Crestar Bank Salary

How much does the Crestar Bank Pay for employees?

As of August 2026, the average hourly salary for employees at Crestar Bank in the United States is $41. This translates to an approximate annual wage of $85,259. Salaries at Crestar Bank typically range from $36 to $46 hourly, reflecting the diverse roles and experience levels within the company. Crestar 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 Crestar Bank

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

Is Crestar Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Crestar Bank’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)
Crestar Bank
Financial Services
Xenith Bank a Division of Union Bank & Trust of Richmond Va
The Bank and Trust, SSB
Industry Comparison
Our data shows that, on average, compensation at Crestar Bank is below the average for the U.S. Financial Services industry by approximately 30%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Crestar Bank average annual salary with several similar companies. Crestar Bank average salary of $85,259 is lower than Xenith Bank a Division of Union Bank & Trust of Richmond Va, which has an average salary of $93,318. It is lower than The Bank and Trust, SSB, with their average salary at $89,584. This places Crestar Bank in a developing position among its peers.
See Your True Competitors
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Employee Reviews: Working at Crestar Bank

Considering a career at Crestar 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 company invests heavily in employee development through mentorship programs, sponsored certifications, and leadership training. It’s inspiring to be part of a team that drives financial excellence while making a positive difference in society. I’ve found this organization to be a fantastic place to develop a career in finance. Senior staff make time for junior colleagues. Gestures like handwri...
The company empowers employees to build strong client relationships, and feedback is actively incorporated into improvements. Job roles can be repetitive with limited variety. Open-door policies promote honest communication. Office culture is professional but sometimes reserved. While the company offers job security and a clear structure, it can suit individuals seeking a fast-paced or highly inno...
Respectful management and open-door policy. Benefits are solid, although pay raises are infrequent. On-site flu shots save time. Collaborative environment encourages innovation and creativity. Coworkers support each other, leadership is fair, and goals are clearly communicated.

Crestar Bank Overview

Website
Data pending, update soon.
Founded In
1867
Employees
25 - 50 employees
Industry
Financial Services
Headquarter Address
1000 E Main St Radford Virginia VA 24141
Revenue
$10 Million - $50 Million
Phone Number
+1 5407319213
Social Media
About Crestar Bank
Crestar Bank is a company that operates in the Financial Services industry. It employs 21-50 people and has $10M-$25M of revenue. The company is headquartered in Radford, Virginia.

What Benefits Does Crestar Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. Crestar 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 Roanoke?

Understanding the cost of living near Roanoke is key to truly evaluating a salary offer or your current compensation at Crestar Bank.
Roanoke's Cost of Living Index is approximately 83.2 (16.8% less expensive than US average; 20.1% less than VA average). Blue Ridge Mountains city, very affordable. Valley Metro. When planning your budget based on a salary from Crestar Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $800 - $1,200+ A significant portion of Crestar Bank salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (Valley Metro monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $300 - $600+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $650+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $1,990 - $3,220+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Crestar Bank

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

The average total compensation for employees at Crestar Bank is approximately $41 per hour. However, this is an aggregate figure, actual salaries can range significantly, typically from $36 to $46 per hour, depending on factors like job role, experience, and location.

2. How much does Crestar Bank pay compared to Xenith Bank a Division of Union Bank & Trust of Richmond Va?

The average annual salary at Crestar Bank is $85,259, or an hourly wage of $41, in comparison to Xenith Bank a Division of Union Bank & Trust of Richmond Va which pays $93,318 per year or $45 per hour.

3. How does having a professional certification impact salary for relevant roles at Crestar 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 Crestar Bank for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

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

While some companies offer formal COLA, many, including potentially Crestar 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.

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

Most companies, likely including Crestar 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.