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Skagit Bank Salary

Skagit Bank Salary

How much does the Skagit Bank Pay for employees?

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As of September 2026, the average annual salary for employees at Skagit Bank in the United States is $98,603. This translates to an approximate hourly wage of $47. Salaries at Skagit Bank typically range from $86,430 to $111,842 annually, reflecting the diverse roles and experience levels within the company. Skagit 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 Skagit Bank

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

Is Skagit Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Skagit 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
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Average Salary ($/year)
Skagit Bank
Financial Services
South Washington Holdings LLC
County First Bank
Industry Comparison
Our data shows that, on average, compensation at Skagit Bank is below the average for the U.S. Financial Services industry by approximately 19%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Skagit Bank average annual salary with several similar companies. Skagit Bank average salary of $98,603 is lower than South Washington Holdings LLC, which has an average salary of $100,923. It is lower than County First Bank, with their average salary at $107,832. This places Skagit Bank in a developing position among its peers.
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How Skagit Bank's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Skagit Bank

Considering a career at Skagit 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.
This investment in growth is remarkable. Leadership fosters a growth mindset, encouraging innovation at every level. Work anniversaries are commemorated. Meeting culture is productive and respectful. The company size means your voice is heard. There’s clear communication, opportunities for internal advancement, and strong mentorship programs. Flexible scheduling options and a reasonable workload a...
Commented in April 19, 2025
23
2
Supportive management and consistent feedback have made a difference in my growth. I'm proud to represent a company with such strong moral principles. The technology and tools provided are up-to-date. Departmental silos are minimal - we function as one cohesive organization.
Commented in March 08, 2025
14
2
Great company with a mission-driven culture. The environment makes it easier to succeed. Advancement opportunities are present but limited in speed.
Commented in December 05, 2024
46
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There’s a strong team spirit and commitment to excellence. Internal mobility is actively encouraged. Management values employee contributions and regularly shares company updates. The company actively promotes from within.
Commented in July 02, 2024
11
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There's a genuine commitment to ethical financial advice. A reasonable choice for individuals who prefer stable schedules and straightforward duties in a corporate setting. Clients trust us because we deliver results with integrity. It’s inspiring to work alongside such talented individuals.
Commented in January 30, 2024
48
2

Skagit Bank Overview

Website
www.skagitbank.com
Founded In
Data pending, update soon.
Employees
100 - 200 employees
Industry
Financial Services
Headquarter Address
901 Cleveland Ave Mount Vernon Washington WA 98273
Revenue
$5 Million - $10 Million
Phone Number
+1 3603548100
Social Media
About Skagit Bank
Skagit Bank is a company that operates in the Financial Services industry. It employs 101-250 people and has $5M-$10M of revenue. The company is headquartered in Mount Vernon, Washington.

What Benefits Does Skagit Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. Skagit 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 Seattle?

Understanding the cost of living near Seattle is key to truly evaluating a salary offer or your current compensation at Skagit Bank.
Seattle's Cost of Living Index is approximately 152.7 (52.7% more expensive than US average; 36.8% more than WA average). Major tech hub (Amazon, Microsoft nearby), extremely high housing costs. King County Metro, Sound Transit. When planning your budget based on a salary from Skagit Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,000 - $3,000+ A significant portion of Skagit Bank salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $99 (ORCA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $500 - $750 Can be higher with more dining out or specialty stores.
Personal & Leisure $550 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $430 - $800+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,709 - $5,779+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Skagit Bank

1. How much does Skagit Bank in the United States pay?

Skagit Bank pays its employees an average of $98,603 per year. The average salary at Skagit Bank range from $86,430 to $111,842 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 Skagit Bank employees get a higher salary than its peer company?

The salary at Skagit Bank is lesser than its peer company. The average annual salary at Skagit Bank is $98,603, or an hourly wage of $47, in comparison to South Washington Holdings LLC which pays $100,923 per year or $49 per hour.

3. How much does salary increase with years of experience at Skagit Bank?

Salary progression with years of experience at Skagit 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.

4. Do salaries at Skagit Bank vary by office location?

Yes, it's very likely that salaries at Skagit 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 Seattle section provides more context.

5. Does Skagit Bank offer good benefits?

Skagit 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 Skagit Bank" section on this page.

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