Privatebank Salary

Privatebank Salary

How much does the Privatebank Pay for employees?

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As of August 2026, the average annual salary for employees at Privatebank in the United States is $105,575. This translates to an approximate hourly wage of $51. Salaries at Privatebank typically range from $92,524 to $119,805 annually, reflecting the diverse roles and experience levels within the company. Privatebank’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 Privatebank Pay for Different Roles?

Explore detailed salary information for specific jobs at Privatebank. 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 Privatebank

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

Is Privatebank’s Pay Competitive? Salary Benchmarking Analysis

How does Privatebank’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
120k
90k
60k
30k
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Average Salary ($/year)
Privatebank
Financial Services
Hour Exchange Portland
Cypresswood Tx Healthcare Holdings LLC
Industry Comparison
Our data shows that, on average, compensation at Privatebank is below the average for the U.S. Financial Services industry by approximately 13%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Privatebank average annual salary with several similar companies. Privatebank average salary of $105,575 is higher than Hour Exchange Portland, which has an average salary of $99,868. It is lower than Cypresswood Tx Healthcare Holdings LLC, with their average salary at $122,357. This places Privatebank 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 Privatebank's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Privatebank

Considering a career at Privatebank? 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.
Job security and company stability make this an excellent place for long-term careers. Benefits are robust, with excellent healthcare, retirement plans, and wellness initiatives. The company follows procedures strictly, with little deviation from protocol. A truly inclusive workplace where diversity is celebrated. Whether you’re in asset management, consulting, or fintech, you’ll find challenging ...
Commented in May 30, 2025
30
0
The office culture is professional and it is somehow overly social. Even as the company scales, it retains that sense of teamwork and mission. It’s a stable, rewarding environment with a positive long-term outlook. Overall, it suits those who prefer predictability and stability.
Commented in November 02, 2024
12
1
Wellness programs, including mental health resources and fitness reimbursements, show genuine care for employee wellbeing. I’ve felt trusted since day one. Time limits are respected. Teams function independently with minimal overlap. I appreciate the focus on continuous improvement. Career growth is possible. Leadership is professional but sometimes delay to act.
Commented in October 06, 2024
10
3
Strong corporate values and ethics. Leadership is competent but sometimes adopt new ideas. Leadership is present but doesn’t engage often with junior staff.
Commented in July 08, 2024
43
0
Meetings are regular and productive, though they can feel repetitive. Career growth opportunities exist but progress is gradual. I’m proud to work here and see a promising future. Leadership trusts employees to deliver and gives us the tools to succeed. Managers encourage feedback and professional development.
Commented in March 17, 2024
31
1

Privatebank Overview

Website
www.theprivatebank.com
Founded In
1989
Employees
200 - 500 employees
Industry
Financial Services
Headquarter Address
120 S La Salle St Chicago Illinois IL 60603
Revenue
$10 Million - $50 Million
Phone Number
+1 3126837100
Social Media
About Privatebank
PrivateBancorp, Inc., through its subsidiary The PrivateBank, delivers customized business and personal financial services to middle-market companies, as well as business owners, executives, entrepreneurs and families in all of the markets and communities it serves. As of December 31, 2015, the Company had 35 offices in 12 states and $17.3 billion in assets.

What Benefits Does Privatebank Offer Beyond Salary?

A competitive compensation package is more than just a salary. Privatebank 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 Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Privatebank.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Privatebank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Privatebank salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Privatebank

1. What is the typical salary range (low to high) for most roles at Privatebank?

The typical annual salary range for most roles at Privatebank is approximately from $92,524 to $119,805. 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. How much does Privatebank pay compared to Hour Exchange Portland?

The average annual salary at Privatebank is $105,575, or an hourly wage of $51, in comparison to Hour Exchange Portland which pays $99,868 per year or $48 per hour.

3. Do salaries differ significantly between departments at Privatebank?

Yes, salaries often differ between departments at Privatebank due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Privatebank?

Experience level is a significant factor in determining salary at Privatebank, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from Privatebank in Chicago is fair given the local cost of living?

To determine if a salary offer from Privatebank in Chicago is fair, first compare the gross salary to our data for similar roles at Privatebank and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Chicago" to understand its purchasing power.

6. Are the salaries listed for Privatebank on Salary.com pre-tax or after-tax?

All salary figures displayed for Privatebank, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.

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