Herrin Security Bank Salary

How much does the Herrin Security Bank Pay for employees?

As of August 2026, the average annual salary for employees at Herrin Security Bank in the United States is $89,299. This translates to an approximate hourly wage of $43. Salaries at Herrin Security Bank typically range from $78,293 to $101,270 annually, reflecting the diverse roles and experience levels within the company. Herrin 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.
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Current Job Openings at Herrin Security Bank

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

How does Herrin 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
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Average Salary ($/year)
Herrin Security Bank
Financial Services
Conrad Siegel
First Community Bank Locations
Industry Comparison
Our data shows that, on average, compensation at Herrin Security Bank is below the average for the U.S. Financial Services industry by approximately 27%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Herrin Security Bank average annual salary with several similar companies. Herrin Security Bank average salary of $89,299 is lower than Conrad Siegel, which has an average salary of $91,325. It is higher than First Community Bank Locations, with their average salary at $87,074. This places Herrin Security Bank in a mid-range position among its peers.
See Your True Competitors
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Employee Reviews: Working at Herrin Security Bank

Considering a career at Herrin 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.
The workload is stable, and support is available when needed. The workload is steady but can become monotonous. Mentorship programs help underrepresented groups advance in their careers. Leadership is accessible and promotes a positive, transparent work environment. Communication across departments could improve.
Positive work-life balance and flexible scheduling. Communication is strong, and teamwork is emphasized. Management prioritizes meeting deadlines over team building. The financial solutions we offer are impactful and relevant. The company follows procedures strictly, with little deviation from protocol. Growth opportunities abound within the company. Flexible schedules and great benefits.
The benefits are excellent, providing healthcare, wellness programs, and retirement plans. The company’s financial stability ensures long-term employment prospects and job satisfaction. Digital workflows have eliminated most paper processes.

Herrin Security Bank Overview

Website
www.herrinsecuritybank.com
Founded In
1957
Employees
50 - 100 employees
Industry
Financial Services
Headquarter Address
204 S Main St Royalton Illinois IL 62983
Revenue
<$5 Million
Phone Number
+1 6189847706
Social Media
About Herrin Security Bank
Herrin Security Bank is a company that operates in the Financial Services industry. It employs 51-100 people and has $1M-$5M of revenue. The company is headquartered in Royalton, Illinois.

What Benefits Does Herrin Security Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. Herrin 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 Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Herrin Security Bank.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Herrin Security Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Herrin Security Bank salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Herrin Security Bank

1. What is the typical salary range (low to high) for most roles at Herrin Security Bank?

The typical annual salary range for most roles at Herrin Security Bank is approximately from $78,293 to $101,270. 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. How much does Herrin Security Bank pay compared to Conrad Siegel?

The average annual salary at Herrin Security Bank is $89,299, or an hourly wage of $43, in comparison to Conrad Siegel which pays $91,325 per year or $44 per hour.

3. How does experience level affect salary at Herrin Security Bank?

Experience level is a significant factor in determining salary at Herrin Security Bank, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

4. How can I determine if a salary offer from Herrin Security Bank in Chicago is fair given the local cost of living?

To determine if a salary offer from Herrin Security Bank in Chicago is fair, first compare the gross salary to our data for similar roles at Herrin Security Bank and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Chicago" to understand its purchasing power.

5. What are the key factors that influence salary levels at Herrin Security Bank?

Several key factors influence salary levels at Herrin Security Bank. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Herrin Security Bank likely benchmarks its salaries against other companies in the Financial Services sector. You can explore how these factors play out in our detailed salary data.