Where is Tipton Bank & Trust located?

Tipton Bank & Trust is headquartered in Covington, Tennessee, but may have operations in other locations within the Financial Services sector.

What does Tipton Bank & Trust do?

According to the company's overview, Tipton Bank & Trust is a company that operates in the Financial Services industry.

What industry is Tipton Bank & Trust in?

Tipton Bank & Trust operates in the Financial Services industry.

Tipton Bank & Trust Average Salary, Pay Ranges & Benefits

Tipton Bank & Trust Salary

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Salary at Tipton Bank & Trust

Current Job Openings at Tipton Bank & Trust

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Is Tipton Bank & Trust’s Pay Competitive? Salary Benchmarking Analysis

How does Tipton Bank & Trust'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
Iowa State Savings Bank	$88,371	+5.2%	Driven by niche technical certifications required for Iowa State Savings Bank's specialized projects.
Locality Bank	$88,171	+4.9%	Adjusted for higher cost-of-living indices in Locality Bank's primary metro hubs.
bankinusa.com - National Bank Of Commerce	$88,898	+5.8%	Influenced by prevailing union wage agreements specific to bankinusa.com - National Bank Of Commerce's sector.
America Blockchain	$100,965	+20.2%	Reflects structural premiums typical of America Blockchain's large-cap national operations.
Financial Services Industry	$121,514	+44.6%	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 Tipton Bank & Trust's Salaries Compare to Similar Companies?

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

Iowa State Savings Bank

$88,371 / year

Salary Range: $77,487 - $100,173

Lenox, IA

Locality Bank

$88,171 / year

Salary Range: $77,331 - $99,905

Fort Lauderdale, FL

bankinusa.com - National Bank Of Commerce

$88,898 / year

Salary Range: $77,936 - $100,807

Mt Juliet, TN

America Blockchain

$100,965 / year

Salary Range: $88,538 - $114,452

Seattle, WA

Bank - 800 Union Street( Westborough, MA

$95,871 / year

Salary Range: $84,066 - $108,672

Westborough, MA

Virginia Commerce Bank

$103,391 / year

Salary Range: $90,664 - $117,208

Centreville, VA

branch of US Bank

$114,520 / year

Salary Range: $100,414 - $129,816

Los Gatos, CA

Investors Group Ltd

$101,999 / year

Salary Range: $89,445 - $115,623

Whiting, NJ

BLOCKCHAIN( US) Inc

$110,786 / year

Salary Range: $97,143 - $125,585

New York City, NY

Employee Reviews: Working at Tipton Bank & Trust

Considering a career at Tipton Bank & Trust? 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.

Managers are responsive and respectful. Communication between departments sometimes lacks clarity in projects. Managers share context behind decisions. This firm blends tradition and innovation well.

Commented in February 03, 2025

11

2

Good benefits, though promotion opportunities are limited. Feedback is specific and constructive. Structure is solid, but traditional. Benefits cover basic needs but aren’t particularly generous compared to industry leaders. Diversity and inclusion aren’t just buzzwords here—they’re embedded in the company’s DNA. This organization excels in providing professional development and clear career pathw...

Commented in July 02, 2024

32

0

The company regularly benchmarks offerings against industry leaders. Clients trust us because of our ethical standards and innovative solutions. Work-life balance is respected here.

Commented in June 10, 2024

25

1

Different viewpoints are not just tolerated but sought after in decision-making. I’ve had multiple growth opportunities, and my contributions are recognized. Communication across departments is inconsistent. It’s a steady role for those who value routine over fast-paced or creative job functions. What I appreciate most about this firm is its commitment to excellence.

Commented in February 27, 2024

39

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What Benefits Does Tipton Bank & Trust Offer Beyond Salary?

A competitive compensation package is more than just a salary. Tipton Bank & Trust 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?

Get an estimated calculation of how much you should be earning and insight into your career options.

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What Is the Cost of Living Near Memphis?

Understanding the cost of living near Memphis is key to truly evaluating a salary offer or your current compensation at Tipton Bank & Trust.

Memphis' Cost of Living Index is approximately 79.8 (20.2% less expensive than US average; 11.5% less than TN average). Blues/BBQ, FedEx hub, very affordable housing. MATA bus/trolley. When planning your budget based on a salary from Tipton Bank & Trust, 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 Tipton Bank & Trust salary. Location choices impact this heavily.
Utilities (Basic)	$150 - $250	Electricity, Heating, Cooling, Water etc.
Public Transportation	$50 (MATA 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	$350 - $650+	Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual)	$360 - $660+	Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes)	$2,130 - $3,410+	This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Tipton Bank & Trust

1. How much does a Tipton Bank & Trust employee make?

Tipton Bank & Trust pays its employees an average of $84,025 per year. The average salary at Tipton Bank & Trust range from $73,675 to $95,247 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. Which similar company tend to pay more or less than Tipton Bank & Trust?

The salary at Tipton Bank & Trust is lesser than the similar company. The average annual salary at Tipton Bank & Trust is $84,025, or an hourly wage of $40, in comparison to Iowa State Savings Bank which pays $88,371 per year or $42 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Tipton Bank & Trust?

In many roles at Tipton Bank & Trust, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

4. How does the cost of living near Memphis affect the perceived value of a Tipton Bank & Trust salary?

Memphis' Cost of Living Index is approximately 79.8 (20.2% less expensive than US average; 11.5% less than TN average). This significantly impacts the purchasing power of a salary from Tipton Bank & Trust based there. Our "Cost of Living Insights for Memphis" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Tipton Bank & Trust typically offer employees?

Tipton Bank & Trust generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Tipton Bank & Trust" section on this page.