Monroe Bank and Trust Salary

Monroe Bank and Trust Salary

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As of August 2026, the average annual salary for employees at Monroe Bank and Trust in the United States is $90,765. This translates to an approximate hourly wage of $44. Salaries at Monroe Bank and Trust typically range from $79,585 to $102,892 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Monroe Bank and Trust

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

Is Monroe Bank and Trust’s Pay Competitive? Salary Benchmarking Analysis

How does Monroe Bank and Trust'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
Smd Holdings LLC $90,765
0.0%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Isosceles Holdings LLC $91,778
+1.1%
Confirms Isosceles Holdings LLC is a direct competitor vying for the exact same talent pool.
Redi Bag Holdings LLC $97,622
+7.6%
Data suggests Redi Bag Holdings LLC's workforce skews heavily towards veteran, high-tenure roles.
Habel LP $90,396
-0.4%
Suggests Habel LP utilizes a highly similar base-plus-benefits compensation model.
Financial Services Industry $121,514
+33.9%
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 Monroe Bank and Trust's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Monroe Bank and Trust

Considering a career at Monroe Bank and Trust? 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.
Total rewards packages are competitive within our sector. The collaborative culture is a significant strength. Leadership is professional but distant, limiting employee engagement. Ideas are judged on merit, and there's a conscious effort to ensure all voices are heard.
Commented in March 26, 2025
15
3
Internal mobility programs help employees explore new career paths. This is a suitable environment for those who prefer stability and clear structure but can appeal to employees seeking rapid advancement or creative freedom. Leadership genuinely listens and provides growth opportunities. However, it suits those who prefer predictability and structure. The job is consistent and moderately challengi...
Commented in February 08, 2025
14
2
Transparent goals align with employee efforts. For anyone looking to grow in finance, this company provides the tools and opportunities to succeed. What I appreciate most about this firm is its commitment to excellence.
Commented in February 14, 2024
30
3

Monroe Bank and Trust Overview

Website
www.yelp.com/biz/monroe-bank-and-trust-newport
Founded In
Data pending, update soon.
Employees
25 - 50 employees
Industry
Financial Services
Headquarter Address
123 Helle Blvd Dundee Michigan MI 48131
Revenue
$5 Million - $10 Million
Phone Number
+1 7345299123
Social Media
About Monroe Bank and Trust
With unmatched flexibility and creativity, Monroe Bank & Trust combines exceptional expertise in personal banking and business banking with financial planning, investment services and estate planning to provide customers World Class Banking with a Local Address. In addition to supporting strong economic growth, MBT is proud of its tradition of Community Service from Monroe's Community Bank. MBT su

What Benefits Does Monroe Bank and Trust Offer Beyond Salary?

A competitive compensation package is more than just a salary. Monroe Bank and Trust 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 Monroe Bank and Trust.
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 Monroe Bank and Trust, 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 Monroe Bank and Trust 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 Monroe Bank and Trust

1. What is the average salary for employees at Monroe Bank and Trust?

The average annual total compensation for employees at Monroe Bank and Trust is approximately $90,765. However, this is an aggregate figure, actual salaries can range significantly, typically from $79,585 to $102,892, depending on factors like job role, experience, and location.

2. How much does Monroe Bank and Trust pay compared to Smd Holdings LLC?

The average annual salary at Monroe Bank and Trust is $90,765, or an hourly wage of $44, in comparison to Smd Holdings LLC which pays $90,765 per year or $44 per hour.

3. What is the lowest salary at Monroe Bank and Trust?

The lowest-paying job at Monroe Bank and Trust is a Customer Service Representative with a salary of $31,978 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Monroe Bank and Trust?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Monroe Bank and Trust for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Monroe Bank and Trust offer cost-of-living adjustments (COLA) for employees in high-cost areas like Detroit?

While some companies offer formal COLA, many, including potentially Monroe Bank and Trust, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at Monroe Bank and Trust?

Most companies, likely including Monroe Bank and Trust, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.

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