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Employment Benefits

At SAFE, we believe it is important to provide benefits that help improve the quality of life for our employees and their families. In addition to competitive wages, SAFE offers a wide variety of benefits and programs to help employees meet their needs.

  • Medical, Dental, and Vision Insurance
    SAFE provides employer-paid group medical, dental, and vision insurance to all non-temporary employees regularly scheduled 30 hours or more per week. Employees are eligible to enroll in insurance the first of the month following 30 days of employment. Employees enrolled in Kaiser pay a portion of the premiums for their own coverage. Employees enrolled in Western Health Advantage (WHA) High Deductible Health Plan (HDHP) pay no cost for their own coverage. This portion is subject to change each plan year. SAFE makes a generous contribution to a Health Savings Account (HSA) for eligible employees enrolled in the HDHP plan. Part-time employees working less than 30 hours are not benefits-eligible. In addition, SAFE provides dependent coverage for qualified dependents at 50% of the insurance premium costs.

  • 401(k) Retirement Plan
    SAFE provides a 401(k) plan with a company matching contribution. Eligible employees may enroll in the plan on the first of the month following two (2) months of employment.

  • Life Insurance
    SAFE provides employer-paid life insurance for employees who are regularly scheduled to work 30 hours or more per week

  • Long-Term Disability Insurance
    SAFE provides long-term disability (LTD) insurance to employees regularly scheduled to work 30 hours or more per week. LTD provides partial income replacement coverage in the event of a disabling injury or illness.

  • Voluntary Insurance Programs
    SAFE offers a variety of other voluntary insurance programs including life, hospitalization, disability, and cancer insurance provided by AFLAC.

  • Vacation and Sick Leave
    All non-temporary employees will accrue vacation and sick hours beginning the first day of employment.

  • Holidays
    All SAFE employees enjoy paid time off for all holidays observed by the Federal Reserve, including: New Year's Day, Martin Luther King Jr. Day, Presidents' Day, Memorial Day, Independence Day, Labor Day, Columbus Day, Veterans' Day, Thanksgiving Day, and Christmas Day.

  • Pre-Tax Health Insurance Premiums
    Employees are eligible to pay their health insurance premiums with pre-tax dollars.

  • Pre-Tax Flexible Spending Accounts
    Employees who incur qualified dependent care expenses and/or qualified health care expenses may participate in a pre-tax flexible spending program.

  • Education Reimbursement
    Employees who have six (6) months of continuous service are eligible for tuition reimbursement for credit union and business-related classes or courses of study that lead to a related degree from an accredited college or university. The maximum amount of reimbursement may change.

  • Employee Assistance Program (EAP)
    SAFE understands that there are times when employees may need confidential assistance in non-work related areas such as child care, managing severe illness, care for elders, assisting with financial hardships, family and juvenile counseling, and legal phone consultations. Our EAP provides confidential, professional assistance when personal problems affect employees and their families.

Additional Benefits
SAFE employees enjoy valuable additional benefits such as wellness resources and paid time for volunteering and community involvement. Employees who become SAFE members can also benefit from banking services, including free checking accounts, printed checks, notary service, a safe deposit box, loan rate discounts, and more!

 

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