Health Insurance

Your health and wellness matters! With a variety of options, you are certain to find coverage that fits your needs. Eligible employees have access to:

• Generous Traditional Health Insurance Plan, including: Flex Spending Account (FSA) & reduced monthly premiums when participating in our Wellness Program

• High Deductible Healthcare Plan (HDHP) including access to our valuable WaterStone Bank HSA product

• Virtual Access to Teladoc Medical Provider

• Serve You Rx- Prescription Coverage

• Dental Insurance

• Vision Insurance

Paid Time Off

Full Time Employees have a generous paid time off package that continues to grow throughout years of service and all employees can take advantage of our 8 paid holidays each year, including:

• New Year's Day

• Martin Luther King Jr. Day

• Memorial Day

• Independence Day

• Labor Day

• Thanksgiving Day

• Christmas Eve (1/2 day)

• Christmas Day

Retirement Planning

We want you to feel prepared for your financial future! All our employees have immediate access to our 401k plan which includes:

• An Employer Match of your payroll contributions

• Rollovers from previous plans

• Control over your investment strategies

• Access to tools and resources to help you make informed decisions

• Free Financial Consultations

Eligible employees enrolled in our Employee Stock Option Plan (ESOP) will be gifted with shares of WSB stocks on an annual basis which will grow exponentially from year to year. The ESOP dramatically increases your retirement savings balance to help you save for the retirement you deserve!

Work-Life Balance

Having a healthy balance between your work life and your home life is essential to protecting your mental health and your physical health! We encourage our employees to have a healthy Work-Life Balance by offering:

• Flexible Work Schedules

• Hybrid Work Schedule (if applicable)

• Generous PTO

• Paid Holidays

• Access to On-Site Workout Facilities

• Discounts and Passes to area attractions

Well-Being Benefits

We are committed to fostering all aspects of our employees’ well-being. We offer a variety of comprehensive well-being opportunities, including resources for:

Physical Well-Being
• Access to 2 Exercise Facilities at no cost!
• Access to our Wellness Plan program

Mental Well-Being
• Flexible Work/Life Balance
• Access to various Mental Health Resources
• Employee Assistance Programs (EAP)

Social Well-Being
• We Care Employee Donation Match Program
• Volunteer opportunities to support local community organizations
• Access to area attractions and events

Professional Well-Being
• Tuition Reimbursement Program
• Leadership Training
• Job Shadow Program

Financial Well-Being
• Employer Paid Life & AD&D Insurance
• Employee Referral Program
• 2 Free Employee Checking & Savings Accounts
• Additional employee perks on all our products and services
• Access to our Wealth Management Partner

Flexible Spending Account

Flexible spending accounts (FSAs) help you save money by being able to pay for out-of-pocket expenses pre-tax! Funds added to an FSA are conveniently deducted from your paycheck and can be accessed through multiple options, including a Debit Card!

FSA funds can be used toward:

• Medical Treatments

• Prescriptions

• Dental Work

• Vision Needs

• Childcare Expenses

• And More!

Disability Income Benefits

You should never have to choose between your health and your finances which is why WaterStone covers the cost for Short-Term and Long-Term Disability Income Benefits.

With these benefits, eligible employees may receive up to 60% of their income to help alleviate the financial burden while you focus on your health.

Supplemental Insurance

We understand that the unexpected can happen, which is why an employee can choose to enroll in supplemental products for added protection. These include:

• Life and AD&D Insurance

• Hospital Indemnity

• Critical Illness

• Accident Insurance

These voluntary insurance benefits are available to employees who work at least 20 hours per week.

Identity Theft Protection

With Identity theft on the rise, we wants to help protect our employees from the distress that Identity Theft can cause. We partner with Identity Guard to offer participating employees additional protection and peace of mind.

When Identity Guard detects the use of someone’s personal information, the individual will be notified so they can stop the theft in its tracks. Our Identity Theft Protection Program also includes:

• Credit Monitoring

• Bank Account Opening Alerts

• Dark Web Monitoring

• Family Plans

• Dedicated Support

• Up to $1 Million to cover support and stolen funds