Gogebic Range Bank Salary

How much does the Gogebic Range Bank Pay for employees?

As of August 2026, the average annual salary for employees at Gogebic Range Bank in the United States is $83,973. This translates to an approximate hourly wage of $40. Salaries at Gogebic Range Bank typically range from $73,656 to $95,161 annually, reflecting the diverse roles and experience levels within the company. Gogebic Range 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 Gogebic Range Bank Pay for Different Roles?

Explore detailed salary information for specific jobs at Gogebic Range 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 Gogebic Range Bank

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

Is Gogebic Range Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Gogebic Range 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
120k
90k
60k
30k
0
Average Salary ($/year)
Gogebic Range Bank
Financial Services
EcoEnterprises Fund
Southeastern Capital Advisors LLC
Industry Comparison
Our data shows that, on average, compensation at Gogebic Range Bank is below the average for the U.S. Financial Services industry by approximately 31%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Gogebic Range Bank average annual salary with several similar companies. Gogebic Range Bank average salary of $83,973 is lower than EcoEnterprises Fund, which has an average salary of $98,328. It is lower than Southeastern Capital Advisors LLC, with their average salary at $87,601. This places Gogebic Range Bank in a developing 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.

Employee Reviews: Working at Gogebic Range Bank

Considering a career at Gogebic Range 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.
It's the perfect balance of tradition and progress. This company respects work-life balance while driving innovation. The company invests heavily in employee development, offering extensive training programs and mentorship opportunities. The onboarding process sets new hires up for success.
Priorities are clearly communicated. The company fosters a collaborative and inclusive environment where every employee feels valued. Cross-functional projects are rare.
Relationship-building is truly valued here. These moments of recognition boost morale. Opportunities to lead and innovate are abundant, and leadership remains open to feedback and improvement ideas. Strengths are recognized alongside growth areas. There's little to no emphasis on innovation. From certification programs to sponsored conferences, I’ve had so many chances to learn. Flexible schedules...

Gogebic Range Bank Overview

Website
www.gogebicrangebank.com
Founded In
2002
Employees
<25 employees
Industry
Financial Services
Headquarter Address
155 E Cloverland Dr Ironwood Michigan MI 49938
Revenue
<$5 Million
Phone Number
+1 9069327646
Social Media
About Gogebic Range Bank
Gogebic Range Bank (GRB) is a locally owned and operated bank. We make all loan decisions locally at our Ironwood and Bessemer, MI offices. Gogebic Range Bank is a wholly owned subsidiary of West End Financial Corporation, a single bank holding company. GRB opened for business on May 20 th 2002. We currently employ 21 people with total banking and investment experience exceeding 200 years. We have

What Benefits Does Gogebic Range Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. Gogebic Range 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)
Work at Gogebic Range Bank?
Share your experience
How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

illustration

What Is the Cost of Living Near Detroit?

Understanding the cost of living near Detroit is key to truly evaluating a salary offer or your current compensation at Gogebic Range Bank.
Detroit's Cost of Living Index is approximately 97.6 (2.4% less expensive than US average; 6.9% more than MI average). Housing varies extremely by neighborhood (very cheap to expensive gentrified), overall costs can be low. DDOT/SMART bus, QLine. When planning your budget based on a salary from Gogebic Range Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $800 - $1,500+ (Highly variable) A significant portion of Gogebic Range Bank salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (DDOT/SMART monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $570 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,130 - $3,660+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Gogebic Range Bank

1. How much does Gogebic Range Bank in the United States pay?

Gogebic Range Bank pays its employees an average of $83,973 per year. The average salary at Gogebic Range Bank range from $73,656 to $95,161 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 Gogebic Range Bank employees get a higher salary than its peer company?

The salary at Gogebic Range Bank is lesser than its peer company. The average annual salary at Gogebic Range Bank is $83,973, or an hourly wage of $40, in comparison to EcoEnterprises Fund which pays $98,328 per year or $47 per hour.

3. What are the highest paying jobs at Gogebic Range Bank?

The higher-paying job at Gogebic Range Bank, according to our data, include Chief Executive Officer (avg. $650,022 per year), Internal Auditor (avg. $60,276 per year), and Credit Analyst (avg. $52,658 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Gogebic Range Bank?

Salary progression with years of experience at Gogebic Range Bank 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 Gogebic Range Bank vary by office location?

Yes, it's very likely that salaries at Gogebic Range Bank 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 Detroit section provides more context.

6. Does Gogebic Range Bank offer good benefits?

Gogebic Range Bank 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 Gogebic Range Bank" section on this page.