MidWestOne Bank Salary

How much does the MidWestOne Bank Pay for employees?

As of August 2026, the average annual salary for employees at MidWestOne Bank in the United States is $98,782. This translates to an approximate hourly wage of $47. Salaries at MidWestOne Bank typically range from $86,513 to $112,184 annually, reflecting the diverse roles and experience levels within the company. MidWestOne 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 MidWestOne Bank Pay for Different Roles?

Explore detailed salary information for specific jobs at MidWestOne Bank. 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.
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 MidWestOne Bank

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

Is MidWestOne Bank’s Pay Competitive? Salary Benchmarking Analysis

How does MidWestOne 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
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Average Salary ($/year)
MidWestOne Bank
Financial Services
Btw Class of 1971 Houston Chapter Inc
Hanmi Financial Corp
Industry Comparison
Our data shows that, on average, compensation at MidWestOne Bank is below the average for the U.S. Financial Services industry by approximately 19%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared MidWestOne Bank average annual salary with several similar companies. MidWestOne Bank average salary of $98,782 is lower than Btw Class of 1971 Houston Chapter Inc, which has an average salary of $110,174. It is lower than Hanmi Financial Corp, with their average salary at $123,401. This places MidWestOne 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.

Employee Reviews: Working at MidWestOne Bank

Considering a career at MidWestOne 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.
Technology investments make our jobs easier and more efficient. The environment is professional and structured. I appreciate the focus on continuous improvement. My team delivers with consistency, and leadership is always willing to coach.
Mentorship happens organically across levels. Employees are expected to follow procedures closely, and there isn’t much deviation from set protocols. Leadership consistently communicates expectations and strategy. The leadership team is remarkably transparent about company performance, strategic direction, and industry challenges. There is minimal team bonding, and innovation is often viewed as a ...
Internal transfers are possible but usually take time to approve and implement. The work-life balance is respected, and the company encourages innovation. It's fulfilling to know our work genuinely helps people achieve their financial objectives.

MidWestOne Bank Overview

Website
www.midwestone.bank
Founded In
2013
Employees
500 - 1,000 employees
Industry
Financial Services
Headquarter Address
120 W Center St Conrad Iowa IA 50621
Revenue
$200 Million - $500 Million
Phone Number
+1 8002474418
Social Media
About MidWestOne Bank
MidWestOne Financial Group, founded in 1934, is a financial holding company headquartered in Iowa City, Iowa. MidWestOne Financial is the parent company of MidWestOne Bank, which operates in Iowa, Minnesota, Wisconsin, Florida, and Colorado.

What Benefits Does MidWestOne Bank Offer Beyond Salary?

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

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What Is the Cost of Living Near Des Moines?

Understanding the cost of living near Des Moines is key to truly evaluating a salary offer or your current compensation at MidWestOne Bank.
Des Moines' Cost of Living Index is approximately 80.8 (19.2% less expensive than US average; 10.1% less than IA average). State capital, affordable housing, growing. DART bus. When planning your budget based on a salary from MidWestOne Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $850 - $1,300+ A significant portion of MidWestOne Bank salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $48 (DART monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $600+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $650+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,078 - $3,328+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of MidWestOne Bank

1. What is the typical salary range (low to high) for most roles at MidWestOne Bank?

The typical annual salary range for most roles at MidWestOne Bank is approximately from $86,513 to $112,184. 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. How much does MidWestOne Bank pay compared to Btw Class of 1971 Houston Chapter Inc?

The average annual salary at MidWestOne Bank is $98,782, or an hourly wage of $47, in comparison to Btw Class of 1971 Houston Chapter Inc which pays $110,174 per year or $53 per hour.

3. Do salaries differ significantly between departments at MidWestOne Bank?

Yes, salaries often differ between departments at MidWestOne Bank due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at MidWestOne Bank?

Experience level is a significant factor in determining salary at MidWestOne 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.

5. How can I determine if a salary offer from MidWestOne Bank in Des Moines is fair given the local cost of living?

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

6. What are the key factors that influence salary levels at MidWestOne Bank?

Several key factors influence salary levels at MidWestOne Bank. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: MidWestOne Bank likely benchmarks its salaries against other companies in the Financial Services sector. You can explore how these factors play out in our detailed salary data.