Summit Bancshares Salary

Summit Bancshares Salary

How much does the Summit Bancshares Pay for employees?

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As of August 2026, the average hourly salary for employees at Summit Bancshares in the United States is $53. This translates to an approximate annual wage of $111,271. Salaries at Summit Bancshares typically range from $47 to $61 hourly, reflecting the diverse roles and experience levels within the company. Summit Bancshares’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.

How Much Does Summit Bancshares Pay for Different Roles?

Explore detailed salary information for specific jobs at Summit Bancshares. 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.
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 Summit Bancshares

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

Is Summit Bancshares’s Pay Competitive? Salary Benchmarking Analysis

How does Summit Bancshares’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
180k
150k
120k
90k
60k
30k
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Average Salary ($/year)
Summit Bancshares
Financial Services
508 Holding LLC
Cit Bank
Industry Comparison
Our data shows that, on average, compensation at Summit Bancshares is below the average for the U.S. Financial Services industry by approximately 8%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Summit Bancshares average annual salary with several similar companies. Summit Bancshares average salary of $111,271 is higher than 508 Holding LLC, which has an average salary of $99,214. It is higher than Cit Bank, with their average salary at $107,241. This places Summit Bancshares in a competitive 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.

Companies Similar to Summit Bancshares and Their Hourly Pay Rates

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

Employee Reviews: Working at Summit Bancshares

Considering a career at Summit Bancshares? 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.
A place that rewards initiative and loyalty. Privacy isn't sacrificed for convenience. Overall, it suits those who prefer predictability and stability. Reliable technology stacks make our jobs easier.
Commented in May 10, 2025
39
1
There’s a focus on doing things the traditional way. Local partnerships create real impact. The financial solutions we offer are impactful and relevant. Town halls include Q&A time. The ethical culture is palpable - compliance and transparency aren't just checkboxes but core values.
Commented in December 25, 2024
25
1
Communication tends to be top-down, with little room for grassroots innovation. Performance is expected but rarely celebrated in meaningful ways. This company has a clear commitment to employee well-being and professional growth. It’s a stable environment for those who prefer clear rules and steady routines rather than rapid change or innovation. Regulatory changes are communicated clearly. Strate...
Commented in July 10, 2024
30
2
I feel empowered to bring ideas forward. Doing good while doing well is truly embodied here. This provides job security and confidence in our future success. Dynamic workplace with constant learning.
Commented in March 11, 2024
36
1

Summit Bancshares Overview

Website
www.summitbanking.com
Founded In
1981
Employees
25 - 50 employees
Industry
Financial Services
Headquarter Address
2969 Broadway Oakland California CA 94611
Revenue
$10 Million - $50 Million
Phone Number
+1 5108398800
Social Media
About Summit Bancshares
Summit Bank provides banking & financial services such as checking accounts, savings accounts, and loans. They are based in Oakland, California.

What Benefits Does Summit Bancshares Offer Beyond Salary?

A competitive compensation package is more than just a salary. Summit Bancshares 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 Oakland?

Understanding the cost of living near Oakland is key to truly evaluating a salary offer or your current compensation at Summit Bancshares.
Oakland's Cost of Living Index is approximately 174.4 (74.4% more expensive than US average; 24.7% more than CA average). Major Bay Area city, extremely high housing costs, significant gentrification, high overall expenses. BART hub. When planning your budget based on a salary from Summit Bancshares, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,400 - $3,500+ A significant portion of Summit Bancshares salary. Location choices impact this heavily.
Utilities (Basic) $190 - $300 Electricity, Heating, Cooling, Water etc.
Public Transportation $90 (AC Transit/BART varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $490 - $730 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $900+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $420 - $790+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,090 - $6,220+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Summit Bancshares

1. How much does Summit Bancshares in the United States pay?

Summit Bancshares pays its employees an average of $53 per hour. The average salary at Summit Bancshares range from $47 to $61 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. Do Summit Bancshares employees get a higher salary than its peer company?

The salary at Summit Bancshares is higher than its peer company. The average annual salary at Summit Bancshares is $111,271, or an hourly wage of $53, in comparison to 508 Holding LLC which pays $99,214 per year or $48 per hour.

3. What are the highest paying jobs at Summit Bancshares?

The higher-paying job at Summit Bancshares, according to our data, include President & Chief Operating Officer (avg. $242 per hour), Vice President Operations Administrator (avg. $142 per hour), and Manager, Human Resources (avg. $59 per hour). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Summit Bancshares?

Salary progression with years of experience at Summit Bancshares 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.

5. Do salaries at Summit Bancshares vary by office location?

Yes, it's very likely that salaries at Summit Bancshares 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 Oakland section provides more context.

6. Does Summit Bancshares offer good benefits?

Summit Bancshares 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 Summit Bancshares" section on this page.

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