Independent Banker - April 2024 - 10

CURRENCIES
NEWS
Alliance Bank has built
a positive reputation
due to its continued
community involvement.
THE CHECKLIST
5 employee benefits
that will set your
bank apart
Unconventional yet valuable
offerings could be your bank's
differentiator in a competitive
job market.
PET INSURANCE
Offering pet insurance is a great
way to show your employees
you care about them and their
furry family. Younger employees
especially seek this benefit out.
Alliance Bank elevates
community wellness
Last October, $440 million-asset Alliance Bank in Francesville,
Ind., donated $1,000 to the Community Wellness Center of
Winamac, a local gym. Alliance Bank has made this pledge for
the past 13 years in support of the gym's youth programs, which
foster community involvement and physical wellness.
When choosing when and where to donate, Kelsie Zellers,
AVP and relationship manager at Alliance Bank's Winamac
branch, notes that the community bank " [makes] it a priority to
contribute to organizations that share similar values. " Through
these donations, Alliance Bank further commits itself to the
communities it serves and invests in their future economic
development and enrichment.
" We continually receive positive feedback from the community
about our involvement, " says Zellers. " When there is an upcoming
event that needs manpower, we have had community members
recommend Alliance Bank as the first to ask because they are so
accustomed to seeing us out and about. "
This strong community presence helps Alliance in its
recruitment efforts, too: Six experienced bankers recently chose
to work there because of it. Alliance believes that what you give
to your community, you get back in spades. According to Zellers,
" When Alliance Bank grows, our community grows. "
-Lennon Gray
10 // ICBA Independent Banker // April 2024
FERTILITY ASSISTANCE
Health insurance often doesn't
cover much of fertility treatment's
costs. Investing in future parents
can not only alleviate financial
burdens but aid in employee
retention and loyalty.
TUITION ASSISTANCE
Offering tuition assistance for
employees who hope to continue
professional development or start
their child's college fund can be a
huge asset to benefit packages.
HOME OFFICE STIPENDS
If your bank allows remote
working, a stipend for home
office expenses can be a game
changer and also support remote
employees' productivity.
VOLUNTEER TIME OFF
Harvard Business Review says
it's becoming more common for
employers to set aside paid time
off that their employees can use
for volunteering. Aside from the
benefits to employees, it can
strengthen bonds within the
community-an essential aspect
of community banking.

Independent Banker - April 2024

Table of Contents for the Digital Edition of Independent Banker - April 2024

Contents
Independent Banker - April 2024 - Cover1
Independent Banker - April 2024 - Cover2
Independent Banker - April 2024 - Contents
Independent Banker - April 2024 - 2
Independent Banker - April 2024 - 3
Independent Banker - April 2024 - 4
Independent Banker - April 2024 - 5
Independent Banker - April 2024 - 6
Independent Banker - April 2024 - 7
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Independent Banker - April 2024 - Cover3
Independent Banker - April 2024 - Cover4
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