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Grand River Commerce Salary

Grand River Commerce Salary

How much does the Grand River Commerce Pay for employees?

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As of August 2026, the average hourly salary for employees at Grand River Commerce in the United States is $44. This translates to an approximate annual wage of $90,850. Salaries at Grand River Commerce typically range from $38 to $50 hourly, reflecting the diverse roles and experience levels within the company. Grand River Commerce’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 Grand River Commerce Pay for Different Roles?

Explore detailed salary information for specific jobs at Grand River Commerce. 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 Grand River Commerce

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

Is Grand River Commerce’s Pay Competitive? Salary Benchmarking Analysis

How does Grand River Commerce’s compensation stack up against the market? This analysis visualizes their hourly average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
Grand River Commerce
Financial Services
ChoiceOne Bank
Dakota State Bank
Industry Comparison
Our data shows that, on average, compensation at Grand River Commerce is below the average for the U.S. Financial Services industry by approximately 25%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Grand River Commerce average annual salary with several similar companies. Grand River Commerce average salary of $90,850 is higher than ChoiceOne Bank, which has an average salary of $90,681. It is higher than Dakota State Bank, with their average salary at $80,766. This places Grand River Commerce in a competitive position among its peers.
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Companies Similar to Grand River Commerce and Their Hourly Pay Rates

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

Employee Reviews: Working at Grand River Commerce

Considering a career at Grand River Commerce? 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 a professional but somewhat rigid environment, best for those who prefer structured roles over fast-paced change. If you're driven and eager to expand your expertise in the financial sector, this firm offers an unparalleled platform for progression and specialization. I'm constantly learning new things and developing my skills in the financial services sector. Internal mobility programs help ...
Commented in February 13, 2025
13
0
Leadership prioritizes transparency, regularly sharing company performance and strategic goals. Great mentoring, excellent work culture, and a shared commitment to excellence make this company stand out. Leadership is competent but sometimes disconnected from staff needs. Office environment promotes productivity and comfort.
Commented in February 06, 2025
29
1
Team leads are open to suggestions, and cross-team collaboration is encouraged. The company size means your voice is heard. Benefits package is comprehensive and thoughtful. Communication is formal and occasionally inconsistent, leading to silos. The company culture actively promotes inclusivity and celebrates diverse perspectives, making it a welcoming place for everyone. Work-life balance initia...
Commented in May 17, 2024
33
1
Organization is large and well-run. Professional membership fees are covered. Fast-paced environment with rewarding outcomes. This firm stands out for its employee-centric.
Commented in January 17, 2024
11
0

Grand River Commerce Overview

Website
www.grandriverbank.com
Founded In
2006
Employees
25 - 50 employees
Industry
Financial Services
Headquarter Address
4471 Wilson Ave SW Grandville Michigan MI 49418
Revenue
$10 Million - $50 Million
Phone Number
+1 6169291600
Social Media
About Grand River Commerce
Grand River Commerce, Inc. operates as the bank holding company for Grand River Bank that provides various commercial and consumer banking products and services to businesses, professionals, and residents. The company operates through Commercial Real Estate, Commercial and Industrial, and Consumer segments. Its deposit products include interest and noninterest-bearing checking accounts, savings ac

What Benefits Does Grand River Commerce Offer Beyond Salary?

A competitive compensation package is more than just a salary. Grand River Commerce 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 Grand Rapids?

Understanding the cost of living near Grand Rapids is key to truly evaluating a salary offer or your current compensation at Grand River Commerce.
Grand Rapids' Cost of Living Index is approximately 89.5 (10.5% less expensive than US average; 2.0% less than MI average). Western MI city, growing, affordable housing. The Rapid bus. When planning your budget based on a salary from Grand River Commerce, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,000 - $1,500+ A significant portion of Grand River Commerce salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (The Rapid monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,210 - $3,580+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Grand River Commerce

1. What is the average salary for employees at Grand River Commerce?

The average total compensation for employees at Grand River Commerce is approximately $44 per hour. However, this is an aggregate figure, actual salaries can range significantly, typically from $38 to $50 per hour, depending on factors like job role, experience, and location.

2. How much does Grand River Commerce pay compared to ChoiceOne Bank?

The average annual salary at Grand River Commerce is $90,850, or an hourly wage of $44, in comparison to ChoiceOne Bank which pays $90,681 per year or $44 per hour.

3. What is the lowest salary at Grand River Commerce?

The lowest-paying job at Grand River Commerce is a Loan Assistant with a salary of $44,933 per hour. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Grand River Commerce?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Grand River Commerce for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Grand River Commerce offer cost-of-living adjustments (COLA) for employees in high-cost areas like Grand Rapids?

While some companies offer formal COLA, many, including potentially Grand River Commerce, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at Grand River Commerce?

Most companies, likely including Grand River Commerce, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.

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