Midwest Heritage Bank Salary

Midwest Heritage Bank Salary

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As of August 2026, the average annual salary for employees at Midwest Heritage Bank in the United States is $92,770. This translates to an approximate hourly wage of $45. Salaries at Midwest Heritage Bank typically range from $81,317 to $105,221 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Midwest Heritage Bank Pay for Different Roles?

Explore detailed salary information for specific jobs at Midwest Heritage Bank. Based on our data, the highest paying job is the Chief Executive Officer, with an annual salary of $718,119. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Current Job Openings at Midwest Heritage Bank

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

Is Midwest Heritage Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Midwest Heritage 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
Matrix Homes LLC $95,417
+2.9%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Center Bank $92,759
0.0%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
ABI Farah Holding Co Inc - Inc $96,219
+3.7%
Reflects structural premiums typical of ABI Farah Holding Co Inc - Inc's large-cap national operations.
AloStar Bank of Commerce $90,417
-2.5%
Suggests AloStar Bank of Commerce utilizes a highly similar base-plus-benefits compensation model.
Financial Services Industry $121,514
+31.0%
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 Midwest Heritage Bank's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Midwest Heritage Bank

Considering a career at Midwest Heritage 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.
The company culture is professional but can feel formal and reserved. Leadership is communicative and values employee contributions. Leadership listens and acts swiftly. The work environment is dynamic, with cutting-edge tools and technologies that streamline processes.
Commented in May 04, 2025
39
2
Most conversations are strictly about work. These unsung heroes make daily operations seamless. Every decision and strategy is geared towards achieving the best possible outcomes for those we serve. It’s rare to find a company that combines professional rigor with such a supportive environment. Cross-departmental projects are common, and employees are encouraged to share insights. Workload distrib...
Commented in April 16, 2025
24
3
The company’s focus on employee development and ethical financial practices sets it apart. Training and development programs are excellent, helping employees enhance their skills and progress in their careers. Employees are expected to perform at a high level, but support is always available. I'm excited about the company's future and my role within its growth. Bonus criteria are objective.
Commented in January 14, 2024
10
1

Midwest Heritage Bank Overview

Website
www.mhbank.com
Founded In
1873
Employees
50 - 100 employees
Industry
Financial Services
Headquarter Address
3580 Ep True Pkwy West Des Moines Iowa IA 50265
Revenue
$10 Million - $50 Million
Phone Number
+1 5152468378
Social Media
About Midwest Heritage Bank
Established in 1873, Midwest Heritage Bank is one of the oldest financial institutions based in the state of Iowa. After being purchased in 1986 by Hy-Vee, a respected leader in retail grocery services, we have grown by placing convenient bank offices inside the Hy-Vee stores, allowing our customers the convenience of Banking where they shop! Midwest Heritage bank is open extended business hours,

What Benefits Does Midwest Heritage Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. Midwest Heritage 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)
Work at Midwest Heritage Bank?
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What Is the Cost of Living Near Des Moines?

Understanding the cost of living near Des Moines is key to truly evaluating a salary offer or your current compensation at Midwest Heritage Bank.
Des Moines' Cost of Living Index is approximately 80.8 (19.2% less expensive than US average; 10.1% less than IA average). State capital, affordable housing, growing. DART bus. When planning your budget based on a salary from Midwest Heritage Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $850 - $1,300+ A significant portion of Midwest Heritage Bank salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $48 (DART monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $600+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $650+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,078 - $3,328+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Midwest Heritage Bank

1. What is the typical salary range (low to high) for most roles at Midwest Heritage Bank?

The typical annual salary range for most roles at Midwest Heritage Bank is approximately from $81,317 to $105,221. 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. How much does Midwest Heritage Bank pay compared to Matrix Homes LLC?

The average annual salary at Midwest Heritage Bank is $92,770, or an hourly wage of $45, in comparison to Matrix Homes LLC which pays $95,417 per year or $46 per hour.

3. Do salaries differ significantly between departments at Midwest Heritage Bank?

Yes, salaries often differ between departments at Midwest Heritage Bank due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Midwest Heritage Bank?

Experience level is a significant factor in determining salary at Midwest Heritage Bank, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from Midwest Heritage Bank in Des Moines is fair given the local cost of living?

To determine if a salary offer from Midwest Heritage Bank in Des Moines is fair, first compare the gross salary to our data for similar roles at Midwest Heritage Bank and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Des Moines" to understand its purchasing power.

6. What are the key factors that influence salary levels at Midwest Heritage Bank?

Several key factors influence salary levels at Midwest Heritage Bank. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Midwest Heritage Bank likely benchmarks its salaries against other companies in the Financial Services sector. You can explore how these factors play out in our detailed salary data.

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