Where is Recardo Banks located?

Recardo Banks is headquartered in Detroit, Michigan, but may have operations in other locations within the Financial Services sector.

What does Recardo Banks do?

According to the company's overview, Recardo Banks is a company that operates in the Financial Services industry.

What industry is Recardo Banks in?

Recardo Banks operates in the Financial Services industry.

Recardo Banks Average Salary, Pay Ranges & Benefits

Recardo Banks Salary

Yearly Salary Hourly Rate Monthly Salary Weekly Salary

Find Out My True Value Get Salary AI Insights

Salary at Recardo Banks

Current Job Openings at Recardo Banks

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

Is Recardo Banks’s Pay Competitive? Salary Benchmarking Analysis

How does Recardo Banks'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
Mb Financial Bank Ann	$99,847	+1.2%	Confirms Mb Financial Bank Ann is a direct competitor vying for the exact same talent pool.
Banks Terrell	$97,115	-1.5%	Indicates identical technical requirements and experience levels between the two firms.
Bank of Cardiff	$102,980	+4.4%	Adjusted for higher cost-of-living indices in Bank of Cardiff's primary metro hubs.
Flyp Financial Inc	$94,637	-4.1%	Flyp Financial Inc focuses strategically on recruiting and training entry-level apprentices.
Financial Services Industry	$121,514	+23.2%	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 Recardo Banks's Salaries Compare to Similar Companies?

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

Mb Financial Bank Ann

$99,847 / year

Salary Range: $87,530 - $113,257

Ann Arbor, MI

Banks Terrell

$97,115 / year

Salary Range: $85,138 - $110,160

Detroit, MI

Bank of Cardiff

$102,980 / year

Salary Range: $90,270 - $116,805

Del Mar, CA

Flyp Financial Inc

$94,637 / year

Salary Range: $82,957 - $107,331

Charlotte, NC

Assured Investment Management LLC

$115,353 / year

Salary Range: $101,120 - $130,841

New York City, NY

7First Financial Bank

$93,940 / year

Salary Range: $82,343 - $106,550

Dayton, OH

Nations Bank

$93,360 / year

Salary Range: $81,840 - $105,892

Kerrville, TX

Capitalone Bank

$108,412 / year

Salary Range: $95,035 - $122,963

Los Angeles, CA

Hancock Whitney (, FL) Bank in&nbsp

$90,713 / year

Salary Range: $79,521 - $102,892

Ponte Vedra Beach, FL

Employee Reviews: Working at Recardo Banks

Considering a career at Recardo Banks? 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.

It’s dependable, though it lacks the spontaneity or challenge that some might be looking for. Being part of a team with operations spanning continents means collaborating with diverse cultures and understanding global market dynamics. I feel motivated by the company’s dedication to client success and innovation in financial services. Governance practices are best-in-class. The company's human sca...

Commented in May 25, 2025

22

0

A lot of financial companies feel cold, but this one is refreshingly human. This financial services organization stands out for its progressive approach to banking and finance. This positive approach reduces stress during tough situations. Colleagues are smart and helpful. I’ve experienced steady growth and feel well supported by management.

Commented in March 19, 2025

9

0

Training programs are top-notch. Policies are clear but sometimes overly bureaucratic, hindering swift decision-making. Corporate social responsibility is authentic.

Commented in February 05, 2025

34

2

Leadership promotes open communication and recognizes achievements regularly. Job roles are clearly defined, but cross-training is rare. An ideal place for professionals focused on financial services excellence. Trust is given by default. This organization provides excellent career growth opportunities, supported by clear development paths and leadership guidance. Our team functions with mutual re...

Commented in May 25, 2024

14

3

A truly inclusive workplace where diversity is celebrated. Proud to contribute to innovation. It’s an inclusive and structured workplace that supports both employee growth and client success. Personal days accommodate unexpected needs. With employees, everyone is aligned in delivering exceptional service.

Commented in March 24, 2024

31

1

What Benefits Does Recardo Banks Offer Beyond Salary?

A competitive compensation package is more than just a salary. Recardo Banks 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)

Work at Recardo Banks?

Share your experience

How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

Get estimated pay range See more details

What Is the Cost of Living Near Detroit?

Understanding the cost of living near Detroit is key to truly evaluating a salary offer or your current compensation at Recardo Banks.

Detroit's Cost of Living Index is approximately 97.6 (2.4% less expensive than US average; 6.9% more than MI average). Housing varies extremely by neighborhood (very cheap to expensive gentrified), overall costs can be low. DDOT/SMART bus, QLine. When planning your budget based on a salary from Recardo Banks, consider these typical monthly expenses:

Expense Category	Estimated Monthly Cost	Key Considerations / Notes
Housing (1-BR Apt Rent)	$800 - $1,500+ (Highly variable)	A significant portion of Recardo Banks salary. Location choices impact this heavily.
Utilities (Basic)	$150 - $250	Electricity, Heating, Cooling, Water etc.
Public Transportation	$70 (DDOT/SMART monthly pass)	Essential for most commuters; car ownership is costly.
Groceries (Single Person)	$390 - $570	Can be higher with more dining out or specialty stores.
Personal & Leisure	$350 - $650+	Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual)	$370 - $690+	Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes)	$2,130 - $3,660+	This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Recardo Banks

1. How much does a Recardo Banks employee make?

Recardo Banks pays its employees an average of $98,634 per year. The average salary at Recardo Banks range from $86,467 to $111,879 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 Recardo Banks?

The salary at Recardo Banks is lesser than the similar company. The average annual salary at Recardo Banks is $98,634, or an hourly wage of $47, in comparison to Mb Financial Bank Ann which pays $99,847 per year or $48 per hour.

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

In many roles at Recardo Banks, 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 Detroit affect the perceived value of a Recardo Banks salary?

Detroit's Cost of Living Index is approximately 97.6 (2.4% less expensive than US average; 6.9% more than MI average). This significantly impacts the purchasing power of a salary from Recardo Banks based there. Our "Cost of Living Insights for Detroit" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Recardo Banks typically offer employees?

Recardo Banks 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 Recardo Banks" section on this page.