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Premier Financial Bancorp Overview

Premier Financial Bancorp, Inc., a multi-bank holding company, provides community banking services to individuals and small-to-medium sized businesses. The company accepts various deposit products, including checking, NOW, savings, money market, club, individual retirement, and overdraft protection accounts, as well as certificates of deposit. Its loan products include loans for purchasing personal residences or loans for commercial or consumer purposes secured by residential mortgages; financing for automobile; personal loans, such as unsecured lines of credit; commercial loans that are secured by business assets consisting of real estate, equipment, inventory, and accounts receivable; commercial real estate development loans; commercial real estate loans; and agricultural loans. The company also provides depository and funds transfer services; collections; safe deposit boxes; cash management services; and bill payment, remote deposits, and telephone banking services. As of March 5, 2017, it operated 10 banking offices in Kentucky, 3 banking offices in Ohio, 24 banking offices in West Virginia, 4 banking offices in Washington DC, 1 banking offices in Maryland, and 4 banking offices in Virginia. Premier Financial Bancorp, Inc. was founded in 1991 and is headquartered in Huntington, West Virginia.
The staff at Premier Financial Bancorp come from unusually diverse demographic backgrounds. The company is 49.4% female and 43.6% ethnic minorities. Premier Financial Bancorp employees are more likely to be members of the Republican Party than the Democratic Party, with 60.0% of employees identifying as members of the Republican Party. But those numbers could change quickly because the turnover rate at Premier Financial Bancorp is relatively high. Employees at Premier Financial Bancorp stay with the company for an average of 2.9 years before leaving. The average employee at Premier Financial Bancorp makes $55,022 per year. In comparison, some of its highest paying competitors, like Eaton Vance, Spectrum Financial, and First Business Financial Services, pay $79,718, $65,056, and $62,846, respectively.
Based in West Virginia, Premier Financial Bancorp is a medium-sized finance company with 356 employees and a revenue of $63.0M.

The Organization’s Mission

Focused on meeting the financial needs of the cities and towns we serve.

Industry

Finance

Revenue

$63.0M

Employees

356

Founded in

1991

Headquarters

Huntington, WV

Website

premierbankinc.com

Organization Type

Public

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Premier Financial Bancorp Rankings

Premier Financial Bancorp is ranked #12 on the Best Companies to Work For in West Virginia list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

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Premier Financial Bancorp Salaries

How much does Premier Financial Bancorp pay?
The national average salary for a Premier Financial Bancorp employee in the United States is $55,022 per year. Employees in the top 10 percent can make over $113,000 per year, while employees at the bottom 10 percent earn less than $26,000 per year.
9.4
Salary Score
Average Employee Earnings

Premier Financial Bancorp Salaries By Job Title

While the average employee salary at Premier Financial Bancorp is $55,022, there is a big variation in pay depending on the role. Some of the job titles with high salaries at Premier Financial Bancorp are principal, senior associate, estate planner, and systems manager. A typical principal salary at Premier Financial Bancorp is $186,084. To get a better sense of the salaries at Premier Financial Bancorp, other roles such as receptionist and data entry clerk can be considered as well. For comparison, the title receptionist at Premier Financial Bancorp earns $25,652 per year.
Title
Average Salary
Principal
Salary Range161k - 214k$186k$186,084
Senior Associate
Salary Range121k - 169k$144k$143,803
Estate Planner
Salary Range103k - 139k$120k$120,372
Systems Manager
Salary Range79k - 146k$108k$107,961
Finance Supervisor
Salary Range89k - 98k$94k$93,618
Director Of Sales And Marketing
Salary Range83k - 104k$93k$93,388
Life Insurance Agent
Salary Range79k - 102k$90k$90,326
Sales Support Associate
Salary Range77k - 92k$85k$84,679
Senior Loan Processor
Salary Range62k - 88k$74k$74,173
Loan Officer
Salary Range50k - 106k$73k$72,932
$41k
$214k

Premier Financial Bancorp Careers

On average, employees at Premier Financial Bancorp stay with the company for 2.9 years. Employees most commonly join Premier Financial Bancorp after leaving FedEx. When they leave Premier Financial Bancorp, they most frequently get their next job at Wells Fargo.

Average Length of Employment

Brown & Brown
2.9 years

Top Employers Before Premier Financial Bancorp

FedEx
7.4 %
P J Co
7.4 %
Target
5.6 %

Top Employers After Premier Financial Bancorp

Comcast
6.2 %
Gartner
6.2 %
Walmart
6.2 %

Premier Financial Bancorp Employee Demographics

9.8
Diversity Score
We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce.

Premier Financial Bancorp Employees Education

Of the 356 employees at Premier Financial Bancorp, 10.8% attended University of Maryland - College Park. Employees at Premier Financial Bancorp most frequently majored in Business, and most employees’ highest level of education is a Bachelors.

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Premier Financial Bancorp Financial Performance

6.3
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Revenue

$10M - $100M

Founded in

1991

Organization type

Public

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Premier Financial Bancorp Competitors

Some of the competitors of Premier Financial Bancorp are Eaton Vance, Spectrum Financial, and First Business Financial Services. Employees at Eaton Vance earn more than most of the competition, with an average yearly salary of $79,718. The salaries at Spectrum Financial average $65,056 per year, and the salaries at First Business Financial Services come in at $62,846 per year.
Company
Average Salary
Eaton Vance
Salary Range57k - 109k$80k$79,718

Spectrum Financial

Salary Range43k - 96k$65k$65,056
First Business Financial Services
Salary Range41k - 94k$63k$62,846

Summit Financial Group

Salary Range41k - 90k$61k$61,008

FOCUS FINANCIAL PARTNERS

Salary Range39k - 87k$59k$58,541
Heritage Financial
Salary Range39k - 86k$58k$58,016

HOWE GROUP

Salary Range38k - 86k$58k$57,824

Capstone Financial Group

Salary Range36k - 84k$56k$56,000

FIRST CALIFORNIA FINANCIAL GROUP

Salary Range36k - 82k$55k$54,928

BOSTON FINANCIAL GROUP

Salary Range35k - 82k$54k$53,990
$32k
$109k

Frequently Asked Questions about Premier Financial Bancorp

When was Premier Financial Bancorp founded?

Premier Financial Bancorp was founded in 1991.

How many Employees does Premier Financial Bancorp have?

Premier Financial Bancorp has 356 employees.

How much money does Premier Financial Bancorp make?

Premier Financial Bancorp generates $63.0M in revenue.

What industry is Premier Financial Bancorp in?

Premier Financial Bancorp is in the finance industry.

What is Premier Financial Bancorp's mission?

Premier Financial Bancorp's mission statement is "Focused on meeting the financial needs of the cities and towns we serve."

What type of company is Premier Financial Bancorp?

Premier Financial Bancorp is a public company.

Who are Premier Financial Bancorp's competitors?

Premier Financial Bancorp competitors include Williston Financial Group, Summit Financial Group, Universal Financial Group, The Legacy Group with LeaderOne Financial, Eaton Vance, Omega Financial Svc, GATEWAY FINANCIAL SERV, FOCUS FINANCIAL PARTNERS, Brown & Brown, HOWE GROUP, Madison Financial, Phoenix Financial, Premier Financial Group, First Business Financial Services, Alliance Financial Group, BOSTON FINANCIAL GROUP, Heritage Financial, FIRST CALIFORNIA FINANCIAL GROUP, Capstone Financial Group, Spectrum Financial.

Where is Premier Financial Bancorp's headquarters?

Premier Financial Bancorp's headquarters is in Huntington, WV.

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Updated December 31, 2020

Zippia gives an in-depth look into the details of Premier Financial Bancorp, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Premier Financial Bancorp. The employee data is based on information from people who have self-reported their past or current employments at Premier Financial Bancorp. 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. The data presented on this page does not represent the view of Premier Financial Bancorp and its employees or that of Zippia.

Premier Financial Bancorp may also be known as or be related to Premier Financial Bancorp Inc, PREMIER FINANCIAL BANCORP INC and Premier Financial Bancorp, Inc.