Townebank Mortgage Salary

Townebank Mortgage Salary

How Much Does Townebank Mortgage Pay for employees?

Salaries

Job Openings

Overview

Reviews

Similar Company

FAQ

Recommended HR Topics
Compensation Planning Hot Insights on Your Competitors' PayNew Global Market Data New Develop a Job Description Pay Equlity Benefits Consulting
As of August 2026, the average annual salary for employees at Townebank Mortgage in the United States is $89,612. This translates to an approximate hourly wage of $43. Salaries at Townebank Mortgage typically range from $78,566 to $101,737 annually, reflecting the diverse roles and experience levels within the company. Townebank Mortgage’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 Townebank Mortgage Pay for Different Roles?

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.

Digital Services Specialist

$34,932 / year

Salary Range: $31,525 - $38,948

Security Services

Contact Center Agent

$86,351 / year

Salary Range: $75,884 - $100,095

Sales

Fraud and Security Specialist

$91,520 / year

Salary Range: $78,966 - $105,937

Security Services

Digital Support Agent

$69,758 / year

Salary Range: $61,896 - $78,750

Construction

Business Anaylst

$136,585 / year

Salary Range: $115,388 - $156,730

Library

Digital Banking Agent

$69,758 / year

Salary Range: $61,896 - $78,750

Construction

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.

Turn Insight into Opportunity: Current Job Openings

Ready for your next career move? Explore current job openings at Townebank Mortgage.
Loading results...

About Townebank Mortgage: Company Profile

Website
www.monarchmtg.com
Founded In
2008
Employees
500 - 1,000 employees
Industry
Financial Services
Headquarter Location
VIRGINIA BEACH
Revenue
$50 Million - $200 Million
Phone Number
-
Social Media
About TOWNEBANK MORTGAGE
TowneBank Mortgage is your hometown mortgage company. As a division of TowneBank, we uphold the principles and philosophies that have been established by our hometown traditions. TowneBank Mortgage is dedicated to providing the personal experience that you expect from a hometown lender with the most advanced technology available to offer affordable loans, quick processing and exceptional service.

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Townebank Mortgage's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
What stands out is how technology enhances rather than replaces the human element of financial services. There’s a true sense of collaboration across departments. Well-organized and process-driven. This culture of respect, trust, and innovation makes it an excellent place to work. I've been consistently impressed by dedication to client-centricity and ethical conduct.
Commented in March 01, 2025
16
0
Managers are supportive and accessible. What I appreciate most about this firm is its commitment to excellence. Follow-up check-ins ensure smooth transitions. Clear career progression paths available here. Benefits are comprehensive and competitive, with an emphasis on health and retirement plans. The company culture is professional but can feel formal and reserved. Standing desks are standard iss...
Commented in June 16, 2024
15
0
With employees, the company offers various affinity groups and social activities to foster connections beyond work. Whether you’re in asset management, consulting, or fintech, you’ll find challenging work and a team that supports your growth. The overall culture supports autonomy with accountability. Industry reputation opens doors.
Commented in January 13, 2024
26
0

How Townebank Mortgage's Salaries Compare to Similar Companies?

The data below provides a snapshot of what comparable firms are paying, offering crucial context for evaluating Townebank Mortgage’s pay competitiveness. Click on a company for a deeper dive.

Is Townebank Mortgage’s Pay Competitive? Salary Benchmarking Analysis

How does Townebank Mortgage’s compensation stack up against the market? This analysis visualizes their average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
180k
150k
120k
90k
60k
30k
0
Average Salary ($/year)
Townebank Mortgage
Financial Services
WATERSTONE MORTGAGE
GREEN MORTGAGE COMPANY
Industry Comparison
Our data shows that, on average, compensation at Townebank Mortgage is below the average for the U.S. Financial Services industry by approximately 26%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Townebank Mortgage average annual salary with several similar companies. Townebank Mortgage average salary of $89,612 is lower than WATERSTONE MORTGAGE, which has an average salary of $89,820. It is higher than GREEN MORTGAGE COMPANY, with their average salary at $81,069. This places Townebank Mortgage 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.

What Is the Cost of Living Near Virginia Beach?

Understanding the cost of living near Virginia Beach is key to truly evaluating a salary offer or your current compensation at Townebank Mortgage.
Virginia Beach's Cost of Living Index is approximately 101.8 (1.8% more expensive than US average; 2.2% less than VA average). Large coastal city, tourism, military, housing near US avg. HRT bus/light rail. When planning your budget based on a salary from Townebank Mortgage, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,300 - $1,900+ A significant portion of Townebank Mortgage salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (HRT monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $410 - $600 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $730+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,600 - $4,160+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Townebank Mortgage

FAQ 1: How much does a Townebank Mortgage employee make?
Townebank Mortgage pays its employees an average of $89,612 per year. The average salary at Townebank Mortgage range from $78,566 to $101,737 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.
FAQ 2: Which similar company tend to pay more or less than Townebank Mortgage?
The salary at Townebank Mortgage is lesser than the similar company. The average annual salary at Townebank Mortgage is $89,612, or an hourly wage of $43, in comparison to WATERSTONE MORTGAGE which pays $89,820 per year or $43 per hour.
FAQ 3: Do employees with advanced degrees (Master's, PhD) earn more at Townebank Mortgage?
In many roles at Townebank Mortgage, 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.
FAQ 4: How does the cost of living near Virginia Beach affect the perceived value of a Townebank Mortgage salary?
Virginia Beach's Cost of Living Index is approximately 101.8 (1.8% more expensive than US average; 2.2% less than VA average). This significantly impacts the purchasing power of a salary from Townebank Mortgage based there. Our "Cost of Living Insights for Virginia Beach" module details this impact, helping you assess the 'real feel' value of your compensation.
FAQ 5: What kind of benefits does Townebank Mortgage typically offer employees?
Townebank Mortgage 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 Townebank Mortgage" section on this page.

For Employer

What Should I Pay?

The trusted data and intuitive software your organization needs to get pay right.

Explore CompAnalyst ®
Looking for Accurate Salary Data?

Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right.

Surveys & Data Sets
Unlock Intelligence on Your Competitors' Salaries Across 35 Countries

Real-time global intelligence that empowers you to make competitive pay decisions and align offers with global trends.

SalaryIQTM
The Only Compensation System That Helps You EXCEL.

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.

Compensation Planning