Nantucket Bank Salary

Nantucket Bank Salary

How much does the Nantucket Bank Pay for employees?

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As of August 2026, the average annual salary for employees at Nantucket Bank in the United States is $95,818. This translates to an approximate hourly wage of $46. Salaries at Nantucket Bank typically range from $84,020 to $108,623 annually, reflecting the diverse roles and experience levels within the company. Nantucket 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.
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Current Job Openings at Nantucket Bank

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

Is Nantucket Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Nantucket 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)
Nantucket Bank
Financial Services
Charly.io
THE FUND FOR AMERICA'S FUTURE Inc
Industry Comparison
Our data shows that, on average, compensation at Nantucket Bank is below the average for the U.S. Financial Services industry by approximately 21%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Nantucket Bank average annual salary with several similar companies. Nantucket Bank average salary of $95,818 is lower than Charly.io, which has an average salary of $108,486. It is higher than THE FUND FOR AMERICA'S FUTURE Inc, with their average salary at $89,879. This places Nantucket Bank in a mid-range 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 Nantucket Bank's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Nantucket Bank

Considering a career at Nantucket 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.
My team collaborates exceptionally well. My experience has been nothing short of positive. Knowledge sharing happens naturally. Even as the company scales, it retains that sense of teamwork and mission. Great place for financial professionals.
Commented in May 31, 2025
26
2
I’ve learned a lot and felt supported the whole time. Facilities teams keep everything running smoothly. I greatly appreciateIn a rapidly evolving industry, they actively invest in cutting-edge platforms, data analytics, and AI to enhance client services and operational efficiency. Responsibilities are well-outlined, and operations are efficient. Fantastic culture! Management truly values employee...
Commented in January 13, 2025
27
3
Client satisfaction and employee support prioritized. Training programs exist but are inconsistent. Sick time can be used for mental health.
Commented in March 04, 2024
35
3

Nantucket Bank Overview

Website
www.nantucketbank.com
Founded In
Data pending, update soon.
Employees
25 - 50 employees
Industry
Financial Services
Headquarter Address
2 Orange St Nantucket Massachusetts MA 02554
Revenue
$5 Million - $10 Million
Phone Number
+1 5088251110
Social Media
About Nantucket Bank
Nantucket Bank has been serving residents of the Island for over 175 years and provides full service consumer and commercial banking through our 3 Nantucket branches, 8 Blue Hills Bank branches and online and mobile channels. The Bank offers commercial and industrial loans and commercial real estate loans in addition to commercial checking and savings accounts. We have a full suite of consumer ban

What Benefits Does Nantucket Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. Nantucket 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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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 Nantucket Bank.
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 Nantucket Bank, 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 Nantucket Bank 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 Nantucket Bank

1. How much does a Nantucket Bank employee make?

Nantucket Bank pays its employees an average of $95,818 per year. The average salary at Nantucket Bank range from $84,020 to $108,623 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 Nantucket Bank?

The salary at Nantucket Bank is lesser than the similar company. The average annual salary at Nantucket Bank is $95,818, or an hourly wage of $46, in comparison to Charly.io which pays $108,486 per year or $52 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Nantucket Bank?

In many roles at Nantucket Bank, 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.

4. How does the cost of living near Boston affect the perceived value of a Nantucket Bank salary?

Boston's Cost of Living Index is approximately 153.2 (53.2% more expensive than US average; 15.5% more than MA average). This significantly impacts the purchasing power of a salary from Nantucket Bank based there. Our "Cost of Living Insights for Boston" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Nantucket Bank typically offer employees?

Nantucket Bank 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 Nantucket Bank" section on this page.

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