Royal Bancshares, Inc. Salary

As of August 2026, the average annual salary for employees at Royal Bancshares, Inc. in the United States is $80,373. This translates to an approximate hourly wage of $39. Salaries at Royal Bancshares, Inc. typically range from $70,477 to $91,234 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Royal Bancshares, Inc. Pay for Different Roles?

Explore detailed salary information for specific jobs at Royal Bancshares, Inc.. Based on our data, the highest paying job is the Business Anaylst, with an annual salary of $136,585. The table below outlines the annual salary ranges for most popular roles within the company.

Business Anaylst

$136,585 / year

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

Library

Contact Center Agent

$86,351 / year

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

Sales

Digital Banking Agent

$69,758 / year

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

Construction

Digital Services Specialist

$34,932 / year

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

Security Services

Digital Support Agent

$69,758 / year

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

Construction

Fraud and Security Specialist

$91,520 / year

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

Security Services

Turn Insight into Opportunity: Current Job Openings

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About Royal Bancshares, Inc.: Company Profile

Website
www.royalbank-usa.com
Founded In
1989
Employees
100 - 200 employees
Industry
Financial Services
Headquarter Location
ELROY
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 Royal Bancshares, Inc.'s culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
Little innovation but solid execution. What stands out is how the organization maintains its core values while adapting to industry evolution. Training programs and career advancement opportunities are plentiful, allowing employees to grow their skills. The company invests in continuous upgrades, ensuring efficiency and security. Client confidentiality is handled with utmost care.
The company runs like a well-oiled machine. It’s a solid company for those who value structure over flexibility or dynamic projects. There's a strong balance between delivering results and maintaining well-being. Working at this financial services firm has been transformative for my career. The work can become repetitive, with few opportunities for innovation.
However, opportunities for rapid advancement are limited unless you’re in a leadership track. The work is meaningful, and the leadership team is communicative and proactive. It's motivating to work where exceptional performance is both challenged and rewarded appropriately. Career growth depends on tenure more than performance or innovation. I’ve never felt more included or respected. Proud to con...
Career progression is possible but usually requires long tenure. It's a dynamic place to grow professionally in the financial services sector. Managers are supportive and accessible. Project completions are acknowledged. Sick time can be used for mental health.

Is Royal Bancshares, Inc.’s Pay Competitive? Salary Benchmarking Analysis

How does Royal Bancshares, 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
RED LAKE COUNTY STATE BANK $76,575
-4.7%
RED LAKE COUNTY STATE BANK may offer non-monetary perks in lieu of competitive base salaries.
RIVER CITY ROVERS, LLC $82,076
+2.1%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
SOLVAY BANK $85,876
+6.8%
Reflects structural premiums typical of SOLVAY BANK's large-cap national operations.
BANK OF THE PACIFIC $89,514
+11.4%
Supported by BANK OF THE PACIFIC's high-margin contracts allowing higher overhead.
Financial Services Industry $121,514
+51.2%
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.

What Is the Cost of Living Near Madison?

Understanding the cost of living near Madison is key to truly evaluating a salary offer or your current compensation at Royal Bancshares, Inc..
Madison's Cost of Living Index is approximately 100.8 (0.8% more expensive than US average; 6.3% more than WI average). State capital (Univ. of WI), desirable, housing costs near US avg. Metro Transit. When planning your budget based on a salary from Royal Bancshares, Inc., consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,200 - $1,700+ A significant portion of Royal Bancshares, Inc. salary. Location choices impact this heavily.
Utilities (Basic) $120 - $210 Electricity, Heating, Cooling, Water etc.
Public Transportation $65 (Metro monthly pass, free for UW) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $410 - $600 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $730+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,575 - $3,945+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Royal Bancshares, Inc.

FAQ 1: How much does a Royal Bancshares, Inc. employee make?
Royal Bancshares, Inc. pays its employees an average of $80,373 per year. The average salary at Royal Bancshares, Inc. range from $70,477 to $91,234 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.
FAQ 2: Which similar company tend to pay more or less than Royal Bancshares, Inc.?
The salary at Royal Bancshares, Inc. is higher than the similar company. The average annual salary at Royal Bancshares, Inc. is $80,373, or an hourly wage of $39, in comparison to RED LAKE COUNTY STATE BANK which pays $76,574 per year or $37 per hour.
FAQ 3: Do employees with advanced degrees (Master's, PhD) earn more at Royal Bancshares, Inc.?
In many roles at Royal Bancshares, Inc., 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.
FAQ 4: How does the cost of living near Madison affect the perceived value of a Royal Bancshares, Inc. salary?
Madison's Cost of Living Index is approximately 100.8 (0.8% more expensive than US average; 6.3% more than WI average). This significantly impacts the purchasing power of a salary from Royal Bancshares, Inc. based there. Our "Cost of Living Insights for Madison" module details this impact, helping you assess the 'real feel' value of your compensation.
FAQ 5: What kind of benefits does Royal Bancshares, Inc. typically offer employees?
Royal Bancshares, Inc. 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 Royal Bancshares, Inc." section on this page.