BankingForward Salary

BankingForward Salary

How much does the BankingForward Pay for employees?

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As of August 2026, the average annual salary for employees at BankingForward in the United States is $106,936. This translates to an approximate hourly wage of $51. Salaries at BankingForward typically range from $93,761 to $121,244 annually, 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.
How accurate does the salary look to you?

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 annual 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.
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 BankingForward's Salaries Compare to Similar Companies?

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

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...
Commented in March 28, 2025
46
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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.
Commented in March 20, 2025
10
2
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.
Commented in February 15, 2024
16
2

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 a BankingForward employee make?

BankingForward pays its employees an average of $106,936 per year. The average salary at BankingForward range from $93,761 to $121,244 per year. 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. Which similar company tend to pay more or less than BankingForward?

The salary at BankingForward is higher than the similar 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. How much does a President typically earn at BankingForward?

A President at BankingForward typically earns an average annual base salary of around $827,776, with a general range of $631,482 to $1,046,054.

4. Do employees with advanced degrees (Master's, PhD) earn more at BankingForward?

In many roles at BankingForward, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

5. How does the cost of living near Los Angeles affect the perceived value of a BankingForward salary?

Los Angeles' Cost of Living Index is approximately 173.3 (73.3% more expensive than US average; 23.9% more than CA average). This significantly impacts the purchasing power of a salary from BankingForward based there. Our "Cost of Living Insights for Los Angeles" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does BankingForward typically offer employees?

BankingForward generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at BankingForward" section on this page.

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