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Independent Bank salary estimate

$46,029yearly

$22.13 hourly rate

Entry-level salary
$25,000 yearly salary
Updated December 15, 2025

Understanding Independent Bank Salaries

At Independent Bank, employees can expect an average salary of $46,029 per year. However, salaries can vary based on roles, departments, and geographic locations. For instance, positions in finance often command higher salaries compared to entry-level roles in retail. In addition to competitive pay, Independent Bank is committed to offering its employees benefits that promote work-life balance and professional development.

Highest Paying Roles

Some of the highest-paying jobs at Independent Bank include roles in finance and management, which typically offer salaries above the average. Furthermore, by focusing on skill development and career advancement, Independent Bank ensures that its employees are well-equipped for future opportunities. This commitment to employee growth not only enhances job satisfaction but also helps to attract top talent in the banking industry.

Highest paying jobs at Independent Bank

The highest paying jobs at Independent Bank are sql bi developer, director, investment banking associate, and senior credit analyst. Sql bi developer jobs at Independent Bank earn an average yearly salary of $104,777, Independent Bank director jobs average $91,545, and Independent Bank investment banking associate jobs average $74,469.

The lowest paying Independent Bank roles include teller and cashier. Independent Bank teller average salary is $29,548 per year. So while the average Independent Bank salary is $46,029 there is a big variation in pay depending on the role.

Highest paying jobs at Independent Bank

RankJob titleAverage Independent Bank salaryHourly rate
1SQL BI Developer$104,777$50.37
2Director$91,545$44.01
3Investment Banking Associate$74,469$35.80
4Senior Credit Analyst$74,296$35.72
5Senior Analyst$72,895$35.05
6Founder$71,364$34.31
7Portfolio Manager$68,437$32.90
8Regional Vice President$67,201$32.31
9Business Development Executive$64,573$31.04
10Investment Consultant$63,116$30.34
11Talent Acquisition Partner$62,840$30.21
12Junior Underwriter$61,167$29.41
13Accountant$60,511$29.09
14Staff Auditor$59,705$28.70
15Paralegal$58,985$28.36
16Managing Partner$57,808$27.79
17GIS Technician$57,622$27.70
18Underwriting Specialist$56,533$27.18
19Project Coordinator$56,421$27.13
20Managing Member$55,091$26.49

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Average Independent Bank salary by state

Independent Bank pays the highest salaries in Michigan due to higher costs of living and competition in the state.

RankStateAverage Independent Bank salaryHourly rate
1Michigan$47,050$22.62
2Colorado$46,222$22.22
3Texas$44,984$21.63
4Tennessee$44,054$21.18

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Independent Bank salaries by department

Salaries at Independent Bank vary depending on the department you work in. Independent Bank salaries in the marketing department are the highest with an average salary of $85,661. Employees in the it department at Independent Bank receive relatively high salaries as well, with an average salary of $75,856 per year. Departments that don't pay as well at Independent Bank include the retail and the customer service organizational functions, with employees earning average salaries of $29,919 and $33,407, respectively.

Average Independent Bank salary by department

RankDepartmentAverage Independent Bank salaryHourly rate
1Marketing$85,661$41.18
2IT$75,856$36.47
3Business Development$74,821$35.97
4Engineering$71,646$34.45
5Corporate Management$64,071$30.80
6Human Resources$61,083$29.37
7Accounting$55,663$26.76
8Legal$55,657$26.76
9Finance$50,133$24.10
10Sales$47,795$22.98
11Administrative$42,809$20.58
12Customer Service$33,407$16.06
13Retail$29,919$14.38

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Best paying Independent Bank finance salaries

RankPositionAverage Independent Bank salaryHourly rate
1Investment Banking Associate$74,469$35.80
2Senior Credit Analyst$74,296$35.72
3Senior Analyst$72,895$35.05
4Portfolio Manager$68,437$32.90
5Investment Consultant$63,116$30.34
6Underwriting Specialist$56,533$27.18
7Blood Bank Assistant$47,608$22.89
8Finance Center Manager$45,120$21.69
9Finance Coordinator$44,070$21.19
10Loan Coordinator$43,819$21.07
11Loan Specialist$43,307$20.82
12Relationship Banker$39,352$18.92
13Personal Banking Assistant$38,726$18.62

Best paying Independent Bank retail salaries

RankPositionAverage Independent Bank salaryHourly rate
1Blood Bank Assistant$47,608$22.89
2Teller$29,549$14.21

Best paying Independent Bank customer service salaries

RankPositionAverage Independent Bank salaryHourly rate
1Customer Care Representative$33,602$16.15
2Service Representative$33,334$16.03
3Service Associate$33,085$15.91
4Customer Care Specialist$31,188$14.99

Independent Bank competitors’ average salaries

Average salaries at Independent Bank competitors, like Wedbush Securities, Credit Agricole CIB, and Leumi, vary. Wedbush Securities employees earn the highest salaries, with an average yearly salary of $99,905. The average salary at Credit Agricole CIB is $96,783 per year, and the average salary at Leumi is $82,917 per year.

Highest paying Independent Bank competitors

RankCompany nameZippia scoreAverage salary
1Wedbush Securities4.9$99,905
2Credit Agricole CIB4.9$96,783
3Leumi4.8$82,917
4Sterne Agee4.8$79,491
5FBR Capital Markets4.7$75,874
6Piper Jaffray4.8$73,442
7International Assets Advisory3.5$70,870
8Ferris Baker Watts4.0$70,136
9Private Wealth Management3.9$69,726
10Investments & Wealth Institute4.4$68,415
11HFP Corporation4.1$68,170
12Legacy Venture3.6$64,859
13Northstar Bank of Texas3.7$58,143
14Advisor Group3.9$57,380
15Federal Reserve Bank of Dallas4.9$52,831
16Pacific Continental Bank4.2$50,236
17Frost Bank4.9$41,980
18University Of Illinois Employees Credit Union4.2$41,451
19First Financial Bank4.2$35,190
20WeStreet Credit Union4.1$33,100

Frequently asked questions about Independent Bank salaries

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Zippia gives an in-depth look into the details of Independent Bank, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Independent Bank. The employee data is based on information from people who have self-reported their past or current employments at Independent Bank. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Independent Bank. The data presented on this page does not represent the view of Independent Bank and its employees or that of Zippia.

Independent Bank may also be known as or be related to Banks Group, INDEPENDENT BANK GROUP INC, Independent Bank, Independent Bank Group Inc and Independent Bank Group, Inc.