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#2137480 - 07/11/17 01:20 PM Bank at Work Program
Tracey, CRCM Offline
Platinum Poster
Joined: Jul 2015
Posts: 542
Gorham, ME
Morning! Looking for financial institutions that offer bank at work programs. If you have one, can you message me? I have some questions as we are looking into implementing one.

Thank you!
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Tracey

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General Discussion
#2137494 - 07/11/17 02:50 PM Re: Bank at Work Program Tracey, CRCM
Tennismom Offline
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Tennismom
Joined: Jan 2004
Posts: 778
Tracey,

Are you speaking of a bank at work program in the sense that the bank goes onsite to a business and performs banking functions similar to those provided at a brick and mortar branch (accepts deposits, cashes checks) or are you referencing a bank at work program where the business is a bank customer and the bank offers the employees of the business certain “perks” that they would not receive otherwise, such as reduced closing costs on a mortgage, preferred rates on CDs, etc.?

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#2137520 - 07/11/17 03:55 PM Re: Bank at Work Program Tracey, CRCM
Tracey, CRCM Offline
Platinum Poster
Joined: Jul 2015
Posts: 542
Gorham, ME
Hi Tennis-

Your 2nd option: bank at work program where the business is a bank customer and the bank offers the employees of the business certain “perks” that they would not receive otherwise, such as reduced closing costs on a mortgage, preferred rates on CDs, etc.?
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Tracey

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#2137521 - 07/11/17 04:04 PM Re: Bank at Work Program Tracey, CRCM
rlcarey Offline
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rlcarey
Joined: Jul 2001
Posts: 83,364
Galveston, TX
If you are tying loan products to this offering, you need to make sure that their employee base represents a cross section of your AA demographics, otherwise you may have a disparate impact issue.
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