River Valley Bancorp Salary

River Valley Bancorp Salary

How much does the River Valley Bancorp Pay for employees?

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As of August 2026, the average hourly salary for employees at River Valley Bancorp in the United States is $43. This translates to an approximate annual wage of $89,690. Salaries at River Valley Bancorp typically range from $38 to $49 hourly, reflecting the diverse roles and experience levels within the company. River Valley Bancorp’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 River Valley Bancorp

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Is River Valley Bancorp’s Pay Competitive? Salary Benchmarking Analysis

How does River Valley Bancorp’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)
River Valley Bancorp
Financial Services
Shore Bank
Oregon Pacific Bancorp
Industry Comparison
Our data shows that, on average, compensation at River Valley Bancorp 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 River Valley Bancorp average annual salary with several similar companies. River Valley Bancorp average salary of $89,690 is lower than Shore Bank, which has an average salary of $92,168. It is lower than Oregon Pacific Bancorp, with their average salary at $94,120. This places River Valley Bancorp in a developing position among its peers.
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Companies Similar to River Valley Bancorp and Their Hourly Pay Rates

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

Employee Reviews: Working at River Valley Bancorp

Considering a career at River Valley Bancorp? 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.
This commitment ensures that our services not only achieve financial goals but also align with the highest ethical principles. The financial tools we develop are industry-leading. I enjoy the collaborative atmosphere and feel supported in pursuing growth and advancement opportunities within the company. From certification programs to sponsored conferences, I’ve had so many chances to learn.
Commented in April 28, 2025
12
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Career progression exists with fewer rapid advancement opportunities. Teams are staffed appropriately to handle our client load without constant stress. Clients rely on our expertise, and employees take pride in delivering results. It’s rare to find a company that balances ambition with such a positive workplace culture. Workload is manageable, yet some roles lack challenge. The job is consistent...
Commented in February 01, 2025
25
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Job expectations are transparent, and tools are adequate for the work. Management is reliable but rarely involved in day-to-day decisions. What impresses me most is the culture of mutual respect and continuous learning. There’s recognition for hard work and space to innovate. This financial firm stays ahead of the curve with state-of-the-art technology.
Commented in May 07, 2024
42
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The process feels designed to help employees succeed. The workload varies but generally remains manageable. Benefits are robust, covering healthcare, wellness, and retirement plans. Management is fair and consistent.
Commented in January 08, 2024
48
1

River Valley Bancorp Overview

Website
www.rvfbank.com
Founded In
1875
Employees
100 - 200 employees
Industry
Financial Services
Headquarter Address
430 Clifty Dr Madison Indiana IN 47250
Revenue
$10 Million - $50 Million
Phone Number
+1 8122734949
Social Media
About River Valley Bancorp
Today, RVFB operates four full service branches and one drive thru facility in Jefferson County, IN; two full service branches in Clark County at the intersection of State Road 62 and 3 in Charlestown, IN, and on Highway 311 in Sellersburg, IN; and another full service branch in Carrollton, KY located at the intersection of State Road 227 and US 42. Our newest branch is located in Floyds Knobs, IN

What Benefits Does River Valley Bancorp Offer Beyond Salary?

A competitive compensation package is more than just a salary. River Valley Bancorp 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 Indianapolis?

Understanding the cost of living near Indianapolis is key to truly evaluating a salary offer or your current compensation at River Valley Bancorp.
Indianapolis' Cost of Living Index is approximately 83.5 (16.5% less expensive than US average; 7.8% less than IN average). State capital, affordable housing, growing downtown. IndyGo bus. When planning your budget based on a salary from River Valley Bancorp, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $950 - $1,400+ A significant portion of River Valley Bancorp salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (IndyGo monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $670+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,240 - $3,510+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of River Valley Bancorp

1. How much does a River Valley Bancorp employee make?

River Valley Bancorp pays its employees an average of $43 per hour. The average salary at River Valley Bancorp range 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. Which similar company tend to pay more or less than River Valley Bancorp?

The salary at River Valley Bancorp is lesser than the similar company. The average annual salary at River Valley Bancorp is $89,690, or an hourly wage of $43, in comparison to Shore Bank which pays $92,168 per year or $44 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at River Valley Bancorp?

In many roles at River Valley Bancorp, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

4. How does the cost of living near Indianapolis affect the perceived value of a River Valley Bancorp salary?

Indianapolis' Cost of Living Index is approximately 83.5 (16.5% less expensive than US average; 7.8% less than IN average). This significantly impacts the purchasing power of a salary from River Valley Bancorp based there. Our "Cost of Living Insights for Indianapolis" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does River Valley Bancorp typically offer employees?

River Valley Bancorp generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at River Valley Bancorp" section on this page.

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