Dacotah Banks Inc Salary

Dacotah Banks Inc Salary

How much does the Dacotah Banks Inc Pay for employees?

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As of August 2026, the average annual salary for employees at Dacotah Banks Inc in the United States is $86,610. This translates to an approximate hourly wage of $42. Salaries at Dacotah Banks Inc typically range from $75,874 to $98,319 annually, reflecting the diverse roles and experience levels within the company. Dacotah Banks Inc’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 Dacotah Banks Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Dacotah Banks Inc. 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 Dacotah Banks Inc

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

Is Dacotah Banks Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Dacotah Banks Inc’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)
Dacotah Banks Inc
Financial Services
HomeTrust Bank
Nv Holding Corp
Industry Comparison
Our data shows that, on average, compensation at Dacotah Banks Inc is below the average for the U.S. Financial Services industry by approximately 29%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Dacotah Banks Inc average annual salary with several similar companies. Dacotah Banks Inc average salary of $86,610 is lower than HomeTrust Bank, which has an average salary of $98,645. It is lower than Nv Holding Corp, with their average salary at $115,733. This places Dacotah Banks Inc 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 Dacotah Banks Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Dacotah Banks Inc

Considering a career at Dacotah Banks Inc? 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.
Leadership promotes open communication and recognizes achievements regularly. Leadership encourages creative problem-solving, and employees are empowered to contribute ideas. Vacation requests are rarely denied. Cross-department collaboration is limited, and training programs vary by team.
Commented in April 18, 2025
27
2
Communication across departments is inconsistent. The onboarding process is thorough, helping new hires quickly become productive team members. Paid volunteer time allows us to give back meaningfully. My input is valued, and the team’s synergy is impressive. It’s rare to find a financial company that prioritizes balance so effectively, making this a fantastic place to build a long-term career. Eve...
Commented in July 10, 2024
50
3
Teams celebrate each other's wins. Career advancement is often with a preference for seniority. This is a forward-thinking firm with great leadership. Town halls include Q&A time. I greatly appreciateIn a rapidly evolving industry, they actively invest in cutting-edge platforms, data analytics, and AI to enhance client services and operational efficiency.
Commented in February 20, 2024
43
0

Dacotah Banks Inc Overview

Website
www.dacotahbank.com
Founded In
1964
Employees
500 - 1,000 employees
Industry
Financial Services
Headquarter Address
401 S Main St Aberdeen South Dakota SD 57401
Revenue
$50 Million - $200 Million
Phone Number
+1 6052254850
Social Media
About Dacotah Banks Inc
Founded in 1955 Dacotah Banks, Inc. is a partnership of state-chartered banks, serving local communities in the Dakotah and Minnesota. The company is headquartered in Aberdeen, South Dakota.

What Benefits Does Dacotah Banks Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Dacotah Banks Inc 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 Aberdeen?

Understanding the cost of living near Aberdeen is key to truly evaluating a salary offer or your current compensation at Dacotah Banks Inc.
Aberdeen's Cost of Living Index is approximately 82.1 (17.9% less expensive than US average; 11.9% less than SD average). NE SD city, very affordable. Ride Line. When planning your budget based on a salary from Dacotah Banks Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $700 - $1,050+ A significant portion of Dacotah Banks Inc salary. Location choices impact this heavily.
Utilities (Basic) $120 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation Limited local transit Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $540 Can be higher with more dining out or specialty stores.
Personal & Leisure $280 - $550+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $640+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $1,870 - $3,000+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Dacotah Banks Inc

1. How much does a Dacotah Banks Inc employee make?

Dacotah Banks Inc pays its employees an average of $86,610 per year. The average salary at Dacotah Banks Inc range from $75,874 to $98,319 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 Dacotah Banks Inc?

The salary at Dacotah Banks Inc is lesser than the similar company. The average annual salary at Dacotah Banks Inc is $86,610, or an hourly wage of $42, in comparison to HomeTrust Bank which pays $98,645 per year or $47 per hour.

3. How much does a President & CEO typically earn at Dacotah Banks Inc?

A President & CEO at Dacotah Banks Inc typically earns an average annual base salary of around $670,434, with a general range of $511,012 to $848,268.

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

In many roles at Dacotah Banks Inc, 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 Aberdeen affect the perceived value of a Dacotah Banks Inc salary?

Aberdeen's Cost of Living Index is approximately 82.1 (17.9% less expensive than US average; 11.9% less than SD average). This significantly impacts the purchasing power of a salary from Dacotah Banks Inc based there. Our "Cost of Living Insights for Aberdeen" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Dacotah Banks Inc typically offer employees?

Dacotah Banks Inc 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 Dacotah Banks Inc" section on this page.

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