Melrose Bancorp, Inc. Salary

Melrose Bancorp, Inc. Salary

How Much Does Melrose Bancorp, Inc. Pay for employees?

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As of May 2026, the average annual salary for employees at Melrose Bancorp, Inc. in the United States is $94,758. This translates to an approximate hourly wage of $46. Salaries at Melrose Bancorp, Inc. typically range from $83,095 to $107,554 annually, reflecting the diverse roles and experience levels within the company. Melrose Bancorp, Inc.’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 Melrose Bancorp, Inc. 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 Melrose Bancorp, Inc..
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About Melrose Bancorp, Inc.: Company Profile

Website
www.melrosecoop.com
Founded In
2014
Employees
25 - 50 employees
Industry
Financial Services
Headquarter Location
MELROSE
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media

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

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Melrose Bancorp, Inc.'s culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
Financial services here are approached with integrity and innovation. Everything works as intended, but the culture is formal, and personal expression is fairly limited in daily work. There’s a healthy culture of respect, learning, and accountability. Leaders explain the why behind shifts. It's a place where ambitious individuals can truly thrive and build impactful careers.
Commented in April 23, 2025
15
1
Regulatory changes are communicated clearly. Managers regularly check in about capacity and redistribute work when needed. Excellent opportunities for career advancement and skill development. Overall, it’s a stable and rewarding financial services firm. It’s a suitable environment for individuals who appreciate clear roles and minimal unpredictability.
Commented in April 21, 2025
12
1
Colleagues are competent and professional. Growth opportunities abound within the company. Innovative tools and technology support daily tasks efficiently. The company supports career mobility and fosters a growth mindset. Employee safety comes first. Strong emphasis on process and accuracy.
Commented in November 06, 2024
8
3
Coworker relationships vary, and most communication happens through email. Positive, motivating culture boosts productivity daily. This positive approach reduces stress during tough situations.
Commented in February 15, 2024
16
3

How Melrose Bancorp, Inc.'s Salaries Compare to Similar Companies?

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

Is Melrose Bancorp, Inc.’s Pay Competitive? Salary Benchmarking Analysis

How does Melrose Bancorp, Inc.’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
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Average Salary ($/year)
Melrose Bancorp, Inc.
Financial Services
MERCHANTS BANK BANGOR
MARION CENTER BANK
Industry Comparison
Our data shows that, on average, compensation at Melrose Bancorp, Inc. is below the average for the U.S. Financial Services industry by approximately 22%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Melrose Bancorp, Inc. average annual salary with several similar companies. Melrose Bancorp, Inc. average salary of $94,758 is higher than MERCHANTS BANK BANGOR, which has an average salary of $88,472. It is higher than MARION CENTER BANK, with their average salary at $77,350. This places Melrose Bancorp, Inc. 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.

What Is the Cost of Living Near Malden?

Understanding the cost of living near Malden is key to truly evaluating a salary offer or your current compensation at Melrose Bancorp, Inc..
Malden's Cost of Living Index is approximately 140.5 (40.5% more expensive than US average; 6.0% more than MA average). Inner Boston suburb, MBTA Orange Line, high housing costs. When planning your budget based on a salary from Melrose Bancorp, Inc., consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,000 - $2,800+ A significant portion of Melrose Bancorp, Inc. salary. Location choices impact this heavily.
Utilities (Basic) $160 - $270 Electricity, Heating, Cooling, Water etc.
Public Transportation $90 (MBTA LinkPass monthly) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $470 - $690 Can be higher with more dining out or specialty stores.
Personal & Leisure $430 - $780+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $410 - $770+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,560 - $5,310+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Melrose Bancorp, Inc.

FAQ 1: What is the typical salary range (low to high) for most roles at Melrose Bancorp, Inc.?
The typical annual salary range for most roles at Melrose Bancorp, Inc. is approximately from $83,095 to $107,554. 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 Melrose Bancorp, Inc. pay compared to MERCHANTS BANK BANGOR?
The average annual salary at Melrose Bancorp, Inc. is $94,758, or an hourly wage of $46, in comparison to MERCHANTS BANK BANGOR which pays $88,472 per year or $43 per hour.
FAQ 3: How does experience level affect salary at Melrose Bancorp, Inc.?
Experience level is a significant factor in determining salary at Melrose Bancorp, Inc., 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 Melrose Bancorp, Inc. in Malden is fair given the local cost of living?
To determine if a salary offer from Melrose Bancorp, Inc. in Malden is fair, first compare the gross salary to our data for similar roles at Melrose Bancorp, Inc. and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Malden" to understand its purchasing power.
FAQ 5: Are the salaries listed for Melrose Bancorp, Inc. on Salary.com pre-tax or after-tax?
All salary figures displayed for Melrose Bancorp, Inc., including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.

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