This significantly impacts the purchasing power of a salary from Mellon Bank based there. Our "Cost of Living Insights for Pittsburgh" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Mellon Bank typically offer employees?

Mellon Bank generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Mellon Bank" section on this page.