CONVERSE, Ind., Dec. 26, 2017 /PRNewswire/ -- In response to the recently passed legislation affecting corporate tax, Gene Miles, President and CEO of First Farmers Bank & Trust, recently announced a new corporate wage and community support program that commits to four points of emphasis.
- Raise the minimum hourly starting wage by $2.50 for all new FFBT employees.
- Provide a minimum year-end bonus of $750 annually to all full time FFBT employees.
- Invest a minimum of $250,000 annually to community development and support of local branch markets.
- Invest a minimum of $150,000 annually to FFBT employee development and education.
"With this special opportunity, we are pleased to further our commitment to our community and to our people. Since 1885, First Farmers has prided itself in supporting the communities in which we serve and our employees are the primary reason for our corporate success and growth," Gene Miles, President and CEO, First Farmers Bank & Trust.
First Farmers Financial Corp is traded on the OTC Markets Group, Inc. "OTCQX" exchange under the linked ticker symbol: FFMR
First Farmers Financial Corp is a $1.7 billion financial holding company headquartered in Converse, Indiana. First Farmers Bank & Trust has 27 offices throughout Carroll, Cass, Clay, Grant, Hamilton, Howard, Huntington, Madison, Marshall, Miami, Starke, Sullivan, Tipton, Vermillion, Vigo and Wabash counties in Indiana and 7 offices in Coles, Edgar and Vermilion counties in Illinois.
SOURCE First Farmers Bank & Trust