Employee Benefit Options
A premium banking program for your employees...HNB@Work.
If you are looking for new ways to attract and retain employees, HNB offers members only banking solutions exclusively for employees of our premier corporate clients. HNB offers exclusive premium benefits for you and your top executives. Including free e-Bill Pay, discount on new car loans, discount on mortgage closing costs, bonus CD rates, free financial review session, no fee systematic savings and investment plans, and a no fee personal financial management system. Stellar Service is available for you and your top management team.
For our direct deposit customers, we also provide a customized website for your employees with access to exclusive banking benefits, personal financial management tools, and information about your direct deposit, HSA, health insurance, retirement and benefit plans.
Direct Deposit & Payroll
Direct Deposit will save your company money, improve productivity and can be promoted as an employee benefit. HNB Bank offers Direct Deposit via e-Cash Management or through web based Automated Clearing House software including forms, guides and software. The electronic transfer of funds from your Payroll Account will allow employees' net pay information to be electronically credited to their designated checking and/or savings account(s) at any bank, savings institution, credit union or brokerage. Call us today to learn how to deploy this solution at your business.
Health Savings Accounts
Health Savings Accounts are a new option for health insurance and are designed to help individuals save for qualified medical and retirement health expenses (as defined by the IRS) as well as for businesses to be able to provide affordable health insurance plans with income tax benefits. The HSA consists of two parts: (1) a qualified, high-deductible health insurance policy (HDHP) that covers substantial medical expenses, and (2) a savings or investment account from which one can withdraw money tax-free for qualified medical expenses. Any adult who is covered by a qualified high-deductible health plan (HDHP), and is not covered by any other plan, including Medicare, may establish an HSA.
HSAs are portable, the account can travel with an employee from job to job, and funds can accumulate without the annual use-it-or-lose-it requirement of a Flexible Spending Account, enabling contributions and earnings to accrue tax-free, just like an Individual Retirement Account (IRA). Funds distributed from the HSA are not taxed if they are used to pay qualified medical expenses. To encourage saving for health expenses after retirement, individuals age 55 and older are allowed to make additional catch-up contributions to their HSAs. Call us today to learn more about adding this affordable and attractive solution to your benefit offering.
HNB personalized investment and retirement planning for individuals and group retirement plans. Did you know for as little as $10.00 per month per employee you can provide a retirement plan? Best of all, these plans provide tax benefits for you, your employees and your business (consult your tax advisor).
Our Investment Executives can also offer Asset Allocation, Life Insurance, Self-Directed IRAs, Financial Planning, Portfolio Management, and Qualified Retirement Plans for both you and your employees as well as a no-obligation Financial Check-Up of your organization's employee benefit program and your personal trust review.
Securities and investment advisory services offered through RAYMOND JAMES FINANCIAL SERVICES, INC., Member FINRA / SIPC, • are not insured by FDIC or any other bank insurance • are not deposits or obligations of the bank • are not guaranteed by the bank, and • are subject to risks, including the possible loss of principal.