Park State Bank Salary

Park State Bank Salary

How much does the Park State Bank Pay for employees?

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As of August 2026, the average annual salary for employees at Park State Bank in the United States is $99,119. This translates to an approximate hourly wage of $48. Salaries at Park State Bank typically range from $86,916 to $112,355 annually, reflecting the diverse roles and experience levels within the company. Park 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.

How Much Does Park State Bank Pay for Different Roles?

Explore detailed salary information for specific jobs at Park State Bank. 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.
How accurate does the salary look to you?

Current Job Openings at Park State Bank

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

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

How does Park 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
150k
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90k
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Average Salary ($/year)
Park State Bank
Financial Services
Pauls Valley National Bank
Liberty Bank Minnesota
Industry Comparison
Our data shows that, on average, compensation at Park State Bank is below the average for the U.S. Financial Services industry by approximately 18%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Park State Bank average annual salary with several similar companies. Park State Bank average salary of $99,119 is higher than Pauls Valley National Bank, which has an average salary of $83,023. It is higher than Liberty Bank Minnesota, with their average salary at $87,601. This places Park State Bank in a competitive position among its peers.
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How Park 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 Park State Bank. Click a company name to learn more.

Employee Reviews: Working at Park State Bank

Considering a career at Park 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 ethics hotline ensures accountability without fear of retaliation. The company culture is inclusive and supportive, making it an enjoyable place to work. The work-life balance is respected, and the company encourages innovation. Innovative tools and technology support daily tasks efficiently.
Commented in June 01, 2025
26
3
The commitment to employee development and continuous learning is outstanding, offering numerous avenues for professional growth in a complex industry. Opportunities for internal mobility allow employees to explore different roles. Clients trust us because of our ethical standards and innovative solutions. Documentation is thorough and accessible. This respect for employees’ personal lives is a si...
Commented in April 05, 2025
41
1
Leadership communicates a clear vision, ensuring everyone is aligned with company goals. Processes are well-documented, and expectations are clear. Positive team energy and clear communication make this a productive environment. Communication is formal and usually through official channels. Everyone is focused on improvement—of systems, service, and self.
Commented in April 05, 2025
27
0
It’s a professional and rewarding work environment. A process-oriented company with firm hierarchies. Despite its large size, teams work seamlessly across different divisions and geographical locations.
Commented in September 10, 2024
44
1
Platforms integrate smoothly, eliminating redundant work. The onboarding process is thorough, helping new hires quickly become productive team members. Coworkers are helpful, and managers are encouraging. However, the company doesn’t take many risks, and employee ideas often get stuck in layers of review. Working at this financial services company means being part of a motivated and skilled team.
Commented in January 18, 2024
27
2

Park State Bank Overview

Website
www.parkstatebank.com
Founded In
2015
Employees
25 - 50 employees
Industry
Financial Services
Headquarter Address
1108 Nicollet Mall Minneapolis Minnesota MN 55403
Revenue
$5 Million - $10 Million
Phone Number
+1 6122380430
Social Media
About Park State Bank
Park Financial Group, Inc. is a Minneapolis-based holding company whose subsidiary banks proudly offer customized banking solutions and a client-centric approach to delivering strategic financial solutions. Park Financial Group was ranked one of the top 10 fastest growing companies in Minnesota in 2019 by the Minneapolis/St. Paul Business Journal and its wholly-owned subsidiary, Park State Bank, w

What Benefits Does Park State Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. Park 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 Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Park State Bank.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Park State Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Park State Bank salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Park State Bank

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

The average annual total compensation for employees at Park State Bank is approximately $99,119. However, this is an aggregate figure, actual salaries can range significantly, typically from $86,916 to $112,355, depending on factors like job role, experience, and location.

2. How much does Park State Bank pay compared to Pauls Valley National Bank?

The average annual salary at Park State Bank is $99,119, or an hourly wage of $48, in comparison to Pauls Valley National Bank which pays $83,023 per year or $40 per hour.

3. What is the lowest salary at Park State Bank?

The lowest-paying job at Park State Bank is a Portfolio Banker with a salary of $92,598 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Park 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 Park State Bank for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Park State Bank offer cost-of-living adjustments (COLA) for employees in high-cost areas like Minneapolis?

While some companies offer formal COLA, many, including potentially Park 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.

6. What's the typical process for salary reviews and raises at Park State Bank?

Most companies, likely including Park 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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