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State Bank of Alcester Salary

State Bank of Alcester Salary

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As of September 2026, the average annual salary for employees at State Bank of Alcester in the United States is $77,180. This translates to an approximate hourly wage of $37. Salaries at State Bank of Alcester typically range from $67,700 to $87,455 annually, reflecting the diverse roles and experience levels within the company.

How Much Does State Bank of Alcester Pay for Different Roles?

Explore detailed salary information for specific jobs at State Bank of Alcester. Based on our data, the highest paying job is the Personal Banker, with an annual salary of $72,102. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Is State Bank of Alcester’s Pay Competitive? Salary Benchmarking Analysis

How does State Bank of Alcester'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
Peoples National Bank of Kewanee $84,004
+8.8%
Influenced by prevailing union wage agreements specific to Peoples National Bank of Kewanee's sector.
Encore Consumer Capital $111,176
+44.0%
Data suggests Encore Consumer Capital's workforce skews heavily towards veteran, high-tenure roles.
Buckman & Corning Financial Strategies Group $87,939
+13.9%
Reflects a supply-demand imbalance for the specific talent Buckman & Corning Financial Strategies Group targets.
Grupo Total Sa Inc $85,101
+10.3%
Supported by Grupo Total Sa Inc's high-margin contracts allowing higher overhead.
Financial Services Industry $121,514
+57.4%
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 State Bank of Alcester's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at State Bank of Alcester

Considering a career at State Bank of Alcester? 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.
Help desk support responds within hours, not days. The benefits offered are comprehensive and thoughtful. The culture emphasizes responsibility, transparency, and ethical standards, which is important in the financial sector. The commitment to ethical financial practices here is unwavering, creating a strong sense of pride and trust among the team.
Commented in March 15, 2025
45
0
Collaborative culture fosters professional growth and innovation. Coworkers are driven and respectful, and leadership consistently promotes internal growth. Benefits include competitive salaries, healthcare, and retirement plans. It’s an inclusive and structured workplace that supports both employee growth and client success. Resources are ample, allowing us to focus on quality work rather than bu...
Commented in October 02, 2024
45
1
Training and development are available but lack consistency. The performance review process is fair, and high achievers are recognized and rewarded. Career growth exists but tends to be structured. Facilities teams keep everything running smoothly. Trust is given by default.
Commented in February 29, 2024
8
1

State Bank of Alcester Overview

Website
www.statebankofalcester.com
Founded In
1890
Employees
<25 employees
Industry
Financial Services
Headquarter Address
PO BOX 168 Alcester South Dakota SD 57001
Revenue
<$5 Million
Phone Number
+1 6059342500
Social Media
About State Bank of Alcester
The State Bank of Alcester is a locally-owned community bank and has been family-owned since 1919. We offer local decision-making and service, along with reinvestment in the community; but we have the technology and products/services of large, national banks. Our bank is deeply committed to its customers and the area. Our reputation as a high-quality financial services provider is truly a reflecti

What Benefits Does State Bank of Alcester Offer Beyond Salary?

A competitive compensation package is more than just a salary. State Bank of Alcester 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)
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What Is the Cost of Living Near Sioux Falls?

Understanding the cost of living near Sioux Falls is key to truly evaluating a salary offer or your current compensation at State Bank of Alcester.
Sioux Falls' Cost of Living Index is approximately 90.5 (9.5% less expensive than US average; 3.0% less than SD average). Largest SD city, financial/healthcare hub, affordable housing. SAM bus. When planning your budget based on a salary from State Bank of Alcester, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $900 - $1,400+ A significant portion of State Bank of Alcester salary. Location choices impact this heavily.
Utilities (Basic) $110 - $200 Electricity, Heating, Cooling, Water etc.
Public Transportation $30 (SAM monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $570 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $680+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,150 - $3,500+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of State Bank of Alcester

1. What is the estimated average total compensation at State Bank of Alcester?

Salary.com estimates that the average total compensation package at State Bank of Alcester, which can include base salary, potential bonuses, and benefits, is around $77,180 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does State Bank of Alcester pay compared to Peoples National Bank of Kewanee?

The average annual salary at State Bank of Alcester is $77,180, or an hourly wage of $37, in comparison to Peoples National Bank of Kewanee which pays $84,004 per year or $40 per hour.

3. Do salaries differ significantly between departments at State Bank of Alcester?

Yes, salaries often differ between departments at State Bank of Alcester 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 State Bank of Alcester?

Salary progression from an entry-level to a senior role at State Bank of Alcester 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 State Bank of Alcester in Sioux Falls is fair given the local cost of living?

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

6. Are promotions at State Bank of Alcester usually accompanied by a significant salary increase?

Yes, promotions at State Bank of Alcester 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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