Paramount Bank Salary

As of April 2026, the average annual salary for employees at Paramount Bank in the United States is $85,708. This translates to an approximate hourly wage of $41. Salaries at Paramount Bank typically range from $75,155 to $97,291 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Paramount Bank Pay for Different Roles?

Explore detailed salary information for specific jobs at Paramount Bank. Based on our data, the highest paying job is the Business Anaylst, with an annual salary of $136,585. The table below outlines the annual salary ranges for most popular roles within the company.

Digital Services Specialist

$34,932 / year

Salary Range: $31,525 - $38,948

Security Services

Contact Center Agent

$86,351 / year

Salary Range: $75,884 - $100,095

Sales

Fraud and Security Specialist

$91,520 / year

Salary Range: $78,966 - $105,937

Security Services

Digital Support Agent

$69,758 / year

Salary Range: $61,896 - $78,750

Construction

Business Anaylst

$136,585 / year

Salary Range: $115,388 - $156,730

Library

Digital Banking Agent

$69,758 / year

Salary Range: $61,896 - $78,750

Construction

Turn Insight into Opportunity: Current Job Openings

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About Paramount Bank: Company Profile

Website
www.paramountbank.com
Founded In
1970
Employees
100 - 200 employees
Industry
Financial Services
Headquarter Location
SAINT LOUIS
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About PARAMOUNT BANK
Founded in 1970, Paramount Bank is a full service, independent bank specializing in originating, underwriting and funding residential mortgage loans. Our headquarters is in St. Louis, Missouri and we can lend in all 50 states. Paramount provides Fannie Mae, Freddie Mac, FHA, VA, 203(K), USDA, reverse mortgages as well as a full suite of jumbo and other portfolio loan products and programs. By proc

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Paramount Bank's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
Employees are encouraged to take initiative and recognized for their efforts regularly. Working with skilled peers elevates everyone's performance. Managers regularly assess team capacity. Flexible hours and remote work options enhance work-life balance. The leadership team is professional and approachable.
Community involvement is a point of pride. The leadership team at this financial institution is truly inspiring. Work-life balance depends on project deadlines. Benefits cover basic needs but aren’t particularly generous compared to industry leaders.
My contributions are acknowledged, and my well-being is a genuine priority for leadership. Job roles are clearly defined, but cross-training is rare. Performance reviews are fair and developmental. Compensation and benefits are competitive, including strong retirement plans and wellness programs. The team culture promotes growth and recognizes contributions. Clients trust us because of our ethical...
Working here has exceeded my expectations. There’s a strong team dynamic that drives results without sacrificing morale. Mental health coverage is robust. I appreciate the company’s commitment to ethical practices and client satisfaction, making it a rewarding place to grow professionally.
Corporate communications are professional yet engaging. Communication across the company is clear and consistent. Despite its large size, teams work seamlessly across different divisions and geographical locations.

Is Paramount Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Paramount Bank's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
PARTNERS IN MORTGAGE $89,000
+3.8%
Reflects structural premiums typical of PARTNERS IN MORTGAGE's large-cap national operations.
PAWN DOG $91,386
+6.6%
Data suggests PAWN DOG's workforce skews heavily towards veteran, high-tenure roles.
PADGEN INSTITUTE $81,472
-4.9%
PADGEN INSTITUTE focuses strategically on recruiting and training entry-level apprentices.
PACEFG $84,405
-1.5%
Suggests PACEFG utilizes a highly similar base-plus-benefits compensation model.
Financial Services Industry $121,514
+41.8%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

What Is the Cost of Living Near Saint Louis?

Understanding the cost of living near Saint Louis is key to truly evaluating a salary offer or your current compensation at Paramount Bank.
Saint Louis' Cost of Living Index is approximately 83.8 (16.2% less expensive than US average; 5.8% less than MO average). Major city, Gateway Arch, affordable housing, MetroLink/Bus. When planning your budget based on a salary from Paramount Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $900 - $1,400+ A significant portion of Paramount Bank salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $78 (Metro monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $680+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $670+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,208 - $3,548+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Paramount Bank

FAQ 1: How much does Paramount Bank in the United States pay?
Paramount Bank pays its employees an average of $85,708 per year. The average salary at Paramount Bank range from $75,155 to $97,291 per year. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills and location.
FAQ 2: Do Paramount Bank employees get a higher salary than its peer company?
The salary at Paramount Bank is lesser than its peer company. The average annual salary at Paramount Bank is $85,708, or an hourly wage of $41, in comparison to PARTNERS IN MORTGAGE which pays $89,000 per year or $43 per hour.
FAQ 3: How much does salary increase with years of experience at Paramount Bank?
Salary progression with years of experience at Paramount Bank is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.
FAQ 4: Do salaries at Paramount Bank vary by office location?
Yes, it's very likely that salaries at Paramount Bank vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Saint Louis section provides more context.
FAQ 5: Does Paramount Bank offer good benefits?
Paramount Bank typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Paramount Bank" section on this page.