Employee benefits

Two Maryland CUs to offer IDShield

How new developments on many fronts are going to affect the banking business in the coming year and beyond — and what bankers can do to prepare.

SunTrust and First Republic are taking benefits they offer to their workers, such as financial wellness training and student debt repayment, and extending them to corporate clients as benefits they can offer to their own employees. In doing so, they are strengthening relationships with valuable commercial customers.

Helping young employees pay down student debt is a more meaningful benefit than pingpong tables at work or free beer.

The banks announced bonuses, wage hikes and charitable contributions resulting from the lower corporate tax rate enacted by Congress.

Adding retirement accounts broadens the app's offerings to millennial clients.

This the second year in a row that the CU has announced a minimum wage hike.

Salaries and benefits are up, as banks work harder to recruit and retain staff. So are casual days, wellness programs and other perks.

If we really want to be male feminists, then we need to take more paternity leave. Statistically speaking, this correlates with a lot of positives for women in the workforce. So let's go for real impact, instead of simply saying we support women’s empowerment.

Along with paid sabbaticals, Idaho State University CU offers a variety of programs to keep staff healthy and engaged with their work.

While credit unions may have dodged a bullet on taxation, some in the housing industry expressed concern that the plan would double the standard deduction to $24,000 for married couples and $12,000 for individuals—a move that could dramatically lessen the impact of the mortgage interest write-off.

Some in the housing industry expressed concern that the plan would double the standard deduction to $24,000 for married couples and $12,000 for individuals—a move that could dramatically lessen the impact of the mortgage interest write-off.

From ‘Farkle Fridays’ to therapy dog visits, many CUs are going well beyond the standard benefits offerings.

Raising starting wages helped, but that was just one part of transitioning to an "employee-centric" culture.

The Utah-based credit union makes sure it gives back to the employees who give so much to the organization.

The next step: Making sure employees know what’s on tap and are taking advantage of it.

Life is “ruff.” Pets can make it easier. Here is how some of the Best Banks to Work For accommodate their employees’ furry pals.

The new owner of this Miami bank might be from Chile, but it sure knew how to create warm feelings with the employees it acquired. Instead of cutting back on benefits, it added some new ones — including a cash bonus paid for life events like having a child.

United Community Bank of West Kentucky took the harrowing experience of one of its employees as an opportunity to improve the benefits it offers.

Employee benefits initiative is offered by Corporate Central CU.