Riverwood Bank Salary

As of October 2026, the average annual salary for employees at Riverwood Bank in the United States is $79,682. This translates to an approximate hourly wage of $38. Salaries at Riverwood Bank typically range from $69,875 to $90,442 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Riverwood Bank Pay for Different Roles?

Explore detailed salary information for specific jobs at Riverwood Bank. Based on our data, the highest paying job is the Member Services Representative - Atascocita, with an annual salary of $148,610. The table below outlines the annual salary ranges for most popular roles within the company.

Digital Services Specialist

$34,932 / year

Salary Range: $31,525 - $38,948

Security Services

Contact Center Agent

$86,351 / year

Salary Range: $75,884 - $100,095

Sales

Fraud and Security Specialist

$91,520 / year

Salary Range: $78,966 - $105,937

Security Services

Digital Support Agent

$69,758 / year

Salary Range: $61,896 - $78,750

Construction

Business Anaylst

$136,585 / year

Salary Range: $115,388 - $156,730

Library

Digital Banking Agent

$69,758 / year

Salary Range: $61,896 - $78,750

Construction

Turn Insight into Opportunity: Current Job Openings

Ready for your next career move? Explore current job openings at Riverwood Bank.
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About Riverwood Bank: Company Profile

Website
www.riverwoodbank.com
Founded In
1920
Employees
25 - 50 employees
Industry
Financial Services
Headquarter Location
BAXTER
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Riverwood Bank's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
However, the pace of change and some processes feel outdated. Processes are smooth and well-documented. Work feels meaningful and valued. Management maintains order but lacks personal engagement.
Managers invest in talent and mentor staff effectively. There's a strong balance between delivering results and maintaining well-being. Strong leadership encourages transparent communication and trust. Touches like quality coffee and fresh fruit make a difference. Management is generally supportive to respond to concerns. Training is basic but helpful.
Communication between departments sometimes lacks clarity in projects. Leadership is professional but can be distant. Colleagues are competent and professional.

Is Riverwood Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Riverwood 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
ROYALBANKWEB $88,410
+11.0%
Influenced by prevailing union wage agreements specific to ROYALBANKWEB's sector.
REDWOOD CAPITAL BANK $81,804
+2.7%
Indicates identical technical requirements and experience levels between the two firms.
LIGHTHOUSE BANK. PORTIONS $93,361
+17.2%
Reflects a supply-demand imbalance for the specific talent LIGHTHOUSE BANK. PORTIONS targets.
FIRST TRUST BANK $81,419
+2.2%
Suggests FIRST TRUST BANK utilizes a highly similar base-plus-benefits compensation model.
Financial Services Industry $121,514
+52.5%
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.

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 Riverwood 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 Riverwood 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 Riverwood 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.

Most Common Questions About Riverwood Bank

FAQ 1: What is the typical salary range (low to high) for most roles at Riverwood Bank?
The typical annual salary range for most roles at Riverwood Bank is approximately from $69,875 to $90,442. 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.
FAQ 2: How much does Riverwood Bank pay compared to ROYALBANKWEB?
The average annual salary at Riverwood Bank is $79,682, or an hourly wage of $38, in comparison to ROYALBANKWEB which pays $88,409 per year or $43 per hour.
FAQ 3: How does experience level affect salary at Riverwood Bank?
Experience level is a significant factor in determining salary at Riverwood 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.
FAQ 4: How can I determine if a salary offer from Riverwood Bank in Minneapolis is fair given the local cost of living?
To determine if a salary offer from Riverwood Bank in Minneapolis is fair, first compare the gross salary to our data for similar roles at Riverwood 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.
FAQ 5: Are the salaries listed for Riverwood Bank on Salary.com pre-tax or after-tax?
All salary figures displayed for Riverwood 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.