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Planters Bank & Trust Co Salary

Planters Bank & Trust Co Salary

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As of October 2026, the average annual salary for employees at Planters Bank & Trust Co in the United States is $93,012. This translates to an approximate hourly wage of $45. Salaries at Planters Bank & Trust Co typically range from $81,519 to $105,550 annually, reflecting the diverse roles and experience levels within the company.
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Is Planters Bank & Trust Co’s Pay Competitive? Salary Benchmarking Analysis

How does Planters Bank & Trust Co'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
Standard Bank and Trust Co $110,142
+18.4%
Reflects structural premiums typical of Standard Bank and Trust Co's large-cap national operations.
Central Valley Community Bancorp $103,149
+10.9%
Driven by niche technical certifications required for Central Valley Community Bancorp's specialized projects.
Stronghold Ltd $100,670
+8.2%
Influenced by prevailing union wage agreements specific to Stronghold Ltd's sector.
gaP & J Holding Group Inc $99,742
+7.2%
Reflects a supply-demand imbalance for the specific talent gaP & J Holding Group Inc targets.
Financial Services Industry $121,514
+30.6%
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 & Trust Co'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 & Trust Co. Click a company name to learn more.

Employee Reviews: Working at Planters Bank & Trust Co

Considering a career at Planters Bank & Trust Co? 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.
Supportive team and great leadership. The scale of operations—, allowing employees to gain exposure to different aspects of finance. Even when things get busy, there’s support and a positive attitude. Managers encourage feedback and professional development. There’s a strong team dynamic that drives results without sacrificing morale.
Commented in February 23, 2025
46
3
Performance reviews are regular but somewhat generic. Career growth opportunities exist but progress is gradual. Feedback is solicited and incorporated. stands out for its strong emphasis on corporate social responsibility and sustainability. Project completions are acknowledged. Training programs are available but lack consistency across departments. Volunteer PTO allows meaningful community enga...
Commented in May 05, 2024
49
1
The career advancement opportunities at gowth across various financial disciplines, from investment banking to wealth management. Communication is clear but sometimes delayed, affecting collaboration. I appreciate the focus on continuous improvement. The company is known for solid benefits and work-life balance, but promotion paths are not well defined.
Commented in February 04, 2024
13
2

Planters Bank & Trust Co Overview

Website
www.planters-bank.com
Founded In
1869
Employees
200 - 500 employees
Industry
Financial Services
Headquarter Address
232 Goodman Rd W Southaven Mississippi MS 38671
Revenue
$10 Million - $50 Million
Phone Number
+1 6625362016
Social Media
About Planters Bank & Trust Co
Planters Bank & Trust Co is a company that operates in the Financial Services industry. It employs 101-250 people and has $25M-$50M of revenue. The company is headquartered in Southaven, Mississippi.

What Benefits Does Planters Bank & Trust Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Planters Bank & Trust Co 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 Southaven?

Understanding the cost of living near Southaven is key to truly evaluating a salary offer or your current compensation at Planters Bank & Trust Co.
Southaven's Cost of Living Index is approximately 87.6 (12.4% less expensive than US average; 1.9% more than MS average). Memphis, TN suburb (DeSoto Co.), affordable housing. Limited local transit. When planning your budget based on a salary from Planters Bank & Trust Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $950 - $1,400+ A significant portion of Planters Bank & Trust Co salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation Car-dependent Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,170 - $3,500+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Planters Bank & Trust Co

1. What is the estimated average total compensation at Planters Bank & Trust Co?

Salary.com estimates that the average total compensation package at Planters Bank & Trust Co, which can include base salary, potential bonuses, and benefits, is around $93,012 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Planters Bank & Trust Co pay compared to Standard Bank and Trust Co?

The average annual salary at Planters Bank & Trust Co is $93,012, or an hourly wage of $45, in comparison to Standard Bank and Trust Co which pays $110,142 per year or $53 per hour.

3. Do salaries differ significantly between departments at Planters Bank & Trust Co?

Yes, salaries often differ between departments at Planters Bank & Trust Co due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. What's the typical salary progression for an employee moving from an entry-level to a senior role at Planters Bank & Trust Co?

Salary progression from an entry-level to a senior role at Planters Bank & Trust Co 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.

5. How can I determine if a salary offer from Planters Bank & Trust Co in Southaven is fair given the local cost of living?

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

6. Are promotions at Planters Bank & Trust Co usually accompanied by a significant salary increase?

Yes, promotions at Planters Bank & Trust Co 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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