Elkton Bank Salary

Elkton Bank Salary

How much does the Elkton Bank Pay for employees?

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As of August 2026, the average annual salary for employees at Elkton Bank in the United States is $85,513. This translates to an approximate hourly wage of $41. Salaries at Elkton Bank typically range from $74,967 to $97,002 annually, reflecting the diverse roles and experience levels within the company. Elkton 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.
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Current Job Openings at Elkton Bank

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

Is Elkton Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Elkton 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)
Elkton Bank
Financial Services
Whitaker Bank of Campton , KY
Calvert Bank
Industry Comparison
Our data shows that, on average, compensation at Elkton Bank is below the average for the U.S. Financial Services industry by approximately 30%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Elkton Bank average annual salary with several similar companies. Elkton Bank average salary of $85,513 is lower than Whitaker Bank of Campton , KY, which has an average salary of $90,038. It is lower than Calvert Bank, with their average salary at $86,135. This places Elkton Bank in a developing position among its peers.
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How Elkton Bank's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Elkton Bank

Considering a career at Elkton 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.
It's rewarding to see our collective efforts pay off for our clients. The culture emphasizes teamwork, ethical business practices, and client satisfaction. Working with skilled peers elevates everyone's performance. The overall work atmosphere is fast-paced yet respectful, and coworkers genuinely care about each other’s success and wellbeing. Encouraged to contribute new ideas.
Commented in April 27, 2025
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Internal mobility is real, and continuous improvement is encouraged. Communication is clear but sometimes delayed, affecting collaboration. Organization is large and well-run. However, little is done to inspire creativity or engagement. Working at this financial services firm has been transformative for my career. There’s not a lot of creative freedom, but job security and organization are strong....
Commented in July 21, 2024
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Coworkers are driven and respectful, and leadership consistently promotes internal growth. Fitness challenges build camaraderie. leadership helps set realistic and exciting growth plans. It’s an environment that encourages learning and celebrates achievements. There’s a strong emphasis on accuracy and compliance, which makes sense for a financial firm.
Commented in February 16, 2024
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Elkton Bank Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
Financial Services
Headquarter Address
808 S Main St Elkton Kentucky KY 42220
Revenue
$10 Million - $50 Million
Phone Number
+1 2702652585
Social Media
About Elkton Bank
Elkton Bank is a company that operates in the Financial Services industry. It employs 51-100 people and has $25M-$50M of revenue. The company is headquartered in Elkton, Kentucky.

What Benefits Does Elkton Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. Elkton 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 Bowling Green?

Understanding the cost of living near Bowling Green is key to truly evaluating a salary offer or your current compensation at Elkton Bank.
Bowling Green's Cost of Living Index is approximately 85.3 (14.7% less expensive than US average; 8.2% less than KY average). South Central KY city (Western KY Univ.), affordable. GO BG Transit. When planning your budget based on a salary from Elkton Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $800 - $1,250+ A significant portion of Elkton Bank salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $25 (GO BG Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $300 - $580+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $640+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,005 - $3,265+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Elkton Bank

1. How much does an Elkton Bank employee make?

Elkton Bank pays its employees an average of $85,513 per year. The average salary at Elkton Bank range from $74,967 to $97,002 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 Elkton Bank?

The salary at Elkton Bank is lesser than the similar company. The average annual salary at Elkton Bank is $85,513, or an hourly wage of $41, in comparison to Whitaker Bank of Campton , KY which pays $90,038 per year or $43 per hour.

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

In many roles at Elkton 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.

4. How does the cost of living near Bowling Green affect the perceived value of a Elkton Bank salary?

Bowling Green's Cost of Living Index is approximately 85.3 (14.7% less expensive than US average; 8.2% less than KY average). This significantly impacts the purchasing power of a salary from Elkton Bank based there. Our "Cost of Living Insights for Bowling Green" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Elkton Bank typically offer employees?

Elkton 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 Elkton Bank" section on this page.

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