Parkway Bank Salary

Parkway Bank Salary

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As of August 2026, the average annual salary for employees at Parkway Bank in the United States is $101,936. This translates to an approximate hourly wage of $49. Salaries at Parkway Bank typically range from $89,363 to $115,623 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Parkway Bank

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

Is Parkway Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Parkway 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
Altamont Bank $86,799
-14.8%
Reflects market rates for standard general contracting, differing from specialized roles.
M F Bank & Co $99,162
-2.7%
Indicates identical technical requirements and experience levels between the two firms.
GTSB - Breese Bank $92,295
-9.5%
Normalized for lower cost-of-living zones where GTSB - Breese Bank primarily operates.
Beverly Bank $101,440
-0.5%
Suggests Beverly Bank utilizes a highly similar base-plus-benefits compensation model.
Financial Services Industry $121,514
+19.2%
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 Parkway Bank's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Parkway Bank

Considering a career at Parkway 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.
These moments of recognition boost morale. Knowledge sharing happens organically. Resources for continuous learning available. The benefits are attractive, offering healthcare, wellness, and retirement options.
Commented in March 16, 2025
27
0
Pay bands are clearly communicated. Workloads are balanced thoughtfully, preventing burnout common in financial services. Role is consistent, but repetitive. Lunch-and-learns facilitate cross-training. This company respects work-life balance while driving innovation. Benefits are average, and work-life balance depends heavily on your department. Leaders are approachable and genuinely interested in...
Commented in September 07, 2024
36
0
This financial institution combines the stability of an established firm with the energy of a growth company. Communication between teams is formal, sometimes causing delays. Most importantly, there’s a shared passion for delivering exceptional financial solutions ethically. With flexible schedules, remote work options, and generous PTO, employees can thrive both professionally and personally.
Commented in February 22, 2024
45
1

Parkway Bank Overview

Website
Data pending, update soon.
Founded In
2001
Employees
50 - 100 employees
Industry
Financial Services
Headquarter Address
4800 North Harwood Heights Illinois IL 60706
Revenue
$10 Million - $50 Million
Phone Number
+1 7088676600
Social Media
About Parkway Bank
Parkway Bank is a company that operates in the Financial Services industry. It employs 51-100 people and has $10M-$25M of revenue. The company is headquartered in Harwood Heights, Illinois.

What Benefits Does Parkway Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. Parkway 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 Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Parkway Bank.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Parkway Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Parkway Bank salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Parkway Bank

1. What is the estimated average total compensation at Parkway Bank?

Salary.com estimates that the average total compensation package at Parkway Bank, which can include base salary, potential bonuses, and benefits, is around $101,936 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Parkway Bank pay compared to Altamont Bank?

The average annual salary at Parkway Bank is $101,936, or an hourly wage of $49, in comparison to Altamont Bank which pays $86,799 per year or $42 per hour.

3. What's the typical salary progression for an employee moving from an entry-level to a senior role at Parkway Bank?

Salary progression from an entry-level to a senior role at Parkway Bank can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

4. How can I determine if a salary offer from Parkway Bank in Chicago is fair given the local cost of living?

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

5. Are promotions at Parkway Bank usually accompanied by a significant salary increase?

Yes, promotions at Parkway Bank are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.

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