Palmyra State Bank Salary

Palmyra State Bank Salary

How much does the Palmyra State Bank Pay for employees?

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As of August 2026, the average annual salary for employees at Palmyra State Bank in the United States is $90,744. This translates to an approximate hourly wage of $44. Salaries at Palmyra State Bank typically range from $79,576 to $102,868 annually, reflecting the diverse roles and experience levels within the company. Palmyra State 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 Palmyra State Bank

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

Is Palmyra State Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Palmyra State 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
180k
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Average Salary ($/year)
Palmyra State Bank
Financial Services
Jonah Wealth Management
Bankers Funding Inc
Industry Comparison
Our data shows that, on average, compensation at Palmyra State Bank 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 Palmyra State Bank average annual salary with several similar companies. Palmyra State Bank average salary of $90,744 is higher than Jonah Wealth Management, which has an average salary of $86,873. It is lower than Bankers Funding Inc, with their average salary at $103,423. This places Palmyra State Bank in a mid-range position among its peers.
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How Palmyra State Bank's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Palmyra State Bank

Considering a career at Palmyra State 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.
The work is challenging in the best way, and management recognizes effort. I value the transparent leadership and supportive management style within this company. My manager is approachable, and the professional development budget actually gets used. Employees are given meaningful responsibilities, fostering professional growth. Competitors respect our work. Thoughtful placement reduces daily stre...
Commented in February 24, 2025
37
2
Career aspirations are discussed openly. Touches like quality coffee and fresh fruit make a difference. Working at this financial services firm has been transformative for my career. Management is formal and reserved.
Commented in February 11, 2025
46
2
Tuition reimbursement supports continuing education. Projects are well-managed and feedback is constructive. This flexibility has improved my productivity and work-life harmony. It’s a high-performance, high-integrity workplace.
Commented in November 10, 2024
49
3
Leadership listens and responds quickly. I’m constantly learning and proud to be part of such a trusted institution. It’s a great environment for career-minded professionals. Follow-up check-ins ensure smooth transitions.
Commented in January 19, 2024
18
1

Palmyra State Bank Overview

Website
www.palmyrastatebank.com
Founded In
1911
Employees
25 - 50 employees
Industry
Financial Services
Headquarter Address
111 E Main St Palmyra Wisconsin WI 53156
Revenue
$5 Million - $10 Million
Phone Number
+1 2624952101
Social Media
About Palmyra State Bank
Palmyra State Bank is a company that operates in the Financial Services industry. It employs 21-50 people and has $5M-$10M of revenue. The company is headquartered in Palmyra, Wisconsin.

What Benefits Does Palmyra State Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. Palmyra State 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 Madison?

Understanding the cost of living near Madison is key to truly evaluating a salary offer or your current compensation at Palmyra State Bank.
Madison's Cost of Living Index is approximately 100.8 (0.8% more expensive than US average; 6.3% more than WI average). State capital (Univ. of WI), desirable, housing costs near US avg. Metro Transit. When planning your budget based on a salary from Palmyra State Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,200 - $1,700+ A significant portion of Palmyra State Bank salary. Location choices impact this heavily.
Utilities (Basic) $120 - $210 Electricity, Heating, Cooling, Water etc.
Public Transportation $65 (Metro monthly pass, free for UW) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $410 - $600 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $730+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,575 - $3,945+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Palmyra State Bank

1. What is the average salary for employees at Palmyra State Bank?

The average annual total compensation for employees at Palmyra State Bank is approximately $90,744. However, this is an aggregate figure, actual salaries can range significantly, typically from $79,576 to $102,868, depending on factors like job role, experience, and location.

2. How much does Palmyra State Bank pay compared to Jonah Wealth Management?

The average annual salary at Palmyra State Bank is $90,744, or an hourly wage of $44, in comparison to Jonah Wealth Management which pays $86,873 per year or $42 per hour.

3. How does having a professional certification impact salary for relevant roles at Palmyra State Bank?

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 Palmyra State Bank for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does Palmyra State Bank offer cost-of-living adjustments (COLA) for employees in high-cost areas like Madison?

While some companies offer formal COLA, many, including potentially Palmyra State Bank, 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 Palmyra State Bank?

Most companies, likely including Palmyra State Bank, 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.

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