Merchants Bank of Indiana Salary
How Much Does Merchants Bank of Indiana Pay?BETA
As of March 2025, the average annual salary for employees at Merchants Bank of Indiana in the United States is $105,163. This translates to an approximate hourly wage of $51. Salaries at Merchants Bank of Indiana typically range from $92,112 to $119,415 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 Merchants Bank of Indiana, A Chief Executive Officer is among the highest earners, with an average salary of approximately $814,058 per year. Conversely, the lowest-paid position is Salesperson, earning around $30,170 annually. Explore this page further for more salary and benefits information at Merchants Bank of Indiana.
How Much Does Merchants Bank of Indiana Pay for Different Roles?BETA
At Merchants Bank of Indiana, 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 positions at Merchants Bank of Indiana offer the highest average annual salary of $814,058, while Salesperson roles have an average annual salary of $30,170.
| JOB TITLE | SALARY RANGE | AVERAGE SALARY | COMPANY NAME |
|---|---|---|---|
| Chief Executive Officer | $620,373 - $1,030,273 | $814,058 | Merchants Bank of Indiana |
| President | $620,373 - $1,030,273 | $814,058 | Merchants Bank of Indiana |
| Senior Vice President & Chief Financial Officer | $324,185 - $534,806 | $424,414 | Merchants Bank of Indiana |
| Chief Risk Officer | $270,976 - $390,181 | $325,839 | Merchants Bank of Indiana |
| Senior VP, Business Development | $268,985 - $368,846 | $317,398 | Merchants Bank of Indiana |
| Vice President, Operations | $255,325 - $373,246 | $309,764 | Merchants Bank of Indiana |
| Vice President, Capital Markets | $258,931 - $367,949 | $307,797 | Merchants Bank of Indiana |
| Executive | $244,106 - $336,889 | $282,680 | Merchants Bank of Indiana |
| Vice President, Information Technology | $244,106 - $336,889 | $282,680 | Merchants Bank of Indiana |
| Vice President, Business Development | $221,946 - $269,430 | $245,447 | Merchants Bank of Indiana |
| Controller & Assistant Vice President | $206,595 - $280,770 | $243,662 | Merchants Bank of Indiana |
| Vice President, Financial Planning & Analysis | $211,208 - $276,226 | $240,135 | Merchants Bank of Indiana |
Thanks for your feedback!
Merchants Bank of Indiana Overview
Most Common Benefits for Merchants Bank of Indiana
Get an estimated calculation of how much you should be earning and insight into your career options.
Job Openings at Merchants Bank of Indiana
Similar Company Salary
| Merchants Bancorp Carmel, IN | $92,625 - $120,073 Company Salary Range | $105,744 Average Company Salary |
| GOEplan Financial Group Waynesboro, VA | $82,774 - $107,221 Company Salary Range | $94,478 Average Company Salary |
| Republic Bank & Trust Company of Indiana Jeffersonville, IN | $88,043 - $114,135 Company Salary Range | $100,512 Average Company Salary |
| United Commercial Bank Ltd Waco, TX | $86,907 - $112,659 Company Salary Range | $99,225 Average Company Salary |
| iBank United Waco, TX | $85,074 - $110,282 Company Salary Range | $97,126 Average Company Salary |
| Peapack Gladstone Financial Corp Bedminster, NJ | $108,121 - $140,157 Company Salary Range | $123,443 Average Company Salary |
| Safra Securities LLC New York City, NY | $114,187 - $148,022 Company Salary Range | $130,363 Average Company Salary |
| Internationale Nederlanden Bank Of NV Ny, NY | $112,812 - $146,241 Company Salary Range | $128,791 Average Company Salary |
| Peny & Co., Llc State Street Bank and Trust Company, Na Quincy, MA | $107,452 - $139,291 Company Salary Range | $122,673 Average Company Salary |
FAQs About Merchants Bank of Indiana Company
1. How much does Merchants Bank of Indiana in the United States pay?
Merchants Bank of Indiana pays its employees an average of $105,163 per year. The average salary at Merchants Bank of Indiana range from $92,112 to $119,415 per year. Chief Executive Officer jobs at Merchants Bank of Indiana earn the most with an average annual salary of $814,058, while Salesperson jobs earn the least with an average annual salary of $30,170.
2. Do Merchants Bank of Indiana employees get a higher salary than other similar companies?
The salary at Merchants Bank of Indiana is lesser than Safra Securities LLC. The highest salary package reported for an employee at Merchants Bank of Indiana is $119,415 per year, meanwhile the highest salary package reported for an employee at Safra Securities LLC is $148,022 per year.
3. How much does Merchants Bank of Indiana pay compared to Safra Securities LLC?
The average annual salary at Merchants Bank of Indiana is $105,163, or an hourly wage of $51, in comparison to Safra Securities LLC which pays $130,363 per year or $63 per hour.
4. Which job skills can boost a Vice President, Capital Markets salary at Merchants Bank of Indiana?
Sales and Marketing, Business Development and marketing plans are key to a Vice President, Capital Markets job at Merchants Bank of Indiana. 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 Merchants Bank of Indiana.
5. What is the lowest salary at Merchants Bank of Indiana?
The lowest paying job at Merchants Bank of Indiana is Salesperson with an annual salary of $30,170 or an hourly rate of $51.