Bank Gloucester Salary

Bank Gloucester Salary

How much does the Bank Gloucester Pay for employees?

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As of July 2026, the average annual salary for employees at Bank Gloucester in the United States is $101,640. This translates to an approximate hourly wage of $49. Salaries at Bank Gloucester typically range from $89,106 to $115,293 annually, reflecting the diverse roles and experience levels within the company. Bank Gloucester’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 Bank Gloucester Pay for Different Roles?

Explore detailed salary information for specific jobs at Bank Gloucester. 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 Bank Gloucester

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

Is Bank Gloucester’s Pay Competitive? Salary Benchmarking Analysis

How does Bank Gloucester’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
180k
150k
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90k
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Average Salary ($/year)
Bank Gloucester
Financial Services
Peoples Trust & Savings Bank
Financial Savings Bank
Industry Comparison
Our data shows that, on average, compensation at Bank Gloucester is below the average for the U.S. Financial Services industry by approximately 16%. 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 Gloucester average annual salary with several similar companies. Bank Gloucester average salary of $101,640 is higher than Peoples Trust & Savings Bank, which has an average salary of $89,342. It is higher than Financial Savings Bank, with their average salary at $96,989. This places Bank Gloucester in a competitive position among its peers.
See Your True Competitors
The companies behind the question marks could be hiring your best people. Don't operate with incomplete data. Unlock your full competitive view with Salary.com for Business to precisely benchmark salaries, benefits, and more against your true competitors.

How Bank Gloucester's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Bank Gloucester

Considering a career at Bank Gloucester? 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.
Integration between systems works smoothly. There's little to no emphasis on innovation. I’ve grown my network and capabilities significantly since joining this financial services team. Work-life balance is respected, with flexible arrangements that adapt to individual needs.
Commented in February 16, 2025
29
2
There’s a well-designed infrastructure that keeps everyone aligned. Time limits are respected. However, opportunities for rapid advancement are limited unless you’re in a leadership track. This discipline saves countless hours. Encouraged to take initiative and lead. Diversity and inclusion aren’t just buzzwords here—they’re embedded in the company’s DNA. Spot bonuses reward exceptional work.
Commented in November 27, 2024
32
1
Work is organized and predictable, with standard benefits and fair compensation. From operations to compliance, people collaborate openly and share information freely. Encouraging environment for fresh ideas.
Commented in May 30, 2024
41
1
I appreciate the team’s drive and professionalism. Joining this financial services company was a career-defining move. This company offers outstanding opportunities for professional growth. Small wins are cheered.
Commented in February 20, 2024
43
2

Bank Gloucester Overview

Website
www.bankgloucester.com
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
Financial Services
Headquarter Address
160 Main St Gloucester Massachusetts MA 01930
Revenue
$10 Million - $50 Million
Phone Number
+1 9782838200
Social Media
About Bank Gloucester
BankGloucester, a $330 million state-chartered mutual bank has been serving Gloucester and its neighboring communities since 1887. BankGloucester is headquartered at 160 Main St., Gloucester, and has branches at 15 Martin St., Essex, and 143 High St., Ipswich. For information, call 978-283-8200 or visit http://bankgloucester.com.

What Benefits Does Bank Gloucester Offer Beyond Salary?

A competitive compensation package is more than just a salary. Bank Gloucester 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 Boston?

Understanding the cost of living near Boston is key to truly evaluating a salary offer or your current compensation at Bank Gloucester.
Boston's Cost of Living Index is approximately 153.2 (53.2% more expensive than US average; 15.5% more than MA average). Major historic US city, world-class universities/hospitals, extremely high housing costs, extensive MBTA transit. When planning your budget based on a salary from Bank Gloucester, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,500 - $3,800+ A significant portion of Bank Gloucester salary. Location choices impact this heavily.
Utilities (Basic) $180 - $290 Electricity, Heating, Cooling, Water etc.
Public Transportation $90 (MBTA LinkPass monthly) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $500 - $750 Can be higher with more dining out or specialty stores.
Personal & Leisure $550 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $850+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,270 - $6,690+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Bank Gloucester

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

The typical annual salary range for most roles at Bank Gloucester is approximately from $89,106 to $115,293. 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 Bank Gloucester pay compared to Peoples Trust & Savings Bank?

The average annual salary at Bank Gloucester is $101,640, or an hourly wage of $49, in comparison to Peoples Trust & Savings Bank which pays $89,342 per year or $43 per hour.

3. Do salaries differ significantly between departments at Bank Gloucester?

Yes, salaries often differ between departments at Bank Gloucester 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 Bank Gloucester?

Experience level is a significant factor in determining salary at Bank Gloucester, 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 Bank Gloucester in Boston is fair given the local cost of living?

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

6. What factors influence salary increases at Bank Gloucester?

Salary increases at Bank Gloucester 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.

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