Varo Bank N.A. H-1B wage filings

San Francisco, CA. Filings decided July 2025 to June 2026.

Varo Bank N.A. filed 18 wage applications for H-1B and similar visas from July 2025 to June 2026. The median wage it offered was $194,417, 11.9% above the government's prevailing wage for the same jobs.

Filings
18
Positions covered
18
Certified
100.0%
Job titles
14
Worksite cities
9
Filings since FY2021
111
Median offer change since FY2021
+24%

Offered wage since 2021

Varo Bank N.A.'s median H-1B wage offer rose 24%, from $159,702 in fiscal 2021 to $198,000 in fiscal 2026 so far. In fiscal 2026 it was 13.5% above the prevailing wage. Its busiest full year was fiscal 2022, with 31 filings.

Middle half of offered wagesMedian offered wageMedian prevailing wageFilings per year

$120k$140k$160k$180k$200k$220k$160k$188k$175k$192k$191k$198k132021312022172023212024162025132026*

Fiscal years run October to September. Fiscal 2026 is still running: these figures cover October 2025 to June 2026.

Varo Bank N.A. by fiscal year

Fiscal yearFilingsMedian offeredvs year beforeMedian prevailingvs prevailing
2026 (Oct to Jun)13$198,000+3.7%$163,550+13.5%
202516$190,944−0.4%$156,562+10.0%
202421$191,644+9.5%$155,699+12.6%
202317$175,000−6.7%$149,157+13.7%
202231$187,500+17.4%$151,882+17.5%
202113$159,702n/a$144,986at the minimum

Offered wage by job title

Middle half of offered wagesMedian offered wageMedian prevailing wage

Job titleFilingsMedian offeredOffered range and prevailing wagevs prevailing
Credit Risk Manager2$162,775+20.8%
Senior Product Manager, Payments2$219,461+41.8%
Senior Software Engineer2$202,000+15.8%
Site Reliability Engineer2$160,000+10.2%
Director of Product, Data1$185,000+8.6%
Engineering Manager1$206,000+13.5%
Head of Data Product1$290,000+5.7%
Product Manager - Lead1$200,000+7.5%
Senior Data Scientist - Machine Learning1$180,000+44.6%
Senior DevOps Engineer1$172,620+10.3%
Sr. T24 Product Specialist1$194,000+25.4%
Staff Data Analyst, Lending1$143,270at the minimum
Staff Data Analyst, Payments1$194,834at the minimum
Staff Software Engineer1$204,750+34.3%

Where the jobs are

WorksiteFilingsMedian offered
San Francisco, CA9$200,000
Prosper, TX2$160,000
Austin, TX1$143,270
Dallas, TX1$135,000
Davidson, NC1$194,000
Draper, UT1$204,750
El Dorado Hills, CA1$180,000
Round Rock, TX1$206,000
Seattle, WA1$185,000

By visa type: 18 H-1B. By outcome: 13 certified, 5 certified and later withdrawn.

Filings by quarter

Jul to Sep 20255
Oct to Dec 20253
Jan to Mar 20262
Apr to Jun 20268

Across all employers, filings bunch up in the first half of each year around the annual H-1B lottery, so compare a quarter with the same quarter a year earlier, not with the one before it.

Seniority of the jobs filed

Level I, entry0%
Level II, qualified18%
Level III, experienced18%
Level IV, fully competent65%

The government assigns each job one of four wage levels. A higher level means a higher legal minimum.

What these numbers are

Source: U.S. Department of Labor, OFLC disclosure data. How we clean and count it.

Other employers based in San Francisco, CA