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Shell Lake State Bank Salary

Shell Lake State Bank Salary

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As of September 2026, the average annual salary for employees at Shell Lake State Bank in the United States is $85,091. This translates to an approximate hourly wage of $41. Salaries at Shell Lake State Bank typically range from $74,637 to $96,429 annually, reflecting the diverse roles and experience levels within the company.
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Is Shell Lake State Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Shell Lake State 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
Fgr Holdings LLC $88,603
+4.1%
Adjusted for higher cost-of-living indices in Fgr Holdings LLC's primary metro hubs.
NexVision Financial Group Inc $96,715
+13.7%
Reflects a supply-demand imbalance for the specific talent NexVision Financial Group Inc targets.
Sortis Financial Inc $88,350
+3.8%
Reflects structural premiums typical of Sortis Financial Inc's large-cap national operations.
Hub City Lending $79,901
-6.1%
Hub City Lending operates with a leaner overhead structure, impacting base wage offers.
Financial Services Industry $121,514
+42.8%
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 Shell Lake State Bank's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Shell Lake State Bank

Considering a career at Shell Lake State 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.
Tasks are well defined. Cross-department collaboration is common, fostering a team-oriented environment. Work-life balance depends on project deadlines. Teams operate with mutual respect, and innovation is encouraged. This autonomy fosters responsibility and a sense of ownership over my work.
Commented in May 22, 2025
11
1
Sustainable business practices are operationalized. Job offers stability over excitement. There is minimal team bonding, and innovation is often viewed as a risk. Training programs are available but lack consistency across departments. The company has robust internal learning platforms and clear pathways for advancement. It’s an inclusive and structured workplace that supports both employee growth...
Commented in December 22, 2024
11
1
The company promotes a healthy work-life balance with flexible hours and remote work options. Engaging, meaningful work every day. Operations are seamless, yet individual achievements are celebrated. This synergy not only enhances operational efficiency but also creates a supportive and intellectually stimulating environment for all employees.
Commented in March 20, 2024
21
0

Shell Lake State Bank Overview

Website
www.shelllakestatebank.com
Founded In
1916
Employees
<25 employees
Industry
Financial Services
Headquarter Address
PO Box 130 Shell Lake Wisconsin WI 54871
Revenue
$5 Million - $10 Million
Phone Number
+1 7154687858
Social Media
About Shell Lake State Bank
Since 1934 the Shell Lake State Bank has been providing financial services to the residents and visitors of Northwest Wisconsin. Complete banking services are available at the Main Office in Shell Lake as well as the branch in Spooner. Limited banking services are available at the Sarona Branch three mornings per week. In 1990, Shell Lake State Bank purchased Spooner Insurance Services and is pres

What Benefits Does Shell Lake State Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. Shell Lake State 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)
Work at Shell Lake State Bank?
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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 Shell Lake State Bank.
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 Shell Lake State Bank, 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 Shell Lake State Bank 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.

FAQs of Shell Lake State Bank

1. What is the estimated average total compensation at Shell Lake State Bank?

Salary.com estimates that the average total compensation package at Shell Lake State Bank, which can include base salary, potential bonuses, and benefits, is around $85,091 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Shell Lake State Bank pay compared to Fgr Holdings LLC?

The average annual salary at Shell Lake State Bank is $85,091, or an hourly wage of $41, in comparison to Fgr Holdings LLC which pays $88,603 per year or $43 per hour.

3. Do salaries differ significantly between departments at Shell Lake State Bank?

Yes, salaries often differ between departments at Shell Lake State Bank due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. What's the typical salary progression for an employee moving from an entry-level to a senior role at Shell Lake State Bank?

Salary progression from an entry-level to a senior role at Shell Lake State Bank can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

5. How can I determine if a salary offer from Shell Lake State Bank in Madison is fair given the local cost of living?

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

6. Are promotions at Shell Lake State Bank usually accompanied by a significant salary increase?

Yes, promotions at Shell Lake State Bank are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.

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