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Blue Grass Federal Salary

Blue Grass Federal Salary

How much does the Blue Grass Federal Pay for employees?

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As of August 2026, the average annual salary for employees at Blue Grass Federal in the United States is $83,002. This translates to an approximate hourly wage of $40. Salaries at Blue Grass Federal typically range from $72,804 to $94,052 annually, reflecting the diverse roles and experience levels within the company. Blue Grass Federal’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 Blue Grass Federal Pay for Different Roles?

Explore detailed salary information for specific jobs at Blue Grass Federal. 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 Blue Grass Federal

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

Is Blue Grass Federal’s Pay Competitive? Salary Benchmarking Analysis

How does Blue Grass Federal’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)
Blue Grass Federal
Financial Services
Veleta Capital
Preferred Capital Advisors
Industry Comparison
Our data shows that, on average, compensation at Blue Grass Federal is below the average for the U.S. Financial Services industry by approximately 32%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Blue Grass Federal average annual salary with several similar companies. Blue Grass Federal average salary of $83,002 is lower than Veleta Capital, which has an average salary of $101,292. It is lower than Preferred Capital Advisors, with their average salary at $95,807. This places Blue Grass Federal in a developing 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 Blue Grass Federal's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Blue Grass Federal

Considering a career at Blue Grass Federal? 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.
The company offers strong professional development and competitive benefits. It’s a high-performing yet people-first workplace. For anyone looking to grow in finance, this company provides the tools and opportunities to succeed. The pace of work is moderate, with occasional stressful periods. Positive team energy and clear communication make this a productive environment.
Commented in May 22, 2025
41
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Training programs are available but lack consistency across departments. The work is challenging yet rewarding, with exposure to complex financial products and high-profile clients. Training is basic but helpful.
Commented in December 31, 2024
29
0
Advancement opportunities are limited but clearly communicated. Beyond the financial aspects, the company fosters a high-performance culture balanced with initiatives for employee well-being, demonstrating a holistic approach to staff satisfaction. The workload is stable, and support is available when needed. Communication varies across different teams. I feel like my contributions are recognized ...
Commented in October 09, 2024
10
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Blue Grass Federal Overview

Website
www.bluegrassfederal.com
Founded In
1914
Employees
<25 employees
Industry
Financial Services
Headquarter Address
600 High St Paris Kentucky KY 40361
Revenue
<$5 Million
Phone Number
+1 8599872951
Social Media
About Blue Grass Federal
Blue Grass Federal is an independent mutual bank based in Paris, Kentucky, with $35 million in assets. Blue Grass Federal has provided banking products and services to Bourbon County and the surrounding communities since 1959.

What Benefits Does Blue Grass Federal Offer Beyond Salary?

A competitive compensation package is more than just a salary. Blue Grass Federal 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 Lexington?

Understanding the cost of living near Lexington is key to truly evaluating a salary offer or your current compensation at Blue Grass Federal.
Lexington's Cost of Living Index is approximately 90.5 (9.5% less expensive than US average; 2.6% less than KY average). 'Horse Capital', Univ. of Kentucky, housing affordable. Lextran bus. When planning your budget based on a salary from Blue Grass Federal, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $950 - $1,500+ A significant portion of Blue Grass Federal salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $30 (Lextran monthly pass, free for UK) 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 $360 - $680+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $680+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,240 - $3,660+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Blue Grass Federal

1. What is the estimated average total compensation at Blue Grass Federal?

Salary.com estimates that the average total compensation package at Blue Grass Federal, which can include base salary, potential bonuses, and benefits, is around $83,002 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Blue Grass Federal pay compared to Veleta Capital?

The average annual salary at Blue Grass Federal is $83,002, or an hourly wage of $40, in comparison to Veleta Capital which pays $101,292 per year or $49 per hour.

3. Do salaries differ significantly between departments at Blue Grass Federal?

Yes, salaries often differ between departments at Blue Grass Federal 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. What's the typical salary progression for an employee moving from an entry-level to a senior role at Blue Grass Federal?

Salary progression from an entry-level to a senior role at Blue Grass Federal 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.

5. How can I determine if a salary offer from Blue Grass Federal in Lexington is fair given the local cost of living?

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

6. Are promotions at Blue Grass Federal usually accompanied by a significant salary increase?

Yes, promotions at Blue Grass Federal 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.

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