What's the average compensation or salary for a Financial Institution Specialist at FDIC?

What's the average compensation or salary for a Financial Institution Specialist at FDIC?
2018-08-13T17:32:56Z 1
2018-08-13T17:32:56Z

Financial Institution Specialist at Federal Deposit Insurance Corporation

almost 2 years ago
Compensation is mostly salary based Salary: Base Salary: ~$50,000 per year Locality Adjustment: ~$7500 added to your salary on average. Working in CT, I received a $10000 locality adjustment Additional Compensation: Mileage: ~$0.55 per mile (when the bank you are traveling to is 20 miles or more away from your home of record and home office) - if you're working in the mid-west, this can rack up a lot! Even working on the east coast, I probably received an additional $7500-$12000 in compensation after subtracting gas and maintenance from my vehicle Nights Out: $40 per night after 25 nights and $70 per night after 50 nights (received as a bonus annually) Retirement: 100% match on the first 5% of an IRA and 100% match on the first 5% of a Roth IRA Misc: there's other ways FDIC financially compensates you that I can't recall at this time... basically, Congress authorized FDIC to pay its employees in excess of typical government pay scales to mitigate FDIC employees being poached by the banking industry.
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