Benefits

teller counter inside a mascoma bank with 2 female tellers and a customer

We take our benefits very seriously.

Managing Your Health

  • Medical and Vision Coverage
  • Dental Insurance – paid 100% by the Bank for full-time employees.
  • Wellbeing Program
  • Employee Assistance Program (EAP)– Our EAP helps you or a family member who might be experiencing either a personal, or work-related, problem to gain access to valuable counseling services. This benefit is available at no cost.
  • Smoke/Tobacco Free Work Environment
  • Designated by NH Governor as a Recovery Friendly Workplace

Managing Your Family

  • Bank-provided Group Life Insurance – A basic level of life insurance paid 100% by the Bank.
  • Dependent Life Insurance – $10,000 of spousal coverage ($2500 for children) paid 100% by the Bank. Additional coverage available.
  • Voluntary Supplemental Long-Term Care, Disability, Accident, Hospitalization, and Specific Illness Insurance – Available to employees at competitive rates.
  • Employee Assistance Program – Life counseling and personal assistant services. Paid 100% by the Bank.
  • Generous Earned Time Program – Paid time-off to spend with your family.
  • Eleven (11) Paid Holidays.
  • Workplace Flexibility – Opportunity for alternative work arrangements
  • Time off for volunteering for local non-profits.
  • Maternity leave for 12 weeks at 100% of pay
  • Primary Caregiver leave for 6 weeks
  • Primary Caregiver leave for 6 weeks at 60% pay on the first of the month following 90 days of employment.
  • Civic (Voting) time off for 2 hours to vote in local, state, or Federal elections.

Managing Your Money

  • Mascoma Bank 401(k) Retirement with Match (100% vested)– An opportunity to save for your retirement. You are 100 percent vested from the start, and the company provides a matching contribution
  • Non-elective contribution of 5% made to the 401K annually.
  • Flexible Spending Accounts
  • Health Savings Account with partial Bank Contribution
  • Short- and Long-Term Disability Coverage – Benefits that protect your income if you are unable to work due to personal illness or injury.
  • Financial Advisors – Financial advisors and planners are available free of charge.
  • Interest Free Computer Loan
  • Employee Assisted Housing – Mascoma Bank will provide a small rate reduction when you purchase a home.
  • Matching Donations to Local Non-Profits – Mascoma will match up to $300 per year of your donations to qualifying local non-profits.
  • Mascoma Perks – Various discounts at local museums, entertainment venues, and retailers.
  • Stakeholders –You will be a participant in our stakeholders program and receive a portion of the yearly stakeholders payout based on Bank performance, which can add to base pay.

Managing Your Career

  • Onboarding, Orientation and Training for New Employees – We have developed a program that helps you succeed in your career at Mascoma Bank.
  • Mascoma Leadership Development Programs.
  • Support of Banking Schools, certificate programs, and other specialty schools to support your career path.
  • Internal Job Application Program – We attempt to promote from within! Performance Management – Mascoma’s program ensures you know what is expected, receive regular feedback, and are recognized for your contributions.
  • Mentoring and Coaching – Mascoma’s education and development team is there for you – coaching and matching you with a mentor to help you as your career progresses.
  • Tuition Reimbursement – Financial assistance to help you with the cost of continuing your education.
  • Student Loan Assistance - We will make direct contributions to employees' existing student loans.
  • Recognition – We celebrate success!