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Banco LLC Salary

Banco LLC Salary

How much does the Banco LLC Pay for employees?

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As of August 2026, the average hourly salary for employees at Banco LLC in the United States is $46. This translates to an approximate annual wage of $94,721. Salaries at Banco LLC typically range from $40 to $52 hourly, reflecting the diverse roles and experience levels within the company. Banco LLC’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.

How Much Does Banco LLC Pay for Different Roles?

Explore detailed salary information for specific jobs at Banco LLC. The table below outlines the annual salary ranges for popular roles within the company, helping you benchmark potential earnings. Use 'View by Card/Table' option to find the data most relevant to your career path.
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.
How accurate does the salary look to you?

Current Job Openings at Banco LLC

Ready for your next career move? Explore current job openings at Banco LLC. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Banco LLC’s Pay Competitive? Salary Benchmarking Analysis

How does Banco LLC’s compensation stack up against the market? This analysis visualizes their hourly average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
Banco LLC
Insurance
Imperial Fire & Casualty Insurance Co
State Insurance Professionals
Industry Comparison
Our data shows that, on average, compensation at Banco LLC is below the average for the U.S. Insurance industry by approximately 24%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Banco LLC average annual salary with several similar companies. Banco LLC average salary of $94,721 is higher than Imperial Fire & Casualty Insurance Co, which has an average salary of $88,086. It is higher than State Insurance Professionals, with their average salary at $93,719. This places Banco LLC in a competitive position among its peers.
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Companies Similar to Banco LLC and Their Hourly Pay Rates

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

Employee Reviews: Working at Banco LLC

Considering a career at Banco LLC? 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.
I’ve been with this company for three years, and it’s been a great journey. Highly recommend joining this organization. The company also promotes diversity and inclusion, making it a welcoming place for all. It’s a reliable employer for those who prefer structured roles. It’s a fantastic place to build a long-term career. Great work environment with supportive colleagues and growth opportunities.
Commented in April 21, 2025
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3
Colleagues are professional, and teamwork is encouraged. A dependable choice for insurance professionals. Managers recognize hard work and provide constructive feedback.
Commented in March 27, 2025
24
2
Benefits are above average, making it a great workplace. Supportive managers, clear goals. The insurance sector can be routine, but the workload is manageable. I appreciate the flexible work options and supportive management. The insurance training is thorough, and leadership is transparent.
Commented in February 10, 2025
18
3
The office has a modern setup, and hybrid work options are available. The company provides a stable work environment with clear processes. The company fosters a culture of respect and recognition. A great place for insurance professionals seeking growth. Company supports professional growth.
Commented in March 08, 2024
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1

Banco LLC Overview

Website
www.bancoinsurance.com
Founded In
1978
Employees
50 - 100 employees
Industry
Insurance
Headquarter Address
207 W Main St Whitewater Wisconsin WI 53190
Revenue
$10 Million - $50 Million
Phone Number
+1 2624737334
Social Media
About Banco LLC
Browse below to see what our clients have to say about us. My wife and I have used Banco Insurance and Kaseys help for many years. Kasey has always been a great help and never tried to push more coverage on things or amounts she thought we really did not need. Companies we are proud to represent!

What Benefits Does Banco LLC Offer Beyond Salary?

A competitive compensation package is more than just a salary. Banco LLC 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 Milwaukee?

Understanding the cost of living near Milwaukee is key to truly evaluating a salary offer or your current compensation at Banco LLC.
Milwaukee's Cost of Living Index is approximately 85.9 (14.1% less expensive than US average; 9.4% less than WI average). Largest WI city, Lake Michigan, affordable housing. MCTS bus, The Hop streetcar (free). When planning your budget based on a salary from Banco LLC, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $950 - $1,400+ A significant portion of Banco LLC salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $72 (MCTS monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $570 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) $2,292 - $3,582+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Banco LLC

1. How much does Banco LLC in the United States pay?

Banco LLC pays its employees an average of $46 per hour. The average salary at Banco LLC range from $40 to $52 per hour. 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 Banco LLC employees get a higher salary than its peer company?

The salary at Banco LLC is higher than its peer company. The average annual salary at Banco LLC is $94,721, or an hourly wage of $46, in comparison to Imperial Fire & Casualty Insurance Co which pays $88,086 per year or $42 per hour.

3. What are the highest paying jobs at Banco LLC?

The higher-paying job at Banco LLC, according to our data, include Chief Executive Officer (avg. $733,224 per hour), Chief Operating Officer (avg. $427,734 per hour), and Investment Executive (avg. $328,852 per hour). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Banco LLC?

Salary progression with years of experience at Banco LLC 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.

5. Do salaries at Banco LLC vary by office location?

Yes, it's very likely that salaries at Banco LLC 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 Milwaukee section provides more context.

6. Does Banco LLC offer good benefits?

Banco LLC 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 Banco LLC" section on this page.

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