Planters Bank Inc Salary

Planters Bank Inc Salary

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As of August 2026, the average annual salary for employees at Planters Bank Inc in the United States is $88,877. This translates to an approximate hourly wage of $43. Salaries at Planters Bank Inc typically range from $77,908 to $100,831 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Planters Bank Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Planters Bank Inc. Based on our data, the highest paying job is the Chief Executive Officer, with an annual salary of $687,989. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Current Job Openings at Planters Bank Inc

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

Is Planters Bank Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Planters Bank Inc'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
Tribul Merchant Services LLC $116,344
+30.9%
Reflects structural premiums typical of Tribul Merchant Services LLC's large-cap national operations.
CCB Community Bank $84,236
-5.2%
CCB Community Bank operates with a leaner overhead structure, impacting base wage offers.
United States Philadelphia Mellon Bank Center $92,211
+3.7%
Reflects a supply-demand imbalance for the specific talent United States Philadelphia Mellon Bank Center targets.
Barnett Bank of Polk County $91,641
+3.1%
Adjusted for higher cost-of-living indices in Barnett Bank of Polk County's primary metro hubs.
Financial Services Industry $121,514
+36.7%
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 Planters Bank Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Planters Bank Inc

Considering a career at Planters Bank Inc? 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.
Job roles are clearly defined, which helps avoid confusion. The rationale behind changes is always explained. It's a great place to build a rewarding career in financial services with a future-focused mindset. Tools and resources are modern and effective. A fine place to begin a career.
Commented in March 02, 2025
45
0
Job roles can be repetitive with limited variety. Institutional knowledge isn't siloed with individuals. It's fulfilling to be part of an organization that genuinely cares about its reputation and client satisfaction. The company encourages continuous learning and values employee feedback. Feedback is solicited and incorporated. Employee safety comes first. Working here has exceeded my expectation...
Commented in February 04, 2025
33
2
Open-door policies make leadership accessible. This principled approach makes me genuinely proud to be part of this organization and its positive impact. The collaborative environment and smart coworkers make every day engaging.
Commented in September 02, 2024
17
2
Benefits are standard but could be more competitive. Mentors provide guidance beyond the formal program. Leaders are approachable and genuinely interested in employee feedback.
Commented in January 27, 2024
31
3

Planters Bank Inc Overview

Website
www.plantersbankonline.com
Founded In
1996
Employees
100 - 200 employees
Industry
Financial Services
Headquarter Address
1312 S Main St Hopkinsville Kentucky KY 42240
Revenue
$10 Million - $50 Million
Phone Number
+1 2708869030
Social Media
About Planters Bank Inc
Planters Bank is a growing community bank with 12 offices in Western Kentucky and Clarksville, Tennessee. Headquartered in Hopkinsville, Kentucky, Planters is a full-service bank with a wide array of both consumer and commercial lending and deposit services. A tradition of excellence in customer service is the reason you can Expect Great Things with Planters Bank.

What Benefits Does Planters Bank Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Planters Bank Inc 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 Hopkinsville?

Understanding the cost of living near Hopkinsville is key to truly evaluating a salary offer or your current compensation at Planters Bank Inc.
Hopkinsville's Cost of Living Index is approximately 78.1 (21.9% less expensive than US average; 15.9% less than KY average). SW KY city near Fort Campbell, very affordable. HBT. When planning your budget based on a salary from Planters Bank Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $650 - $1,000+ A significant portion of Planters Bank Inc salary. Location choices impact this heavily.
Utilities (Basic) $160 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation Limited local transit Essential for most commuters; car ownership is costly.
Groceries (Single Person) $360 - $530 Can be higher with more dining out or specialty stores.
Personal & Leisure $250 - $500+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $330 - $620+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $1,780 - $2,900+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Planters Bank Inc

1. How much does Planters Bank Inc in the United States pay?

Planters Bank Inc pays its employees an average of $88,877 per year. The average salary at Planters Bank Inc range from $77,908 to $100,831 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. Do Planters Bank Inc employees get a higher salary than its peer company?

The salary at Planters Bank Inc is lesser than its peer company. The average annual salary at Planters Bank Inc is $88,877, or an hourly wage of $43, in comparison to Tribul Merchant Services LLC which pays $116,344 per year or $56 per hour.

3. What are the highest paying jobs at Planters Bank Inc?

The higher-paying job at Planters Bank Inc, according to our data, include Chief Executive Officer (avg. $687,989 per year), Senior Vice President - Chief Operating Officer (avg. $401,346 per year), and Vice President, Retail Banking (avg. $269,888 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Planters Bank Inc?

Salary progression with years of experience at Planters Bank Inc is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

5. Do salaries at Planters Bank Inc vary by office location?

Yes, it's very likely that salaries at Planters Bank Inc vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Hopkinsville section provides more context.

6. Does Planters Bank Inc offer good benefits?

Planters Bank Inc typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Planters Bank Inc" section on this page.

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