First Electronic Bank Salary

First Electronic Bank Salary

How much does the First Electronic Bank Pay for employees?

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As of August 2026, the average hourly salary for employees at First Electronic Bank in the United States is $43. This translates to an approximate annual wage of $90,428. Salaries at First Electronic Bank typically range from $38 to $49 hourly, reflecting the diverse roles and experience levels within the company. First Electronic 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 First Electronic Bank

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Is First Electronic Bank’s Pay Competitive? Salary Benchmarking Analysis

How does First Electronic 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)
First Electronic Bank
Financial Services
Mka Holdings LLC
The First National Bank Building of Whitewright
Industry Comparison
Our data shows that, on average, compensation at First Electronic Bank is below the average for the U.S. Financial Services industry by approximately 26%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared First Electronic Bank average annual salary with several similar companies. First Electronic Bank average salary of $90,428 is lower than Mka Holdings LLC, which has an average salary of $106,324. It is lower than The First National Bank Building of Whitewright, with their average salary at $94,362. This places First Electronic Bank in a developing position among its peers.
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Companies Similar to First Electronic Bank and Their Hourly Pay Rates

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

Employee Reviews: Working at First Electronic Bank

Considering a career at First Electronic 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.
Processes are clear but inflexible. Systems work well but are rarely updated. Communication varies across different teams. The job is consistent and moderately challenging. Recognized for hard work regularly.
Commented in April 30, 2025
22
0
Excellent team spirit! We celebrate successes together, making it a fun and motivating place to build a financial career. Even when things get busy, there’s support and a positive attitude. My experience has been nothing short of positive. The focus on clients and ethics makes me proud to work here. The use of advanced technology streamlines workflows, enhancing productivity and job satisfaction. ...
Commented in February 13, 2025
14
0
Communication between departments sometimes lacks clarity in projects. For a company they ensure that hard work is recognized and rewarded appropriately. Transparent goals align with employee efforts. A truly inclusive workplace where diversity is celebrated.
Commented in February 23, 2024
11
3

First Electronic Bank Overview

Website
www.firstelectronic.bank
Founded In
1999
Employees
50 - 100 employees
Industry
Financial Services
Headquarter Address
2150 S 1300 E Salt Lake City Utah UT 84106
Revenue
$5 Million - $10 Million
Phone Number
+1 8015724004
Social Media
About First Electronic Bank
First Electronic Bank is headquartered in Salt Lake City, Utah and is a state chartered, federally insured industrial bank, regulated by the FDIC and Utah Department of Financial Institutions. First Electronic Bank offers revolving private-label bank card and closed-end financing programs through its strategic partners. Each strategic partnership program is custom tailored to an individual partner

What Benefits Does First Electronic Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. First Electronic 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 Salt Lake City?

Understanding the cost of living near Salt Lake City is key to truly evaluating a salary offer or your current compensation at First Electronic Bank.
Salt Lake City's Cost of Living Index is approximately 104.3 (4.3% more expensive than US average; 2.8% more than UT average). State capital, growing tech scene, housing costs above US avg. UTA bus/TRAX/FrontRunner. When planning your budget based on a salary from First Electronic Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,300 - $1,900+ A significant portion of First Electronic Bank salary. Location choices impact this heavily.
Utilities (Basic) $100 - $180 Electricity, Heating, Cooling, Water etc.
Public Transportation $85 (UTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $410 - $600 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,675 - $4,135+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of First Electronic Bank

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

The typical salary range for most roles at First Electronic Bank is approximately from $38 to $49 per hour. 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 First Electronic Bank pay compared to Mka Holdings LLC?

The average annual salary at First Electronic Bank is $90,428, or an hourly wage of $43, in comparison to Mka Holdings LLC which pays $106,324 per year or $51 per hour.

3. How does experience level affect salary at First Electronic Bank?

Experience level is a significant factor in determining salary at First Electronic 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 First Electronic Bank in Salt Lake City is fair given the local cost of living?

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

5. What are the key factors that influence salary levels at First Electronic Bank?

Several key factors influence salary levels at First Electronic 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: First Electronic 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.

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