Merit Bank Salary

How Much Does Merit Bank Pay?BETA

The estimated salary range of the Financial Services industry where Merit Bank is located is between $72,584 and $93,759, and its average salary is about $82,749. The company's revenue is less than $5M, and its salary level is estimated to be slightly lower than that of the same industry. In the long run, there is more room for growth, and more easily to joining this company. However, the potential for growth is huge. Individual salaries vary by job title, department, and location, as well as by the employee's level of education, certifications, and other skills. For example, a Deposit Operations Specialist at Merit Bank is paid between $22,751 and $26,248 per year. Executives or management will also be paid more. There is also a huge difference in salary for each position. Get Pay Right and Achieve Pay Equity are critical to finding and retaining the right talent.
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.

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.

View salary at Merit Bank by Job Title BETA

The average salary of Merit Bank jobs will vary depending on the location, industry, category, and department. The table below shows the job titles you might be interested in and the salary range of different positions at Merit Bank. A difference in pay for the same job title may be based on a number of factors, such as experience, training, level of education, skills and competencies, and so on. 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.

The estimate average salary for Merit Bank employees is around $82,749 per year, or the hourly rate of Merit Bank rate is $40. The highest earners in the top 75th percentile are paid over $93,759. Individual salaries will vary depending on the job, department, and location, as well as the employee’s level of education, certifications, and additional skills.

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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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
America Achieves New York City, NY $97,601 - $126,170 Company Salary Range $111,302 Average Company Salary
National Condo Lending LLC Baltimore, MD $82,234 - $106,306 Company Salary Range $93,772 Average Company Salary
Hdw Holdings LLC Vero Beach, FL $73,427 - $94,991 Company Salary Range $83,762 Average Company Salary
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.