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Mechanics Savings Bank salaries
Mechanics Savings Bank salary estimate
$60,880yearly
Mechanics Savings Bank Salary Overview
The average salary at Mechanics Savings Bank is reported to be $60,880 annually. However, salaries differ greatly across various departments within the bank. For example, employees in the engineering department earn the highest average salary of $94,604 per year. This is significantly higher than the average salaries in customer service and retail roles, which hover around $35,374 and $35,409, respectively.
Comparing Competitors
When evaluating compensation, it’s beneficial to compare Mechanics Savings Bank with its competitors. For instance, First Bank of Manhattan averages $60,789, while McHenry Savings Bank and The Cooperative Bank of Cape Cod report averages of $58,564 and $55,784, respectively. This context highlights the competitive nature of banking salaries in the region.
Understanding these details can guide potential employees in assessing their options at Mechanics Savings Bank. Evaluating salary alongside departmental roles and competitor averages is crucial for making informed career decisions.
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Mechanics Savings Bank salaries by department
Salaries at Mechanics Savings Bank vary depending on the department you work in. Mechanics Savings Bank salaries in the engineering department are the highest with an average salary of $94,604. Employees in the it department at Mechanics Savings Bank receive relatively high salaries as well, with an average salary of $77,974 per year. Departments that don't pay as well at Mechanics Savings Bank include the customer service and the retail organizational functions, with employees earning average salaries of $35,374 and $35,409, respectively.
Average Mechanics Savings Bank salary by department
| Rank | Department | Average Mechanics Savings Bank salary | Hourly rate |
|---|---|---|---|
| 1 | Engineering | $94,604 | $45.48 |
| 2 | IT | $77,974 | $37.49 |
| 3 | Finance | $56,041 | $26.94 |
| 4 | Administrative | $41,164 | $19.79 |
| 5 | Retail | $35,409 | $17.02 |
| 6 | Customer Service | $35,374 | $17.01 |
Mechanics Savings Bank competitors’ average salaries
Average salaries at Mechanics Savings Bank competitors, like First Bank of Manhattan, McHenry Savings Bank, and The Cooperative Bank of Cape Cod, vary. First Bank of Manhattan employees earn the highest salaries, with an average yearly salary of $60,789. The average salary at McHenry Savings Bank is $58,564 per year, and the average salary at The Cooperative Bank of Cape Cod is $55,784 per year.
Highest paying Mechanics Savings Bank competitors
| Rank | Company name | Zippia score | Average salary |
|---|---|---|---|
| 1 | First Bank of Manhattan | 4.1 | $60,789 |
| 2 | McHenry Savings Bank | 3.9 | $58,564 |
| 3 | The Cooperative Bank of Cape Cod | 3.2 | $55,784 |
| 4 | Commercial Bank Of Texas | 3.8 | $55,778 |
| 5 | Middletown Valley Bank | 3.2 | $55,773 |
| 6 | Woodland Bank | 3.3 | $55,382 |
| 7 | Bell Bank | 4.2 | $55,238 |
| 8 | Fleetwood Bank | 3.1 | $53,509 |
| 9 | Bank of America | 4.7 | $53,211 |
| 10 | Fifth Third Bank | 4.6 | $48,033 |
| 11 | U.S. Bank | 4.6 | $46,793 |
| 12 | Bangor Savings Bank | 3.8 | $45,270 |
| 13 | CenterState Bank | 4.3 | $45,058 |
| 14 | Csb Bank | 4.2 | $41,886 |
| 15 | Wells Fargo | 4.6 | $41,599 |
| 16 | Camden National Bank | 3.5 | $40,942 |
| 17 | Androscoggin Bank | 3.9 | $40,269 |
| 18 | Exchange Bank | 4.7 | $40,121 |
| 19 | Park National Bank | 3.8 | $37,988 |
| 20 | AuburnBank | 3.9 | $37,024 |
Recently added Mechanics Savings Bank salaries
| Job | Location | Date added | Salary |
|---|---|---|---|
| SR. Universal Banker | Bakersfield, CA | 06/27/2025 | $43,827 |
| Branch Manager | Walnut Creek, CA | 06/27/2025 | $71,500 |
| Banking Services Officer | Seaside, CA | 06/17/2025 | $68,640 |
| Banking Services Lead | Bakersfield, CA | 06/16/2025 | $43,827 |
| Chief Fiduciary Counsel | San Francisco, CA | 06/16/2025 | $185,000 |
Frequently asked questions about Mechanics Savings Bank salaries
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Zippia gives an in-depth look into the details of Mechanics Savings Bank, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Mechanics Savings Bank. The employee data is based on information from people who have self-reported their past or current employments at Mechanics Savings 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 Mechanics Savings Bank. The data presented on this page does not represent the view of Mechanics Savings Bank and its employees or that of Zippia.
Mechanics Savings Bank may also be known as or be related to Mechanics Savings Bank.