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Durand State Bank Salary

Durand State Bank Salary

How much does the Durand State Bank Pay for employees?

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As of October 2026, the average annual salary for employees at Durand State Bank in the United States is $87,432. This translates to an approximate hourly wage of $42. Salaries at Durand State Bank typically range from $76,690 to $99,075 annually, reflecting the diverse roles and experience levels within the company. Durand State 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 Durand State Bank Pay for Different Roles?

Explore detailed salary information for specific jobs at Durand State 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.
How accurate does the salary look to you?

Current Job Openings at Durand State Bank

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

Is Durand State Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Durand State 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)
Durand State Bank
Financial Services
The Bristol Savings Bank
Atalo Holdings Inc
Industry Comparison
Our data shows that, on average, compensation at Durand State Bank is below the average for the U.S. Financial Services industry by approximately 28%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Durand State Bank average annual salary with several similar companies. Durand State Bank average salary of $87,432 is lower than The Bristol Savings Bank, which has an average salary of $96,852. It is higher than Atalo Holdings Inc, with their average salary at $83,445. This places Durand State 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.

How Durand State Bank's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Durand State Bank

Considering a career at Durand State 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.
Strategic direction is clear, and the company adapts well to industry shifts. The benefits are generous, and the team culture promotes collaboration and respect, making it easy to stay motivated and engaged. Positive, motivating culture boosts productivity daily. It’s a reliable place but can suit fast-paced professionals.
Commented in May 02, 2025
20
1
The teamwork at this financial institution is truly remarkable. Managers share context behind decisions. Job expectations are transparent, and tools are adequate for the work.
Commented in March 30, 2025
23
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The performance review process is fair, and high achievers are recognized and rewarded. The workload is steady but may lack variety. Change management is handled thoughtfully. The break room is well-stocked and inviting. However, the pace of change and some processes feel outdated. The company invests heavily in employee development through mentorship programs, sponsored certifications, and leader...
Commented in August 14, 2024
42
3

Durand State Bank Overview

Website
www.durandstatebank.com
Founded In
1957
Employees
<25 employees
Industry
Financial Services
Headquarter Address
13697 Best Rd Davis Illinois IL 61019
Revenue
<$5 Million
Phone Number
+1 8152482101
Social Media
About Durand State Bank
Durand State Bank offers several IRA accounts to choose from, including Traditional, Roth, Coverdell, and SEPs for business owners. Check our competitive rates when you retire or change jobs or for IRA roll-overs and transfers from Qualified Retirement Plans.

What Benefits Does Durand State Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. Durand State 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 Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Durand State Bank.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Durand State Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Durand State Bank salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Durand State Bank

1. How much does a Durand State Bank employee make?

Durand State Bank pays its employees an average of $87,432 per year. The average salary at Durand State Bank range from $76,690 to $99,075 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 Durand State Bank?

The salary at Durand State Bank is lesser than the similar company. The average annual salary at Durand State Bank is $87,432, or an hourly wage of $42, in comparison to The Bristol Savings Bank which pays $96,852 per year or $47 per hour.

3. How much does a President & Chief Executive Officer typically earn at Durand State Bank?

A President & Chief Executive Officer at Durand State Bank typically earns an average annual base salary of around $676,803, with a general range of $516,504 to $854,791.

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

In many roles at Durand State 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 Chicago affect the perceived value of a Durand State Bank salary?

Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). This significantly impacts the purchasing power of a salary from Durand State Bank based there. Our "Cost of Living Insights for Chicago" module details this impact, helping you assess the 'real feel' value of your compensation.

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

Durand State 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 Durand State Bank" section on this page.

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