Woodsville Guaranty Savings Bank makes available to all full-time employees a highly competitive health care policy. The bank currently pays the premium for a high deductible health plan. The employee contributes a small percentage of the premium for individual HMO coverage. The employee has the option of adding any member of their family to the plan at their own expense.
The bank makes available to all full-time employees coverage from a first-class dental plan. The bank will pay a portion of the premium for single, two-person, and family coverage on behalf of the employee.
The bank makes available to all full-time employees a competitive vision care policy. The bank currently pays the premium for an individual plan. The employee has the option of adding any member of their family to the plan at their own expense.
Life and Accident Insurance
Full-time employees of the bank are automatically enrolled in basic life, accidental death, and dismemberment insurance.
This health care and dependent care reimbursement account is available to all bank employees to help pay for health and dependent care expenses on a tax-free basis.
Woodsville Guaranty Savings Bank offers both a voluntary 401(k) plan and a competitive company match. In addition, the Bank may offer to all 401(k) eligible employees a profit sharing percentage to be determined on a year-by-year basis.
Membership & Dues Reimbursement
The bank will provide reimbursement to each employee, up to $250.00 per year, for membership fees and dues and related expenses incurred as a result of participation in qualifying civic and community organizations.
Student Loan Pay Down Program
New in 2018, WGSB has partnered with Gradifi to offer employees a Student Loan Pay Down Program, which can pay down up to $7,200.00 of the employee’s student loans.
Additional benefits – Other benefits available to our employees include:
-Paid Time Off program
-Discounts on employee banking
-Employee Assistance Program