President & Chief Executive Officer Salary at Homestead Savings Bank BETA

How much does a Homestead Savings Bank President & Chief Executive Officer make?

As of April 2025, the average annual salary for a President & Chief Executive Officer at Homestead Savings Bank is $677,456, which translates to approximately $326 per hour. Salaries for President & Chief Executive Officer at Homestead Savings Bank typically range from $516,998 to $855,632, 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.

Homestead Savings Bank Overview

Website:
hsbank.bank
Size:
<25 Employees
Revenue:
$5M - $10M
Industry:
Financial Services

Homestead Savings Bank is a full service financial institution with locations in Albion, Leslie, Springport, and Eaton Rapids, Michigan. We offer a wide array of products and services and have found that by working closely with the community we can continue our success while helping to promote and maintain the financial successes of our customers. Our long-standing dedication to our communities has involved us in numerous projects. We support these projects through monetary commitments, donations of staff time, and critical expertise. Many of the projects that we involve ourselves in relate to the overall health and well-being of the housing situation in Albion, Leslie, and the surrounding communities. Homestead is dedicated to the continuation of providing affordable housing loans to customers in its markets. Much of what we do financially and as a bank is centered on the continued development of the local communities in which we do business. Our main concern is and always has been the individuals, families, and businesses in our service area. Most of our loans go to community members for houses, home improvements, automobiles, and other worthy causes. Homestead was founded in 1889 with a strong emphasis on customer and community service. This rich tradition continues today with a dedicated staff and an ever-increasing array of financial products and services. If you are interested in more of the history of Homestead Savings Bank please feel free to call us at 1-800-332-7694. Or, better yet stop by and have a cup of coffee, we would enjoy the opportunity to meet with you.

See similar companies related to Homestead Savings Bank

What Skills Does a person Need at Homestead Savings Bank?

At Homestead Savings Bank, 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 Homestead Savings Bank

Job Title Average Homestead Savings Bank Salary Hourly Rate
2 Credit Manager $88,871 $43
3 Head Teller $33,200 $16
4 Loan Servicer $34,139 $16
5 Vice President & Chief Financial Officer $353,196 $170
6 Branch Supervisor $71,636 $34
7 Compliance Audit Specialist $62,820 $30
8 Management Trainee $105,606 $51
9 Senior Vice President and Chief Operating Officer $395,201 $190
10 Teller $29,116 $14
11 Bank Teller $29,116 $14
12 Corporate Secretary $188,959 $91
13 Accounting Assistant $39,829 $19

Hourly Pay at Homestead Savings Bank

The average hourly pay at Homestead Savings Bank for a President & Chief Executive Officer is $326 per hour. The location, department, and job description all have an impact on the typical compensation for Homestead Savings Bank positions. The pay range and total remuneration for the job title are shown in the table below. Homestead Savings Bank may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $677,456 look to you?

FAQ about Salary and Jobs at Homestead Savings Bank

1. How much does Homestead Savings Bank pay per hour?
The average hourly pay is $326. 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 Homestead Savings Bank?
According to the data, the highest approximate salary is about $855,632 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 Homestead Savings Bank?
According to the data, the lowest estimated salary is about $516,998 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.