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Magnolia Bank Salary

Magnolia Bank Salary

How Much Does Magnolia Bank Pay for employees?

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As of August 2026, the average annual salary for employees at Magnolia Bank in the United States is $83,584. This translates to an approximate hourly wage of $40. Salaries at Magnolia Bank typically range from $73,284 to $94,889 annually, reflecting the diverse roles and experience levels within the company. Magnolia 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.

How Much Does Magnolia Bank 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

$34,932 / year

Salary Range: $31,525 - $38,948

Security Services

Contact Center Agent

$86,351 / year

Salary Range: $75,884 - $100,095

Sales

Fraud and Security Specialist

$91,520 / year

Salary Range: $78,966 - $105,937

Security Services

Digital Support Agent

$69,758 / year

Salary Range: $61,896 - $78,750

Construction

Business Anaylst

$136,585 / year

Salary Range: $115,388 - $156,730

Library

Digital Banking Agent

$69,758 / year

Salary Range: $61,896 - $78,750

Construction

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.

Turn Insight into Opportunity: Current Job Openings

Ready for your next career move? Explore current job openings at Magnolia Bank.
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About Magnolia Bank: Company Profile

Website
www.magnoliabank.com
Founded In
1919
Employees
100 - 200 employees
Industry
Financial Services
Headquarter Location
HODGENVILLE
Revenue
$50 Million - $200 Million
Phone Number
-
Social Media
About MAGNOLIA BANK
Magnolia Bank is a banking company based out of P.O. Box 188, Hodgenville, Kentucky, United States.

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

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Magnolia Bank's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
Micromanagement is rare, allowing for independent work and fostering a sense of personal responsibility. Joining this financial services company was a career-defining move. The company culture actively promotes inclusivity and celebrates diverse perspectives, making it a welcoming place for everyone. There’s recognition for hard work and space to innovate.
Commented in May 03, 2025
21
3
Total rewards packages are competitive within our sector. Hiring practices promote equal opportunity. Flexible scheduling supports personal commitments, helping maintain balance. Senior staff make time for junior colleagues. Supportive work culture and tools. The company favors proven processes over new ideas. Resources for client service are outstanding, from research tools to analytics platforms...
Commented in February 12, 2025
25
3
We help clients navigate complex financial landscapes, making a real difference in their lives and futures. Spot bonuses reward exceptional work. Cybersecurity training keeps us all vigilant. The company has great internal mobility.
Commented in November 24, 2024
39
1
I've gained valuable industry insights here. Management values employee contributions and regularly shares company updates. Managers share context behind decisions.
Commented in November 05, 2024
8
2
Leadership training prepares high-potential employees for management roles. The environment is fast-paced, but the support system keeps stress manageable. Expectations are clearly communicated. Internal mobility is real, and continuous improvement is encouraged. It's the perfect balance of tradition and progress.
Commented in February 08, 2024
37
3

How Magnolia Bank's Salaries Compare to Similar Companies?

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

Is Magnolia Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Magnolia Bank’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
0
Average Salary ($/year)
Magnolia Bank
Financial Services
MORTON COMMUNITY BANK
METCALF BANK
Industry Comparison
Our data shows that, on average, compensation at Magnolia Bank 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 Magnolia Bank average annual salary with several similar companies. Magnolia Bank average salary of $83,584 is lower than MORTON COMMUNITY BANK, which has an average salary of $86,258. It is lower than METCALF BANK, with their average salary at $87,672. This places Magnolia 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.

What Is the Cost of Living Near Louisville?

Understanding the cost of living near Louisville is key to truly evaluating a salary offer or your current compensation at Magnolia Bank.
Louisville's Cost of Living Index is approximately 87.8 (12.2% less expensive than US average; 5.5% less than KY average). Largest KY city, Kentucky Derby, affordable housing. TARC bus. When planning your budget based on a salary from Magnolia Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $900 - $1,400+ A significant portion of Magnolia Bank salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $50 (TARC 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 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,180 - $3,500+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Magnolia Bank

FAQ 1: What is the typical salary range (low to high) for most roles at Magnolia Bank?
The typical annual salary range for most roles at Magnolia Bank is approximately from $73,284 to $94,889. 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: How much does Magnolia Bank pay compared to MORTON COMMUNITY BANK?
The average annual salary at Magnolia Bank is $83,584, or an hourly wage of $40, in comparison to MORTON COMMUNITY BANK which pays $86,258 per year or $41 per hour.
FAQ 3: How does experience level affect salary at Magnolia Bank?
Experience level is a significant factor in determining salary at Magnolia Bank, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.
FAQ 4: How can I determine if a salary offer from Magnolia Bank in Louisville is fair given the local cost of living?
To determine if a salary offer from Magnolia Bank in Louisville is fair, first compare the gross salary to our data for similar roles at Magnolia Bank and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Louisville" to understand its purchasing power.
FAQ 5: What factors influence salary increases at Magnolia Bank?
Salary increases at Magnolia Bank are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.

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