Republic Bank offers associates the Delta Premier PPO Plus plan through Delta Dental of Kentucky. The
dental plan is a unique blend of
Delta Dental's Premier and Preferred provider networks. If you use a dentist from the Preferred provider
network, your out-of-pocket costs
are lower because these network providers offer a greater discount for their services. All Full-time and
eligible Part-time associates are eligible
to participate effective on their first day of employment.
Full and Part-time associates are eligible on their first day of employment for a comprehensive vision
plan through Humana Vision Care.
Flexible Spending Accounts provide you with an important tax advantage that can help you pay health care
and dependent care expenses on a
pre-tax basis, including a Limited Purpose FSA plans are designed to work hand-in-hand with a Health
Savings Account (HSA) in conjunction
with a High Deductible Health Plan (HDHP). By anticipating your family's health care and dependent care
costs for the next year, you can
lower your taxable income. Full-time associates are eligible to participate effective on their first day
FSA Quick Start Guide
The Republic Bank HSA is a free - no fee tax-favored account that allows you to set aside funds to save
and pay for qualified medical expenses incurred by you, your spouse, and any of your qualified dependents. The HSA takes the form of a
tax-exempt trust or custodial account.
All Full-time and eligible Part-time associates are eligible to participate effective on their first day
Republic Bank Health Savings Account
As a full-time or part-time associate, effective on your first day of employment, Republic Bank provides
(at no cost to you) basic group term life and AD&D benefits, as follows:
- Full Time - 2x annual base pay
- VP - $250,000
- SRVP - $450,000
- Part-time $15,000
In addition, all covered associates are provided accidental death and dismemberment (AD&D) coverage
equal to the same amount of their basic
life benefit. Example, if you should die as the result of a covered accident, your beneficiary would
receive an additional benefit equal
to your basic group life benefit amount.
You can also purchase additional life insurance for yourself, your spouse, and your eligible children at
affordable group rates. All Full-time and eligible Part-time associates are eligible to participate
effective on their first day of employment.
Evidence of Insurability
Republic Bank provides short-term and long-term disability income benefits and pays the full cost of this
coverage. As a full-time associate, you become eligible for disability benefits following 180 days of
Cancer, Critical Illness and Accident policies are available at discounted rates through pre-tax payroll deduction.
AFLAC pays cash benefits directly to you to help with expenses associated with a covered illness or injury.
Coverage is available for yourself, your spouse, and children under age 26.
To help you prepare for the future, Republic Bank sponsors a 401(k) Retirement Plan that lets you save
and invest pre-tax and after-tax dollars from your pay. You are eligible to participate in the plan
immediately upon employment; at which time you will also be eligible for the Company Match.
The Company will match the first 1% of pay you contribute at 100%. The next 2-5% of pay you contribute
will be matched at 75%. You are always fully vested in your own contributions, as well as any investment
earnings on your contributions. Republic Bank's matching contributions are vested after two years of
New associates are eligible to participate in the Republic Bank Employee Stock Purchase Plan (ESPP)
after 6 months of employment. By participating in the ESPP, you have the opportunity to own Corporation
stock by accumulating funds to do so with convenient after-tax pay-roll deductions. In this way, you
share in the Corporation's financial performance. The ESPP allows you to set aside between $10 to $490 from
each paycheck, on an after-tax basis over a 3-month offering period. The stock is purchased at a 15%
discount on the stock price at the end of the 3-month offering period using your contributions.
Paid Time Off (PTO): Republic Bank has designed our Paid Time Off (PTO) benefits
to provide you with as much flexibility as possible when you need paid time off. Use PTO to enjoy a
vacation, take some personal time for any reason, or an occasional sick day.
Parental Leave: Republic Bank provides up to two weeks of 100 percent paid
parental leave for employees who are expanding their families. This includes birth mothers and
fathers, and adoptive parents, regardless of sexual orientation.
Paid Holidays: Republic will grant holiday time off to all associates on the
holidays listed below.
|New Year's Day
|Dr. Martin Luther King Jr Day
|Juneteenth (close at noon)
||Christmas Eve (close at noon)
Bereavement Leave: If an Associate wishes to take time off due to the death of
an immediate family member, paid bereavement leave will be provided to eligible Associates.
Other Paid Time Off: Republic Bank also provides paid time off to perform your
civic and community duties such as jury duty, voting and volunteer activities.
As an associate of Republic Bank, you are eligible immediately upon hire. The plan provides benefits to
you, your spouse, and dependent children up to age 26. The EAP program is paid for by Republic Bank and
is administered by ESI TotalCare EAP, a private consulting firm that specializes in personal and free
unlimited telephonic counseling, as well as wellness, financial, legal and other free coaching services.
In addition, TotalCare EAP offers a broad array of enhanced online tools and services to help with problems
that might affect your personal or work life.
Teladoc provides free phone or online telehealth consultations with a physician, which you can use
anytime 24/7. This benefit applies to you and any dependents living in your household and is fully paid
for by Republic Bank. All Full-time and eligible Part-time associates are eligible to participate
effective on their first day of employment.
Other Great Programs and Benefits
- Educational Financial Assistance
- Identity and Credit Protection
- Free Checking Account
- Free Associate Premium Rate Money Market Account
- Employer Assisted Homeownership Program – Associates are eligible for a one time, secured,
5-year forgivable loan of $5,000 for down payment & closing costs associated with the purchase of
a primary residence after one year of employment.
- Parking reimbursement - Associates who work at Republic Bank Corporate Center or Republic Plaza
are eligible to be reimbursed up to $55.00 per month for parking expenses or TARC ticket
- Participating Fitness Center Subsidy
- Employee Discount Program through Tickets at Work