The Iuka State Bank Salary

As of August 2026, the average annual salary for employees at The Iuka State Bank in the United States is $79,521. This translates to an approximate hourly wage of $38. Salaries at The Iuka State Bank typically range from $69,753 to $90,113 annually, reflecting the diverse roles and experience levels within the company.

How Much Does The Iuka State Bank Pay for Different Roles?

Explore detailed salary information for specific jobs at The Iuka State Bank. Based on our data, the highest paying job is the Manager, Loan Operations, with an annual salary of $121,632. The table below outlines the annual salary ranges for most popular roles within the company.
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Is The Iuka State Bank’s Pay Competitive? Salary Benchmarking Analysis

How does The Iuka 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
CFT Capital Partners $99,710
+25.4%
Supported by CFT Capital Partners's high-margin contracts allowing higher overhead.
Cumming Capital $83,561
+5.1%
Driven by niche technical certifications required for Cumming Capital's specialized projects.
Axxes Capital Inc $86,768
+9.1%
Data suggests Axxes Capital Inc's workforce skews heavily towards veteran, high-tenure roles.
Mundelein Community Bank $88,572
+11.4%
Influenced by prevailing union wage agreements specific to Mundelein Community Bank's sector.
Financial Services Industry $121,514
+52.8%
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.

Employee Reviews: Working at The Iuka State Bank

Considering a career at The Iuka 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.
There is minimal team bonding, and innovation is often viewed as a risk. Relationship-building is truly valued here. The environment makes it easier to succeed. Root cause analysis prevents recurring issues.
Despite its size, the firm maintains a people-first approach, ensuring workloads are manageable. This open-door policy extends to senior leadership, making everyone feel valued and heard. A reasonable choice for individuals who prefer stable schedules and straightforward duties in a corporate setting. It’s a conventional corporate environment, best suited to those who prefer consistency over fast-...
Ergonomic assessments prevent strain. Cultural awareness training is meaningful, not just checkbox compliance. Performance is measured fairly, but recognition is minimal. The company delivers on predictability.

The Iuka State Bank Overview

Website
www.iukabank.com
Founded In
1910
Employees
<25 employees
Industry
Financial Services
Headquarter Address
303 N Main St Iuka Illinois IL 62849
Revenue
<$5 Million
Phone Number
+1 6183236211
Social Media
About The Iuka State Bank
The Iuka State Bank is truly a community bank in every sense of the word. Our leadership and employees are locally established with deep roots in the communities we serve. In addition to the wide array of products and services we offer, we want to help you stay as connected to your communities as we are. Follow the links below to find helpful information about local schools, local news and sports,

What Benefits Does The Iuka State Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. The Iuka 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)
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How Much Should You Be Earning?

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What Is the Cost of Living Near Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at The Iuka State Bank.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from The Iuka State Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of The Iuka State Bank salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of The Iuka State Bank

1. What is the typical salary range (low to high) for most roles at The Iuka State Bank?

The typical annual salary range for most roles at The Iuka State Bank is approximately from $69,753 to $90,113. 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. How much does The Iuka State Bank pay compared to CFT Capital Partners?

The average annual salary at The Iuka State Bank is $79,521, or an hourly wage of $38, in comparison to CFT Capital Partners which pays $99,710 per year or $48 per hour.

3. Do salaries differ significantly between departments at The Iuka State Bank?

Yes, salaries often differ between departments at The Iuka 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. How does experience level affect salary at The Iuka State Bank?

Experience level is a significant factor in determining salary at The Iuka State Bank, 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.

5. How can I determine if a salary offer from The Iuka State Bank in Chicago is fair given the local cost of living?

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

6. Are the salaries listed for The Iuka State Bank on Salary.com pre-tax or after-tax?

All salary figures displayed for The Iuka State Bank, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.