Farmers Security Bank Salary

Farmers Security Bank Salary

How much does the Farmers Security Bank Pay for employees?

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As of August 2026, the average annual salary for employees at Farmers Security Bank in the United States is $82,696. This translates to an approximate hourly wage of $40. Salaries at Farmers Security Bank typically range from $72,539 to $93,710 annually, reflecting the diverse roles and experience levels within the company. Farmers Security 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 Farmers Security Bank Pay for Different Roles?

Explore detailed salary information for specific jobs at Farmers Security 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 Farmers Security Bank

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

Is Farmers Security Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Farmers Security 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
180k
150k
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90k
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Average Salary ($/year)
Farmers Security Bank
Financial Services
EGI Financial Inc
D & D Financial Services Inc
Industry Comparison
Our data shows that, on average, compensation at Farmers Security Bank is below the average for the U.S. Financial Services industry by approximately 32%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Farmers Security Bank average annual salary with several similar companies. Farmers Security Bank average salary of $82,696 is lower than EGI Financial Inc, which has an average salary of $84,806. It is lower than D & D Financial Services Inc, with their average salary at $92,580. This places Farmers Security Bank in a developing 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.

How Farmers Security Bank's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Farmers Security Bank

Considering a career at Farmers Security 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.
Work is divided evenly, but there’s little flexibility in how tasks are completed. This constructive mindset makes tough situations manageable. It feels good to know you’re not stuck in one path. Respectful colleagues create a friendly atmosphere.
Commented in March 31, 2025
13
1
Promotions take time and patience. The job is consistent and moderately challenging. The financial services firm invests heavily in employee training and career development. I’ve never felt more engaged in both my role and our mission. It’s a high-performing yet people-first workplace. This positive approach reduces stress during tough situations. I've built solid technical skills and meaningful r...
Commented in May 14, 2024
34
0
Social events help build strong team bonds. Family emergencies are accommodated. Workload is fair and deadlines are usually reasonable. The focus on clients and ethics makes me proud to work here.
Commented in March 12, 2024
29
1

Farmers Security Bank Overview

Website
www.fsbwashburn.bank
Founded In
1919
Employees
<25 employees
Industry
Financial Services
Headquarter Address
710 Main Ave Washburn North Dakota ND 58577
Revenue
<$5 Million
Phone Number
+1 7014623232
Social Media
About Farmers Security Bank
Farmers Security Bank is a company that operates in the Financial Services industry. It employs 6-10 people and has $1M-$5M of revenue. The company is headquartered in Washburn, North Dakota.

What Benefits Does Farmers Security Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. Farmers Security 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 Bismarck?

Understanding the cost of living near Bismarck is key to truly evaluating a salary offer or your current compensation at Farmers Security Bank.
Bismarck's Cost of Living Index is approximately 93.5 (6.5% less expensive than US average; 2.1% less than ND average). State capital, Missouri River, affordable. CAT bus. When planning your budget based on a salary from Farmers Security Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $900 - $1,400+ A significant portion of Farmers Security Bank salary. Location choices impact this heavily.
Utilities (Basic) $120 - $220 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (CAT monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $580 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,170 - $3,520+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Farmers Security Bank

1. How much does a Farmers Security Bank employee make?

Farmers Security Bank pays its employees an average of $82,696 per year. The average salary at Farmers Security Bank range from $72,539 to $93,710 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 Farmers Security Bank?

The salary at Farmers Security Bank is lesser than the similar company. The average annual salary at Farmers Security Bank is $82,696, or an hourly wage of $40, in comparison to EGI Financial Inc which pays $84,806 per year or $41 per hour.

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

In many roles at Farmers Security 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 Bismarck affect the perceived value of a Farmers Security Bank salary?

Bismarck's Cost of Living Index is approximately 93.5 (6.5% less expensive than US average; 2.1% less than ND average). This significantly impacts the purchasing power of a salary from Farmers Security Bank based there. Our "Cost of Living Insights for Bismarck" module details this impact, helping you assess the 'real feel' value of your compensation.

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

Farmers Security 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 Farmers Security Bank" section on this page.

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