Benefits for Employees

As your bank partner, State Bank can offer your employees exclusive account options with added benefits and savings at no cost to you. It's a program we call ShareSmart@Work, and it’s our way of giving a little something back to the employees who work so hard to make your business successful.

• Earn $100.00 with new State Bank Cash Rewards checking¹
• Earn .25% discount off a consumer loan with automatic payment²
• Receive $100.00 off new mortgage loan closing costs³
• No closing cost home equity line with simultaneous mortgage closing⁴
• Earn 2,500 Reward Points with a new qualified State Bank Visa® Credit Card⁵

• Complimentary financial plan review through our Wealth Management team⁶
  Not FDIC insured. May lose value. Not financial institution guaranteed. 
  Not a deposit. Not insured by any federal government agency.

Cannot be combined with other offers. All loans and lines of credit are subject to credit approval. Terms and conditions apply. Offer expires 6/1/23. 
¹Open a new State Bank Cash Rewards checking account. To receive $100 bonus, complete all of the following within 60 days of account opening: sign up for eStatements, debit card and direct deposit, and have at least one direct deposit transaction to the account. The $100 bonus will be deposited into your new account within 30 days of meeting the promotion requirements. Offer available to individuals without an existing checking account at State Bank. A $25.00 fee applies if a checking account is closed within 180 days. Minimum to open account is $25.00. Does not bear or earn interest. The value of the bonus may be reported on the appropriate Internal Revenue Service (IRS) forms, and may be considered taxable income to you. Please consult your tax adviser regarding your specific situation.
²Auto payment from a State Bank account required. Excludes specials and home equity lines of credit.
³ Available to new State Bank mortgage customers only. 
⁴Home Equity Line application must be completed at time of mortgage application and close simultaneously. The Annual Percentage Rate (APR) is variable and is based upon an index, plus or minus a margin. The APR will vary with Prime Rate (the index) as published in the Wall Street Journal. Your APR will depend upon your credit score and the loan-to-value (LTV), ranging from Prime Rate - 0.25% to Prime Rate + 2.50%. The plan has a variable rate feature and your APR will not exceed 18%. The “no closing cost” offer results in a waiver of the $299 Documentation Fee typically assessed for Home Equity Lines of Credit. The “no closing cost” offer does not refer to or include costs such as property taxes and insurance, which are the responsibility of borrower. An early termination fee equal to 2% of the credit limit up to a maximum of $350.00 will be charged if the account closes within 24 months. Consult your tax advisor about the deductibility of interest. Property insurance is required (and flood insurance, if applicable).
⁵Minimum charge(s) of $1,000 must occur within 90 days of account opening to qualify.

Employees are also looking for affordable healthcare options. State Bank can help with that. We can offer Health Savings Accounts (HSA) for employees with health insurance plans with high deductibles. HSAs work like a checking account for qualified medical expenses. A few of the benefits include:

• Interest bearing account
• Contributions are tax deductible
• Earnings are tax deferred
• Distributions are tax-free when used for Qualified Medical Expenses.
• No “Use it or lose it” – Balances roll over year after year

Apply Now to open a Health Savings Account. Opens a New Window.

Help your employees reach financial independence and build a strong foundation for the future with retirement planning and 401(k) services as part of your benefits package.

• Defined contribution and benefit plans
• IRA rollovers and management
• Qualified plan design and administration
• Allocate and maintain plan participants’ records
• Employee education and counseling