Employee Benefits

New England Federal Credit Union offers a generous benefits package to eligible employees; many that are effective as of date of hire! 

Benefit Highlights

Medical, dental, and vision insurance for employees and their families
    • Medical: we offer a traditional PPO plan and a high deductible health plan with an employer-funded Health Savings Account (HSA)
    • Flexible Spending Accounts (FSA) – Health and Dependent Care 
    • A subsidized medical insurance opt-out provision for those who choose not to enroll in medical
    • Medical and dental benefit premiums are set on a sliding scale based on the employee’s annualized salary
Retirement - 401k
    • Competitive employer match
    • Plan will contribute 3% to all eligible employees regardless of employee participation
    • Financial and retirement planning seminars
Eligibility to participate in annual bonus program
Annual Paid Time Off (PTO)
11 annual set paid holidays
Annual paid sick time
Paid volunteer time
100% employer paid life insurance, long and short term disability protection
Reduced rates on products and services
Employee and household member Employee Assistance Program (EAP)
Ad hoc gifts for birthdays and Thanksgiving (for example)
Telecommuting and Remote work possible for certain roles
Wellness perks
    • Smoking & weight loss incentives
    • Access to wellness related resources and seminars
    • Ergonomic support
    • Gym and other physical activity subsidies
Career development and training opportunities
    • Company administered Stay With Us and Grow Program
    • Partnership with Champlain College – TrueEd Program
    • Tuition pre-payment program
    • Student debt relief

Note: Benefit eligibility is generally regular employees working 30 hours or more per week. However certain benefits are available to all employees.

NEFCU is an equal opportunity employer.