The group medical plan provides a comprehensive medical protection plan for employee and covered dependents. Prescription drug coverage is included in the medical plan.
The group dental insurance provides the employee and covered dependents with a comprehensive dental protection plan. This protection provides for preventative dental services and major dental services. Regular Full-Time employees' coverage is paid 100% by BankPlus. The employee pays for dependent coverage.
Life Insurance provides a monetary benefit to a named beneficiary in the event of the employee's death. The amount of coverage is based on the employee's salary and the levels of coverage vary on the employee's job. Regular Full-Time employees' coverage is paid 100% by BankPlus.
Vision insurance for all Regular Full-Time employees and their dependents is an optional insurance to help with the costs associated with annual vision check-ups. This insurance also helps with the cost of purchasing frames and lenses, or contact lenses. The employee pays all premiums for vision insurance.
Long-Term Care Insurance provides for payment of nursing home care and qualifying home care. A basic plan is paid for by BankPlus for each Regular Full-Time Employee.
This insurance provides protection for Regular Full-Time employees in the event they should lose the ability to work due to sickness or injury. Regular Full-Time employees' coverage is paid 100% by BankPlus.
This insurance provides Regular Full-Time employees with 24-hour-a-day accidental death and dismemberment coverage. Regular Full-Time employees coverage is paid 100% by BankPlus.
The bank has negotiated competitive group rates for the following benefits: Short-term Disability Insurance, Accident Insurance, Cancer Insurance, Critical Care Insurance, Hospital Confinement Insurance, and Life Insurance. The employee pays all premium costs of these benefits.
Part of our long-term vision is building profitable relationships by creating top-of-mind awareness and identifying referrals and relationship opportunities. This program is a tool to stimulate growth and compensate top performers. The incentives are intended to be recognition for above standard performance, and not a part of routine compensation. Regardless of your position, BankPlus hopes that you will see High-Performance Rewards, as well as Incentive Bonuses, as a fulfilling and challenging opportunity and as the Bank's recognition for the important contribution you make.
Please visit WellnessPlus for benefits information.
At a minimum cost to the employee, BankPlus offers a plan, which enables the employee to contribute pre-tax dollars to either or both of two spending accounts: (1) certain health-care expenses not reimbursable by the group medical and dental plans and (2) certain dependent care expenses. This plan also allows certain insurance premiums to be pre-tax as well. This plan is available to all Regular Full-Time employees.
BankPlus offers each employee access to a comprehensive program offering workplace education on various health-related issues, a confidential employee assistance line, outpatient counseling and referral for employess and their immediate dependents. The cost for this service is paid 100% by BankPlus.
All bank employees are provided a BankPlus Employee Investment Checking Account. This account is a high-yield account and earns competitive interest rates based on the account balance. There is no monthly service charge and you are provided with personalized checks, money orders, cashier's checks, traveler's checks, and ATM/Checkcards. Other features of this account are: Free e-BankPlus Online Access, Free e-BankPlus Bill Pay, Unlimited free ATM transactions at any BankPlus ATM, Unlimited transactions and check writing, Check images with monthly statements, No charge from BankPlus for use of other banks' ATMs.
All Regular Full-Time employees are eligible to participate in the Employee Bonus Savings Plan. Under this plan, employees receive a savings account with interest accrued daily at .25% higher than the current competitive market rate.
BankPlus has put together an offering for employee loan products priced below our already competitive rates.
BankPlus employees can purchase computers and technology-related products at corporate discounted prices.
Regular Full-Time employees are eligible for vacation during the year hired on the first of the month following the initial 90 days of employment as a New Employee. You will receive an advance of one day of vacation for every 208 hours to be worked during the year you are hired and every year thereafter. In the year you complete seven (7) full years of service, you will receive an advance of three weeks paid vacation. In the year you complete fifteen (15) full years of service, you will receive an advance of four weeks paid vacation.
Regular Full-Time employees are given one day off for their BankPlus Anniversary Day to recognize continued employment.
Regular Full-Time employees are eligible for sick leave on the first of the month following the initial 90 days of employment as a New Employee. You will receive one day of sick leave for each month worked during the year you are hired and every year thereafter. Unused sick leave is accumulated up to a maximum of 90 work days.
Employees of BankPlus are eligible for membership in the American Institute of Banking (AIB), a national banking education organization. AIB makes available many courses in the various phases of banking that will be of great benefit to you in your career development. You receive college credit for the courses as well as credit toward an AIB educational certificate. The Bank pays for your membership fee (tuition) and the cost for textbooks.
The Bank will pay all expenses for membership in trade associations, civic and service clubs, and similar groups where management determines that the Bank will benefit from such memberships.
Employees are eligible to contribute on a pre-tax basis to the Employee Stock Ownership Plan (with Code Section 401(k) provisions)(referred to as a KSOP). Contributions can be invested in company stock and/or other investment options under the plan. Employees can contribute a percentage of their base pay and the bank will match 100% on the first 3% and a 50% matching contribution on the next 2% of base pay contributed. Employee contributions and matching contributions are 100% vested, and profit sharing contributions are vested on a 6 year sliding scale. Participation in this plan begins each calendar quarter after employment, provided the employee has attained the age of 21 and is employed in a position requiring the completion of at least 1,000 Hours of Service for the Plan Year.
BankPlus employees are eligible to take advantage of the Nissan Vehicle Purchase Program. Employees receive a significant discount on new Nissan and Infiniti automobiles and trucks, and are eligible to purchase two vehicles per year using this program.
For 2013 BankPlus will observe the following holidays:
Tuesday, January 1 New Year’s DayMonday, January 21 Martin Luther King, Jr. Day Monday, February 18 President's Day Monday, May 27 Memorial Day Thursday, July 4 Independence DayMonday, September 2 Labor Day Monday, October 14 Columbus Day Monday, November 11 Veterans Day Thursday, November 28 Thanksgiving Day Wednesday, December 25 Christmas Day