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Benefits & Compensation

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Home About Careers Benefits & Compensation

Benefits & Compensation

First Bank Elk River offers a wide range of benefits, including health, dental, 401(k), life insurance, and more. Our benefits program gives employees the flexibility to customize their benefit package to best meet their family needs and budget.

Medical Plans

A variety of medical plan choices, including co-payment and high deductible plans.

Dental Plans

Dental coverage options cover regular checkups, cleanings and x-rays, as well as other basic and major dental services.

Vision Plan

Vision coverage includes eye exams, frames, lenses, contact lenses, and other services.

Flexible Benefit Plan

The section 125 plan provides a choice of benefits and access to group medical, dental, and vision premiums withheld pretax, and allows for daycare expenses and unreimbursed medical expenses to be withheld pretax, creating tax savings for our employees.

Group Life Insurance

Group life insurance base coverage is provided at little to no cost to our employees with the option to purchase additional coverage.

Paid Time Off

Full-time employees are eligible for paid legal holidays, and all employees are eligible to accrue paid time off based on hours worked per week and years of service.

Purchased Time Off – a Flex Plan Feature

Eligible employees can purchase time off from themselves pretax through this plan.

401(k)

Training & Education

Short and Long Term Disability Insurance

Short- and long-term disability coverage provide income replacement benefits as well as Retirement Income Protection, Survivor Benefits, a Minimum Benefit, Continuity of Coverage, and Work-Life Balance Program.

Employee Assistance Program

Resources, education, counseling, and referral services on a wide range of topics.

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Routing #091903844 | NMLS #408946
Member FDIC | Equal Housing Lender | Copyright 2020 First Bank Elk River | All Rights Reserved
  • Online Banking
    • Internet Banking
    • Remote Deposit Login
  • Home
  • Personal
    • Accounts
    • Mortgages
    • Cards
    • Personal Loans
    • Online & Events
  • Business
    • Accounts
    • Services
    • Cards
    • Loans
  • Rates
    • Checking Accounts
    • Savings Accounts
    • Regular and IRA Certificates of Deposit
  • Locations
  • Careers
    • Current Openings
    • Careers At First Bank Elk River
      • Benefits & Compensation
      • Community Events
      • Why First Bank Elk River
  • About
    • Policies & Disclosures
      • FDIC
      • Disclosure of Our Funds Availability Policies
      • Legal Disclosures
      • Privacy Policy
    • More
      • Contact Us
      • Donation Request
      • Identity Theft
      • Ransomware Information
First Bank of Elk River
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