Executive Vice President Salary at Newbank BETA

How much does a Newbank Executive Vice President make?

As of April 2025, the average annual salary for an Executive Vice President at Newbank is $317,252, which translates to approximately $153 per hour. Salaries for Executive Vice President at Newbank typically range from $261,853 to $381,554, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

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.

Website:
newbankusa.com
Size:
<25 Employees
Revenue:
$10M - $50M
Industry:
Financial Services

You have a vision for your business. We have a solution for your needs. NewBank is a state chartered commercial bank founded in Sep. 29, 2006 by a group of successful Korean-American local businessmen, community leaders and professionals. The bank currently operates five (5) full services retail branch locations, two (2) in New York and three (3) in New Jersey. Our business objective has been mainly focused on supporting small business owners by providing optimal financial solutions through understanding their needs. As a result, we were able to grow, and continue to grow, in part because of the trust that our local community business owners have placed on us. NewBank, an independent community bank, is dedicated to providing products and services, which satisfy the needs of our customers, stimulating economic growth in our community, enhancing the shareholders value, and encouraging professional success for our employees. NewBanks mission is to be the leading local bank for small businesses and to achieve the reputation of providing the highest quality of financial solutions to our customers, so we can grow and achieve success together. We take pride in our efforts to connect with the community under our core values of satisfaction, trust, community service and change. We find it very important to communicate with the locals and to be of service to those in need. We support and volunteer in many community events as part of our Community Giving Back program. We are a proud winner of the SBA Pinnacle Award, the highest award issued by the U.S. Small Business Administration, in New York the past six consecutive years for offering a beneficial selection of loan options to suit business needs. As a top SBA lender in New York, we are focused on providing the best financial support to local small businesses. Come be a part of the NewBank family and let us help you succeed.

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What Skills Does a person Need at Newbank?

At Newbank, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
  2. Planning: An act or process of making or carrying out plans. Establishment of goals, policies, and procedures for a social or economic unit city planning business planning.
  3. Initiative: Taking decisive action and initiating plans independently to address problems, improve professional life, and achieve goals.
  4. Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  5. Futures: Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.

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Check more jobs information at Newbank

Job Title Average Newbank Salary Hourly Rate
2 Chief Information Security Officer $240,591 $116
3 President & Chief Executive Officer $833,736 $401
4 Manager, Operations $114,730 $55
5 Branch Manager $73,437 $35
6 Loan Officer $64,449 $31
7 Senior Vice President $213,370 $103
8 Assistant Vice President $63,255 $30
9 IT Administrator $141,925 $68
10 Loan Assistant $53,270 $26
11 Services Professional $37,946 $18
12 Teller $35,832 $17

Hourly Pay at Newbank

The average hourly pay at Newbank for an Executive Vice President is $153 per hour. The location, department, and job description all have an impact on the typical compensation for Newbank positions. The pay range and total remuneration for the job title are shown in the table below. Newbank may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $317,252 look to you?

FAQ about Salary and Jobs at Newbank

1. How much does Newbank pay per hour?
The average hourly pay is $153. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Newbank?
According to the data, the highest approximate salary is about $381,554 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Newbank?
According to the data, the lowest estimated salary is about $261,853 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.