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Employee Benefits
We’ve got you covered.
We believe in taking care of our team members.
That’s why we offer a full range of benefits for you and your family — from health and dental insurance to paid time off and paid holidays.
Perfect for you if:
- You want a career offering comprehensive benefits.
- You’re seeking work-life balance.
- You want health, dental, and vision insurance.
Health Benefits
Medical
First Bank offers you the choice of two medical plans through Blue Cross Blue Shield. Each plan provides the flexibility to access both network and non-network doctors and facilities. Premiums, deductibles, and coinsurance vary depending on the plan. Preventative care is covered at 100% with network doctors in both plans. Additionally, a tax-efficient Health Savings Account is available with an employer contribution. Prescription drug benefits are available through First Bank’s Blue Cross Blue Shield medical plan options.
Flexible Benefit Plan
You may contribute tax-free dollars to the Health Flexible Spending Account (FSA) and/or Dependent Care FSA.
Dental
First Bank offers you the choice of two dental plans through Ameritas. The plan covers services ranging from diagnostic and preventative care to orthodontia treatment.
Vision
Our vision discount program allows you to obtain services, and purchase eyeglasses and lenses at discounted rates.
Life and Accident Insurance
Basic Group Term Life Insurance/AD&D
Group Term Life and Accidental Death and Dismemberment (AD&D) Insurance for you, your spouse, and your children is available. Associates working 20 hours or more per week are provided Basic Term Life/AD&D. Associate benefit amount is two times annual salary up to $300,000 maximum. Spouse and child benefit pays $5,000.
Supplemental Life Insurance/AD&D
You may purchase Supplemental Life Insurance/AD&D for yourself – from one to five times your annual salary, up to $500,000. Spouse benefit increments are $5,000 up to $250,000 maximum. Child benefit amount is $10,000.
Disability Coverage
Short-Term Disability
Through the Short-Term Disability (STD) plan, you may receive benefits equivalent to 60% of your salary for up to 12 weeks.
Long-Term Disability
The Long-Term Disability (LTD) plan pays 60% of your salary to age 65. Benefits start after 12 weeks of a covered disability, which are generally covered under the STD plan.
Investment Benefits
Retirement and Savings Plan
You may save from 1% to 100% of eligible compensation on a pre- and/or post-tax basis in the 401(k) Savings Plan (if you are at least 21 years of age; IRS limits apply). Associates are 100% vested. First Bank offers a generous employer match of 100% for your first 6%.
Stock Purchase Plan
First Bank offers you an economical way to become a shareholder of the company. Work over 20 hours a week to purchase company stock through payroll deduction using the Dividend Reinvestment Plan.
Additional Benefits
Paid Time Off
First Bank provides paid time off (PTO) to be used for vacation, personal illness, or to care for dependents, emergencies, and other needs that require time off from work. As a full-time associate, you can accrue up to 18 days of PTO in your first year. You can expect periodic increases to your PTO throughout your tenure. Scheduled part-time associates are eligible for half that of full-time associates.
Maternity Leave
First Bank provides six weeks (five weeks post birth recovery and one week bonding leave for a total of 30 business days) of fully paid maternity leave for all associates who have been employed by the Company for at least 12 months prior to the beginning of such leave.
Parental Bonding Leave
First Bank will provide one week of fully paid parental bonding leave (one week caregiver/bonding leave – five business days) for a new parent (who did not give birth to a child).
Paid Holidays
First Bank observes 11 paid holidays each year.
Discounts
Save money on the places you like to visit and shop. Enjoy discounts at select stores and on tickets to top attractions, theme parks, shows, sporting events, movies, and hotels.
Banking Services
Enjoy the same great financial services and products as our customers, including checking accounts, safe deposit boxes, investment funds, and more. After your 90-day introductory period you are also eligible for Personal Identity Theft, Cellular Telephone Protection, revolving credit, Mastercard® credit card, mortgage loans, and home equity products.
Continuing Education
Pursue your academic goals to further your career with assistance from First Bank. We will reimburse you up to $1,000 annually for any job-related courses based on the grade received. All employees are also eligible to receive a tuition scholarship applicable to any degree the University of Mount Olive offers.
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First Bancorp is committed to ensuring that our online application process provides an equal employment to all job seekers, including individuals with disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to submit an application, please call HR at (910) 572-3168 or email hr@localfirstbank.com.
Equal Employment Opportunity Statement: Our active commitment to equal opportunity employment reflects our faith in people. It is the policy of the Company to recruit and hire qualified applicants without regard to age, color, disability, genetic information, national origin, race, religion, sex, sexual orientation, gender identity, or veteran status. Similarly, the Company is committed to administering wages, salaries, benefits and opportunities for advancement, including upgrading, training, promotion, and transfer without regard to age, color, disability, genetic information, national origin, race, religion, sex, sexual orientation, gender identity, or veteran status.
We are an Equal Employment Opportunity (EEO) employer as defined by the EEO Commission.