FirstBank OnBoarding Manual - Flipbook - Page 115
2026 BENEFITS
Employee Assistance Program
Prudential/ComPsych’s work-life balance programs can help employees prepare for the
unpredictable—and keep small struggles from turning into major issues. The EAP is designed to help
you lead a happier and more productive life at home and at work. Call for confidential access to
licensed professional counselors who can help you: 855.399.2524. The program is available to you, your
spouse, dependent children, parents, and parents-in-law.
Employee Stock Purchase Program (ESPP)
FirstBank is proud to offer an ESPP to provide associates the opportunity to acquire ownership interest
in the company. Participation in the ESPP is voluntary to its associates with respect to the purchase of
its stock and participation in this ESPP.
• Associates can purchase shares of the company’s common stock at a discount using after-tax
payroll deductions
• FirstBank makes no recommendation to its associates with respect to the purchase of its stock
401(k) Savings Plan & Trust
FirstBank associates become eligible to participate in the 401(k) plan on the first of the month
following 90 days of employment. Saving for retirement is easy with the 401(k) Savings Plan and Trust
of FirstBank. You must be 21 years of age to participate in the 401(k) Savings Plan and Trust.
Automatic Enrollment
FirstBank automatically deducts 3% of your pay each payday to fund to your 401(k) account in addition
to the applicable FirstBank match.
Contributions
FirstBank contributes a matching contribution to each eligible participant in an amount equal to 50% of
the first 6% of the participant’s elective deferrals. You may defer up to $23,000 in pre-tax dollars if you
are under age 50, or up to $30,500 if you are age 50 plus.
EZincrease
FirstBank has EZincrease that automatically increases your contribution by 1% each plan year until your
contribution reaches 6%. You may opt out of auto increase by logging in to the Transamerica website
and turning off EZincrease.
Default Fund for Automatic Contributions
Automatic contributions are defaulted to the Retirement Living Portfolio, a target fund that allocates
investments based on your assumed retirement age.
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Onboarding Manual
Confidential. Property of FirstBank. Not for Distribution.
