Red River State Bank Salary
How much does the Red River State Bank Pay for employees?
How Much Does Red River State Bank Pay for Different Roles?
President & Chief Executive Officer
$623,649 / year
Salary Range: $475,957 - $787,670
Executive
Head of Operations
$237,310 / year
Salary Range: $195,888 - $285,356
Operations
Loan Officer
$48,209 / year
Salary Range: $42,000 - $55,637
Mortgage
Teller and Operations
$26,803 / year
Salary Range: $24,604 - $28,892
Banking
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Current Job Openings at Red River State Bank
Is Red River State Bank’s Pay Competitive? Salary Benchmarking Analysis
How Red River State Bank's Salaries Compare to Similar Companies?
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Employee Reviews: Working at Red River State Bank
Red River State Bank Overview
What Benefits Does Red River State Bank Offer Beyond Salary?
Get an estimated calculation of how much you should be earning and insight into your career options.
What Is the Cost of Living Near Minneapolis?
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $1,400 - $2,100+ | A significant portion of Red River 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 Red River State Bank
1. How much does Red River State Bank in the United States pay?
Red River State Bank pays its employees an average of $80,566 per year. The average salary at Red River State Bank range from $70,669 to $91,296 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. Do Red River State Bank employees get a higher salary than its peer company?
The salary at Red River State Bank is lesser than its peer company. The average annual salary at Red River State Bank is $80,566, or an hourly wage of $39, in comparison to Global Impact Partners which pays $86,631 per year or $42 per hour.
3. What are the highest paying jobs at Red River State Bank?
The higher-paying job at Red River State Bank, according to our data, include President & Chief Executive Officer (avg. $623,649 per year), Head of Operations (avg. $237,310 per year), and Loan Officer (avg. $48,209 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.
4. How much does salary increase with years of experience at Red River State Bank?
Salary progression with years of experience at Red River State Bank is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.
5. Do salaries at Red River State Bank vary by office location?
Yes, it's very likely that salaries at Red River State Bank vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Minneapolis section provides more context.
6. Does Red River State Bank offer good benefits?
Red River State Bank typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Red River State Bank" section on this page.
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