SimplyBank Salary

SimplyBank Salary

How much does the SimplyBank Pay for employees?

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As of July 2026, the average annual salary for employees at SimplyBank in the United States is $86,283. This translates to an approximate hourly wage of $41. Salaries at SimplyBank typically range from $75,636 to $97,868 annually, reflecting the diverse roles and experience levels within the company. SimplyBank’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 SimplyBank Pay for Different Roles?

Explore detailed salary information for specific jobs at SimplyBank. 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 SimplyBank

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

Is SimplyBank’s Pay Competitive? Salary Benchmarking Analysis

How does SimplyBank’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)
SimplyBank
Financial Services
Newfield National Bank
Community South Bank
Industry Comparison
Our data shows that, on average, compensation at SimplyBank is below the average for the U.S. Financial Services industry by approximately 29%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared SimplyBank average annual salary with several similar companies. SimplyBank average salary of $86,283 is lower than Newfield National Bank, which has an average salary of $102,157. It is lower than Community South Bank, with their average salary at $93,677. This places SimplyBank in a developing 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 SimplyBank's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at SimplyBank

Considering a career at SimplyBank? 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.
This forward-thinking approach keeps us at the forefront of financial technology, providing exciting challenges and opportunities to work with state-of-the-art tools. The executive team at this financial services firm provides exceptional strategic direction. Emergency protocols are clear. Training is available it is role-specific or timely. Coworkers are helpful, and managers are encouraging.
Commented in February 04, 2025
8
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Problem-solving approaches are constructive. Feedback is constructive, and leadership remains accessible and empathetic. Leadership is professional but often distant from frontline employees. However, the lack of variety sometimes makes the work feel stale over long periods. After years in finance, I’ve found my professional home here. It’s a stable, rewarding environment with a positive long-term...
Commented in November 06, 2024
42
2
Benefits like mental health resources and fitness reimbursements further enhance the experience. Laptops refresh on a regular cycle. They really consider what employees need for security and peace of mind these days. The leadership team at this financial institution is truly inspiring. Flexible schedules and great benefits.
Commented in January 29, 2024
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SimplyBank Overview

Website
www.mysimplybank.com
Founded In
1890
Employees
50 - 100 employees
Industry
Financial Services
Headquarter Address
420 3rd Ave Dayton Tennessee TN 37321
Revenue
$10 Million - $50 Million
Phone Number
+1 4237758400
Social Media
About SimplyBank
SimplyBank is a premier provider of community banking and financial services based in Rhea County, Tenn. Deeply-rooted with 130 years in operation, SimplyBank today operates across five Southeast Tennessee counties and offers retail consumer and business banking solutions at seven full-service branch locations, including: Benton, Tenn.; Dayton, Tenn.; Decatur, Tenn.; Harriman, Tenn.; Rockwood, Ten

What Benefits Does SimplyBank Offer Beyond Salary?

A competitive compensation package is more than just a salary. SimplyBank 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 Chattanooga?

Understanding the cost of living near Chattanooga is key to truly evaluating a salary offer or your current compensation at SimplyBank.
Chattanooga's Cost of Living Index is approximately 85.2 (14.8% less expensive than US average; 5.5% less than TN average). SE TN scenic city, outdoor rec, affordable. CARTA bus (free downtown shuttle). When planning your budget based on a salary from SimplyBank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $900 - $1,350+ A significant portion of SimplyBank salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $50 (CARTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $650+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,140 - $3,410+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of SimplyBank

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

The typical annual salary range for most roles at SimplyBank is approximately from $75,636 to $97,868. 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 SimplyBank pay compared to Newfield National Bank?

The average annual salary at SimplyBank is $86,283, or an hourly wage of $41, in comparison to Newfield National Bank which pays $102,157 per year or $49 per hour.

3. Do salaries differ significantly between departments at SimplyBank?

Yes, salaries often differ between departments at SimplyBank 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 SimplyBank?

Experience level is a significant factor in determining salary at SimplyBank, 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 SimplyBank in Chattanooga is fair given the local cost of living?

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

6. Why might an individual's actual salary at SimplyBank differ from the ranges shown here?

An individual's actual salary at SimplyBank can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.

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