Bank Calumet Salary

How much does the Bank Calumet Pay for employees?

As of August 2026, the average annual salary for employees at Bank Calumet in the United States is $97,780. This translates to an approximate hourly wage of $47. Salaries at Bank Calumet typically range from $85,707 to $110,928 annually, reflecting the diverse roles and experience levels within the company. Bank Calumet’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 Bank Calumet

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Is Bank Calumet’s Pay Competitive? Salary Benchmarking Analysis

How does Bank Calumet’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)
Bank Calumet
Financial Services
FSB Bank
Bank Mutual
Industry Comparison
Our data shows that, on average, compensation at Bank Calumet is below the average for the U.S. Financial Services industry by approximately 20%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Bank Calumet average annual salary with several similar companies. Bank Calumet average salary of $97,780 is higher than FSB Bank, which has an average salary of $90,945. It is higher than Bank Mutual, with their average salary at $94,088. This places Bank Calumet in a competitive position among its peers.
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Employee Reviews: Working at Bank Calumet

Considering a career at Bank Calumet? 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.
Flexible scheduling supports personal commitments, helping maintain balance. Awards validate our approach. I’ve been able to advance my skills and take on new challenges thanks to their supportive environment. The benefits package, including retirement plans and wellness perks, is top-tier. Ideal for those who enjoy consistency and prefer working within defined boundaries.
Leadership is competent but sometimes adopt new ideas. Enjoyable culture and great benefits. The ability to maintain a fulfilling personal life while excelling professionally makes this firm stand out in the financial services sector. I'm proud to be part of such a professional team. It’s a professional and rewarding work environment. Leadership focuses on compliance and control.
Despite its size, the firm maintains a people-first approach, ensuring workloads are manageable. The company has robust internal learning platforms and clear pathways for advancement. The onboarding process was excellent. The benefits package is competitive, including health and retirement plans.
Benefits and compensation packages are very competitive. In the fast-paced financial industry, this company excels at promoting work-life balance. Relationship-building is truly valued here. Benefits package is comprehensive and thoughtful. The company invests in technology and people equally.
Leadership is professional but distant, limiting employee engagement. Leadership values results but lacks approachability. Sustainable business practices are implemented meaningfully.

Bank Calumet Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
Financial Services
Headquarter Address
611 W 81st Ave Merrillville Indiana IN 46410
Revenue
$50 Million - $200 Million
Phone Number
+1 2196855555
Social Media
About Bank Calumet
Bank Calumet is a company that operates in the Financial Services industry. It employs 51-100 people and has $50M-$100M of revenue. The company is headquartered in Merrillville, Indiana.

What Benefits Does Bank Calumet Offer Beyond Salary?

A competitive compensation package is more than just a salary. Bank Calumet 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 Gary?

Understanding the cost of living near Gary is key to truly evaluating a salary offer or your current compensation at Bank Calumet.
Gary's Cost of Living Index is approximately 73.5 (26.5% less expensive than US average; 18.9% less than IN average). NW IN city, facing economic challenges, extremely affordable housing. GPTC, South Shore Line rail. When planning your budget based on a salary from Bank Calumet, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $600 - $950+ A significant portion of Bank Calumet salary. Location choices impact this heavily.
Utilities (Basic) $170 - $270 Electricity, Heating, Cooling, Water etc.
Public Transportation GPTC/South Shore (varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $350 - $520 Can be higher with more dining out or specialty stores.
Personal & Leisure $250 - $500+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $330 - $620+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $1,750 - $2,860+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Bank Calumet

1. What is the estimated average total compensation at Bank Calumet?

Salary.com estimates that the average total compensation package at Bank Calumet, which can include base salary, potential bonuses, and benefits, is around $97,780 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Bank Calumet pay compared to FSB Bank?

The average annual salary at Bank Calumet is $97,780, or an hourly wage of $47, in comparison to FSB Bank which pays $90,945 per year or $44 per hour.

3. What's the typical salary progression for an employee moving from an entry-level to a senior role at Bank Calumet?

Salary progression from an entry-level to a senior role at Bank Calumet can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

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

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

5. Are promotions at Bank Calumet usually accompanied by a significant salary increase?

Yes, promotions at Bank Calumet are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.