Employee benefits

SECU rolls out $1,000 bonuses for staff as pandemic hits one-year mark


The nation's largest second credit union is thanking all full-time employees for their work since COVID hit. But even as vaccinations ramp up, remote work will be the norm for most for several more months.


NAFCU to CDC: Prioritize coronavirus vaccinations for credit union staff


The trade group is the latest to call for financial services workers to be moved closer to the front of the line as COVID-19 vaccinations are distributed.


CUTX ramps up testing for COVID, antibodies


The Allen, Texas-based institution is crediting a robust on-site medical program with helping keep staff and members safe.


2020 in review, from COVID upheaval to the taxi medallion mess


A look back at a year in which little went according to plan for credit unions.


Citi to offer workers a 12-week sabbatical, extra vacation days


Citigroup will soon offer workers the ability to take a 12-week sabbatical as part of a bevy of new employee perks in the wake of the coronavirus pandemic.


BofA extends pandemic benefits for caregivers through March


Bank of America is extending pandemic benefits for employees who need child or adult care services.


Another round of hazard pay unlikely as pandemic’s second wave worsens


Some credit unions that gave bonuses to front-line staff at the onset of the coronavirus outbreak may be too cash-strapped to offer similar payouts during this latest surge.


COVID taking a toll on credit union employees' mental health


Some workers have thrived while working remotely but others miss the social interaction of an office, and the recent surge in coronavirus diagnoses means employers will be facing these challenges well into next year.


How employers can support workers thrust into caregiving roles


Many employees, particularly women, are likely to become unexpected caregivers at some point. Companies should do more to ease their burden, says a top retirement and wealth specialist at Bank of America Merrill Lynch.