Miners State Bank Salary

Miners State Bank Salary

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As of August 2026, the average annual salary for employees at Miners State Bank in the United States is $85,460. This translates to an approximate hourly wage of $41. Salaries at Miners State Bank typically range from $74,958 to $96,844 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Miners State Bank

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

Is Miners State Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Miners State 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
Farmers National Bank of Griggsville $80,977
-5.2%
Farmers National Bank of Griggsville may offer non-monetary perks in lieu of competitive base salaries.
Apex Payment Solutions $87,010
+1.8%
Confirms Apex Payment Solutions is a direct competitor vying for the exact same talent pool.
Associates Financial Services Company of Delaware Inc $91,293
+6.8%
Adjusted for higher cost-of-living indices in Associates Financial Services Company of Delaware Inc's primary metro hubs.
Business Financial Group Inc $88,951
+4.1%
Reflects structural premiums typical of Business Financial Group Inc's large-cap national operations.
Financial Services Industry $121,514
+42.2%
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 Miners State Bank's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Miners State Bank

Considering a career at Miners State 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 compensation package is attractive and reflects the industry standards. This culture of respect, trust, and innovation makes it an excellent place to work. Opportunities for internal mobility allow employees to explore different roles. This constructive mindset makes tough situations manageable.
Commented in May 12, 2025
28
0
This company offers stability, competitive pay, and a positive environment for career growth. Encouraged to take initiative and lead. Communication is timely and transparent. Tools and resources are modern and effective. There’s a strong team dynamic that drives results without sacrificing morale. Benefits include competitive salaries, healthcare, and retirement plans. This financial services comp...
Commented in July 24, 2024
28
3
Since joining, I've been impressed with the company’s structure and support systems. Tools are modern, expectations are reasonable, and teamwork is emphasized. Culture is formal and sometimes rigid. Transparent communication promotes trust and collaboration. The company encourages transparency, and collaboration is strong.
Commented in March 22, 2024
29
0

Miners State Bank Overview

Website
www.msbir.com
Founded In
1988
Employees
<25 employees
Industry
Financial Services
Headquarter Address
312 W Genesee St Iron River Michigan MI 49935
Revenue
<$5 Million
Phone Number
+1 9064825131
Social Media
About Miners State Bank
Miners State Bank is a company that operates in the Financial Services industry. It employs 11-20 people and has $1M-$5M of revenue. The company is headquartered in Iron River, Michigan.

What Benefits Does Miners State Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. Miners State 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)
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What Is the Cost of Living Near Detroit?

Understanding the cost of living near Detroit is key to truly evaluating a salary offer or your current compensation at Miners State Bank.
Detroit's Cost of Living Index is approximately 97.6 (2.4% less expensive than US average; 6.9% more than MI average). Housing varies extremely by neighborhood (very cheap to expensive gentrified), overall costs can be low. DDOT/SMART bus, QLine. When planning your budget based on a salary from Miners State Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $800 - $1,500+ (Highly variable) A significant portion of Miners State Bank salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (DDOT/SMART monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $570 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,130 - $3,660+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Miners State Bank

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

The typical annual salary range for most roles at Miners State Bank is approximately from $74,958 to $96,844. 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 Miners State Bank pay compared to Farmers National Bank of Griggsville?

The average annual salary at Miners State Bank is $85,460, or an hourly wage of $41, in comparison to Farmers National Bank of Griggsville which pays $80,977 per year or $39 per hour.

3. Do salaries differ significantly between departments at Miners State Bank?

Yes, salaries often differ between departments at Miners State 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 Miners State Bank?

Experience level is a significant factor in determining salary at Miners State 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 Miners State Bank in Detroit is fair given the local cost of living?

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

6. What factors influence salary increases at Miners State Bank?

Salary increases at Miners State Bank are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.

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