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Employee Benefits
Employee Benefits
We put people first every day by offering the very best benefits
What Our Employees Say
I love our vacation policy. It really is second to none. We offer three weeks of vacation in the first five years of employment. One of my favorites is getting your birthday as a comp day.
Human Resources Generalist
My favorite benefit is our 401K. I took it right from day one. If you’re in a company that’s going to match dollar for dollar up to 7 percent, to me that’s a no-brainer.
Brand & Creative Assistant Manager
I carry all the health benefits for my family – my husband and three children – and they’re very good. It’s one of the most important reasons that I stay here at DCU.
Mortgage Loan Officer
Healthcare
Medical, Dental, and Vision Benefits
Available to full and part-time employees who work a minimum of 20 hours per week from date of hire. Domestic partner coverage is available. Employees each receive a weekly Cafe plan contribution that can be used toward health plan costs.
Retirement
401(k) Retirement Plan
To encourage and help employees to plan for their retirement, DCU offers a 401(k) plan which permits an employee to defer taxes on the portion of his/her annual income which is deposited into the plan, using a variety of plan funds and investment options.
DCU matches 100% dollar for dollar up to 7% of an employee's salary. Employees are eligible to participate on the first day of the next quarter following their hire date. DCU will also make an annual, age-weighted discretionary contribution to employees' 401(k) plans. This contribution is made to every eligible employee.
Paid Time Off
Vacation and Paid Leave
DCU recognizes the importance of vacation time in providing the opportunity for rest, recreation, and personal activities.
Employees begin with 15 days (3 weeks) of vacation their first year and earn 20 days after 5 years, 25 days after 10 years, and 30 days after 15 years. They can carry up to two weeks of vacation over to the next year, and can sell back earned time.
Employees also receive personal days equivalent to their standard hours. The number of personal days varies each year based on the federal holiday schedule. In addition to the federal holidays, employees at DCU receive a day off on the Friday after Thanksgiving and a day for their birthday for a total of 14 paid days per year.
Leaves and Disability Coverage
DCU provides both short-term and long-term disability insurance. Leaves include: maternity/paternity, bereavement, personal leave, and military leave.
Success Sharing
Shared Bonus Program
Growth and member satisfaction are important indicators of how well we are delivering on our promise to our members. We recognize our employees make it happen. As a result, we reward employees for achievement through DCU's "Success Sharing" – a company-wide bonus program. By working together as a team to achieve common goals, every employee, with the exception of the CEO, is eligible to earn a bonus up to 10% of their annual salary.
Life Enhancers
Life Insurance
DCU provides a group term life and AD&D insurance policy equal to one times the employee's annual salary at no cost to the employee. This benefit is available to full and part time employees who work a minimum of 20 hours per week. Supplemental Life and AD&D insurance coverage is also available for purchase for the employee, spouse, and dependent children.
Reimbursement Accounts
DCU provides money-saving opportunities to employees for out-of-pocket expenses incurred for health and dependent care by offering optional Pre-tax Health Care and Dependent Care Reimbursement accounts.
Employee Assistance Program (EAP)
DCU offers this resource free to employees and their families to help with everyday issues. The EAP provides confidential services 24 hours per day, including counseling, tips on tape, library by mail, and online access.
220 Donald Lynch Boulevard
PO Box 9130
Marlborough, MA 01752-9130
800.328.8797
ABA Routing Number: 211391825
NMLS# 466914
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Federally insured by NCUA
