FirstBank
FirstBank Compensation & Benefits
What People Are Saying About FirstBank
-
Retirement Support: Feedback suggests the retirement package—combining employer 401(k) contributions and an Employee Stock Ownership Plan (ESOP)—is a distinctive strength. These elements are described as helping offset modest base pay for longer‑tenured staff.
-
Leave & Time Off Breadth: Feedback suggests the mix of PTO, paid Federal Reserve holidays, and dedicated Volunteer Time Off provides a well‑rounded time‑away offering. This time‑off structure is frequently highlighted alongside a positive culture as part of total rewards.
-
Wellbeing & Lifestyle Benefits: Feedback suggests health coverage begins quickly and includes telemedicine at $0 copay on certain plans, an EAP, and expanded mental‑health access via Lyra. These practical wellness supports enhance the day‑to‑day value of the package.
FirstBank's Benefits
Offers company equity
FirstBank is proud to offer an Employee Stock Ownership Plan (ESOP) as one of our many benefits.
Offers generous parental leave
Paid Parental Bonding Leave (PPBL) is paid leave to bond with and care for a newborn or a new child placed through adoption or foster placement.
Provides an onsite Mother's Room
Provides family medical leave
FMLA provides certain employees with up to 12 weeks of unpaid, job-protected leave per year. It also requires that their group health benefits be maintained during the leave.
Offers dental insurance
FirstBank offers two PDPPlus dental plan options through MetLife. A unique feature for covered adults is one fluoride treatment during the year, at no additional cost.
Offers Flexible Spending Account (FSA)
FirstBank's Flexible Spending Account (FSA) helps employees and dependents cover out-of-pocket medical costs with pre-tax contributions up to $2,550 annually.
Offers health insurance
FirstBank contributes to the premium cost of employees and their eligible dependents on single coverage health insurance.
Offers mental health benefits
FirstBank partners with Lyra for Mental Health Support for the whole family including 8 free coaching sessions annually.
Offers vision insurance
Your eyesight deserves the best care. With FirstBank's vision plan, you have coverage for eye exams, eyeglasses, and contact lenses
Offers 401(K)
FirstBank employees may contribute up to 80% of their salary to their 401k.
Offers disability insurance
FirstBank provides both short-term and long-term disability insurance.
Offers life insurance
FirstBank covers two times an employees annual salary for life and accidental death/dismemberment insurance at no cost to the employee.
