Explore More About Keen Bank

Keen Bank Salary

How much does the Keen Bank Pay for employees?

Yearly Salary Hourly Rate Monthly Salary Weekly Salary

Current Job Openings at Keen Bank

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Is Keen Bank’s Pay Competitive? Salary Benchmarking Analysis

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

Peer Company & Industry Benchmarking

180k

150k

120k

90k

60k

30k

Average Salary ($/year)

Keen Bank

Financial Services

Banks Georgia

HCB Financial Corp

Industry Comparison

Our data shows that, on average, compensation at Keen Bank is below the average for the U.S. Financial Services industry by approximately 25%. This positioning suggests their pay is below the market average within their sector.

Peer Company Comparison

To provide a broader market perspective, we compared Keen Bank average annual salary with several similar companies. Keen Bank average salary of $90,955 is lower than Banks Georgia, which has an average salary of $106,018. It is lower than HCB Financial Corp, with their average salary at $92,938. This places Keen Bank in a developing 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.

How Keen Bank's Salaries Compare to Similar Companies?

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

Banks Georgia

$106,018 / year

Salary Range: $92,918 - $120,268

Minneapolis, MN

HCB Financial Corp

$92,938 / year

Salary Range: $81,473 - $105,416

Hastings, MI

Bank of Botetourt Buchanan VA

$88,983 / year

Salary Range: $78,009 - $100,929

Buchanan, VA

Farmers & Merchants Bank

$90,660 / year

Salary Range: $79,475 - $102,831

Moncks Corner, SC

The Bank of Swifton

$88,941 / year

Salary Range: $77,963 - $100,880

Newport, AR

Bank Branch & No

$115,944 / year

Salary Range: $101,633 - $131,499

New York, NY

Jonesboro Bank

$88,793 / year

Salary Range: $77,835 - $100,709

Marion, AR

Jonesboro Bank

$88,793 / year

Salary Range: $77,835 - $100,709

West Memphis, AR

First State Bank of Thompson Falls

$92,495 / year

Salary Range: $81,079 - $104,904

Thompson Falls, MT

Employee Reviews: Working at Keen Bank

Considering a career at Keen 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.

I’ve grown both personally and professionally here, and I highly recommend it to anyone seeking a rewarding career in finance. My manager has helped me develop a clear plan for advancement. The workplace offers steady pay and basic benefits, but work can be repetitive and procedural. Doing good while doing well is truly embodied here. Respectful culture and competitive pay.

Commented in April 03, 2025

Leadership is professional but can be distant. Meetings are functional, rarely creative. Training is comprehensive and it is somehow overwhelming. Continuous learning culture with many resources. It’s refreshing to work where leadership promotes trust, teamwork, and professional autonomy. There’s a well-designed infrastructure that keeps everyone aligned.

Commented in September 28, 2024

There’s a healthy culture of respect, learning, and accountability. The company has a clear structure and defined expectations. Tasks are well defined. Management is transparent, goals are realistic, and feedback is welcomed.

Commented in August 31, 2024

Feedback loops ensure messages are understood. Digital workflows have eliminated most paper processes. The work is steady with clear goals.

Commented in August 22, 2024

With employees, there’s a rich mix of backgrounds, perspectives, and ideas. It’s a dependable environment, though not particularly dynamic or socially engaging beyond core responsibilities. Opportunities to lead and innovate are abundant, and leadership remains open to feedback and improvement ideas. The finance industry can be stressful, but this company reduces that with smart workflows and empa...

Commented in February 06, 2024

Keen Bank Overview

Website

www.keen.bank

Founded In

1874

Employees

50 - 100 employees

Industry

Financial Services

Headquarter Address

101 State St N Waseca Minnesota MN 56093

Revenue

$10 Million - $50 Million

Phone Number

+1 5078352740

About Keen Bank

Keen Bank is a locally owned and managed bank that has been proudly serving southern Minnesota since 1874. At Keen Bank, helping our customers and communities thrive is our greatest joy and there truly is no place we would rather be. We take our responsibility of being a community bank very seriously. Whether its financing that first home purchase or supporting a business expansion, Keen Bank is c

What Benefits Does Keen Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. Keen 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)

Work at Keen Bank?

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How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

Get estimated pay range See more details

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 Keen 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 Keen 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 Keen 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 Keen Bank

1. How much does Keen Bank in the United States pay?

Keen Bank pays its employees an average of $90,955 per year. The average salary at Keen Bank range from $79,732 to $103,173 per year. 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 Keen Bank employees get a higher salary than its peer company?

The salary at Keen Bank is lesser than its peer company. The average annual salary at Keen Bank is $90,955, or an hourly wage of $44, in comparison to Banks Georgia which pays $106,018 per year or $51 per hour.

3. How much does salary increase with years of experience at Keen Bank?

Salary progression with years of experience at Keen Bank 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.

4. Do salaries at Keen Bank vary by office location?

Yes, it's very likely that salaries at Keen Bank 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 Minneapolis section provides more context.

5. Does Keen Bank offer good benefits?

Keen Bank 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 Keen Bank" section on this page.