Elsa State Bank Salary

How much does the Elsa State Bank Pay for employees?

As of August 2026, the average annual salary for employees at Elsa State Bank in the United States is $78,583. This translates to an approximate hourly wage of $38. Salaries at Elsa State Bank typically range from $68,919 to $89,064 annually, reflecting the diverse roles and experience levels within the company. Elsa 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.
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Current Job Openings at Elsa State Bank

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

How does Elsa 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)
Elsa State Bank
Financial Services
Community Savings Bank
Rochelle Bank
Industry Comparison
Our data shows that, on average, compensation at Elsa State Bank is below the average for the U.S. Financial Services industry by approximately 35%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Elsa State Bank average annual salary with several similar companies. Elsa State Bank average salary of $78,583 is lower than Community Savings Bank, which has an average salary of $97,432. It is lower than Rochelle Bank, with their average salary at $82,802. This places Elsa State Bank in a developing position among its peers.
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Employee Reviews: Working at Elsa State Bank

Considering a career at Elsa 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.
Birthday recognitions. Structure is the company’s strong suit. My manager is a fantastic mentor. They prioritize ethical practices and employee well-being. Projects are well-managed and feedback is constructive.
The workload is steady but can become monotonous. The learning portal offers hundreds of relevant courses. Career goals are taken seriously here. I've built solid technical skills and meaningful relationships. Working at this financial firm has been an incredible experience. Tuition reimbursement supports continuing education. Positive work-life balance and flexible scheduling. Management recogniz...
Structure supports long-term careers. Leadership knows employees by name. Standing desks are standard issue. The company fosters a culture of continuous learning through access to industry certifications and workshops. Reverse mentoring keeps leaders learning.

Elsa State Bank Overview

Website
www.elsastatebank.com
Founded In
1945
Employees
<25 employees
Industry
Financial Services
Headquarter Address
442 W Santa Rosa Ave Edcouch Texas TX 78538
Revenue
$10 Million - $50 Million
Phone Number
+1 9562623674
Social Media
About Elsa State Bank
At Elsa State Bank, our goal is to provide customers with a full variety of world-class financial products and services that exceed expectations. We emphasize strong customer relationships and a high level of community involvement. Our team is dedicated to consistently delivering the highest quality service to the communities we serve.

What Benefits Does Elsa State Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. Elsa 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 Mcallen?

Understanding the cost of living near Mcallen is key to truly evaluating a salary offer or your current compensation at Elsa State Bank.
McAllen's Cost of Living Index is approximately 78.9 (21.1% less expensive than US average; 15.2% less than TX average). Rio Grande Valley city, very affordable. Metro McAllen. When planning your budget based on a salary from Elsa State Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $750 - $1,100+ A significant portion of Elsa State Bank salary. Location choices impact this heavily.
Utilities (Basic) $160 - $260 Electricity, Heating, Cooling, Water etc.
Public Transportation Limited local transit Essential for most commuters; car ownership is costly.
Groceries (Single Person) $360 - $530 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) $1,950 - $3,110+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Elsa State Bank

1. What is the typical salary range (low to high) for most roles at Elsa State Bank?

The typical annual salary range for most roles at Elsa State Bank is approximately from $68,919 to $89,064. 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. How much does Elsa State Bank pay compared to Community Savings Bank?

The average annual salary at Elsa State Bank is $78,583, or an hourly wage of $38, in comparison to Community Savings Bank which pays $97,432 per year or $47 per hour.

3. How does experience level affect salary at Elsa State Bank?

Experience level is a significant factor in determining salary at Elsa State Bank, 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.

4. How can I determine if a salary offer from Elsa State Bank in Mcallen is fair given the local cost of living?

To determine if a salary offer from Elsa State Bank in Mcallen is fair, first compare the gross salary to our data for similar roles at Elsa State Bank and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Mcallen" to understand its purchasing power.

5. Are the salaries listed for Elsa State Bank on Salary.com pre-tax or after-tax?

All salary figures displayed for Elsa State Bank, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.