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First Option Bank Salary

First Option Bank Salary

How Much Does First Option Bank Pay for employees?

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As of September 2026, the average annual salary for employees at First Option Bank in the United States is $84,585. This translates to an approximate hourly wage of $41. Salaries at First Option Bank typically range from $74,170 to $96,016 annually, reflecting the diverse roles and experience levels within the company. First Option 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 First Option Bank Pay for Different Roles?

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.

Administrative Assistant - FOFS

$60,635 / year

Salary Range: $53,447 - $68,081

Legal

Customer Service Representative

$40,328 / year

Salary Range: $36,517 - $45,032

Customer Service

Customer Service Representative - Elwood

$34,738 / year

Salary Range: $31,676 - $38,670

Retail

Customer Service Representative - Elwood/St. Joseph

$34,738 / year

Salary Range: $31,676 - $38,670

Retail

Customer Service Representative - Paola

$34,738 / year

Salary Range: $31,676 - $38,670

Retail

Data Entry Associate

$40,699 / year

Salary Range: $36,405 - $46,562

Data Entry

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.

Turn Insight into Opportunity: Current Job Openings

Ready for your next career move? Explore current job openings at First Option Bank.
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Job Title Location Release Date

About First Option Bank: Company Profile

Website
www.firstoptionbank.com
Founded In
1923
Employees
100 - 200 employees
Industry
Financial Services
Headquarter Location
OSAWATOMIE
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About FIRST OPTION BANK
In 1923, First Option Bank (fka First National Bank) opened for business in Osawatomie, Kansas. We continue to be a locally-owned bank today and over the decades have expanded to the communities of LaCygne, Louisburg, Paola and Spring Hill, Kansas. We are committed to earning customer loyalty by supporting our communities and providing our customers with the friendly, personalized service they des

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into First Option Bank's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
I'm constantly learning new things and developing my skills in the financial services sector. Performance reviews are regular but somewhat generic. Overall, it’s a dynamic workplace where dedication and results are recognized and rewarded. The culture emphasizes collaboration, innovation, and diversity, making every day rewarding. The work is challenging but rewarding, with opportunities to lead p...
Commented in April 03, 2025
11
3
Leadership fosters a respectful, empowering environment where collaboration thrives. Their vision for the company's future is ambitious yet achievable, and they communicate it clearly to all employees. It’s rare to find a company that balances ambition with such a positive workplace culture. Great work-life balance and flexible scheduling options. The work environment is professional but can feel ...
Commented in March 03, 2025
20
1
The organization values innovation and ensures employees have access to tools and training needed to succeed in a competitive financial landscape. Feedback loops ensure messages are understood. Competitive salary and excellent benefits make it a great workplace. Facilities teams keep everything running smoothly.
Commented in February 03, 2025
39
2
Mentorship programs, tuition reimbursement, and leadership training are just a few ways they invest in their workforce. I’ve had multiple growth opportunities, and my contributions are recognized. Career progression is possible. A culture of accountability and mutual respect defines this company. Communication across departments could improve. This financial services organization stands out for it...
Commented in January 10, 2025
23
0
The collaborative culture is a significant strength. The company's reputation in the industry is stellar, providing pride in our work. Everyone feels welcome and valued for their unique perspectives and contributions. Communication is formal and usually through official channels.
Commented in March 03, 2024
48
2

How First Option Bank's Salaries Compare to Similar Companies?

The data below provides a snapshot of what comparable firms are paying, offering crucial context for evaluating First Option Bank’s pay competitiveness. Click on a company for a deeper dive.

Is First Option Bank’s Pay Competitive? Salary Benchmarking Analysis

How does First Option Bank’s compensation stack up against the market? This analysis visualizes their average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
First Option Bank
Financial Services
F & C BANK, MEMBER FDIC
F S ASSOCIATES
Industry Comparison
Our data shows that, on average, compensation at First Option 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 First Option Bank average annual salary with several similar companies. First Option Bank average salary of $84,585 is higher than F & C BANK, MEMBER FDIC, which has an average salary of $84,102. It is lower than F S ASSOCIATES, with their average salary at $96,361. This places First Option Bank in a mid-range position among its peers.
See Your True Competitors
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.

What Is the Cost of Living Near Olathe?

Understanding the cost of living near Olathe is key to truly evaluating a salary offer or your current compensation at First Option Bank.
Olathe's Cost of Living Index is approximately 103.5 (3.5% more expensive than US average; 15.4% more than KS average). Kansas City suburb (Johnson Co.), growing, housing costs above US avg. RideKC. When planning your budget based on a salary from First Option Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,200 - $1,700+ A significant portion of First Option Bank salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $50 (RideKC monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $590 Can be higher with more dining out or specialty stores.
Personal & Leisure $380 - $680+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,530 - $3,880+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About First Option Bank

FAQ 1: What is the estimated average total compensation at First Option Bank?
Salary.com estimates that the average total compensation package at First Option Bank, which can include base salary, potential bonuses, and benefits, is around $84,585 annually . Total compensation provides a more holistic view of an employee's earnings.
FAQ 2: How much does First Option Bank pay compared to F & C BANK, MEMBER FDIC?
The average annual salary at First Option Bank is $84,585, or an hourly wage of $41, in comparison to F & C BANK, MEMBER FDIC which pays $84,102 per year or $40 per hour.
FAQ 3: What's the typical salary progression for an employee moving from an entry-level to a senior role at First Option Bank?
Salary progression from an entry-level to a senior role at First Option Bank can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.
FAQ 4: How can I determine if a salary offer from First Option Bank in Olathe is fair given the local cost of living?
To determine if a salary offer from First Option Bank in Olathe is fair, first compare the gross salary to our data for similar roles at First Option Bank and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Olathe" to understand its purchasing power.
FAQ 5: Are promotions at First Option Bank usually accompanied by a significant salary increase?
Yes, promotions at First Option Bank are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.

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