BankingForward Salary

How much does the BankingForward Pay for employees?

As of August 2026, the average hourly salary for employees at BankingForward in the United States is $51. This translates to an approximate annual wage of $106,936. Salaries at BankingForward typically range from $45 to $58 hourly, reflecting the diverse roles and experience levels within the company. BankingForward’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 BankingForward Pay for Different Roles?

Explore detailed salary information for specific jobs at BankingForward. 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.
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Current Job Openings at BankingForward

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

Is BankingForward’s Pay Competitive? Salary Benchmarking Analysis

How does BankingForward’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)
BankingForward
Financial Services
SimpleCiti Holdings
Vineyard National Bank
Industry Comparison
Our data shows that, on average, compensation at BankingForward is below the average for the U.S. Financial Services industry by approximately 12%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared BankingForward average annual salary with several similar companies. BankingForward average salary of $106,936 is higher than SimpleCiti Holdings, which has an average salary of $103,602. It is higher than Vineyard National Bank, with their average salary at $100,702. This places BankingForward in a competitive position among its peers.
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Employee Reviews: Working at BankingForward

Considering a career at BankingForward? 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.
Leaders invest in employee growth. I’m surrounded by professionals who care about quality and client outcomes. Management actively encourages internal mobility, allowing employees to explore different business units. Leadership is professional but can be distant. Whether you’re in advisory, risk management, or technology, you’ll find challenging work and a team that supports your professional jour...
Regular 1:1s provide guidance without hovering. Limited flexibility in some scheduling areas. This company rewards diligence and integrity. Compensation is competitive, and bonuses reflect both individual and company performance. Coworker interaction is limited to work-related tasks.
Training on new software is readily available, making transitions smooth. Documentation is thorough and accessible. Opportunities to learn and lead. One of the best aspects of this financial company is its collaborative culture.

BankingForward Overview

Website
www.bankfwd.org
Founded In
2017
Employees
25 - 50 employees
Industry
Financial Services
Headquarter Address
1351 3rd Street Promenade Santa Monica California CA 90401
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About BankingForward
BankingForward's mission is to bring advances in financial technology to front-line community banks.Our first focus is on building our own bank, to provide banking products and services to low- and moderate-income consumers and small businesses. Today, the combination of small dollar balances and costly manual processes makes these customers uneconomic to serve. We intend to demonstrate that by le

What Benefits Does BankingForward Offer Beyond Salary?

A competitive compensation package is more than just a salary. BankingForward 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 Los Angeles?

Understanding the cost of living near Los Angeles is key to truly evaluating a salary offer or your current compensation at BankingForward.
Los Angeles' Cost of Living Index is approximately 173.3 (73.3% more expensive than US average; 23.9% more than CA average). Driven by extremely expensive housing, high transportation costs, and above-average goods/services. When planning your budget based on a salary from BankingForward, 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 BankingForward salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $100 (Metro TAP card varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,050 - $6,450+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of BankingForward

1. How much does BankingForward in the United States pay?

BankingForward pays its employees an average of $51 per hour. The average salary at BankingForward range from $45 to $58 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 BankingForward employees get a higher salary than its peer company?

The salary at BankingForward is higher than its peer company. The average annual salary at BankingForward is $106,936, or an hourly wage of $51, in comparison to SimpleCiti Holdings which pays $103,602 per year or $50 per hour.

3. What are the highest paying jobs at BankingForward?

The higher-paying job at BankingForward, according to our data, include President (avg. $827,776 per hour), Manager, Unit (avg. $113,910 per hour), and Bankruptcy Specialist (avg. $48,477 per hour). Pay for these roles reflects significant responsibility, specialized skills and experience.

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

Salary progression with years of experience at BankingForward 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 BankingForward vary by office location?

Yes, it's very likely that salaries at BankingForward 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 Los Angeles section provides more context.

6. Does BankingForward offer good benefits?

BankingForward 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 BankingForward" section on this page.