Star Bank Salary

Star Bank Salary

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As of May 2026, the average annual salary for employees at Star Bank in the United States is $90,850. This translates to an approximate hourly wage of $44. Salaries at Star Bank typically range from $79,640 to $103,051 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Star Bank

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

Is Star Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Star 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
Ocean View Funding LLC $89,078
-2.0%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Financial Bank ATM Center $102,790
+13.1%
Reflects structural premiums typical of Financial Bank ATM Center's large-cap national operations.
Bowman Limb Bank $93,149
+2.5%
Suggests Bowman Limb Bank utilizes a highly similar base-plus-benefits compensation model.
Glacier Bank FSB $83,551
-8.0%
Glacier Bank FSB operates with a leaner overhead structure, impacting base wage offers.
Financial Services Industry $121,514
+33.8%
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 Star Bank's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Star Bank

Considering a career at Star 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.
Corporate social responsibility is authentic. It’s inspiring to work for a financial institution that truly walks the talk when it comes to DEI. The systems in place support success. There are occasional team-building events, but mostly it’s a quiet, task-focused environment.
Commented in April 14, 2025
37
2
I'm proud to be part of such a professional team. Open-door policies promote honest communication. Management is polite but often distant from frontline employees. Meetings are regular and productive, though they can feel repetitive. This company has a clear commitment to employee well-being and professional growth. Benefits, including health insurance and stock options, are excellent. Career prog...
Commented in September 21, 2024
14
1
Professional membership fees are covered. They actively seek employee input and implement feedback effectively. The company values integrity and ethical practices, which reflects in every decision. This financial services company has mastered the art of maintaining work-life balance in a high-performance environment. Work-life balance depends heavily on manager support.
Commented in May 11, 2024
9
0
Collaboration occurs mostly within teams rather than company-wide. Collaborative atmosphere and open dialogue. Supportive culture with excellent training opportunities.
Commented in January 31, 2024
33
1

Star Bank Overview

Website
www.starbank.net
Founded In
1904
Employees
50 - 100 employees
Industry
Financial Services
Headquarter Address
460 Elm St E Annandale Minnesota MN 55302
Revenue
$10 Million - $50 Million
Phone Number
+1 3202742265
Social Media
About Star Bank
Star Bank was originally chartered in 1904 as The First National Bank in Bertha, Minnesota. Following its purchase by Harry Wahlquist in 1989, Star Bank is now a family-owned Independent Community Bank that offers a wide variety of financial solutions to individuals and businesses in rural and urban Minnesota, in many instances where the mega banks refuse to operate. With $280 million in assets an

What Benefits Does Star Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. Star 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 Star Bank?
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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 Star 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 Star 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 Star 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 Star Bank

1. What is the average salary for employees at Star Bank?

The average annual total compensation for employees at Star Bank is approximately $90,850. However, this is an aggregate figure, actual salaries can range significantly, typically from $79,640 to $103,051, depending on factors like job role, experience, and location.

2. How much does Star Bank pay compared to Ocean View Funding LLC?

The average annual salary at Star Bank is $90,850, or an hourly wage of $44, in comparison to Ocean View Funding LLC which pays $89,078 per year or $43 per hour.

3. What is the lowest salary at Star Bank?

The lowest-paying job at Star Bank is a Security Officer with a salary of $39,749 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Star Bank?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Star Bank for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Star Bank offer cost-of-living adjustments (COLA) for employees in high-cost areas like Minneapolis?

While some companies offer formal COLA, many, including potentially Star Bank, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at Star Bank?

Most companies, likely including Star Bank, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.

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