Commencement Bank Salary

How much does the Commencement Bank Pay for employees?

As of August 2026, the average annual salary for employees at Commencement Bank in the United States is $100,048. This translates to an approximate hourly wage of $48. Salaries at Commencement Bank typically range from $87,732 to $113,440 annually, reflecting the diverse roles and experience levels within the company. Commencement Bank’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 Commencement Bank Pay for Different Roles?

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

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

Is Commencement Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Commencement Bank’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)
Commencement Bank
Financial Services
Great Western Bank
De Primus Holdings LP
Industry Comparison
Our data shows that, on average, compensation at Commencement Bank is below the average for the U.S. Financial Services industry by approximately 18%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Commencement Bank average annual salary with several similar companies. Commencement Bank average salary of $100,048 is higher than Great Western Bank, which has an average salary of $88,962. It is lower than De Primus Holdings LP, with their average salary at $100,311. This places Commencement Bank 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.

Employee Reviews: Working at Commencement Bank

Considering a career at Commencement Bank? 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.
Career advancement opportunities are present but may require patience and consistent performance. Problem-solving approaches are collaborative. This company has a clear commitment to employee well-being and professional growth. The work is meaningful, helping clients achieve important financial goals.
Engagement with upper management is rare. I'm consistently impressed by the high caliber of my colleagues; everyone is knowledgeable, driven, and dedicated to providing exceptional service to our clients. The environment is inclusive and diverse, which enriches teamwork and innovation. Structure is the company’s strong suit. The company invests in technology and people equally. Follow-up check-ins...
This is a good position for those who prefer structure, routine, and reliable expectations in a large organization. The leadership team is professional and approachable. The financial services firm invests heavily in employee training and career development. It’s a reliable place but can suit fast-paced professionals.

Commencement Bank Overview

Website
www.commencementbank.com
Founded In
2006
Employees
25 - 50 employees
Industry
Financial Services
Headquarter Address
1102 Commerce St Tacoma Washington WA 98402
Revenue
$10 Million - $50 Million
Phone Number
+1 2532841800
Social Media
About Commencement Bank
Commencement Bancorp Inc. operates as a bank holding company for Commencement Bank that provides various banking products and services for individuals, and small and midsized businesses in western Washington. It accepts non-interest-bearing, demand, savings, NOW, money market, and time deposits, as well as certificates of deposit. The company also offers term loans, home equity loans and lines of

What Benefits Does Commencement Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. Commencement Bank 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 Tacoma?

Understanding the cost of living near Tacoma is key to truly evaluating a salary offer or your current compensation at Commencement Bank.
Tacoma's Cost of Living Index is approximately 110.5 (10.5% more expensive than US average; 1.0% less than WA average). South of Seattle, port city, housing more affordable than Seattle but rising. Pierce Transit, Sound Transit. When planning your budget based on a salary from Commencement Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,000+ A significant portion of Commencement Bank salary. Location choices impact this heavily.
Utilities (Basic) $120 - $210 Electricity, Heating, Cooling, Water etc.
Public Transportation $99 (ORCA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $440 - $650 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $730+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,849 - $4,319+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Commencement Bank

1. How much does a Commencement Bank employee make?

Commencement Bank pays its employees an average of $100,048 per year. The average salary at Commencement Bank range from $87,732 to $113,440 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 Commencement Bank?

The salary at Commencement Bank is higher than the similar company. The average annual salary at Commencement Bank is $100,048, or an hourly wage of $48, in comparison to Great Western Bank which pays $88,962 per year or $43 per hour.

3. How much does a President & Chief Operating Officer typically earn at Commencement Bank?

A President & Chief Operating Officer at Commencement Bank typically earns an average annual base salary of around $451,788, with a general range of $354,693 to $574,393.

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

In many roles at Commencement Bank, 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 Tacoma affect the perceived value of a Commencement Bank salary?

Tacoma's Cost of Living Index is approximately 110.5 (10.5% more expensive than US average; 1.0% less than WA average). This significantly impacts the purchasing power of a salary from Commencement Bank based there. Our "Cost of Living Insights for Tacoma" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Commencement Bank typically offer employees?

Commencement Bank 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 Commencement Bank" section on this page.