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Some banks are coming up with creative strategies for dealing with the rising cost of health care, from on-site clinics to full-time wellness coordinators. They also are softening the blow of high-deductible plans by phasing them in and contributing to employees' Health Savings Accounts.
October 26 -
Chesapeake, founded in 1900, operates 12 branches in southeastern Virginia, as well as a loan production office in Richmond. A subsidiary in Williamsburg, Va., Chesapeake Investment Group, offers wealth management services.
October 26 -
Close enough counts at Chesapeake Bank, at least where the 40-hour workweek is concerned.
October 28
Location: Kilmarnock, Va.
Assets: $659 million
Employees: 209
Chairman, President and CEO: Jeffrey Szyperski
Popular with employees: Professional development is a top priority at Chesapeake. All employees have the chance to advance their careers with additional training paid for by the bank.
Community service initiative: Chesapeake employees, from senior management down, participated in the ALS Ice Bucket Challenge in 2014. Videos of employees getting doused with ice water were posted on YouTube and Facebook.
Communication tool/practice: The CEO calls employees on their birthdays and often encourages them to contact him directly with concerns.