Consultants:

Regional & Community Banking Compensation Survey

We help banks and credit unions understand market pay practices and assess their competitive position. The Regional & Community Bank Survey is the largest U.S. compensation survey of its kind and provides customized and comprehensive data on salary, bonus, commissions, long-term incentives for 800+ bank and credit union positions.

Largest
Survey of U.S. banks above $1B in assets

Custom
Results show your firm compared to the market

Specific
To your organization's size and structure

Flexible
Interactive Excel Tool to analyze market data

 

Focused Expertise

A dynamic competitive landscape requires comprehensive compensation market data to ensure you have the insights you need to drive business decision-making.  Our team focuses on regional & community banks and credit unions and produces an annual compensation survey spanning:


313
Public and Private Banks, Thrifts, and Credit Unions


245,000+
Incumbents with Reported Results


850+
Jobs with
Reported Results

To view past survey participants, please click here.

Comprehensive Compensation Market Data

Our compensation survey is designed to help community & regional banks and credit unions set pay with confidence across key rewards elements. The compensation details covered in our survey include:

  • Bonus
  • Commissions
  • Departmental Headcount Analysis
  • Firm-Wide Salary Spend Analysis
  • Infrastructure Staffing Ratios
  • Long-term Incentives
  • Salary
  • Target Incentives

Market compensation reports are broken out by scoping factors such as assets, revenue, number of employees, and geographic pay differentials.

To view sample results from the compensation survey, please click here.

All Key Positions Benchmarked

The McLagan Regional and Community Banking Compensation Survey provides details on 850+ positions. We include roles within the following functions:

  • Administrative Support
  • Administration and Financial Management
  • Audit, Finance, Accounting, and Treasury
  • Bank Management
  • Business Development
  • Business Management
  • Branch Delivery
  • Communications and Marketing
  • Corporate and General Services
  • Digital / Online Banking
  • Human Resources
  • Information Technology
  • Legal and Compliance
  • Lending
  • Operations
  • Project Management
  • Risk Management
  • Specialty Services
  • Top Management
  • Training
  • Underwriting, Credit, and Workout

We offer the ability to see your own internal titles and compensation values in reports, creating a more customized view of data.

Holistic, Customized, and Interactive Reporting

Our compensation survey provides key views of data in fast, flexible, and customized manner. We offer the ability to define custom peer groups to ensure you are seeing the results of your firm in comparison to the market in an accurate manner.

Our reports are delivered in multiple formats via secure online portals and we provide an Interactive Excel Tool that allows you to select and view survey data and job descriptions by either the survey job title or you internal job title.

Line of Business Compensation Surveys

Our broader team at McLagan provides extensive compensation intelligence in targeted areas that we find our clients benefit from participating in. Some of the surveys that we find regional and community banks interested in include:

  • U.S. Commercial Real Estate Finance: We provide data on professionals across the major functions and areas of the commercial real estate finance in partnership with the MBA. For more information, click here.
  • U.S. Insurance Brokerage: We provide compensation statistics across the full range of insurance brokerage firms, how firms drive recruiting and retention, and annual budget planning for year-end compensation process. For more information, click here.
  • U.S. Middle Market Corporate Banking: This survey focuses on clients with annual sales between $20 and $500 million, providing compensation level benchmarking and a productivity study that benchmarks originator performance data linked to reward intelligence. For more information, click here.
  • U.S. Residential Mortgage Banking: Our survey provides data on professionals across major functions within the mortgage banking industry. We collect data by function, specialization, business or product group, and distribution channel. Clients of this survey also have the opportunity to explore our Mortgage Sales Effectiveness Platform, viewing the link between business performance and reward. For more information, click here.
  • U.S. Private Banking: We benchmark compensation for client team and support positions at private banks within the United States. We also provide select cuts for client team positions among select groups of financial services firms. For more information, click here.

We will be able to assist you with the pricing of individual surveys within the regional and community banking survey suite. If you have questions regarding these surveys, please contact us.

Survey Pricing, Access, and Support

Fees for McLagan compensation surveys vary based on size of firm.

Survey purchases include 24/7 access to the McLagan Online client portal. This puts survey results and insights in reach at all times.

All survey clients are assigned a dedicated Relationship Manager to provide benchmarking support during the survey input, position and employee level analysis, and access to webinars and roundtables where clients receive the latest in hot topics in the market and networking opportunities with industry peers. We provide a variety of rewards and compensation advisory solutions to assist clients with their compensation, performance, and talent strategies.