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Benefits


Our Benefits Are Tough to Beat

We pride ourselves on our comprehensive, employee-sensitive benefits package. Read on to find out why.

Vacation: The Bank provides at least two to three weeks of paid vacation to all full-time employees.

Holidays: Employees receive 10 paid holidays each year.

Health Insurance: As a Fed employee, you have the opportunity to choose from a variety of health plans to meet your needs. We offer 5 options: three Premier Provider Organizations plans, one Health Maintenance Organization and one Exclusive Provider Organization.

Thrift Plan: Our Thrift Plan gives you an opportunity to contribute to both a savings and a deferred compensation account. Better yet, the Bank contributes 80 cents for every dollar you invest, up to 6 percent of your income. After five years of service, the Fed will match your contributions dollar for dollar, up to 6 percent.

Educational Assistance: The Bank reimburses 100 percent of tuition, book and course fees (up to an annual maximum) for employees enrolled in an approved degree program.

 

Dental Insurance: Coverage options include preventive, basic, major and orthodontic services.

Retirement Plan: To augment employees' Thrift Plan savings and Social Security benefits, the Bank provides a monthly pension based on final salary, years of service and age.

Life Insurance: Your family is protected through an employer-paid life insurance benefit.

Adoption Assistance: Family matters at the Fed. We offer 100 percent reimbursment for qualified adoption expenses, up to $3,000 per child.

Fitness Center: Stay fit using our in-house fitness center.

Other Perks: You'll enjoy our business-casual dress code, on-site cafeteria and subsidized parking.

 
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