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Universal Savings Bank Salary

Universal Savings Bank Salary

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As of September 2026, the average annual salary for employees at Universal Savings Bank in the United States is $99,446. This translates to an approximate hourly wage of $48. Salaries at Universal Savings Bank typically range from $87,200 to $112,757 annually, reflecting the diverse roles and experience levels within the company.
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Is Universal Savings Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Universal Savings 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
First Southeast Bank $85,924
-13.6%
Typical compensation structure for smaller regional agencies like First Southeast Bank.
Jefferson Parish Employees Fcu $93,297
-6.2%
Jefferson Parish Employees Fcu focuses strategically on recruiting and training entry-level apprentices.
Dama Financial $117,726
+18.4%
Data suggests Dama Financial's workforce skews heavily towards veteran, high-tenure roles.
Crest Savings Bank $101,303
+1.9%
Confirms Crest Savings Bank is a direct competitor vying for the exact same talent pool.
Financial Services Industry $121,514
+22.2%
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 Universal Savings Bank's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Universal Savings Bank

Considering a career at Universal Savings 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.
It’s a suitable environment for individuals who appreciate clear roles and minimal unpredictability. Collaboration across teams fosters knowledge sharing and professional development. There's a strong ethical foundation, and our financial services truly make a difference. The pace is fast, but the company ensures you’re not overwhelmed.
Commented in May 18, 2025
49
3
The work can become repetitive, with few opportunities for innovation. The pace of work is moderate, with occasional stressful periods. The company provides stable employment and standard benefits, but workloads can be demanding, especially during peak periods. Working at this financial services firm has been an exceptional experience. Quiet spaces are available for focused work. High standards an...
Commented in March 03, 2025
18
2
The culture emphasizes teamwork and open communication, making collaboration enjoyable. The leadership team communicates well and provides growth opportunities. The focus is on business needs rather than penny-pinching. Leadership listens to employee feedback and takes action to improve culture and processes.
Commented in January 25, 2025
9
1
Open communication is a hallmark. Career development is prioritized at all levels, with many leaders having grown internally. Everyone here holds themselves to a high standard.
Commented in September 04, 2024
38
1
A truly inclusive workplace where diversity is celebrated. Ethical investing principles guide decisions. The culture favors maintaining existing processes over innovation. The company provides reliable employment with comprehensive benefits, but the work environment can feel bureaucratic. Management recognizes and rewards effort.
Commented in February 19, 2024
44
1

Universal Savings Bank Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
25 - 50 employees
Industry
Financial Services
Headquarter Address
600 Hwy 169 S Minneapolis Minnesota MN 55426
Revenue
$10 Million - $50 Million
Phone Number
+1 6122080254
Social Media
About Universal Savings Bank
Universal Savings Bank is a company that operates in the Financial Services industry. It employs 21-50 people and has $10M-$25M of revenue. The company is headquartered in Minneapolis, Minnesota.

What Benefits Does Universal Savings Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. Universal Savings 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 Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Universal Savings 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 Universal Savings 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 Universal Savings 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 Universal Savings Bank

1. How much does Universal Savings Bank in the United States pay?

Universal Savings Bank pays its employees an average of $99,446 per year. The average salary at Universal Savings Bank range from $87,200 to $112,757 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 Universal Savings Bank employees get a higher salary than its peer company?

The salary at Universal Savings Bank is higher than its peer company. The average annual salary at Universal Savings Bank is $99,446, or an hourly wage of $48, in comparison to First Southeast Bank which pays $85,924 per year or $41 per hour.

3. How much does salary increase with years of experience at Universal Savings Bank?

Salary progression with years of experience at Universal Savings 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.

4. Do salaries at Universal Savings Bank vary by office location?

Yes, it's very likely that salaries at Universal Savings 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 Minneapolis section provides more context.

5. Does Universal Savings Bank offer good benefits?

Universal Savings 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 Universal Savings Bank" section on this page.

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