Farimount Bank Salary

How much does the Farimount Bank Pay for employees?

As of August 2026, the average annual salary for employees at Farimount Bank in the United States is $98,202. This translates to an approximate hourly wage of $47. Salaries at Farimount Bank typically range from $86,082 to $111,391 annually, reflecting the diverse roles and experience levels within the company. Farimount 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 Farimount Bank

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Is Farimount Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Farimount 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)
Farimount Bank
Financial Services
Forbright Bank
Bayvangaurd Bank
Industry Comparison
Our data shows that, on average, compensation at Farimount Bank is below the average for the U.S. Financial Services industry by approximately 19%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Farimount Bank average annual salary with several similar companies. Farimount Bank average salary of $98,202 is lower than Forbright Bank, which has an average salary of $106,788. It is lower than Bayvangaurd Bank, with their average salary at $98,761. This places Farimount Bank in a developing position among its peers.
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Employee Reviews: Working at Farimount Bank

Considering a career at Farimount 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.
Management is approachable and invests in employee growth through regular training and mentoring. Leadership is accessible and promotes a positive, transparent work environment. Employees are encouraged to share ideas and take initiative. Colleagues are dependable and collaborative.
Secure systems prevent breaches. I’ve gained deep insight into financial products and market trends. Feedback is specific and actionable. Work feels somewhat siloed, and collaboration opportunities are limited. Collaboration is present and it is somehow encouraged beyond necessity.
The atmosphere is professional but lacks energy. Leadership gives clear direction and supports work-life balance. What makes this financial services firm exceptional is its unwavering commitment to clients and integrity. What stands out is the mutual respect among colleagues at all levels. Time limits are enforced. The environment is calm, with few unexpected challenges.
The financial services we provide are innovative and client-focused. Workloads can be high during busy periods, leading to occasional stress, despite fair compensation. Internal transfers are possible but usually take time to approve and implement. Onboarding was straightforward, and expectations are communicated clearly. Training is offered but often generalized rather than customized.

Farimount Bank Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
Financial Services
Headquarter Address
8216 Philadelphia Rd Baltimore Maryland MD 21237
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About Farimount Bank
Farimount 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 Baltimore, Maryland.

What Benefits Does Farimount Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. Farimount 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 Baltimore?

Understanding the cost of living near Baltimore is key to truly evaluating a salary offer or your current compensation at Farimount Bank.
Baltimore's Cost of Living Index is approximately 91.8 (8.2% less expensive than US average; 18.8% less than MD average). Major city, historic, affordable housing in many areas, but varies greatly by neighborhood. MTA bus/Light Rail/Metro Subway. When planning your budget based on a salary from Farimount Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,200 - $1,900+ A significant portion of Farimount Bank salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $77 (MTA CharmCard 31-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $420 - $620 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,627 - $4,227+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Farimount Bank

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

The typical annual salary range for most roles at Farimount Bank is approximately from $86,082 to $111,391. 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 Farimount Bank pay compared to Forbright Bank?

The average annual salary at Farimount Bank is $98,202, or an hourly wage of $47, in comparison to Forbright Bank which pays $106,788 per year or $51 per hour.

3. How does experience level affect salary at Farimount Bank?

Experience level is a significant factor in determining salary at Farimount 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 Farimount Bank in Baltimore is fair given the local cost of living?

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

5. What factors influence salary increases at Farimount Bank?

Salary increases at Farimount Bank are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.