| Chevy Chase Bank - Careers: Benefits |
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CareersBenefit Program
We're proud of the benefits program that we offer to our full-time and part-time employees. Highlighted below is a brief outline. Detailed information regarding plan design and coverage levels can be provided at the time of an interview. Chevy Chase Bank regularly reviews their benefits package in order to make modifications where necessary.
Health Insurance
We offer a comprehensive health insurance plan. All full-time and part-time employees are eligible to participate. Coverage includes medical, dental, prescription and vision.
401(k)/Profit Sharing Retirement Plans
The Bank provides a 401(k) plan and a profit sharing plan to assist employees in accumulating assets for retirement income. Employees are eligible to participate in the 401(k) plan the first of the month following one month of service. Employees decide where their employee contributions are invested from amongst the available mutual fund offerings.
Eligibility for the profit sharing plan occurs the first of the month following one year of service at which time the Bank will make a matching contribution of $3 to $1 on the first 2% contributed by the employee to the 401(k) plan. The Bank’s matching contribution is placed with the profit sharing plan that invests in a diversified group of investments. Employees are fully vested in their contributions from the outset and in the matching contributions once the match commences.
Tuition Reimbursement
All full-time, part-time, and peak-time employees with at least 90 days of service are eligible to participate in the program. The plan covers two courses per semester and pays tuition costs up to $5,000 per year for full and part-time employees and $500 per year for peak-time employees.
Flexible Spending Account Plan
This is a voluntary benefit program that allows you to set aside money from your paycheck on a pre-tax basis to pay for health care expens |
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