1Byline Bank Salary

How much does the 1Byline Bank Pay for employees?

As of August 2026, the average annual salary for employees at 1Byline Bank in the United States is $101,250. This translates to an approximate hourly wage of $49. Salaries at 1Byline Bank typically range from $88,758 to $114,842 annually, reflecting the diverse roles and experience levels within the company. 1Byline Bank’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
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Current Job Openings at 1Byline Bank

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Is 1Byline Bank’s Pay Competitive? Salary Benchmarking Analysis

How does 1Byline Bank’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
1Byline Bank
Financial Services
5US Bank
Beneficiary's Bank
Industry Comparison
Our data shows that, on average, compensation at 1Byline Bank is below the average for the U.S. Financial Services industry by approximately 17%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared 1Byline Bank average annual salary with several similar companies. 1Byline Bank average salary of $101,250 is higher than 5US Bank, which has an average salary of $100,048. It is lower than Beneficiary's Bank, with their average salary at $101,345. This places 1Byline Bank in a mid-range position among its peers.
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Employee Reviews: Working at 1Byline Bank

Considering a career at 1Byline 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.
Low turnover speaks volumes about satisfaction levels. Cross-functional teams collaborate effectively on complex issues. Employees are encouraged to share ideas and take initiative. The caliber of talent here is impressive, making collaboration both stimulating and productive. Employees are empowered to learn, lead, and grow. This organization offers stability and growth potential in a competitive...
Decision-making is transparent, with regular town halls and Q&A sessions. From AI-driven analytics to seamless digital platforms, we have the tools to excel in our roles. The compensation structure is transparent and rewards performance fairly. The hybrid work policy is fantastic.
Training programs are frequent and relevant, helping staff stay ahead in a fast-changing financial landscape. Family emergencies are accommodated. Hiring standards are high but fair. Flexible work arrangements help maintain work-life balance.

1Byline Bank Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
Financial Services
Headquarter Address
1561 N Wells St Branch Address 1561 N Wells St Chicago Illinois IL 60610
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About 1Byline Bank
1Byline Bank is a company that operates in the Financial Services industry. It employs 51-100 people and has $10M-$25M of revenue. The company is headquartered in Chicago, Illinois.

What Benefits Does 1Byline Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. 1Byline 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 Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at 1Byline 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 1Byline 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 1Byline 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 1Byline Bank

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

The typical annual salary range for most roles at 1Byline Bank is approximately from $88,758 to $114,842. 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 1Byline Bank pay compared to 5US Bank?

The average annual salary at 1Byline Bank is $101,250, or an hourly wage of $49, in comparison to 5US Bank which pays $100,048 per year or $48 per hour.

3. How does experience level affect salary at 1Byline Bank?

Experience level is a significant factor in determining salary at 1Byline 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.

4. How can I determine if a salary offer from 1Byline Bank in Chicago is fair given the local cost of living?

To determine if a salary offer from 1Byline Bank in Chicago is fair, first compare the gross salary to our data for similar roles at 1Byline 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.

5. What factors influence salary increases at 1Byline Bank?

Salary increases at 1Byline Bank are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.