Midwestone Salary

How Much Does Midwestone Pay for employees?

As of October 2026, the average annual salary for employees at Midwestone in the United States is $90,980. This translates to an approximate hourly wage of $44. Salaries at Midwestone typically range from $79,765 to $103,301 annually, reflecting the diverse roles and experience levels within the company. Midwestone’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 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 Midwestone.
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About Midwestone: Company Profile

Website
www.midwestone.bank
Founded In
1934
Employees
500 - 1,000 employees
Industry
Financial Services
Headquarter Location
IOWA CITY
Revenue
$200 Million - $500 Million
Phone Number
-
Social Media
About MIDWESTONE
MidWestOne is a financial institution that provides commercial and personal banking products and services for individuals and businesses.

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

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Midwestone's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
Teams work seamlessly across departments to solve complex problems. There’s recognition for hard work and space to innovate. There isn’t much excitement, but the work gets done without many surprises or complications. Benefits are okay, and it is somehow particularly competitive.
Employees across multiple regions—the firm fosters a close-knit culture. This prevents burnout while maintaining high standards. The benefits are attractive, offering healthcare, wellness, and retirement options. There’s a solid framework for achieving goals, and support is always available.
Departmental silos are minimal - we function as one cohesive organization. I feel part of something bigger. Leadership is communicative and values employee contributions. The evaluation process feels designed to help me succeed. The company's commitment extends beyond the workplace through community partnerships. Leadership communicates a clear vision, ensuring everyone is aligned with company goa...
stands out for its strong emphasis on corporate social responsibility and sustainability. Client satisfaction and employee support prioritized. There’s a strong team dynamic that drives results without sacrificing morale. Professional development is taken seriously. Diversity and inclusion are more than buzzwords at this financial services leader.
It’s not a bad setup, just not particularly collaborative or engaging. The company encourages continuous learning and values employee feedback. Benefits are robust, with excellent healthcare, retirement plans, and wellness initiatives. Expectations are clearly communicated during onboarding. I’ve had exposure to areas like compliance, data analytics, and operations thanks to a strong rotation syst...

Is Midwestone’s Pay Competitive? Salary Benchmarking Analysis

How does Midwestone’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
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Average Salary ($/year)
Midwestone
Financial Services
MIDWESTONE BANK - SBA LOAN OFFICE
MID WEST ONE BANK
Industry Comparison
Our data shows that, on average, compensation at Midwestone 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 Midwestone average annual salary with several similar companies. Midwestone average salary of $90,980 is lower than MIDWESTONE BANK - SBA LOAN OFFICE, which has an average salary of $101,601. It is lower than MID WEST ONE BANK, with their average salary at $91,976. This places Midwestone 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 Iowa City?

Understanding the cost of living near Iowa City is key to truly evaluating a salary offer or your current compensation at Midwestone.
Iowa City's Cost of Living Index is approximately 94.7 (5.3% less expensive than US average; 5.3% more than IA average). Home to University of Iowa, housing more expensive than typical IA due to university. IC Transit, Cambus (free UofI). When planning your budget based on a salary from Midwestone, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $950 - $1,500+ A significant portion of Midwestone salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $30 (IC Transit 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) $2,200 - $3,590+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Midwestone

FAQ 1: How much does a Midwestone employee make?
Midwestone pays its employees an average of $90,980 per year. The average salary at Midwestone range from $79,765 to $103,301 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.
FAQ 2: Which similar company tend to pay more or less than Midwestone?
The salary at Midwestone is lesser than the similar company. The average annual salary at Midwestone is $90,980, or an hourly wage of $44, in comparison to MIDWESTONE BANK - SBA LOAN OFFICE which pays $101,601 per year or $49 per hour.
FAQ 3: Do employees with advanced degrees (Master's, PhD) earn more at Midwestone?
In many roles at Midwestone, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.
FAQ 4: How does the cost of living near Iowa City affect the perceived value of a Midwestone salary?
Iowa City's Cost of Living Index is approximately 94.7 (5.3% less expensive than US average; 5.3% more than IA average). This significantly impacts the purchasing power of a salary from Midwestone based there. Our "Cost of Living Insights for Iowa City" module details this impact, helping you assess the 'real feel' value of your compensation.
FAQ 5: What kind of benefits does Midwestone typically offer employees?
Midwestone generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Midwestone" section on this page.