State Central Bank Salary

As of September 2026, the average annual salary for employees at State Central Bank in the United States is $84,352. This translates to an approximate hourly wage of $41. Salaries at State Central Bank typically range from $73,986 to $95,588 annually, reflecting the diverse roles and experience levels within the company.
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Is State Central Bank’s Pay Competitive? Salary Benchmarking Analysis

How does State Central 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
Wealth Advisors of Tampa Bay $85,006
+0.8%
Indicates identical technical requirements and experience levels between the two firms.
Waukon State Bank $81,251
-3.7%
Typical compensation structure for smaller regional agencies like Waukon State Bank.
Nhg Wisconsin Eight, A California LP $91,968
+9.0%
Data suggests Nhg Wisconsin Eight, A California LP's workforce skews heavily towards veteran, high-tenure roles.
GBIG Holdings Inc $90,945
+7.8%
Driven by niche technical certifications required for GBIG Holdings Inc's specialized projects.
Financial Services Industry $121,514
+44.1%
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.

Employee Reviews: Working at State Central Bank

Considering a career at State Central 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.
This commitment ensures that our services not only achieve financial goals but also align with the highest ethical principles. Being part of a team with operations spanning continents means collaborating with diverse cultures and understanding global market dynamics. I’ve experienced consistent growth and recognition in my role. Career growth is possible. Training is available it is consistent.
Training and development programs are excellent, helping employees enhance their skills and progress in their careers. The environment is inclusive and professional. The company's focus on long-term success allows for thoughtful, strategic decision-making. The culture is formal and process-oriented, which can restrict creativity and adaptability. It’s a culture that truly promotes growth and colla...
The focus is on business needs rather than penny-pinching. It’s a reliable place but can suit fast-paced professionals. Privacy isn't sacrificed for convenience. I feel empowered to bring ideas forward.

State Central Bank Overview

Website
www.statecentralbank.com
Founded In
1858
Employees
<25 employees
Industry
Financial Services
Headquarter Address
101 S 2nd St Farmington Iowa IA 52626
Revenue
$5 Million - $10 Million
Phone Number
+1 3198783320
Social Media
About State Central Bank
It is the best way to communicate with us and the ONLY way to be sure your confidential information (account numbers, tax ID numbers and financial statements) is delivered safely. We at State Central Bank feel it's our responsibility to protect the sensitive business information we share together. Secure Email

What Benefits Does State Central Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. State Central 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)
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What Is the Cost of Living Near Des Moines?

Understanding the cost of living near Des Moines is key to truly evaluating a salary offer or your current compensation at State Central Bank.
Des Moines' Cost of Living Index is approximately 80.8 (19.2% less expensive than US average; 10.1% less than IA average). State capital, affordable housing, growing. DART bus. When planning your budget based on a salary from State Central Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $850 - $1,300+ A significant portion of State Central Bank salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $48 (DART monthly pass) 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 $330 - $600+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $650+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,078 - $3,328+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of State Central Bank

1. How much does State Central Bank in the United States pay?

State Central Bank pays its employees an average of $84,352 per year. The average salary at State Central Bank range from $73,986 to $95,588 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.

2. Do State Central Bank employees get a higher salary than its peer company?

The salary at State Central Bank is lesser than its peer company. The average annual salary at State Central Bank is $84,352, or an hourly wage of $41, in comparison to Wealth Advisors of Tampa Bay which pays $85,006 per year or $41 per hour.

3. What are the highest paying jobs at State Central Bank?

The higher-paying job at State Central Bank, according to our data, include President (avg. $652,961 per year), Chief Financial Officer (avg. $340,425 per year), and Executive Vice President (avg. $248,464 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at State Central Bank?

Salary progression with years of experience at State Central Bank is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

5. Do salaries at State Central Bank vary by office location?

Yes, it's very likely that salaries at State Central Bank vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Des Moines section provides more context.

6. Does State Central Bank offer good benefits?

State Central Bank typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at State Central Bank" section on this page.