Workers' Comp Rates for Banks and Trust Companies - All Employees (Class Code 8855)
Description
Covers bank employees including tellers, loan officers, managers, and back-office staff.
Common Businesses
Commercial banksCommunity banksTrust companiesSavings banksOnline banks
Hazard Group
A
National Avg Rate
$0.18
per $100 payroll
Most Expensive States
- New York$0.25
- Alaska$0.24
- California$0.23
Rates by State for Class Code 8855
| State | Rate per $100 | vs. National Avg | Effective |
|---|---|---|---|
| Indiana | $0.13 | -0.05 | 2026-01-01 |
| Texas | $0.14 | -0.04 | 2026-01-01 |
| Utah | $0.14 | -0.04 | 2026-01-01 |
| Virginia | $0.14 | -0.04 | 2026-01-01 |
| Arkansas | $0.15 | -0.03 | 2026-01-01 |
| Colorado | $0.15 | -0.03 | 2026-01-01 |
| North Dakota | $0.15 | -0.03 | 2026-01-01 |
| Tennessee | $0.15 | -0.03 | 2026-01-01 |
| Arizona | $0.16 | -0.02 | 2026-01-01 |
| Idaho | $0.16 | -0.02 | 2026-01-01 |
| Kansas | $0.16 | -0.02 | 2026-01-01 |
| Mississippi | $0.16 | -0.02 | 2026-01-01 |
| Nebraska | $0.16 | -0.02 | 2026-01-01 |
| North Carolina | $0.16 | -0.02 | 2026-01-01 |
| South Dakota | $0.16 | -0.02 | 2026-01-01 |
| Wyoming | $0.16 | -0.02 | 2026-01-01 |
| Iowa | $0.17 | -0.01 | 2026-01-01 |
| Kentucky | $0.17 | -0.01 | 2026-01-01 |
| New Mexico | $0.17 | -0.01 | 2026-01-01 |
| Ohio | $0.17 | -0.01 | 2026-07-01 |
| South Carolina | $0.17 | -0.01 | 2026-01-01 |
| Alabama | $0.18 | +0.00 | 2026-01-01 |
| Georgia | $0.18 | +0.00 | 2026-01-01 |
| Maryland | $0.18 | +0.00 | 2026-01-01 |
| Minnesota | $0.18 | +0.00 | 2026-01-01 |
| Missouri | $0.18 | +0.00 | 2026-01-01 |
| Nevada | $0.18 | +0.00 | 2026-01-01 |
| New Hampshire | $0.18 | +0.00 | 2026-01-01 |
| Oregon | $0.18 | +0.00 | 2026-01-01 |
| West Virginia | $0.18 | +0.00 | 2026-01-01 |
| Delaware | $0.19 | +0.01 | 2026-01-01 |
| Maine | $0.19 | +0.01 | 2026-01-01 |
| Michigan | $0.19 | +0.01 | 2026-01-01 |
| Rhode Island | $0.19 | +0.01 | 2026-01-01 |
| Vermont | $0.19 | +0.01 | 2026-01-01 |
| Wisconsin | $0.19 | +0.01 | 2026-01-01 |
| District of Columbia | $0.20 | +0.02 | 2026-01-01 |
| Florida | $0.20 | +0.02 | 2026-01-01 |
| Illinois | $0.20 | +0.02 | 2026-01-01 |
| Massachusetts | $0.20 | +0.02 | 2026-01-01 |
| Montana | $0.20 | +0.02 | 2026-01-01 |
| Oklahoma | $0.20 | +0.02 | 2026-01-01 |
| Washington | $0.20 | +0.02 | 2026-01-01 |
| Connecticut | $0.21 | +0.03 | 2026-01-01 |
| Louisiana | $0.21 | +0.03 | 2026-01-01 |
| Hawaii | $0.22 | +0.04 | 2026-01-01 |
| New Jersey | $0.22 | +0.04 | 2026-01-01 |
| Pennsylvania | $0.22 | +0.04 | 2026-01-01 |
| California | $0.23 | +0.05 | 2026-01-01 |
| Alaska | $0.24 | +0.06 | 2026-01-01 |
| New York | $0.25 | +0.07 | 2026-01-01 |
Related Class Codes
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