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Genfed Financial Salary

How Much Does Genfed Financial Pay for employees?

Yearly Salary Hourly Rate Monthly Salary Weekly Salary

Salary at Genfed Financial

How Much Does Genfed Financial Pay for Different Roles?

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.

Digital Services Specialist

$17 / hour

Salary Range: $15 - $19

Security Services

Contact Center Agent

$42 / hour

Salary Range: $36 - $48

Sales

Fraud and Security Specialist

$44 / hour

Salary Range: $38 - $51

Security Services

Digital Support Agent

$34 / hour

Salary Range: $30 - $38

Construction

Business Anaylst

$66 / hour

Salary Range: $55 - $75

Library

Digital Banking Agent

$34 / hour

Salary Range: $30 - $38

Construction

Universal Banker

$21 / hour

Salary Range: $19 - $23

Teller Operations

Part-time Teller

$18 / hour

Salary Range: $17 - $20

Banking

Universal Banker / Head Teller

$19 / hour

Salary Range: $17 - $21

Banking and Financial Services

Retail Banking Representative

$19 / hour

Salary Range: $17 - $21

Teller Operations

Deposit Operations Specialist I - Baytown

$29 / hour

Salary Range: $24 - $34

Operations

Personal Financial Officer - Mont Belvieu

$27 / hour

Salary Range: $24 - $31

Management

Member Services Representative - Atascocita

$71 / hour

Salary Range: $62 - $85

Operations Management

Teller Floater- Baytown

$23 / hour

Salary Range: $20 - $26

Oil and Gas

Turn Insight into Opportunity: Current Job Openings

Ready for your next career move? Explore current job openings at Genfed Financial.

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About Genfed Financial: Company Profile

Website

www.genfed.com

Founded In

1938

Employees

50 - 100 employees

Industry

Financial Services

Headquarter Location

LORAIN

Revenue

$10 Million - $50 Million

Phone Number

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Genfed Financial's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.

Financial services here are approached with integrity and innovation. Career planning is vague unless you proactively seek guidance. It's exciting to be part of an institution shaping the future of finance. What stands out is the company’s genuine care for its employees, evident not just in competitive compensation but also in thoughtful wellness initiatives and a supportive atmosphere. It's a dec...

Commented in April 22, 2025

Office locations are convenient and accessible. Training and development are available but lack consistency. Training programs exist but vary in quality by team. This provides job security and confidence in our future success.

Commented in February 26, 2025

The company is agile and adapts well to market changes. Working has been an exceptional experience. Career growth is possible but based on tenure rather than merit. Employees are expected to follow procedures closely, and there isn’t much deviation from set protocols.

Commented in February 10, 2025

Community involvement is a point of pride. The company offers meaningful work, steady professional development, and competitive compensation. I’m proud to work at a place that values transparency, progress, and teamwork. What makes this financial services firm exceptional is its unwavering commitment to clients and integrity. It’s refreshing to work where leadership promotes trust, teamwork, and p...

Commented in January 10, 2025

Colleagues are skilled and willing to help. Training is available but sometimes lacks depth. Management is transparent, goals are realistic, and feedback is welcomed. I'm proud to be part of such a professional team.

Commented in January 05, 2024

How Genfed Financial's Salaries Compare to Similar Companies?

The data below provides a snapshot of what comparable firms are paying, offering crucial context for evaluating Genfed Financial’s pay competitiveness. Click on a company for a deeper dive.

GALLO AND RUSSELL

Avg. Hourly Rate: $37

GARNERFM

Avg. Hourly Rate: $50

GET ADVISORY SERVICES

Avg. Hourly Rate: $44

GARLAND & ASSOCIATES

Avg. Hourly Rate: $46

GEORGE TSUNIS REAL ESTATE

Avg. Hourly Rate: $45

GLASS JACOBSON FINANCIAL GROUP

Avg. Hourly Rate: $46

GLASS HOUSE INTERNATIONAL REAL ESTATE

Avg. Hourly Rate: $41

GKV CAPITAL MANAGEMENT

Avg. Hourly Rate: $44

GERMANO FINANCIAL LLC

Avg. Hourly Rate: $44

GLOBAL CAPITAL MARKETS

Avg. Hourly Rate: $46

GL FINANCIAL LLC

Avg. Hourly Rate: $40

GLOBAL WEALTH PARTNERS

Avg. Hourly Rate: $40

Is Genfed Financial’s Pay Competitive? Salary Benchmarking Analysis

How does Genfed Financial’s compensation stack up against the market? This analysis visualizes their average salary compared to its industry benchmark and key peer companies.

Peer Company & Industry Benchmarking

180k

150k

120k

90k

60k

30k

Average Salary ($/year)

Genfed Financial

Financial Services

GALLO AND RUSSELL

GARNERFM

Industry Comparison

Our data shows that, on average, compensation at Genfed Financial 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 Genfed Financial average annual salary with several similar companies. Genfed Financial average salary of $83,968 is higher than GALLO AND RUSSELL, which has an average salary of $77,483. It is lower than GARNERFM, with their average salary at $104,326. This places Genfed Financial in a mid-range 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.

What Is the Cost of Living Near Lorain?

Understanding the cost of living near Lorain is key to truly evaluating a salary offer or your current compensation at Genfed Financial.

Lorain's Cost of Living Index is approximately 76.5 (23.5% less expensive than US average; 15.7% less than OH average). Lake Erie city, affordable. LCT. When planning your budget based on a salary from Genfed Financial, consider these typical monthly expenses:

Expense Category	Estimated Monthly Cost	Key Considerations / Notes
Housing (1-BR Apt Rent)	$650 - $1,000+	A significant portion of Genfed Financial salary. Location choices impact this heavily.
Utilities (Basic)	$150 - $250	Electricity, Heating, Cooling, Water etc.
Public Transportation	Limited local transit	Essential for most commuters; car ownership is costly.
Groceries (Single Person)	$350 - $520	Can be higher with more dining out or specialty stores.
Personal & Leisure	$280 - $530+	Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual)	$340 - $630+	Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes)	$1,800 - $2,930+	This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Genfed Financial

FAQ 1: How much does Genfed Financial in the United States pay?

Genfed Financial pays its employees an average of $40 per hour. The average salary at Genfed Financial range from $35 to $46 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.

FAQ 2: Do Genfed Financial employees get a higher salary than its peer company?

The salary at Genfed Financial is higher than its peer company. The average annual salary at Genfed Financial is $83,968, or an hourly wage of $40, in comparison to GALLO AND RUSSELL which pays $77,483 per year or $37 per hour.

FAQ 3: How much does salary increase with years of experience at Genfed Financial?

Salary progression with years of experience at Genfed Financial is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

FAQ 4: Do salaries at Genfed Financial vary by office location?

Yes, it's very likely that salaries at Genfed Financial vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Lorain section provides more context.

FAQ 5: Does Genfed Financial offer good benefits?

Genfed Financial typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Genfed Financial" section on this page.