Waterman State Bank Salary

As of September 2026, the average annual salary for employees at Waterman State Bank in the United States is $87,158. This translates to an approximate hourly wage of $42. Salaries at Waterman State Bank typically range from $76,451 to $98,771 annually, reflecting the diverse roles and experience levels within the company.
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Is Waterman State Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Waterman 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
Delegate Advisors LLC $84,964
-2.5%
Indicates identical technical requirements and experience levels between the two firms.
Agent Payment Solutions LLC $80,808
-7.3%
Normalized for lower cost-of-living zones where Agent Payment Solutions LLC primarily operates.
ICBC Asset Management Company Ltd $84,584
-3.0%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
IPA Africa Ltd $85,892
-1.5%
Suggests IPA Africa Ltd utilizes a highly similar base-plus-benefits compensation model.
Financial Services Industry $121,514
+39.4%
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 Waterman State Bank

Considering a career at Waterman 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.
Opportunities for growth are abundant. If you prefer routine over ambiguity, this is a good fit. You don’t feel like just another cog in the system here. Clear documentation and training make ramp-up manageable. There’s limited innovation, but processes run smoothly.
Leadership is supportive and transparent, providing clear communication and career growth opportunities. Management encourages feedback and rewards performance fairly. The organization offers clear growth tracks and continuous investment in training and development. Job security is strong.
Working here has been rewarding due to strong support and frequent recognition. The culture is performance-oriented but people-first. Ideas are judged on merit, and there's a conscious effort to ensure all voices are heard. Feedback is specific and constructive. Good benefits, though promotion opportunities are limited. Managers encourage feedback and professional development.

Waterman State Bank Overview

Website
www.watermanbank.com
Founded In
Data pending, update soon.
Employees
<25 employees
Industry
Financial Services
Headquarter Address
248 W Lincoln Hwy Waterman Illinois IL 60556
Revenue
<$5 Million
Phone Number
+1 8152643201
Social Media
About Waterman State Bank
Waterman State Bank, founded by Humphrey Roberts in 1891, has been a pillar of the local Waterman and surrounding Southern DeKalb County community for over 110 years. Roberts, with the help of his sons, crafted Waterman State Bank's time-tested foundation. The family pioneered Waterman State Bank's leadership for more than 75 years. The legacy of which still carries on today. In 1969, Milo and Eli

What Benefits Does Waterman State Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. Waterman 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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What Is the Cost of Living Near Aurora?

Understanding the cost of living near Aurora is key to truly evaluating a salary offer or your current compensation at Waterman State Bank.
Aurora's Cost of Living Index is approximately 96.7 (3.3% less expensive than US average; 3.0% more than IL average). Large Chicago suburb, more affordable housing than closer-in suburbs. Pace bus, Metra rail. When planning your budget based on a salary from Waterman State Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,200 - $1,700+ A significant portion of Waterman State Bank salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation Pace/Metra (varies by zone) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $590 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,530 - $3,880+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Waterman State Bank

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

The typical annual salary range for most roles at Waterman State Bank is approximately from $76,451 to $98,771. 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 Waterman State Bank pay compared to Delegate Advisors LLC?

The average annual salary at Waterman State Bank is $87,158, or an hourly wage of $42, in comparison to Delegate Advisors LLC which pays $84,964 per year or $41 per hour.

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

Yes, salaries often differ between departments at Waterman 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 Waterman State Bank?

Experience level is a significant factor in determining salary at Waterman 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 Waterman State Bank in Aurora is fair given the local cost of living?

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

6. What are the key factors that influence salary levels at Waterman State Bank?

Several key factors influence salary levels at Waterman State Bank. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Waterman State Bank likely benchmarks its salaries against other companies in the Financial Services sector. You can explore how these factors play out in our detailed salary data.