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Massbank Corp Salary

How much does the Massbank Corp Pay for employees?

Yearly Salary Hourly Rate Monthly Salary Weekly Salary

Salary at Massbank Corp

Current Job Openings at Massbank Corp

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Is Massbank Corp’s Pay Competitive? Salary Benchmarking Analysis

How does Massbank Corp’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)

Massbank Corp

Financial Services

State Bank - Escanaba

The Trinity Holding Company of Glen Burnie, Maryland Inc

Industry Comparison

Our data shows that, on average, compensation at Massbank Corp is below the average for the U.S. Financial Services industry by approximately 13%. This positioning suggests their pay is below the market average within their sector.

Peer Company Comparison

To provide a broader market perspective, we compared Massbank Corp average annual salary with several similar companies. Massbank Corp average salary of $106,007 is higher than State Bank - Escanaba, which has an average salary of $90,249. It is higher than The Trinity Holding Company of Glen Burnie, Maryland Inc, with their average salary at $98,582. This places Massbank Corp 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.

How Massbank Corp's Salaries Compare to Similar Companies?

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

State Bank - Escanaba

$90,249 / year

Salary Range: $79,109 - $102,368

Escanaba, MI

The Trinity Holding Company of Glen Burnie, Maryland Inc

$98,582 / year

Salary Range: $86,412 - $111,842

Severna Park, MD

Bank Operation Center

$102,252 / year

Salary Range: $89,638 - $115,976

Saint Paul, MN

Regional Organ Bank of Ill

$101,303 / year

Salary Range: $88,804 - $114,903

Chicago, IL

Monticello Banking Co

$87,643 / year

Salary Range: $76,827 - $99,417

Albany, KY

Iowa First Bancshares Corp

$88,793 / year

Salary Range: $77,844 - $100,722

Muscatine, IA

LA Richland State Bank

$87,591 / year

Salary Range: $76,781 - $99,356

Bastrop, LA

First Bank of Missouri Inc

$93,234 / year

Salary Range: $81,730 - $105,746

Saint Joseph, MO

Farmers State Bank of Alto Pass

$88,730 / year

Salary Range: $77,789 - $100,648

Harrisburg, IL

Employee Reviews: Working at Massbank Corp

Considering a career at Massbank Corp? 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.

Managers trust employees to deliver regardless of location. This respect for employees’ personal lives is a significant and valued benefit. Most importantly, there’s a shared passion for delivering exceptional financial solutions ethically. Projects are well organized, though innovation isn’t a key focus. Institutional knowledge isn't siloed with individuals.

Commented in March 29, 2025

Culture is formal and sometimes rigid. Technology-driven company, providing advanced tools for efficiency. Leadership is professional but distant, limiting employee engagement. The chain of command is clear, but feedback loops are limited unless formally requested. This constructive mindset makes tough situations manageable. Advancement opportunities are present but limited in speed.

Commented in August 22, 2024

Teams function independently with minimal overlap. Excellent internal mobility and training. Cross-functional teams collaborate effectively on complex issues. Professional growth opportunities abound.

Commented in March 16, 2024

Massbank Corp Overview

Website

www.massbank.com

Founded In

1872

Employees

50 - 100 employees

Industry

Financial Services

Headquarter Address

123 Haven St Reading Massachusetts MA 01867

Revenue

$10 Million - $50 Million

Phone Number

+1 6179428192

About Massbank Corp

MASSBANK is a Massachusetts-chartered savings bank founded in 1872 as the Melrose Savings Bank. In 1983, the Reading Savings Bank was merged with and into the Melrose Savings Bank and the name of the resulting institution was changed to MASSBANK for Savings. In 1986, the Bank converted from mutual to stock form of ownership. In 1996, the name of the bank was changed from "MASSBANK for Savings" to

What Benefits Does Massbank Corp Offer Beyond Salary?

A competitive compensation package is more than just a salary. Massbank Corp 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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How Much Should You Be Earning?

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

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What Is the Cost of Living Near Boston?

Understanding the cost of living near Boston is key to truly evaluating a salary offer or your current compensation at Massbank Corp.

Boston's Cost of Living Index is approximately 153.2 (53.2% more expensive than US average; 15.5% more than MA average). Major historic US city, world-class universities/hospitals, extremely high housing costs, extensive MBTA transit. When planning your budget based on a salary from Massbank Corp, consider these typical monthly expenses:

Expense Category	Estimated Monthly Cost	Key Considerations / Notes
Housing (1-BR Apt Rent)	$2,500 - $3,800+	A significant portion of Massbank Corp salary. Location choices impact this heavily.
Utilities (Basic)	$180 - $290	Electricity, Heating, Cooling, Water etc.
Public Transportation	$90 (MBTA LinkPass monthly)	Essential for most commuters; car ownership is costly.
Groceries (Single Person)	$500 - $750	Can be higher with more dining out or specialty stores.
Personal & Leisure	$550 - $1,000+	Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual)	$450 - $850+	Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes)	$4,270 - $6,690+	This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Massbank Corp

1. How much does Massbank Corp in the United States pay?

Massbank Corp pays its employees an average of $106,007 per year. The average salary at Massbank Corp range from $92,927 to $120,244 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 Massbank Corp employees get a higher salary than its peer company?

The salary at Massbank Corp is higher than its peer company. The average annual salary at Massbank Corp is $106,007, or an hourly wage of $51, in comparison to State Bank - Escanaba which pays $90,249 per year or $43 per hour.

3. How much does salary increase with years of experience at Massbank Corp?

Salary progression with years of experience at Massbank Corp 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 Massbank Corp vary by office location?

Yes, it's very likely that salaries at Massbank Corp 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 Boston section provides more context.

5. Does Massbank Corp offer good benefits?

Massbank Corp 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 Massbank Corp" section on this page.