Tipton Bank & Trust Salary

How much does the Tipton Bank & Trust Pay for employees?

As of August 2026, the average annual salary for employees at Tipton Bank & Trust in the United States is $84,025. This translates to an approximate hourly wage of $40. Salaries at Tipton Bank & Trust typically range from $73,675 to $95,247 annually, reflecting the diverse roles and experience levels within the company. Tipton Bank & Trust’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 Tipton Bank & Trust

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Is Tipton Bank & Trust’s Pay Competitive? Salary Benchmarking Analysis

How does Tipton Bank & Trust’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)
Tipton Bank & Trust
Financial Services
Iowa State Savings Bank
Locality Bank
Industry Comparison
Our data shows that, on average, compensation at Tipton Bank & Trust is below the average for the U.S. Financial Services industry by approximately 31%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Tipton Bank & Trust average annual salary with several similar companies. Tipton Bank & Trust average salary of $84,025 is lower than Iowa State Savings Bank, which has an average salary of $88,371. It is lower than Locality Bank, with their average salary at $88,171. This places Tipton Bank & Trust 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.

Employee Reviews: Working at Tipton Bank & Trust

Considering a career at Tipton Bank & Trust? 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.
Managers are responsive and respectful. Communication between departments sometimes lacks clarity in projects. Managers share context behind decisions. This firm blends tradition and innovation well.
Good benefits, though promotion opportunities are limited. Feedback is specific and constructive. Structure is solid, but traditional. Benefits cover basic needs but aren’t particularly generous compared to industry leaders. Diversity and inclusion aren’t just buzzwords here—they’re embedded in the company’s DNA. This organization excels in providing professional development and clear career pathw...
The company regularly benchmarks offerings against industry leaders. Clients trust us because of our ethical standards and innovative solutions. Work-life balance is respected here.
Different viewpoints are not just tolerated but sought after in decision-making. I’ve had multiple growth opportunities, and my contributions are recognized. Communication across departments is inconsistent. It’s a steady role for those who value routine over fast-paced or creative job functions. What I appreciate most about this firm is its commitment to excellence.

Tipton Bank & Trust Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
25 - 50 employees
Industry
Financial Services
Headquarter Address
3080 Hwy 51 S Covington Tennessee TN 38019
Revenue
$5 Million - $10 Million
Phone Number
+1 9014768500
Social Media
About Tipton Bank & Trust
Tipton Bank & Trust is a company that operates in the Financial Services industry. It employs 21-50 people and has $5M-$10M of revenue. The company is headquartered in Covington, Tennessee.

What Benefits Does Tipton Bank & Trust Offer Beyond Salary?

A competitive compensation package is more than just a salary. Tipton Bank & Trust 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 Memphis?

Understanding the cost of living near Memphis is key to truly evaluating a salary offer or your current compensation at Tipton Bank & Trust.
Memphis' Cost of Living Index is approximately 79.8 (20.2% less expensive than US average; 11.5% less than TN average). Blues/BBQ, FedEx hub, very affordable housing. MATA bus/trolley. When planning your budget based on a salary from Tipton Bank & Trust, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $850 - $1,300+ A significant portion of Tipton Bank & Trust salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $50 (MATA 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 $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,130 - $3,410+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Tipton Bank & Trust

1. How much does a Tipton Bank & Trust employee make?

Tipton Bank & Trust pays its employees an average of $84,025 per year. The average salary at Tipton Bank & Trust range from $73,675 to $95,247 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. Which similar company tend to pay more or less than Tipton Bank & Trust?

The salary at Tipton Bank & Trust is lesser than the similar company. The average annual salary at Tipton Bank & Trust is $84,025, or an hourly wage of $40, in comparison to Iowa State Savings Bank which pays $88,371 per year or $42 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Tipton Bank & Trust?

In many roles at Tipton Bank & Trust, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

4. How does the cost of living near Memphis affect the perceived value of a Tipton Bank & Trust salary?

Memphis' Cost of Living Index is approximately 79.8 (20.2% less expensive than US average; 11.5% less than TN average). This significantly impacts the purchasing power of a salary from Tipton Bank & Trust based there. Our "Cost of Living Insights for Memphis" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Tipton Bank & Trust typically offer employees?

Tipton Bank & Trust generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Tipton Bank & Trust" section on this page.