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Working At State Street Bank

Zippia Score 3.9

State Street Bank overview

As the area's oldest community bank, State Street Bank provides superior products and services with the customer service that only a community bank can provide.
The staff at State Street Bank come from unusually diverse demographic backgrounds. The company is 32.4% female and 38.5% ethnic minorities. The diversity in State Street Bank employees extends to employee political beliefs. Its employees are politically diverse and represent a balanced blend of political orientations, with 50.0% Democrats and 48.1% Republicans. Despite their political differences, employees at State Street Bank seem to be happy. The company has great employee retention with staff members usually staying for 3.5 years. The average employee at State Street Bank makes $85,492 per year. Pay at State Street Bank is significantly lower than some of its highest paying competitors, like Boston Consulting Group, Nomura, and Populus Group, which pay $124,170, $109,620, and $108,458, respectively.
Based in Illinois, State Street Bank is a small professional company with only 240 employees and an annual revenue of $30.0M.

Industry

Professional Services

Revenue

$30.0M

Employees

240

Founded in

1890

Headquarters

Quincy, IL

Website

statestreetbank.com

Website

statestreetbank.com

Organization Type

Private

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State Street Bank Rankings

State Street Bank is ranked #6 on the Best Companies to Work For in Quincy, IL 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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State Street Bank Salaries

How much does State Street Bank pay?
The national average salary for a State Street Bank employee in the United States is $85,492 per year. Employees in the top 10 percent can make over $141,000 per year, while employees at the bottom 10 percent earn less than $51,000 per year.
9.2
Salary Score
Average Employee Earnings

State Street Bank Salaries By Job Title

While State Street Bank employees earn an average yearly salary of $85,492, different roles can command different wages. Some of the positions that earn high wages at State Street Bank include Account Manager, Senior Software Engineer, Project Leader, and Consultant-Application Development. A worker with the title Account Manager salary at State Street Bank can earn an average yearly salary of $124,717. Some of the other roles at State Street Bank are Service Representative and Transfer Agent. A worker with the title Service Representative at State Street Bank earns an average salary of $35,908 per year.

State Street Bank careers

On average, employees at State Street Bank stay with the company for 3.5 years. Employees most commonly join State Street Bank after leaving Fidelity Investments. When they leave State Street Bank, they most frequently get their next job at JPMorgan Chase.

Average Length of Employment

State Street Bank

3.5 years
Top Employers Before State Street Bank
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State Street Bank Employee Political Affiliation

State Street Bank employees are most likely to be members of the Democratic Party. The largest donation made to a political party by a State Street Bank employee was by Richard Donahue. Richard Donahue donated $22,700 to the Republican Party.

Democratic Party

50.0 %

Republican Party

48.1 %

Libertarian Party

1.9 %

Employee Political Donations

NameDonation
Richard DonahueInvestment Services
$22,700Republican Party
Clifford LewisExecutive Vice President
$13,250Republican Party
Rodney YoshidaExecutive
$10,100Republican Party
Steve BacklundOwner
$6,000Republican Party
James PhalenBanking
$5,000Republican Party
David GutschenritterCommercial Banker
$4,000Republican Party
George SullivanFinance Service Specialist
$3,000Republican Party
Jeff ConwayVice President
$3,000Republican Party
Scott FitzgeraldFinance Service Specialist
$3,000Republican Party
Phil GillespieLawyer
$2,700Democratic Party
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State Street Bank Financial Performance

4.4
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

1890

Organization type

Private

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State Street Bank Competitors

Some of the competitors of State Street Bank are Boston Consulting Group, Nomura, and Populus Group. The average salaries at Boston Consulting Group rank the highest, with their employees earning an average salary of $124,170 per year. The salaries at Nomura average $109,620 per year, and the salaries at Populus Group come in at $108,458 per year.

Frequently Asked Questions about State Street Bank

When was State Street Bank founded?

State Street Bank was founded in 1890.

How many Employees does State Street Bank have?

State Street Bank has 240 employees.

How much money does State Street Bank make?

State Street Bank generates $30.0M in revenue.

What industry is State Street Bank in?

State Street Bank is in the professional services industry.

What type of company is State Street Bank?

State Street Bank is a private company.

Who are State Street Bank's competitors?

State Street Bank competitors include State Street Corporation, The Bank of New York Mellon, Morgan Stanley, KPMG, PricewaterhouseCoopers, Mastech Digital, Sei, Deloitte, Boston Consulting Group, Kforce, Nomura, Headstrong Corp, CFR - Capital Finance Recruiters, Inc., McKinsey & Company Inc., Populus Group, JPMorgan Chase, The Standard, FIS, Capgemini, TEKsystems.

Where is State Street Bank's headquarters?

State Street Bank's headquarters is in Quincy, IL.

What is State Street Bank's website?

You can find the State Street Bank website at statestreetbank.com.

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You can find out what it is like to work at State Street Bank, also known as BACKLUND INVESTMENT CO, Backlund Investment Co., State Street Bank and State Street Bank and Trust Company.

Zippia gives an in-depth look into the details of State Street Bank, including salaries, political affiliations, employee data, and more, in order to inform job seekers about State Street Bank. The employee data is based on information from people who have self-reported their past or current employments at State Street Bank. 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 State Street Bank and its employees or that of Zippia.