Eastern Savings Bank, fsb.

At Eastern Savings Bank, we know that our associates are the source of our success! In turn, we are commited to creating a "win-win" situation by offering the best benefits and "perks" available. Of course, we believe the greatest benefit of all is that Eastern Savings Bank is a fabulous place to work! Check out what we have to offer....

Opportunities

Benefits

Group Health Benefits

Other Benefits

Application

Discretionary Time Off Benefits

Wellness

Career Development/Training/Unlimited Opportunities

Other Perks

Group Health Benefits

True success comes from within, and a healthy mind and body are essential to one's efficiency and general well being. That's why Eastern Savings Bank provides a generous benefit package that includes 100% employer paid medical premiums for all of our full time associates, as wells as a variety of voluntary benefits.

Medical

Eastern Savings Bank offers a PPO plan through PHCS, a national network of physicians and hospitals. Coverage in the PPO is paid at 90%. Non-PPO coverage is paid at 70%.

We also offer a 3-tier formulary prescription drug plan. Associates who also take advantage of the mail order option can obtain maintenance medication at a special discount.

Flexible Spending Account (FSA)

Eastern Savings Bank offers medical care and dependent care (child or elderly care) Flexible Spending Accounts. The FSA plan is a tax-advantaged way to pay for certain medical and/or dependent care expenses.

Bank Paid Life Insurance

All regular full-time associates are eligible for Bank-paid life insurance benefits at an amount equal to their salary. Insurance coverage is limited to a maximum of $50,000.

Voluntary Benefits

In addition to our health benefits, Eastern Savings Bank offers a great selection of voluntary benefits. Associates may chose to participate in our dental, vision, supplemental life insurance, and legal benefits plans.

Other Benefits

In addition other benefits that Eastern Savings Bank provides, those listed below can truely make a difference in the lives of our associates!

401K

Eastern Savings Bank is pleased to offer a pretax 401(k) savings plan to all regular full or part-time associates who meet the eligibility requirements. Associates may contribute any percentage of their total compensation to the plan up to the annual deferral amount limit as set forth by federal regulations. Eastern Savings Bank matches dollar for dollar up to 5% of associates' contributions.

Tuition Reimbursement

In recognition of the long-range contribution that additional job related education can make to the Bank, and as a means of assisting associates develop their skills and improve their performance, the Bank has established a tuition assistance program. The amount of reimbursement is based on the grade received.

Adoption Assistance

Eastern Savings Bank will pay/reimburse a full-time associate who has been employed at the Bank for at least one consecutive year up to $7,500 towards the legal adoption of a child. This benefit is based on the adoption of one child in any 12-month period of time.

Discretionary Time Off Benefits

Rejuvenation of body and mind is a key to productivity. We offer our associates generous leave options, including vacation, sick, and personal time.

Vacation

Eastern Savings Bank recognizes the importance of vacation time as providing an opportunity for rest, relaxation, and recreation. Full-time associates with less than five years of service may earn 80 hours of vacation. Full-time associates with five or more years of employment earn 120 hours of vacation. Part-time associates are eligible for vacation leave after one year of employment. Vacation hours accrue proportionate to the number of regular hours actually worked.

Sick

Full-time associates accrue up to five sick days per year (or 1.54 hours per biweekly paybased on an 80-hour pay period). Accrual begins on the first day of employment; however, associates are not permitted to use accrued sick leave until they have completed 90 days of employment beginning on the hire date.

Part-time associates are eligible for sick leave after one year of employment. Sick hours accrue proportionate to the number of hours worked at the rate of 1.54 hours per biweekly pay. Accrual begins on the associate's first anniversary date.

Personal

The Bank provides paid time off for personal reasons, such as scheduling medical and/or other appointments, observing religious/ethnic holidays, arriving to work late or not at all due to inclement weather, or for other personal business.

Wellness

Eastern Savings Bank takes pride in promoting the importance of living a healthy lifestyle! We offer health-related Lunch and Learn seminars, free flu vaccinations, an Employee Assistance Program (6 free sessions), a "wellness room" at our corporate headquarters and a host of other health related perks or programs. Our associates are also eligible
and encouraged to join, with no initiation fee, the Executive Plaza Fitness located in our plaza center.

Career Development/Training/Unlimited Opportunity

We foster the growth and development of our associates, and we take pride in offering continuing career development and training within each department as well as giving associates the opportunity to attend external seminars and training classes.

Other Perks

Family atmosphere/team environment

Employee referral incentive plan

Business casual Fridays

"For A Cause" casual days

Company sponsored events: Holiday Gala, Golf Tournament, and more!

Discounted Mortgage loans

Free checking accounts

Free online banking

One year interest-free loans for the purchase of a home computer

"ESB Casual" summer attire

And more!

Check out our current opportunities!