| VACATION |
10 days paid (prorated for 1st year) - eligible after 90 days Additional ½ day each year beginning @ 6th year up to a maximum of 15 days total
(non-officer positions) for full time employees. |
| PERSONAL LEAVE |
5 days paid (prorated for 1st year) - eligible after 90 days
(non-officer positions) for full time employees. |
| HOLIDAYS |
10 paid holidays (may vary somewhat depending on day of holiday and which branch)
for full time employees. |
| IMMEDIATE FAMILY DEATH |
3 days paid to be taken immediately before/after death of immediate family member. |
| MEDICAL INSURANCE |
Bank pays for employee coverage or $100/month credit
to be used to purchase other insurance or for medical/daycare spending
accounts. Employee has option to purchase additional insurance coverage
including dental, vision, short term disability and family life and medical coverage. - eligible on 1st of month following
3 months employment for full time employees. |
| OTHER EMPLOYEE INSURANCE PAID BY BANK |
Life = to 2 1/2 X annual salary;
Accidental Death = to 2 1/2 X annual salary;
Long Term Disability = to 60% of salary
$2000 dependent life insurance for spouse & children
Eligible on 1st of month following 3 months employment for full time
employees. |
| FLEXIBLE SPENDING ACCOUNTS |
Employee has option to defer money on a pre tax basis for Health Care expenses that are not covered by insurance or for Dependent Care expenses (limitations apply). Eligible on 1st of month following
3 months employment for full time employees. |
| CHRISTMAS BONUS |
1/24th of annual gross (voted on annually by Board of Directors) |
| PROFIT SHARING |
6% of annual gross - paid @ end of year (voted on annually by Board of Directors & employee must meet eligibility requirements - 21 yrs old; usually after completing 1 yr service
and working 1000 hours in the last 12 months) |
| 401K |
Employee can defer up to 50% of annual salary on a pretax basis - The first 3 percent is matched by the bank dollar for dollar (100%). The 4th and 5th percent are matched by the bank with ½ percent (50%). (Example: If an employee contributes 5%, the bank matches with 4%.) Employee must meet eligibility requirements - 21 yrs old; usually after completing 1 yr service
and working 1000 hours in the last 12 months; entry dates Jan 1, April 1, July 1,
and Oct 1) |
| EDUCATIONAL |
Eligible after employed 1 year; field of study related or useful to banking; appropriate scheduling; school which is member of University System of Georgia; Bank pays --- A - 100%; B - 80%; C 50%; Below C - 0
for full time employees. (See personnel policy for specifics) |
| SERVICE AWARDS |
Awards given to full-time employees at 5, 10, 15, 20, 25, and 30 years of service |
| LOAN RATES |
Usually prime + 1%; Guidelines outlined in personnel policy |
| ACCOUNTS |
Employees usually receive up to 2 no service charge, basic checking accounts w/ choice of free personal size checks (Employees may have interest bearing accounts if they meet minimum balance requirements or pay the service charge) |
| SDB |
Employee usually receives a 3 X 5 safe deposit box at no charge or a credit on a larger size. |
