Enterprise Bancorp Inc Salary

How much does the Enterprise Bancorp Inc Pay for employees?

As of August 2026, the average annual salary for employees at Enterprise Bancorp Inc in the United States is $115,437. This translates to an approximate hourly wage of $55. Salaries at Enterprise Bancorp Inc typically range from $101,129 to $131,048 annually, reflecting the diverse roles and experience levels within the company. Enterprise Bancorp 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 Enterprise Bancorp Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Enterprise Bancorp 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.
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Current Job Openings at Enterprise Bancorp Inc

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

Is Enterprise Bancorp Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Enterprise Bancorp 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)
Enterprise Bancorp Inc
Financial Services
1st Security Bank of Washington
Bank Mutual
Industry Comparison
Our data shows that, on average, compensation at Enterprise Bancorp Inc is below the average for the U.S. Financial Services industry by approximately 5%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Enterprise Bancorp Inc average annual salary with several similar companies. Enterprise Bancorp Inc average salary of $115,437 is lower than 1st Security Bank of Washington, which has an average salary of $117,178. It is higher than Bank Mutual, with their average salary at $106,725. This places Enterprise Bancorp Inc in a mid-range position among its peers.
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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 Enterprise Bancorp Inc

Considering a career at Enterprise Bancorp 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.
Managers are responsive and respectful. Open-door policies promote honest communication. Management consistently checks in on team morale and actively seeks feedback for improvement. It’s rare to find a company that combines professional rigor with such a supportive environment.
Collaborative culture with strong emphasis on professional development. The collaborative atmosphere makes it easy to work across teams, and the focus on client satisfaction is unmatched. Professionalism and integrity are deeply valued. The company is known for solid benefits and work-life balance, but promotion paths are not well defined. Overall, it’s a stable workplace that prioritizes routine ...
Board leadership inspires confidence. There’s a healthy mix of structure and flexibility. The firm offers good job security and structured roles but limited flexibility. Leadership encourages creative problem-solving and regularly implements employee suggestions for process improvements. This financial services company offers one of the most attractive compensation packages in the industry.
This positive approach reduces stress during tough situations. Deadlines are manageable, and performance metrics are realistic. Coworkers are driven and respectful, and leadership consistently promotes internal growth. Our team functions with mutual respect and shared goals. Leadership listens and responds quickly.

Enterprise Bancorp Inc Overview

Website
www.enterprisebanking.com
Founded In
1988
Employees
500 - 1,000 employees
Industry
Financial Services
Headquarter Address
222 Merrimack St Lowell Massachusetts MA 01852
Revenue
$50 Million - $200 Million
Phone Number
+1 9784599000
Social Media
About Enterprise Bancorp Inc
Enterprise Bancorp, Inc. operates as the holding company for Enterprise Bank and Trust Company that provides various banking products and services primarily in the greater Merrimack Valley and North Central regions of Massachusetts and Southern New Hampshire. The company offers commercial checking, business and municipal savings accounts, term certificates of deposit, money market and business swe

What Benefits Does Enterprise Bancorp Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Enterprise Bancorp 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 Lowell?

Understanding the cost of living near Lowell is key to truly evaluating a salary offer or your current compensation at Enterprise Bancorp Inc.
Lowell's Cost of Living Index is approximately 115.8 (15.8% more expensive than US average; 12.7% less than MA average). Merrimack Valley city, historic mills, housing more affordable than Boston. LRTA bus, Commuter Rail. When planning your budget based on a salary from Enterprise Bancorp Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,600 - $2,300+ A significant portion of Enterprise Bancorp Inc salary. Location choices impact this heavily.
Utilities (Basic) $170 - $280 Electricity, Heating, Cooling, Water etc.
Public Transportation $50 (LRTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $660 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $730+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,070 - $4,720+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Enterprise Bancorp Inc

1. How much does Enterprise Bancorp Inc in the United States pay?

Enterprise Bancorp Inc pays its employees an average of $115,437 per year. The average salary at Enterprise Bancorp Inc range from $101,129 to $131,048 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. Do Enterprise Bancorp Inc employees get a higher salary than its peer company?

The salary at Enterprise Bancorp Inc is lesser than its peer company. The average annual salary at Enterprise Bancorp Inc is $115,437, or an hourly wage of $55, in comparison to 1st Security Bank of Washington which pays $117,178 per year or $56 per hour.

3. What are the highest paying jobs at Enterprise Bancorp Inc?

The higher-paying job at Enterprise Bancorp Inc, according to our data, include Chief Executive Officer (avg. $893,586 per year), President (avg. $893,586 per year), and Chief Financial Officer (avg. $465,877 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Enterprise Bancorp Inc?

Salary progression with years of experience at Enterprise Bancorp Inc is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

5. Do salaries at Enterprise Bancorp Inc vary by office location?

Yes, it's very likely that salaries at Enterprise Bancorp Inc vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Lowell section provides more context.

6. Does Enterprise Bancorp Inc offer good benefits?

Enterprise Bancorp Inc typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Enterprise Bancorp Inc" section on this page.