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Average Federal Reserve Bank salary in Chicago, IL

$63,838yearly

$30.69 hourly rate

Entry-level Federal Reserve Bank salary in Chicago
$31,000 yearly
Updated April 5, 2024

How much does Federal Reserve Bank pay in Chicago, IL?

The average Federal Reserve Bank salary in Chicago, IL is $63,838. Federal Reserve Bank salaries range between $31,000 to $130,000 per year in Chicago. Federal Reserve Bank Chicago based pay is higher than Federal Reserve Bank's United States average salary of $61,672. The best-paying job in Chicago at Federal Reserve Bank is chief finance officer, which pays an average of $191,957 annually.

Federal Reserve Bank employees in Chicago make $9,838 more than the average salary in Chicago, $54,000.

Federal Reserve Bank salaries in Chicago, IL by job title

Federal Reserve Bank’s highest-paying job in Chicago, IL is chief finance officer, with an average salary of $191,957. The second highest is loan servicing specialist, which pays $189,106 annually in Chicago, IL.

Highest paying jobs at Federal Reserve Bank in Chicago, IL

RankJob titleAvarage Federal Reserve Bank salaryHourly pay
1Chief Finance Officer$191,957$92
2Loan Servicing Specialist$189,106$91
3Vice President Of Information Technology$188,348$91
4Portfolio Manager$180,123$87
5Chief Information Officer$177,944$86
6Credit Administrator$173,536$83
7Associate Director, Information Technology$169,738$82
8Department Lead$165,677$80
9Information Technology Director$165,227$79
10Unit Manager$163,213$78

Federal Reserve Bank salaries in Chicago, IL by department

The departments with the highest salaries for Federal Reserve Bank employees in Chicago are Engineering, IT, and Finance.

Chicago Federal Reserve Bank employees in the Engineering department earn an average salary of $85,637 a year, compared to an average salary of $77,400 in the IT department and $66,826 in the Finance department.

Highest-paying departments at Federal Reserve Bank in Chicago, IL

RankDepartmentAvarage Federal Reserve Bank salaryHourly pay
1Engineering$85,637$41
2IT$77,400$37
3Finance$66,826$32
4Administrative$45,045$22
5Customer Service$41,425$20
6Retail$40,073$19

How much does Federal Reserve Bank pay by city?

The cities near Chicago, IL where Federal Reserve Bank pays the highest salaries are New York ($72,618), San Francisco ($71,343), Seattle ($69,928), Boston ($69,633) and East Rutherford ($68,885).

Highest-paying cities near Chicago, IL at Federal Reserve Bank

RankCityAvarage Federal Reserve Bank salaryHourly pay
1New York$72,618$35
2San Francisco$71,343$34
3Seattle$69,928$34
4Boston$69,633$33
5East Rutherford$68,885$33
6Baltimore$65,510$32
7Richmond$65,070$31
8Denver$64,653$31
9Minneapolis$64,141$31
10Chicago$63,838$31

Federal Reserve Bank’s competitor’s salaries in Chicago, IL

The highest paying Federal Reserve Bank competitor in Chicago, IL is Blackstone Group. The average salary at Blackstone Group in Chicago, IL is $191,957. The lowest paying Federal Reserve Bank competitor in Chicago, IL is STRS Ohio.

Highest-paying Federal Reserve Bank competitors in Chicago, IL

RankCompany nameAvarage pay in Chicago, ILHourly pay
1Blackstone Group$91,678$44
2Federal Reserve$88,873$43
3OCC$85,814$41
4IIF$83,207$40
5Council of Federal Home Loan Banks$80,418$39
6GuideWell Source$74,875$36
7Federal Reserve Bank of Boston$74,241$36
8Integrated Asset Services$69,794$34
9The Fund$62,883$30
10STRS Ohio$62,542$30

Recently added Federal Reserve Bank salaries in Chicago, IL

JobLocationDate addedSalary
Facility EngineerChicago, IL06/25/2025$99,882
Software Engineering ManagerChicago, IL06/15/2025$184,000
SpecialistChicago, IL05/27/2025$156,100
Software Engineer LeadChicago, IL05/24/2025$159,900
Requirements EngineerChicago, IL05/23/2025$92,100
Product OwnerChicago, IL05/23/2025$103,900
Software EngineerChicago, IL05/23/2025$111,400
Shift EngineerChicago, IL05/23/2025$130,000
OfficerChicago, IL05/21/2025$69,900
Tax AnalystChicago, IL05/19/2025$85,000

Frequently asked questions about Federal Reserve Bank pay in Chicago, IL

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