VP Chesapeake Bank Salary

As of October 2026, the average annual salary for employees at VP Chesapeake Bank in the United States is $96,145. This translates to an approximate hourly wage of $46. Salaries at VP Chesapeake Bank typically range from $84,286 to $109,062 annually, reflecting the diverse roles and experience levels within the company.
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Is VP Chesapeake Bank’s Pay Competitive? Salary Benchmarking Analysis

How does VP Chesapeake 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
Fargo Bank $86,947
-9.6%
Fargo Bank focuses strategically on recruiting and training entry-level apprentices.
Southtrust Bank N $90,090
-6.3%
Southtrust Bank N operates with a leaner overhead structure, impacting base wage offers.
Carter Bank $88,128
-8.3%
Typical compensation structure for smaller regional agencies like Carter Bank.
BANK OF AMERICASWIFT Address $106,102
+10.4%
Data suggests BANK OF AMERICASWIFT Address's workforce skews heavily towards veteran, high-tenure roles.
Financial Services Industry $121,514
+26.4%
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.

Employee Reviews: Working at VP Chesapeake Bank

Considering a career at VP Chesapeake 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 financial firm offers stable employment with decent benefits, but the pace is often conservative. With professionals united by this mission, every decision is made with clients' best interests in mind. Great time management tools and clear priorities from management help everyone stay focused. My role is challenging and fulfilling.
Newsletters highlight meaningful updates. We’re encouraged to question processes and find better solutions. Leadership is approachable and open to innovation. Even as the company scales, it retains that sense of teamwork and mission. Colleagues are helpful and knowledgeable. Colleagues are helpful and motivated, and the company celebrates achievements.
There's a strong emphasis on knowledge sharing and collective problem-solving, which is crucial in navigating complex financial markets. This forward-thinking approach keeps us at the forefront of financial technology, providing exciting challenges and opportunities to work with state-of-the-art tools. The company values integrity and ethical practices, which reflects in every decision. Management...

VP Chesapeake Bank Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
Financial Services
Headquarter Address
5501 Patterson Ave Richmond Virginia VA 23226
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About VP Chesapeake Bank
VP Chesapeake Bank is a company that operates in the Financial Services industry. It employs 51-100 people and has $25M-$50M of revenue. The company is headquartered in Richmond, Virginia.

What Benefits Does VP Chesapeake Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. VP Chesapeake 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 Richmond?

Understanding the cost of living near Richmond is key to truly evaluating a salary offer or your current compensation at VP Chesapeake Bank.
Richmond's Cost of Living Index is approximately 95.8 (4.2% less expensive than US average; 8.0% less than VA average). State capital, historic, arts/food scene, affordable housing. GRTC bus. When planning your budget based on a salary from VP Chesapeake Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,100 - $1,600+ A significant portion of VP Chesapeake Bank salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (GRTC monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $580 Can be higher with more dining out or specialty stores.
Personal & Leisure $380 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,440 - $3,790+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of VP Chesapeake Bank

1. How much does VP Chesapeake Bank in the United States pay?

VP Chesapeake Bank pays its employees an average of $96,145 per year. The average salary at VP Chesapeake Bank range from $84,286 to $109,062 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 VP Chesapeake Bank employees get a higher salary than its peer company?

The salary at VP Chesapeake Bank is higher than its peer company. The average annual salary at VP Chesapeake Bank is $96,145, or an hourly wage of $46, in comparison to Fargo Bank which pays $86,947 per year or $42 per hour.

3. How much does salary increase with years of experience at VP Chesapeake Bank?

Salary progression with years of experience at VP Chesapeake 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 VP Chesapeake Bank vary by office location?

Yes, it's very likely that salaries at VP Chesapeake 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 Richmond section provides more context.

5. Does VP Chesapeake Bank offer good benefits?

VP Chesapeake 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 VP Chesapeake Bank" section on this page.