What is the highest paying job at Red Rock Bank?

Based on our latest data, the highest paying role at Red Rock Bank is Chief Executive Officer, earning approximately $608,951 annually.

Where is Red Rock Bank located?

Red Rock Bank is headquartered in Sanborn, Minnesota, but may have operations in other locations within the Financial Services sector.

What industry is Red Rock Bank in?

Red Rock Bank operates in the Financial Services industry.

Red Rock Bank Average Salary, Pay Ranges & Benefits

Q: What does Red Rock Bank do?

According to the company's overview, At Red Rock Bank, now serving in two locations, Sanborn and Springfield, MN, are committed to meeting the needs of our customers with convenient banking technology as well as exceptional customer service.

Red Rock Bank Salary

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Salary at Red Rock Bank

How Much Does Red Rock Bank Pay for Different Roles?

Explore detailed salary information for specific jobs at Red Rock Bank. Based on our data, the highest paying job is the Chief Executive Officer, with an annual salary of $608,951. The table below outlines the annual salary ranges for most popular roles within the company.

Chief Executive Officer

$608,951 / year

Salary Range: $464,724 - $769,049

Executive

Position In Customer Service

$31,388 / year

Salary Range: $28,472 - $34,702

Customer Service

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Current Job Openings at Red Rock Bank

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

Is Red Rock Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Red Rock 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
Pacific Coastline Escrow	$98,687	+25.4%	Driven by niche technical certifications required for Pacific Coastline Escrow's specialized projects.
My MTG Ladies	$84,236	+7.1%	Reflects structural premiums typical of My MTG Ladies's large-cap national operations.
EP Federal Credit Union	$99,214	+26.1%	Supported by EP Federal Credit Union's high-margin contracts allowing higher overhead.
Bakos Investment Management	$111,387	+41.6%	Influenced by prevailing union wage agreements specific to Bakos Investment Management's sector.
Financial Services Industry	$121,514	+54.5%	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 Red Rock Bank's Salaries Compare to Similar Companies?

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

Pacific Coastline Escrow

$98,687 / year

Salary Range: $86,559 - $111,830

Long Beach, CA

My MTG Ladies

$84,236 / year

Salary Range: $73,886 - $95,454

Taylorsville, UT

EP Federal Credit Union

$99,214 / year

Salary Range: $87,026 - $112,428

Washington, DC

Bakos Investment Management

$111,387 / year

Salary Range: $97,702 - $126,219

Los Altos, CA

Altair Capital Group LLC

$86,515 / year

Salary Range: $75,883 - $98,039

Coppell, TX

Chief Financial Officer

$86,915 / year

Salary Range: $76,241 - $98,490

Matthews, NC

5747 5753 Executive Boulevard Holdings LLC

$95,006 / year

Salary Range: $83,287 - $107,745

Baltimore, MD

Randall State Bank

$82,738 / year

Salary Range: $72,575 - $93,759

Randall, MN

California Infrastructure and Economic Development Bank

$95,280 / year

Salary Range: $83,571 - $107,965

Sacramento, CA

Employee Reviews: Working at Red Rock Bank

Considering a career at Red Rock 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.

Career growth opportunities exist but progress is gradual. Career growth depends on tenure more than performance or innovation. There’s a lot of attention to detail, and people care about doing things right. The company's reputation in the industry is stellar, providing pride in our work.

Commented in February 27, 2025

The benefits package is comprehensive, including excellent healthcare coverage and retirement options. Digital workflows have eliminated most paper processes. This flexibility has improved my productivity and work-life harmony. It demonstrates a true investment in developing talent from within the company, which is greatly appreciated by all employees.

Commented in December 17, 2024

Most tasks are procedural and repeatable. Their commitment to ethical investing and supporting philanthropic initiatives demonstrates a broader vision beyond just financial returns. Work-life balance depends on the department and manager. This enables us to work efficiently and effectively for our clients. Work-life balance varies by team and manager support. I'm consistently impressed by the high...

Commented in July 27, 2024

Red Rock Bank Overview

Website

www.myredrockbank.com

Founded In

1901

Employees

<25 employees

Industry

Financial Services

Headquarter Address

100 S Main St Sanborn Minnesota MN 56083

Revenue

<$5 Million

Phone Number

+1 5076483871

About Red Rock Bank

At Red Rock Bank, now serving in two locations, Sanborn and Springfield, MN, are committed to meeting the needs of our customers with convenient banking technology as well as exceptional customer service. We have served the financial needs of our good friends and neighbors since 1901 in a personal, small town operated manner.

What Benefits Does Red Rock Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. Red Rock 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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How Much Should You Be Earning?

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

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What Is the Cost of Living Near Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Red Rock Bank.

Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Red Rock Bank, consider these typical monthly expenses:

Expense Category	Estimated Monthly Cost	Key Considerations / Notes
Housing (1-BR Apt Rent)	$1,400 - $2,100+	A significant portion of Red Rock Bank salary. Location choices impact this heavily.
Utilities (Basic)	$130 - $230 (Heating significant)	Electricity, Heating, Cooling, Water etc.
Public Transportation	$120 (Metro Transit monthly pass)	Essential for most commuters; car ownership is costly.
Groceries (Single Person)	$430 - $630	Can be higher with more dining out or specialty stores.
Personal & Leisure	$450 - $800+	Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual)	$390 - $720+	Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes)	$2,920 - $4,480+	This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Red Rock Bank

1. What is the typical salary range (low to high) for most roles at Red Rock Bank?

The typical annual salary range for most roles at Red Rock Bank is approximately from $69,001 to $89,137. 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. How much does Red Rock Bank pay compared to Pacific Coastline Escrow?

The average annual salary at Red Rock Bank is $78,667, or an hourly wage of $38, in comparison to Pacific Coastline Escrow which pays $98,687 per year or $47 per hour.

3. How does experience level affect salary at Red Rock Bank?

Experience level is a significant factor in determining salary at Red Rock Bank, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

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

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

5. Are the salaries listed for Red Rock Bank on Salary.com pre-tax or after-tax?

All salary figures displayed for Red Rock Bank, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.