Central Bancorp Salary

How Much Does Central Bancorp Pay for employees?

As of May 2026, the average annual salary for employees at Central Bancorp in the United States is $47,651. This translates to an approximate hourly wage of $23. Salaries at Central Bancorp typically range from $41,308 to $52,502 annually, reflecting the diverse roles and experience levels within the company. Central Bancorp’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 Central Bancorp Pay for Different Roles?

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.

Insurance Retention Specialist

$62,943 / year

Salary Range: $53,330 - $75,168

Sales

Allstate Insurance Customer Service Representative

$46,317 / year

Salary Range: $41,773 - $52,266

Customer Service

Management Trainee

$66,518 / year

Salary Range: $59,390 - $73,603

Automotive Repair

Insurance Sales Representative

$47,150 / year

Salary Range: $42,524 - $53,159

Medical Technology

Customer Service Representative

$40,328 / year

Salary Range: $36,517 - $45,032

Customer Service

Operations Manager

$117,248 / year

Salary Range: $104,811 - $130,828

Operations

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.

Turn Insight into Opportunity: Current Job Openings

Ready for your next career move? Explore current job openings at Central Bancorp.
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About Central Bancorp: Company Profile

Website
www.centralbancorp.com
Founded In
2006
Employees
50 - 100 employees
Industry
Insurance
Headquarter Location
COLORADO SPRINGS
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Central Bancorp's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
The company maintains a strong operational structure, ensuring smooth workflows. The work environment is steady with well-defined processes. The office environment is quiet and professional.
Colleagues are professional, and the atmosphere is low-drama. The insurance products are top-tier, and working with knowledgeable colleagues enhances the experience. It’s a great place for insurance professionals looking for stability and growth. I’d recommend this company to anyone looking for stability and growth in insurance. Compensation is fair, and the company provides regular training.
Benefits meet industry expectations. The work environment is professional, and expectations are clearly communicated. The office is well-maintained, and remote work options are a plus. Team dynamics are great, and leadership is approachable. The office culture is welcoming, and there are plenty of networking opportunities. Training programs are robust, ensuring employees stay updated with industry...
The workload is predictable, which can be good for those who prefer routine. Positive experience overall. I highly recommend this employer to anyone in the insurance field. The onboarding process was smooth, and I felt supported from day one.
Work-life balance is respected, and flexible hours are a major perk. Managers are approachable and provide constructive feedback. It’s a dependable place for those who prefer consistency in their career.

Is Central Bancorp’s Pay Competitive? Salary Benchmarking Analysis

How does Central Bancorp’s compensation stack up against the market? This analysis visualizes their average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
Central Bancorp
Insurance
CHARLES W WARNER
AMCO INSURANCE
Industry Comparison
Our data shows that, on average, compensation at Central Bancorp is below the average for the U.S. Insurance industry by approximately 62%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Central Bancorp average annual salary with several similar companies. Central Bancorp average salary of $47,651 is lower than CHARLES W WARNER, which has an average salary of $52,329. It is higher than AMCO INSURANCE, with their average salary at $42,836. This places Central Bancorp in a mid-range 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.

What Is the Cost of Living Near Colorado Springs?

Understanding the cost of living near Colorado Springs is key to truly evaluating a salary offer or your current compensation at Central Bancorp.
Colorado Springs' Cost of Living Index is approximately 100.9 (0.9% more expensive than US average; 4.2% less than CO average). Military presence (Air Force Academy, Fort Carson), housing near US avg, scenic. When planning your budget based on a salary from Central Bancorp, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,300 - $1,900+ A significant portion of Central Bancorp salary. Location choices impact this heavily.
Utilities (Basic) $120 - $210 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (MMT monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $590 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $670+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,590 - $4,020+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Central Bancorp

FAQ 1: What is the typical salary range (low to high) for most roles at Central Bancorp?
The typical annual salary range for most roles at Central Bancorp is approximately from $41,308 to $52,502. 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.
FAQ 2: How much does Central Bancorp pay compared to CHARLES W WARNER?
The average annual salary at Central Bancorp is $47,651, or an hourly wage of $23, in comparison to CHARLES W WARNER which pays $52,329 per year or $25 per hour.
FAQ 3: How does experience level affect salary at Central Bancorp?
Experience level is a significant factor in determining salary at Central Bancorp, 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.
FAQ 4: How can I determine if a salary offer from Central Bancorp in Colorado Springs is fair given the local cost of living?
To determine if a salary offer from Central Bancorp in Colorado Springs is fair, first compare the gross salary to our data for similar roles at Central Bancorp and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Colorado Springs" to understand its purchasing power.
FAQ 5: What are the key factors that influence salary levels at Central Bancorp?
Several key factors influence salary levels at Central Bancorp. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Central Bancorp likely benchmarks its salaries against other companies in the Insurance sector. You can explore how these factors play out in our detailed salary data.