President & Chief Executive Officer Salary at 1St Trust Bank Inc BETA

How much does a 1St Trust Bank Inc President & Chief Executive Officer make?

As of April 2025, the average annual salary for a President & Chief Executive Officer at 1St Trust Bank Inc is $599,888, which translates to approximately $288 per hour. Salaries for President & Chief Executive Officer at 1St Trust Bank Inc typically range from $457,750 to $757,581, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

1st Trust Bank Inc Overview

Website:
1tbi.com
Size:
<25 Employees
Revenue:
$5M - $10M
Industry:
Financial Services

Prior to 2004, some Hazard banks have been acquired by regional multi-bank holding companies headquartered outside of Hazard. In many cases, these acquisitions and consolidations have been accompanied by fee changes, management and personnel changes, branch closings, and the dissolution of local boards of directors. This resulted in a decline in the level of personalized customer service. In the opinion of the Organizers, this situation created a favorable opportunity for a new commercial bank to attract those customers who prefer to conduct business with a locally managed institution that demonstrates an active interest in their businesses and personal financial affairs. It is believed that a locally managed institution will be better able to deliver more timely responses to customer requests, provide customized financial products and services, and offer the personal attention of its senior banking officers. On June 2, 2004, the Organizers filed an application with the KOFI for permission to operate a state-chartered bank, as well as an application with the FDIC for deposit insurance for Bank deposits. On December 13, 2004 KOFI and the FDIC granted 1st Trust Bank their banking charter and insurance. A ribbon cutting ceremony was held Tuesday December 14, 2004, to announce the opening of the newest locally owned bank in Hazard, Kentucky. Nearly seven years after opening in Hazard, 1st Trust Bank began construction in a new market, this time in London, KY. On October 26, 2012 1st Trust Bank opened its doors not only to existing Laurel County customers, but to the thousands we plan to serve in the future. Most recently, 1st Trust Bank has opened a full service location in Richmond, Ky on July 15th, 2015. 1st Trust Bank is very excited to enter the Madison and surrounding county markets to further serve customers looking for a community bank experience and to be treated as a valued customer. return to top

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What Skills Does a person Need at 1St Trust Bank Inc?

At 1St Trust Bank Inc, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
  2. Planning: An act or process of making or carrying out plans. Establishment of goals, policies, and procedures for a social or economic unit city planning business planning.
  3. Initiative: Taking decisive action and initiating plans independently to address problems, improve professional life, and achieve goals.
  4. Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  5. Futures: Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.

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Check more jobs information at 1St Trust Bank Inc

Job Title Average 1St Trust Bank Inc Salary Hourly Rate
2 Credit Analyst $48,596 $23
3 Underwriter $67,058 $32
4 Agent Commercial $70,304 $34
5 Insurance Administrator $33,410 $16
6 Loan Processor $32,793 $16
7 Teller $25,782 $12
8 Vice President and Mortgage $185,786 $89
9 Manager, Operations & Administration $107,297 $52
10 Market President $161,968 $78
11 Mortgage Loan Underwriter $51,305 $25
12 Bank Teller $25,782 $12

Hourly Pay at 1St Trust Bank Inc

The average hourly pay at 1St Trust Bank Inc for a President & Chief Executive Officer is $288 per hour. The location, department, and job description all have an impact on the typical compensation for 1St Trust Bank Inc positions. The pay range and total remuneration for the job title are shown in the table below. 1St Trust Bank Inc may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $599,888 look to you?

FAQ about Salary and Jobs at 1St Trust Bank Inc

1. How much does 1St Trust Bank Inc pay per hour?
The average hourly pay is $288. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at 1St Trust Bank Inc?
According to the data, the highest approximate salary is about $757,581 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at 1St Trust Bank Inc?
According to the data, the lowest estimated salary is about $457,750 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.