What is the highest paying job at Selectbank?

Based on our latest data, the highest paying role at Selectbank is Business Anaylst, earning approximately $136,585 annually.

Where is Selectbank located?

Selectbank is headquartered in FOREST, VA, but may have operations in other locations within the Financial Services sector.

What does Selectbank do?

According to the company's overview, Welcome to a new, and better, community bank.

What industry is Selectbank in?

Selectbank operates in the Financial Services industry.

Selectbank Average Salary and Pay Ranges

Selectbank Salary

Yearly Salary Hourly Rate Monthly Salary Weekly Salary

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Salary at Selectbank

How Much Does Selectbank Pay for Different Roles?

Explore detailed salary information for specific jobs at Selectbank. 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.

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

Loan Documentation Manager

$111,496 / year

Salary Range: $100,164 - $125,601

Retail

Universal Banker II

$64,820 / year

Salary Range: $56,525 - $74,966

Resident Services

Bilingual Universal Banker, Mandarin, Cantonese and English

$41,884 / year

Salary Range: $37,017 - $50,497

Sales

Bilingual Relationship Banker, Mandarin or Cantonese and English

$92,266 / year

Salary Range: $79,068 - $105,690

Relationship Management

SBA Commercial Loan Processor

$39,889 / year

Salary Range: $35,891 - $44,332

Consumer Payment

Bilingual Universal Banker II, Vietnamese and English

$46,020 / year

Salary Range: $40,878 - $54,223

Sales

Bilingual Universal Banker, Korean and English Preferred Job

$41,884 / year

Salary Range: $37,017 - $50,497

Sales

Bilingual Universal Banker I, Mandarin, Cantonese and English

$41,884 / year

Salary Range: $37,017 - $50,497

Sales

Turn Insight into Opportunity: Current Job Openings

Ready for your next career move? Explore current job openings at Selectbank.

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About Selectbank: Company Profile

Website

www.myselectbank.com

Founded In

2006

Employees

50 - 100 employees

Industry

Financial Services

Headquarter Location

FOREST

Revenue

$10 Million - $50 Million

Phone Number

About SELECTBANK

Welcome to a new, and better, community bank. At Select Bank, we can help you manage your time and your money. We've brought together old-fashioned service and the latest tools and technology in order to provide you with the products and services you need, when you need them - and on your terms. We're focused on treating every customer like they're our only customer.

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

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Selectbank's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.

Employees are encouraged to upskill and explore cross-functional roles. Information flows freely in all directions. Mentorship programs, tuition reimbursement, and leadership training are just a few ways they invest in their workforce. It’s a stable, future-forward company with a strong industry presence. Root cause analysis prevents recurring issues.

Commented in March 20, 2025

Working here offers a great balance of challenge and support. Employees are given meaningful responsibilities, fostering professional growth. Changes happen and improvements are incremental. The job is consistent and moderately challenging. Working at this financial services firm has been an exceptional experience. We help clients navigate complex financial landscapes, making a real difference in ...

Commented in October 03, 2024

The company stands out for its client-centered mission and employee empowerment. Important updates come through multiple channels. The company provides job security but can appeal to those seeking rapid change or growth.

Commented in September 24, 2024

Benefits are average, and work-life balance depends heavily on your department. Leaders explain the why behind shifts. Good benefits, though promotion opportunities are limited. Promotions take time and patience. This transparency builds trust at all levels.

Commented in February 03, 2024

How Selectbank's Salaries Compare to Similar Companies?

The data below provides a snapshot of what comparable firms are paying, offering crucial context for evaluating Selectbank’s pay competitiveness. Click on a company for a deeper dive.

STATE NEBRASKA BANK AND TRUST

SECURITYBANKMN

SHERMAN COUNTY BANK

SURETY BANK

SERVICE BANK BRANCH OF FARMERS EXCHANGE BANK CHEROKEE

STONEBRIDGE BANK

SUMNER BANK & TRUST

SAVINGSBANKIA

JACKSON COUNTY BANK

THE BANK OF MONROE

PRIMGHAR SAVINGS BANK

Avg. Salary: $71,786

CITIZENS STATE BANK

Avg. Salary: $80,544

Is Selectbank’s Pay Competitive? Salary Benchmarking Analysis

How does Selectbank'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
STATE NEBRASKA BANK AND TRUST	$72,058	-7.4%	STATE NEBRASKA BANK AND TRUST focuses strategically on recruiting and training entry-level apprentices.
SECURITYBANKMN	$84,971	+9.2%	Reflects structural premiums typical of SECURITYBANKMN's large-cap national operations.
SHERMAN COUNTY BANK	$77,470	-0.5%	Suggests SHERMAN COUNTY BANK utilizes a highly similar base-plus-benefits compensation model.
SURETY BANK	$75,698	-2.7%	Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Financial Services Industry	$121,514	+56.1%	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 Lynchburg?

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

Lynchburg's Cost of Living Index is approximately 82.1 (17.9% less expensive than US average; 21.0% less than VA average). Central VA city (Liberty Univ.), affordable. GLTC. When planning your budget based on a salary from Selectbank, consider these typical monthly expenses:

Expense Category	Estimated Monthly Cost	Key Considerations / Notes
Housing (1-BR Apt Rent)	$800 - $1,200+	A significant portion of Selectbank salary. Location choices impact this heavily.
Utilities (Basic)	$130 - $220	Electricity, Heating, Cooling, Water etc.
Public Transportation	Limited local transit	Essential for most commuters; car ownership is costly.
Groceries (Single Person)	$370 - $550	Can be higher with more dining out or specialty stores.
Personal & Leisure	$300 - $580+	Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual)	$350 - $640+	Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes)	$1,980 - $3,190+	This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Selectbank

FAQ 1: What is the typical salary range (low to high) for most roles at Selectbank?

The typical annual salary range for most roles at Selectbank is approximately from $68,243 to $88,339. 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 Selectbank pay compared to STATE NEBRASKA BANK AND TRUST?

The average annual salary at Selectbank is $77,825, or an hourly wage of $37, in comparison to STATE NEBRASKA BANK AND TRUST which pays $72,057 per year or $35 per hour.

FAQ 3: How does experience level affect salary at Selectbank?

Experience level is a significant factor in determining salary at Selectbank, 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 Selectbank in Lynchburg is fair given the local cost of living?

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

FAQ 5: Why might an individual's actual salary at Selectbank differ from the ranges shown here?

An individual's actual salary at Selectbank can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.