Old Dominion Trust Co Salary

How much does the Old Dominion Trust Co Pay for employees?

As of August 2026, the average annual salary for employees at Old Dominion Trust Co in the United States is $92,759. This translates to an approximate hourly wage of $45. Salaries at Old Dominion Trust Co typically range from $81,299 to $105,233 annually, reflecting the diverse roles and experience levels within the company. Old Dominion Trust 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.
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Current Job Openings at Old Dominion Trust Co

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Is Old Dominion Trust Co’s Pay Competitive? Salary Benchmarking Analysis

How does Old Dominion Trust 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)
Old Dominion Trust Co
Financial Services
Wealth Matrix Financial
Nhs Financial Inc
Industry Comparison
Our data shows that, on average, compensation at Old Dominion Trust Co is below the average for the U.S. Financial Services industry by approximately 24%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Old Dominion Trust Co average annual salary with several similar companies. Old Dominion Trust Co average salary of $92,759 is higher than Wealth Matrix Financial, which has an average salary of $86,736. It is lower than Nhs Financial Inc, with their average salary at $94,668. This places Old Dominion Trust Co in a mid-range position among its peers.
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Employee Reviews: Working at Old Dominion Trust Co

Considering a career at Old Dominion Trust 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.
Meetings are regular and productive, though they can feel repetitive. Management is fair and consistent. The workload varies but generally remains manageable. The systems in place support success.
This company trusts its employees. It’s a place where careers flourish, and contributions truly matter. Flexible hours and remote work options enhance work-life balance.
Teams work collaboratively to meet goals. It feels like a true partnership working towards common goals for our clients. Strong focus on innovation and results.
The pace is fast, but the company ensures you’re not overwhelmed. This leadership style brings out my best work. Management is transparent, goals are realistic, and feedback is welcomed. Overall, it’s a dynamic workplace where dedication and results are recognized and rewarded. Technology platforms are advanced, making workflows efficient and data-driven. Competitive benefits package supports heal...
The company supports ethical practices but doesn’t always recognize individual achievements. The organization is a good fit for individuals seeking predictability rather than fast growth or change. Workload is steady, and systems are reliable. Colleagues are smart and helpful. Cultural awareness training is meaningful, not just checkbox compliance.

Old Dominion Trust Co Overview

Website
www.olddominiontrust.com
Founded In
1997
Employees
100 - 200 employees
Industry
Financial Services
Headquarter Address
100 E Main St Norfolk Virginia VA 23510
Revenue
$10 Million - $50 Million
Phone Number
+1 7576224466
Social Media
About Old Dominion Trust Co
Old Dominion Trust Co is a company that operates in the Financial Services industry. It employs 101-250 people and has $25M-$50M of revenue. The company is headquartered in Norfolk, Virginia.

What Benefits Does Old Dominion Trust Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Old Dominion Trust 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 Norfolk?

Understanding the cost of living near Norfolk is key to truly evaluating a salary offer or your current compensation at Old Dominion Trust Co.
Norfolk's Cost of Living Index is approximately 95.3 (4.7% less expensive than US average; 8.5% less than VA average). Hampton Roads city, major naval base, historic, affordable housing. HRT bus/light rail/ferry. When planning your budget based on a salary from Old Dominion Trust Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,100 - $1,600+ A significant portion of Old Dominion Trust Co salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (HRT monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $580 Can be higher with more dining out or specialty stores.
Personal & Leisure $360 - $680+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,440 - $3,780+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Old Dominion Trust Co

1. What is the average salary for employees at Old Dominion Trust Co?

The average annual total compensation for employees at Old Dominion Trust Co is approximately $92,759. However, this is an aggregate figure, actual salaries can range significantly, typically from $81,299 to $105,233, depending on factors like job role, experience, and location.

2. How much does Old Dominion Trust Co pay compared to Wealth Matrix Financial?

The average annual salary at Old Dominion Trust Co is $92,759, or an hourly wage of $45, in comparison to Wealth Matrix Financial which pays $86,736 per year or $42 per hour.

3. How does having a professional certification impact salary for relevant roles at Old Dominion Trust Co?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Old Dominion Trust Co for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does Old Dominion Trust Co offer cost-of-living adjustments (COLA) for employees in high-cost areas like Norfolk?

While some companies offer formal COLA, many, including potentially Old Dominion Trust Co, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

5. What's the typical process for salary reviews and raises at Old Dominion Trust Co?

Most companies, likely including Old Dominion Trust Co, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.