Wellesley Bank Salary

Wellesley Bank Salary

How much does the Wellesley Bank Pay for employees?

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As of August 2026, the average annual salary for employees at Wellesley Bank in the United States is $108,201. This translates to an approximate hourly wage of $52. Salaries at Wellesley Bank typically range from $94,852 to $122,719 annually, reflecting the diverse roles and experience levels within the company. Wellesley 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 Wellesley Bank

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

Is Wellesley Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Wellesley 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
180k
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Average Salary ($/year)
Wellesley Bank
Financial Services
6HSBC Bank
2TD Bank
Industry Comparison
Our data shows that, on average, compensation at Wellesley Bank is below the average for the U.S. Financial Services industry by approximately 11%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Wellesley Bank average annual salary with several similar companies. Wellesley Bank average salary of $108,201 is lower than 6HSBC Bank, which has an average salary of $110,849. It is lower than 2TD Bank, with their average salary at $113,074. This places Wellesley Bank in a developing position among its peers.
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How Wellesley Bank's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Wellesley Bank

Considering a career at Wellesley 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.
It's reassuring to work for a financial institution that not only focuses on profitability but also actively contributes to community development and environmental stewardship. Office amenities contribute to daily satisfaction. There's genuine interest in employee well-being, and performance is fairly rewarded. The company stands out for its client-centered mission and employee empowerment. Projec...
Commented in May 08, 2025
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I’ve had a great experience learning new systems and taking on responsibility. Time limits are enforced. Performance reviews are fair and developmental. I've been promoted based on performance and appreciated for my contributions. We understand the company's goals and how our individual roles contribute to achieving them successfully. Encouraging environment for fresh ideas. Managers encourage fee...
Commented in December 12, 2024
10
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There’s a strong emphasis on accuracy and compliance, which makes sense for a financial firm. This company has a clear commitment to employee well-being and professional growth. Management recognizes and rewards hard work through various incentives. I've developed confidence, competence, and clarity in my career path.
Commented in March 17, 2024
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Wellesley Bank Overview

Website
www.wellesleylocksmithstore.com
Founded In
1911
Employees
50 - 100 employees
Industry
Financial Services
Headquarter Address
100 Worcester St Wellesley Massachusetts MA 02481
Revenue
$10 Million - $50 Million
Phone Number
+1 7812352550
Social Media
About Wellesley Bank
Wellesley Bank, a premier banking and wealth management company, has been serving Wellesley and the greater Boston area for over 100 years. Their team of highly experienced and knowledgeable bankers provide exceptional and trusted advice to successful individuals, families, businesses, private partnerships, nonprofit organizations, foundations, and trusts. They do so with the greatest degree of pe

What Benefits Does Wellesley Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. Wellesley 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 Newton?

Understanding the cost of living near Newton is key to truly evaluating a salary offer or your current compensation at Wellesley Bank.
Newton's Cost of Living Index is approximately 201.5 (101.5% more expensive than US average; 52.0% more than MA average). Affluent Boston suburb, excellent schools, extremely high housing costs. MBTA Green Line/bus. When planning your budget based on a salary from Wellesley Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,900 - $4,500+ A significant portion of Wellesley Bank salary. Location choices impact this heavily.
Utilities (Basic) $190 - $300 Electricity, Heating, Cooling, Water etc.
Public Transportation $90 (MBTA LinkPass monthly) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $530 - $820 Can be higher with more dining out or specialty stores.
Personal & Leisure $650 - $1,200+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $470 - $900+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,830 - $7,720+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Wellesley Bank

1. What is the estimated average total compensation at Wellesley Bank?

Salary.com estimates that the average total compensation package at Wellesley Bank, which can include base salary, potential bonuses, and benefits, is around $108,201 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Wellesley Bank pay compared to 6HSBC Bank?

The average annual salary at Wellesley Bank is $108,201, or an hourly wage of $52, in comparison to 6HSBC Bank which pays $110,849 per year or $53 per hour.

3. What's the typical salary progression for an employee moving from an entry-level to a senior role at Wellesley Bank?

Salary progression from an entry-level to a senior role at Wellesley Bank can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

4. How can I determine if a salary offer from Wellesley Bank in Newton is fair given the local cost of living?

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

5. Are promotions at Wellesley Bank usually accompanied by a significant salary increase?

Yes, promotions at Wellesley Bank are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.

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