Worklife, SunTrust benefits, at SunTrust Balance

Worklife At SunTrust

At SunTrust we know that the health and well-being of our teammates and their families has a direct impact on how we do business. With that in mind, we offer several types of comprehensive health insurance for both full-time and regular part-time teammates beginning the first of the month following one month of employment. Our health insurance benefits are designed to help keep you and your family healthy and provide high-quality care when you need it.

Medical insurance designed to fit your needs

Full-time and regular part-time teammates are eligible for medical insurance beginning the first of the month following one month of employment. SunTrust has many plans—all include a prescription drug plan.

  • A preferred provider organization (PPO)
  • A choice between two high-deductible health plans with an optional health savings account

Dental coverage you can smile about

Full-time and regular part-time teammates are eligible for dental coverage beginning the first of the month following one month of employment. Discounts are available if you choose to see a dentist in the PPO network.

  • Basic plan: The most affordable choice if you don't anticipate more extensive dental work or othodontia.
  • Plus plan: A more comprehensive plan that includes orthodontia
  • Dental HMO: An HMO that includes orthodontia (subject to geographical location)

A closer look at vision benefits

Whether you want to make a fashion statement with the latest eyewear or you’re considering laser eye surgery, SunTrust’s vision care program can help. The program, available to full-time and regular part-time teammates, covers:

  • An annual eye exam
  • A wide range of lenses and frames
  • Contact lenses (in lieu of glasses)
  • Access to discounts on laser eye surgery

Pre-tax savings for some healthcare costs

A healthcare flexible spending account (FSA) allows you to set aside up to $2,550 of your pre-tax earnings for expenses not covered by your health insurance to be automatically deducted over the course of the year.

  • Co-payments and deductibles
  • Orthodontia
  • Laser eye surgery and prescription eyewear
  • Medications

Employee Assistance Program

SunTrust’s employee assistance programs span a wide range of areas, from professional and personal counseling to help finding a good childcare provider or relocating to a new city. Whatever you need, we’ve got you covered. Our goal: to help save you time and improve your quality of life.

Employee assistance programs include:

Experienced counselors here to help 24/7

As a SunTrust teammate, you’ll have access to ComPsych GuidanceResources® should you or your family members ever wish to speak with an experienced counselor.

  • Confidential counseling for both personal and professional issues
  • Experienced counselors available 24 hours a day, seven days a week
  • Five visits in any 12-month period at no expense

Financial help for adoptive parents

SunTrust recognizes the special needs of parents going through the adoption process. To help make the transition a smooth one, we provide up to $2,500 per adopted child and offer time off during the initial bonding period.

Consumer advice to help you save time and money

Planning for a trip or in the market for a big-ticket item? ComPsych FamilySource® can offer expert advice and money-saving tips on a number of consumer topics, including:

  • Purchasing a car
  • Buying a house
  • Entertaining family and friends
  • Planning a vacation
  • Relocating to a new city
  • Repairing your home
  • Obtaining a passport
  • Buying a computer

Find the best care for your children and parents

When you need assistance finding care for a child or aging parent, ComPsych GuidanceResources® can help you identify qualified caregivers, conduct background checks or locate third-party referral services you can trust.

Financial Protection

While it’s impossible to guard against all of life's perils, having the right insurance coverage can bring you peace of mind. At SunTrust, we offer full-time and regular part-time teammates a wide menu of insurance benefits designed to provide financial protection to you and your loved ones.

Basic life insurance at no additional cost

You and your family can rest easier knowing that SunTrust provides basic life insurance coverage at no cost to you. Full-time teammates receive life insurance coverage equal to one times their annual salary/benefits base. Regular part-time teammates receive $10,000 of basic life insurance coverage.

Insuring your income when you're not working

In the event that you suffer a long-term illness or injury and are no longer able to work, SunTrust’s disability insurance will cover 50 percent of your annual salary/benefits base. Full-time teammates are eligible for disability insurance beginning the day after 6 months of service. If your disability insurance needs exceed this benefit, you can purchase additional coverage.

Access to long-term care policy

With the cost of assisted-living facilities, nursing homes and home-health services increasingly expensive, long-term care can quickly erode your savings. SunTrust will help you prepare for those potential costs with long-term care insurance. It’s available for full-time and part-time SunTrust teammates interested in purchasing a policy for themselves or their eligible dependents.

When basic life insurance doesn't cover it

If your life insurance needs exceed the basic life insurance benefits provided by SunTrust, consider buying additional coverage. As a full-time or regular part-time teammate, you can purchase optional group universal life insurance for yourself and eligible dependents at competitive group rates.

SunTrust fosters a healthy work/life balance by giving you the flexibility to take time off from work when you need it.

Company holidays

  • New Year's Day
  • Martin Luther King, Jr. Day
  • Presidents Day
  • Memorial Day
  • Independence Day
  • Labor Day
  • Columbus Day
  • Veterans Day
  • Thanksgiving Day
  • Christmas Day

Vacation policy: SunTrust recognizes that time away from work promotes balance and increased productivity. With this in mind, we offer a generous vacation policy with the amount of time off based on length of service and job description.

Family and medical leave: As an teammate of SunTrust you may take unpaid time away from work with job protection and continuation of benefits. You may take a period of up to 12 weeks during a rolling 12-month period for maternity leave, family leave or any other qualifying medical event, as defined by the Family and Medical Leave Act. You may take a period of up to 26 weeks during a rolling 12-month period for certain qualifying military-related events, as defined by the Family and Medical Leave Act.

Personal sick days: SunTrust offers five paid sick days each year for incidental absences due to maternity leave, personal illness or injury. Additionally, we provide up to 10 paid days of family leave to care for a sick family member, as well as bereavement leave following the loss of a family member.

Short-term disability leave: In addition, SunTrust’s short-term disability policy gives financial protection for up to 26 weeks after your own illness or injury.

Military leave and reinstatement: SunTrust teammates who serve in the U.S. Armed Forces can count on leave and full job protection and employment rights. SunTrust takes pride in complying with the federal Uniformed Services Employment and Reemployment Act and all other applicable laws, including applicable state laws.

Jury duty: To help teammates meet their civic responsibilities, SunTrust provides excused time away from work with full pay when they are called for jury service.

As a SunTrust teammate, you can take advantage of multiple retirement options that will help make your post-career life as enjoyable as possible. Manage your own retirement dollars through the SunTrust 401(k) plan.

Putting your retirement plans on the fast track

Our 401(k) plan:

  • Automatically enrolls you in the 401(k) plan on the first day of the second calendar month following your hire date
  • Allows pre-tax and Roth after-tax contributions up to 50 percent of your eligible earnings each pay period, while letting you increase, decrease or stop contributions at any time
  • Matches your contributions dollar for dollar, up to 6 percent of eligible earnings
  • Provides that your contributions are always 100% vested
  • Provides that SunTrust's matching contributions will be 100% vested after completing two years of service


SunTrust reserves the right to modify any or all components of the company's worklife and benefit plans at the sole discretion of management. Changes may occur with or without notice.

Investment and Insurance Products:

  • Are Not FDIC or any other Government Agency Insured
  • Are Not Bank Guaranteed
  • May Lose Value

© 2015 SunTrust Banks, Inc.

Equal Housing SunTrust Bank is an Equal Housing Lender. Member FDIC.

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Services provided by the following affiliates of SunTrust Banks, Inc.: Banking and trust products, including investment advisory products and services, are provided by SunTrust Bank, member FDIC; securities, insurance (including annuities), and other investment products and services are provided by SunTrust Investment Services, Inc.; investment advisory products and services are offered by SunTrust Investment Services, Inc.; mortgage products and services are provided by SunTrust Mortgage, Inc.

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"SunTrust Advisors" may be officers and/or associated persons of the following affiliates of SunTrust Banks, Inc.: SunTrust Bank, our commercial bank, which provides banking, trust and asset management services; SunTrust Investment Services, Inc., an SEC registered investment adviser and broker-dealer, which is a member of FINRA and SIPC, and a licensed insurance agency, and which provides securities, annuities and life insurance products, and other investment services.

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