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Universal Savings Bank Salary

Universal Savings Bank Salary

How much does the Universal Savings Bank Pay for employees?

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As of August 2026, the average hourly salary for employees at Universal Savings Bank in the United States is $48. This translates to an approximate annual wage of $99,446. Salaries at Universal Savings Bank typically range from $42 to $54 hourly, reflecting the diverse roles and experience levels within the company. Universal Savings 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 Universal Savings Bank

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

Is Universal Savings Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Universal Savings 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)
Universal Savings Bank
Financial Services
First Southeast Bank
Jefferson Parish Employees Fcu
Industry Comparison
Our data shows that, on average, compensation at Universal Savings Bank is below the average for the U.S. Financial Services industry by approximately 18%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Universal Savings Bank average annual salary with several similar companies. Universal Savings Bank average salary of $99,446 is higher than First Southeast Bank, which has an average salary of $85,924. It is higher than Jefferson Parish Employees Fcu, with their average salary at $93,297. This places Universal Savings Bank in a competitive position among its peers.
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Companies Similar to Universal Savings Bank and Their Hourly Pay Rates

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

Employee Reviews: Working at Universal Savings Bank

Considering a career at Universal Savings 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.
It’s a suitable environment for individuals who appreciate clear roles and minimal unpredictability. Collaboration across teams fosters knowledge sharing and professional development. There's a strong ethical foundation, and our financial services truly make a difference. The pace is fast, but the company ensures you’re not overwhelmed.
Commented in May 18, 2025
49
3
The work can become repetitive, with few opportunities for innovation. The pace of work is moderate, with occasional stressful periods. The company provides stable employment and standard benefits, but workloads can be demanding, especially during peak periods. Working at this financial services firm has been an exceptional experience. Quiet spaces are available for focused work. High standards an...
Commented in March 03, 2025
18
2
The culture emphasizes teamwork and open communication, making collaboration enjoyable. The leadership team communicates well and provides growth opportunities. The focus is on business needs rather than penny-pinching. Leadership listens to employee feedback and takes action to improve culture and processes.
Commented in January 25, 2025
9
1
Open communication is a hallmark. Career development is prioritized at all levels, with many leaders having grown internally. Everyone here holds themselves to a high standard.
Commented in September 04, 2024
38
1
A truly inclusive workplace where diversity is celebrated. Ethical investing principles guide decisions. The culture favors maintaining existing processes over innovation. The company provides reliable employment with comprehensive benefits, but the work environment can feel bureaucratic. Management recognizes and rewards effort.
Commented in February 19, 2024
44
1

Universal Savings Bank Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
25 - 50 employees
Industry
Financial Services
Headquarter Address
600 Hwy 169 S Minneapolis Minnesota MN 55426
Revenue
$10 Million - $50 Million
Phone Number
+1 6122080254
Social Media
About Universal Savings Bank
Universal Savings 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 Minneapolis, Minnesota.

What Benefits Does Universal Savings Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. Universal Savings 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 Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Universal Savings Bank.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Universal Savings Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Universal Savings Bank salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Universal Savings Bank

1. What is the estimated average total compensation at Universal Savings Bank?

Salary.com estimates that the average total compensation package at Universal Savings Bank, which can include base salary, potential bonuses, and benefits, is around $48 per hour . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Universal Savings Bank pay compared to First Southeast Bank?

The average annual salary at Universal Savings Bank is $99,446, or an hourly wage of $48, in comparison to First Southeast Bank which pays $85,924 per year or $41 per hour.

3. What's the typical salary progression for an employee moving from an entry-level to a senior role at Universal Savings Bank?

Salary progression from an entry-level to a senior role at Universal Savings Bank can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

4. How can I determine if a salary offer from Universal Savings Bank in Minneapolis is fair given the local cost of living?

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

5. Are promotions at Universal Savings Bank usually accompanied by a significant salary increase?

Yes, promotions at Universal Savings Bank are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.

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