FirstBank

HQ
Lakewood
2,600 Total Employees
Year Founded: 1963

FirstBank Compensation & Benefits

What People Are Saying About FirstBank

  • Retirement Support: Retirement funding includes a 401(k) with a 3% safe‑harbor contribution plus up to a 5% discretionary employer contribution, alongside an ESOP. Feedback suggests this automatic employer funding, without requiring an employee match, is a standout element of total rewards.
  • Leave & Time Off Breadth: Time off includes PTO starting at 18 days per year, roughly eight paid holidays, and two days of paid Volunteer Time Off. Feedback suggests this combination supports work‑life balance.
  • Healthcare Strength: Health benefits include medical, dental, and vision coverage, telemedicine with $0 copay on certain plans, disability, life/AD&D, and flexible spending or HDHP options. Coverage begins the first day of the month after start, with EAP support for personal and work/life needs.

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.