Merit Bank Salary

How Much Does Merit Bank Pay?BETA

As of March 2025, the average annual salary for employees at Merit Bank in the United States is $82,749. This translates to an approximate hourly wage of $40. Salaries at Merit Bank typically range from $72,584 to $93,759 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 Merit Bank, A Chief Operating Officer is among the highest earners, with an average salary of approximately $373,672 per year. Conversely, the lowest-paid position is Deposit Operations Specialist, earning around $24,481 annually. Explore this page further for more salary and benefits information at Merit 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 Merit Bank Pay for Different Roles?BETA

At Merit 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 Operating Officer positions at Merit Bank offer the highest average annual salary of $373,672, while Deposit Operations Specialist roles have an average annual salary of $24,481.

JOB TITLE SALARY RANGE AVERAGE SALARY COMPANY NAME
Chief Operating Officer $293,454 - $474,741 $373,672 Merit Bank
Executive Vice President $201,197 - $293,055 $243,741 Merit Bank
Credit Officer $153,604 - $220,935 $182,631 Merit Bank
Manager, Loan Operations $107,743 - $155,310 $126,569 Merit Bank
Mortgage Banker $97,384 - $107,463 $102,948 Merit Bank
Mortgage Consultant $97,384 - $107,463 $102,948 Merit Bank
Treasury Management Officer $80,079 - $102,954 $90,783 Merit Bank
Compliance Specialist $75,885 - $88,625 $83,661 Merit Bank
Assistant Vice President $43,791 - $53,300 $48,598 Merit Bank
Loan Coordinator $28,808 - $35,150 $31,989 Merit Bank
Bank Teller $25,271 - $29,671 $27,529 Merit Bank
Customer Service Teller $22,751 - $26,248 $24,481 Merit 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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Merit Bank Overview

Website:
meritbank.com
Size:
<25 Employees
Industry:
Financial Services
Revenue:
<$5M
About:
Merit Bank, a subsidiary of Merit Bancorporation, was formed in 2019 and is headquartered in Huntsville, Alabama. Merit Bank is a full-service bank specializing in commercial and agricultural lending, cash management and small business banking.

Most Common Benefits for Merit Bank

Aside from the base salary, Merit 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 Merit 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 Merit Bank ’s peer companies.
BBP Bank $77,514 - $100,136 Company Salary Range $88,371 Average Company Salary
Homeseed Mann Mortgage LLC Bellevue, WA $85,212 - $110,087 Company Salary Range $97,147 Average Company Salary
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Janda Holdings Series LLC San Antonio, TX $80,007 - $103,490 Company Salary Range $91,261 Average Company Salary
MNB Holdings Series LLC Montgomery, TX $83,159 - $107,575 Company Salary Range $94,858 Average Company Salary
yost holdings LLC Frederick, MD $86,009 - $111,184 Company Salary Range $98,086 Average Company Salary
html385 Main Street Holdings LLC Farmingdale, NY $91,342 - $118,086 Company Salary Range $104,161 Average Company Salary
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FAQs About Merit Bank Company

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

Merit Bank pays its employees an average of $82,749 per year. The average salary at Merit Bank range from $72,584 to $93,759 per year. Chief Operating Officer jobs at Merit Bank earn the most with an average annual salary of $373,672, while Deposit Operations Specialist jobs earn the least with an average annual salary of $24,481.

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

The salary at Merit Bank is lesser than America Achieves. The highest salary package reported for an employee at Merit Bank is $93,759 per year, meanwhile the highest salary package reported for an employee at America Achieves is $126,170 per year.

3. How much does Merit Bank pay compared to America Achieves?

The average annual salary at Merit Bank is $82,749, or an hourly wage of $40, in comparison to America Achieves which pays $111,302 per year or $54 per hour.

4. Which job skills can boost a Treasury Management Officer salary at Merit Bank?

Cash Management, Accounting and Forecasting are key to a Treasury Management Officer job at Merit 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 Merit Bank.

5. What is the lowest salary at Merit Bank?

The lowest paying job at Merit Bank is Deposit Operations Specialist with an annual salary of $24,481 or an hourly rate of $40.