The BankFive, one of America's original five cent savings banks, was chartered on April 10, 1855. While most banks demanded a minimum deposit of $1 to create an account at the time, they only required a five-cent deposit, making it more accessible to many of the factory employees who worked and lived in the region. They are committed to helping you achieve your financial objectives and improving the lives of their neighbors in Massachusetts and Rhode Island as members of the SouthCoast community. Allow them to demonstrate what it means to be a community bank, a bank run by and for the people. Because BankFive is a terrific place to work, many of their workers joined early in their careers and have stayed for decades. They are dedicated to career progression and development for motivated individuals who share their values and demonstrate a desire to learn and improve. Their perks scheme also demonstrates how they value their employees: Short- and long-term disability insurance, life insurance, Section 125/Flexible Spending Account, 401(k) plan with safe harbour and bank match, Employee assistance programme, Voluntary benefits through Colonial Life, Paid vacation, personal time, and holidays.
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