Employee Benefits at Banterra

Building A Future Together

We are dedicated to creating a workplace where all team members feel valued and empowered. Our employee benefits promote well-being and professional growth, including health programs, retirement plans, and career development opportunities. By investing in our employees, we enhance individual success and drive long-term value for customers and shareholders. Join Banterra, where your contributions are celebrated and your future is bright.

Insurance

Medical Insurance

All full-time employees are eligible to participate in our Group Medical plan. Banterra offers a Health Savings Account (HSA) that is paired with our high-deductible health plan to help pay for out-of-pocket healthcare expenses. Banterra pays a significant portion of the employee and dependent premiums for this coverage.

Dental Insurance

All full-time employees are eligible for participation in the Banterra Dental Plan. The dental segment is divided into three sections: Preventive, Basic and Major. Banterra pays a significant portion of the employee and dependent premiums for this coverage.

Life Insurance

Banterra provides basic life insurance coverage for full-time employees.

Long-Term Disability

Banterra provides a long-term disability policy which offers partial income replacement in the event a full-time employee is unable to work because of a non-work related illness or injury.

Supplemental Insurance

All full-time employees may elect coverage under various supplemental insurance policies. These policies pay predefined dollar amounts to covered individuals for selected illness or treatments. If elected, the employee pays the premiums through payroll deduction.

Paid Time Off

Annual Leave

Full-time employees accrue annual paid leave time based on employment date. The annual leave may be used by the employee for any reason.

Extended Sick Leave

Full-time employees accrue paid leave time that may be used for illness of themselves or to care for a family member after three consecutive days of absences.

Holidays

Full-time employees receive eight hours of pay per holiday. The company follows the Federal Reserve holiday schedule for the majority of its locations.

Bereavement

Full-time employees will receive bereavement leave for the death of a family member.

Jury

The Company will grant full-time employees a leave of absence with full pay.

Section 125 Cafeteria Plan

Banterra provides a cafeteria plan that permits the use of pre-tax dollars to purchase benefits for employees and their dependents. The Plan also allows pre-tax deductions for Dependent Child Care and Medical Reimbursement.

401(K) Plan

Banterra maintains a 401(k) Profit Sharing Plan for employees.

Tuition Assistance

Banterra bank is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, age, disability, protected veteran status, or any other characteristics protected by law.