Merchants Bank Salary

How Much Does Merchants Bank Pay?BETA

As of December 2024, the average annual salary for employees at Merchants Bank in the United States is $98,212. This translates to an approximate hourly wage of $47. Salaries at Merchants Bank typically range from $86,046 to $111,489 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, A President is among the highest earners, with an average salary of approximately $760,250 per year. Conversely, the lowest-paid position is Teller, earning around $32,674 annually. Explore this page further for more salary and benefits information at Merchants 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 Merchants Bank Pay for Different Roles?BETA

At Merchants 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, President positions at Merchants Bank offer the highest average annual salary of $760,250, while Teller roles have an average annual salary of $32,674.

JOB TITLE SALARY RANGE AVERAGE SALARY COMPANY NAME
President $579,517 - $961,890 $760,250 Merchants Bank
President & Chief Executive Officer $579,517 - $961,890 $760,250 Merchants Bank
Chief Financial Officer $302,835 - $499,309 $396,361 Merchants Bank
Chief Information Officer $254,881 - $343,444 $297,564 Merchants Bank
Chief Business Development Officer $251,270 - $344,364 $296,418 Merchants Bank
Vice President, Commercial Lending $197,253 - $301,103 $246,825 Merchants Bank
Market President $184,766 - $228,077 $205,265 Merchants Bank
Senior Vice President $166,703 - $223,583 $194,563 Merchants Bank
Vice President, Portfolio Management $112,743 - $157,868 $135,634 Merchants Bank
Treasury Management Officer $94,930 - $122,423 $107,747 Merchants Bank
Personal Banker $81,102 - $105,428 $91,750 Merchants Bank
Payroll Specialist $77,399 - $96,993 $87,769 Merchants 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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Most Common Benefits for Merchants Bank

Aside from the base salary, Merchants 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 Merchants 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 Merchants Bank ’s peer companies.
First Mortgage Solutions LLC Creve Coeur, MO $91,113 - $118,061 Company Salary Range $104,003 Average Company Salary
Integra Bank Corp Evansville, IN $88,804 - $115,074 Company Salary Range $101,366 Average Company Salary
City National Bank of Florida Miami, FL $90,343 - $117,074 Company Salary Range $103,128 Average Company Salary
Ferratum Helsinki, CA $104,757 - $135,743 Company Salary Range $119,583 Average Company Salary
Carter Bank & Martinsville, VA $86,256 - $111,769 Company Salary Range $98,455 Average Company Salary
Sohar International Brooklyn, NY $112,840 - $146,217 Company Salary Range $128,802 Average Company Salary
Banque Saudi Fransi $93,340 - $120,951 Company Salary Range $106,545 Average Company Salary
CNB Financial Corp Clearfield, PA $88,474 - $114,647 Company Salary Range $100,997 Average Company Salary
Anglo Irish Bank Corporation PLC Boston, MA $105,637 - $136,889 Company Salary Range $120,585 Average Company Salary
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FAQs About Merchants Bank Company

1. How much does Merchants Bank in the United States pay?

Merchants Bank pays its employees an average of $98,212 per year. The average salary at Merchants Bank range from $86,046 to $111,489 per year. President jobs at Merchants Bank earn the most with an average annual salary of $760,250, while Teller jobs earn the least with an average annual salary of $32,674.

2. Do Merchants Bank employees get a higher salary than other similar companies?

The salary at Merchants Bank is lesser than Sohar International. The highest salary package reported for an employee at Merchants Bank is $111,489 per year, meanwhile the highest salary package reported for an employee at Sohar International is $146,217 per year.

3. How much does Merchants Bank pay compared to Sohar International?

The average annual salary at Merchants Bank is $98,212, or an hourly wage of $47, in comparison to Sohar International which pays $128,802 per year or $62 per hour.

4. Which job skills can boost a Market President salary at Merchants Bank?

Leadership, Business Development and Consulting are key to a Market President job at Merchants 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 Merchants Bank.

5. What is the lowest salary at Merchants Bank?

The lowest paying job at Merchants Bank is Teller with an annual salary of $32,674 or an hourly rate of $47.