Monticello Banking Co Salary

Monticello Banking Co Salary

How much does the Monticello Banking Co Pay for employees?

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As of August 2026, the average annual salary for employees at Monticello Banking Co in the United States is $87,643. This translates to an approximate hourly wage of $42. Salaries at Monticello Banking Co typically range from $76,827 to $99,417 annually, reflecting the diverse roles and experience levels within the company. Monticello Banking Co’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 Monticello Banking Co Pay for Different Roles?

Explore detailed salary information for specific jobs at Monticello Banking Co. 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 Monticello Banking Co

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

Is Monticello Banking Co’s Pay Competitive? Salary Benchmarking Analysis

How does Monticello Banking Co’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)
Monticello Banking Co
Financial Services
First Bank & Trust Company Of Oakland City Indiana
Oasis Capital Management LLC
Industry Comparison
Our data shows that, on average, compensation at Monticello Banking Co is below the average for the U.S. Financial Services industry by approximately 28%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Monticello Banking Co average annual salary with several similar companies. Monticello Banking Co average salary of $87,643 is lower than First Bank & Trust Company Of Oakland City Indiana, which has an average salary of $89,953. It is lower than Oasis Capital Management LLC, with their average salary at $99,183. This places Monticello Banking Co 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.

How Monticello Banking Co's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Monticello Banking Co

Considering a career at Monticello Banking Co? 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.
Open-door policies make leadership accessible. Workplace culture is respectful but can feel formal or impersonal. This culture of teaching benefits the whole organization. The focus on clients and ethics makes me proud to work here. Benefits, including retirement contributions and wellness programs, are comprehensive.
Commented in February 14, 2025
44
1
The workload is steady but may lack variety. The company invests heavily in employee development, offering extensive training programs and mentorship opportunities. A great workplace for professionals looking to grow. Processes are efficient, though rigid.
Commented in January 10, 2025
19
0
The firm’s size means access to global opportunities and top-tier clients. Continuous learning culture with many resources. Whether you’re in advisory, risk management, or technology, you’ll find challenging work and a team that supports your professional journey. This flexibility has improved my productivity and work-life harmony. The workload varies but generally remains manageable. Flexible sch...
Commented in May 21, 2024
33
3
With team members, there’s a strong sense of community, and leadership prioritizes transparency and growth. Managers follow protocol closely but rarely push boundaries. Mental health coverage is robust. I feel valued here and proud to contribute to innovative financial solutions that impact clients positively every day. It’s a dynamic place to grow, with ample opportunities for career advancement.
Commented in March 11, 2024
39
1

Monticello Banking Co Overview

Website
www.mbcbank.com
Founded In
1895
Employees
50 - 100 employees
Industry
Financial Services
Headquarter Address
310 N Cross St Albany Kentucky KY 42602
Revenue
$10 Million - $50 Million
Phone Number
+1 6063876611
Social Media
About Monticello Banking Co
Monticello Banking Company has been providing premiere financial products and exceptional customer service for over 125 years. From deposit products to loans to investments services...Whatever your banking needs, choose MBC!

What Benefits Does Monticello Banking Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Monticello Banking Co 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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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 Monticello Banking Co.
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 Monticello Banking Co, 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 Monticello Banking Co 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.

FAQs of Monticello Banking Co

1. How much does a Monticello Banking Co employee make?

Monticello Banking Co pays its employees an average of $87,643 per year. The average salary at Monticello Banking Co range from $76,827 to $99,417 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. Which similar company tend to pay more or less than Monticello Banking Co?

The salary at Monticello Banking Co is lesser than the similar company. The average annual salary at Monticello Banking Co is $87,643, or an hourly wage of $42, in comparison to First Bank & Trust Company Of Oakland City Indiana which pays $89,953 per year or $43 per hour.

3. How much does a Director, Marketing typically earn at Monticello Banking Co?

A Director, Marketing at Monticello Banking Co typically earns an average annual base salary of around $150,729, with a general range of $135,675 to $167,173.

4. Do employees with advanced degrees (Master's, PhD) earn more at Monticello Banking Co?

In many roles at Monticello Banking Co, 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.

5. How does the cost of living near Louisville affect the perceived value of a Monticello Banking Co salary?

Louisville's Cost of Living Index is approximately 87.8 (12.2% less expensive than US average; 5.5% less than KY average). This significantly impacts the purchasing power of a salary from Monticello Banking Co based there. Our "Cost of Living Insights for Louisville" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Monticello Banking Co typically offer employees?

Monticello Banking Co 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 Monticello Banking Co" section on this page.

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