In addition to an excellent work environment, the Bank offers its employees a flexible, highly competitive benefits package.
Medical & Prescription Drug Insurance Coverage
Eligible employees may select from three medical plan options. All plans are Open Access, which means selecting a primary care physician or obtaining a referral is not required for access to healthcare services. The plans offer an extensive network of health-care professionals and facilities and provide prescription drug coverage.
Dental Insurance Coverage
Dental insurance coverage is offered through a passive PPO plan. The plan covers preventive, diagnostic, routine, and major services and also provides an orthodontia benefit.
Vision Insurance Coverage
The Bank offers eligible employees the option of purchasing supplemental vision coverage. The supplemental vision plan provides an annual eye exam, eyeglass lenses every calendar year, frames every other calendar year, and discounts on other vision-care related expenses.
Health Care Flexible Spending Account
The Health Care Flexible Spending Account provides a pretax method of paying for eligible out-of-pocket healthcare expenses such as deductibles, copayments, certain over-the-counter items, and some expenses not covered by insurance.
Dependent Care Flexible Spending Account
The Dependent Care Flexible Spending Account provides a pretax method of paying for childcare expenses for children ages 12 and under and dependent-care expenses for disabled or elderly dependents.
Employee Assistance Program
Bank employees and their dependents are eligible to receive counseling sessions to assist in dealing with a wide range of issues, on or off the job. The Employee Assistance Program provides counselors trained in family therapy, substance abuse, financial counseling, elder-care issues, stress management, legal counseling, and a variety of other concerns.
401(k) Savings Plan
The Bank’s 401(k) Savings Plan enables employees to set aside base pay on a pretax or Roth after-tax basis, subject to certain IRS limits. The Bank matches 100 percent of the first six percent of employee contributions. Matching contributions are subject to a two-year vesting schedule. Employees may invest in one or a combination of investment options offered by the Vanguard Group.
Bankwide Incentive Compensation Program
The Bankwide Incentive Compensation Program allows eligible employees to share in the Bank’s financial success. This program provides incentive compensation awards if the Bank meets certain specified performance targets each year.
Life Insurance and Accidental Death and Dismemberment (AD&D) Insurance Coverage
Eligible employees are provided with a basic life insurance and AD&D benefit. Additional term life insurance coverage may be purchased at the Bank’s group rates.
Dependent Life Insurance Coverage
Life insurance coverage is available at group rates for spouses and eligible dependents.
The Bank’s Short-term Disability Program is designed to provide protection to employees against the loss of income during unavoidable, non-occupational illness or injury.
Long-term Disability Insurance Plan
The Long-term Disability Plan provides eligible employees with a percentage of monthly base salary up to the plan maximum after an employee has been disabled for 180 days.
Eligible employees may apply for educational assistance for graduate or undergraduate courses related to their job or career field when courses are taken at an accredited college or university. Employees are eligible for reimbursement of tuition and mandatory fees when a passing grade is earned.
In-house Training and Development Programs
Programs in leadership, communications, and technical skills are provided on an ongoing basis. These courses are delivered in a group setting or in a one-on-one scenario with state-of-the art technology. Computer and technical training is provided year-round to ensure all employees are well equipped to use the software tools necessary to perform their job responsibilities optimally.
External Training Programs
External training is available to employees with specific job-related training needs. Graduate schools of banking and finance, leadership development programs, and professional seminars are available through various professional organizations.
Professional Certifications and Designations
The Bank supports professional programs such as the Certified Public Accountant (CPA) or Chartered Financial Analyst (CFA) designation. The Bank will reimburse eligible fees associated with both the certification examinations and review courses.
The Bank has established an annual leave policy to provide eligible employees with paid time off from work. Eligible employees with less than four years of service earn 15 days of annual leave per calendar year. Eligible employees with four years but less than 10 years of service earn 21 days, and eligible employees with 10 or more years of service earn 23 days of annual leave per calendar year.
The Bank recognizes that employees occasionally may be unable to fulfill their employment duties with the Bank due to a personal injury or illness or that of a family member. The Bank provides eligible employees with up to 80 hours of sick leave per calendar year at 100 percent of base salary. Eligible employees hired after January 1 each year will be provided a prorated number of sick days based upon hire date.
Flexible Work Schedule
Bank employees are allowed flexibility in the selection of their hours subject to management approval. With prior approval, employees may choose voluntarily to reduce their workweek to less than 40 hours or to compress their 40-hour workweek into less than five days.
Employees are allowed paid time away from the Bank for bereavement.
The Bank observes 10 paid holidays each year.
Community Involvement Volunteer Time Off
The Bank supports and encourages active volunteerism. Eligible employees are granted 24 hours of paid leave each calendar year to support a variety of organizations, including those that serve housing concerns, meet health-care needs, and address families’ special needs.
Everyday Appropriate Employee Dress
The everyday appropriate dress policy reflects the versatility and various roles the Bank’s employees engage in every day and allows employees to choose between traditional business attire and more casual business dress.
Onsite Fitness Facility
The Bank provides an onsite fitness facility free for employees. This benefit provides the opportunity to stay active and fit. Strength training equipment, treadmills, elliptical machines, and locker room facilities, including showers and towel service, are all offered as a complimentary benefit to Bank employees.
The Bank supports the State of Georgia’s Clean Air Campaign® by offering all employees the opportunity to purchase discounted MARTA cards. Additionally, the Bank provides a subsidy for those employees who use van pools, commuter buses, and other transportation services.
The Bank’s onsite cafeteria offers a variety of daily menu items for both breakfast and lunch at discounted prices for Bank employees.