Bank Excelsior Salary

How much does the Bank Excelsior Pay for employees?

As of August 2026, the average hourly salary for employees at Bank Excelsior in the United States is $48. This translates to an approximate annual wage of $100,681. Salaries at Bank Excelsior typically range from $42 to $55 hourly, reflecting the diverse roles and experience levels within the company. Bank Excelsior’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 Bank Excelsior

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Is Bank Excelsior’s Pay Competitive? Salary Benchmarking Analysis

How does Bank Excelsior’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)
Bank Excelsior
Financial Services
Midway Bank
WellsFargo Commercial Banking
Industry Comparison
Our data shows that, on average, compensation at Bank Excelsior is below the average for the U.S. Financial Services industry by approximately 17%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Bank Excelsior average annual salary with several similar companies. Bank Excelsior average salary of $100,681 is lower than Midway Bank, which has an average salary of $100,754. It is higher than WellsFargo Commercial Banking, with their average salary at $96,187. This places Bank Excelsior in a mid-range position among its peers.
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Employee Reviews: Working at Bank Excelsior

Considering a career at Bank Excelsior? 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.
Diversity and inclusion efforts feel authentic. Flexible scheduling options help balance personal and work life. Despite its strong workforce, the company fosters a dynamic and entrepreneurial environment.
It’s a decent place to gain foundational experience, but those seeking dynamic challenges might feel limited in growth opportunities. I'm constantly learning new things and developing my skills in the financial services sector. The workload is steady but can become monotonous. Colleagues are smart and helpful. Cybersecurity training keeps us all vigilant.
Projects are well-managed and feedback is constructive. It’s a dynamic place to grow, with ample opportunities for career advancement. The roadmap balances ambition with realism. Workplace culture is respectful but can feel formal or impersonal. I appreciate the trust and autonomy given. It's a decent job if you're looking for predictability without a lot of external pressure or frequent changes i...
Leadership is engaged and values employee contributions, encouraging creativity and continuous improvement. Great training, well-defined roles, and a helpful team made onboarding seamless. Despite having team members, IT support is responsive, and systems are user-friendly. The environment is fast-paced, but the support system keeps stress manageable. Action items are documented and followed up.

Bank Excelsior Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
25 - 50 employees
Industry
Financial Services
Headquarter Address
435 Water St Excelsior Minnesota MN 55331
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About Bank Excelsior
Bank Excelsior is a company that operates in the Financial Services industry. It employs 21-50 people and has $25M-$50M of revenue. The company is headquartered in Excelsior, Minnesota.

What Benefits Does Bank Excelsior Offer Beyond Salary?

A competitive compensation package is more than just a salary. Bank Excelsior 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 Bank Excelsior.
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 Bank Excelsior, 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 Bank Excelsior 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 Bank Excelsior

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

The average total compensation for employees at Bank Excelsior is approximately $48 per hour. However, this is an aggregate figure, actual salaries can range significantly, typically from $42 to $55 per hour, depending on factors like job role, experience, and location.

2. How much does Bank Excelsior pay compared to Midway Bank?

The average annual salary at Bank Excelsior is $100,681, or an hourly wage of $48, in comparison to Midway Bank which pays $100,754 per year or $48 per hour.

3. How does having a professional certification impact salary for relevant roles at Bank Excelsior?

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

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

While some companies offer formal COLA, many, including potentially Bank Excelsior, 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.

5. What's the typical process for salary reviews and raises at Bank Excelsior?

Most companies, likely including Bank Excelsior, 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.