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Nantucket Bank Salary

Nantucket Bank Salary

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As of September 2026, the average annual salary for employees at Nantucket Bank in the United States is $95,818. This translates to an approximate hourly wage of $46. Salaries at Nantucket Bank typically range from $84,020 to $108,623 annually, reflecting the diverse roles and experience levels within the company.
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Is Nantucket Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Nantucket 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
Charly.io $108,486
+13.2%
Adjusted for higher cost-of-living indices in Charly.io's primary metro hubs.
THE FUND FOR AMERICA'S FUTURE Inc $89,879
-6.2%
THE FUND FOR AMERICA'S FUTURE Inc likely leverages performance bonuses over the high base salary shown here.
La Playa Holdings LLC $90,112
-6.0%
La Playa Holdings LLC operates with a leaner overhead structure, impacting base wage offers.
Mb San Antonio Brooks LP $93,803
-2.1%
Indicates identical technical requirements and experience levels between the two firms.
Financial Services Industry $121,514
+26.8%
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 Nantucket Bank's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Nantucket Bank

Considering a career at Nantucket 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.
My team collaborates exceptionally well. My experience has been nothing short of positive. Knowledge sharing happens naturally. Even as the company scales, it retains that sense of teamwork and mission. Great place for financial professionals.
Commented in May 31, 2025
26
2
I’ve learned a lot and felt supported the whole time. Facilities teams keep everything running smoothly. I greatly appreciateIn a rapidly evolving industry, they actively invest in cutting-edge platforms, data analytics, and AI to enhance client services and operational efficiency. Responsibilities are well-outlined, and operations are efficient. Fantastic culture! Management truly values employee...
Commented in January 13, 2025
27
3
Client satisfaction and employee support prioritized. Training programs exist but are inconsistent. Sick time can be used for mental health.
Commented in March 04, 2024
35
3

Nantucket Bank Overview

Website
www.nantucketbank.com
Founded In
Data pending, update soon.
Employees
25 - 50 employees
Industry
Financial Services
Headquarter Address
2 Orange St Nantucket Massachusetts MA 02554
Revenue
$5 Million - $10 Million
Phone Number
+1 5088251110
Social Media
About Nantucket Bank
Nantucket Bank has been serving residents of the Island for over 175 years and provides full service consumer and commercial banking through our 3 Nantucket branches, 8 Blue Hills Bank branches and online and mobile channels. The Bank offers commercial and industrial loans and commercial real estate loans in addition to commercial checking and savings accounts. We have a full suite of consumer ban

What Benefits Does Nantucket Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. Nantucket 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 Boston?

Understanding the cost of living near Boston is key to truly evaluating a salary offer or your current compensation at Nantucket Bank.
Boston's Cost of Living Index is approximately 153.2 (53.2% more expensive than US average; 15.5% more than MA average). Major historic US city, world-class universities/hospitals, extremely high housing costs, extensive MBTA transit. When planning your budget based on a salary from Nantucket Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,500 - $3,800+ A significant portion of Nantucket Bank salary. Location choices impact this heavily.
Utilities (Basic) $180 - $290 Electricity, Heating, Cooling, Water etc.
Public Transportation $90 (MBTA LinkPass monthly) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $500 - $750 Can be higher with more dining out or specialty stores.
Personal & Leisure $550 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $850+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,270 - $6,690+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Nantucket Bank

1. How much does a Nantucket Bank employee make?

Nantucket Bank pays its employees an average of $95,818 per year. The average salary at Nantucket Bank range from $84,020 to $108,623 per year. 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. Which similar company tend to pay more or less than Nantucket Bank?

The salary at Nantucket Bank is lesser than the similar company. The average annual salary at Nantucket Bank is $95,818, or an hourly wage of $46, in comparison to Charly.io which pays $108,486 per year or $52 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Nantucket Bank?

In many roles at Nantucket Bank, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

4. How does the cost of living near Boston affect the perceived value of a Nantucket Bank salary?

Boston's Cost of Living Index is approximately 153.2 (53.2% more expensive than US average; 15.5% more than MA average). This significantly impacts the purchasing power of a salary from Nantucket Bank based there. Our "Cost of Living Insights for Boston" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Nantucket Bank typically offer employees?

Nantucket Bank generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Nantucket Bank" section on this page.

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