Grand Timber Bank Salary

Grand Timber Bank Salary

How much does the Grand Timber Bank Pay for employees?

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As of August 2026, the average annual salary for employees at Grand Timber Bank in the United States is $83,751. This translates to an approximate hourly wage of $40. Salaries at Grand Timber Bank typically range from $73,464 to $94,905 annually, reflecting the diverse roles and experience levels within the company. Grand Timber 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 Grand Timber Bank Pay for Different Roles?

Explore detailed salary information for specific jobs at Grand Timber 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 Grand Timber Bank

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

Is Grand Timber Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Grand Timber 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
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90k
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Average Salary ($/year)
Grand Timber Bank
Financial Services
Lion Mortgage Corp
Pisgah Community Bank
Industry Comparison
Our data shows that, on average, compensation at Grand Timber 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 Grand Timber Bank average annual salary with several similar companies. Grand Timber Bank average salary of $83,751 is lower than Lion Mortgage Corp, which has an average salary of $99,046. It is lower than Pisgah Community Bank, with their average salary at $101,514. This places Grand Timber 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.

How Grand Timber Bank's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Grand Timber Bank

Considering a career at Grand Timber 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.
Career aspirations are discussed openly. Tuition reimbursement aids skill development. Internal mobility is actively encouraged. Consistent recognition for performance.
Commented in May 30, 2025
42
3
It feels good to know you’re not stuck in one path. The company embraces change and stays current with trends in fintech. Small wins are cheered.
Commented in March 25, 2025
14
0
I’ve found purpose in the work and fulfillment in the culture. Supportive leadership and clear communication foster a collaborative work environment. Management consistently checks in on team morale and actively seeks feedback for improvement. Hackathons spark creative solutions. Change is managed thoughtfully, with proper communication and training. Administrative support is exceptional. Technolo...
Commented in July 08, 2024
50
1

Grand Timber Bank Overview

Website
www.grandtimberbank.com
Founded In
1963
Employees
<25 employees
Industry
Financial Services
Headquarter Address
204 N Maddy St Mcgregor Minnesota MN 55760
Revenue
<$5 Million
Phone Number
+1 2187682410
Social Media
About Grand Timber Bank
Grand Timber 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 Mcgregor, Minnesota.

What Benefits Does Grand Timber Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. Grand Timber 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 Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Grand Timber Bank.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Grand Timber Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Grand Timber Bank salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Grand Timber Bank

1. What is the average salary for employees at Grand Timber Bank?

The average annual total compensation for employees at Grand Timber Bank is approximately $83,751. However, this is an aggregate figure, actual salaries can range significantly, typically from $73,464 to $94,905, depending on factors like job role, experience, and location.

2. How much does Grand Timber Bank pay compared to Lion Mortgage Corp?

The average annual salary at Grand Timber Bank is $83,751, or an hourly wage of $40, in comparison to Lion Mortgage Corp which pays $99,046 per year or $48 per hour.

3. What is the lowest salary at Grand Timber Bank?

The lowest-paying job at Grand Timber Bank is a Loan Processor with a salary of $35,440 per year. 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 Timber Bank?

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 Timber Bank for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Grand Timber Bank offer cost-of-living adjustments (COLA) for employees in high-cost areas like Minneapolis?

While some companies offer formal COLA, many, including potentially Grand Timber Bank, 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 Timber Bank?

Most companies, likely including Grand Timber Bank, 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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