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Wage Hike, Special Bonuses
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Great Western Bancorp, Inc. __ Minimum Wage Hike, Special __ in Wake of Tax _
SIOUX FALLS, SD – __ 10, 2018 – Great __ Bancorp, Inc. ( NYSE:GWB ), the parent company __ Great Western Bank ( www.greatwesternbank.com ), announced investments today __ its employees and community __ as a result of tax reform package. The _ include:
- Raising the minimum wage __ $15;
- A special one-time $500 or wage increase for _ 70% of its workforce;
- Enhancements to employees’ health _ offerings effective for the 2018 enrollment period; and
- The doubling of its _ contribution to its Making _ Great Grants community reinvestment __.
“We want to kick 2018 by investing in people and communities,” said Karels, Chairman, President and of Great Western Bancorp, . “We are proud of people and their commitment __ our mission to Make _ Great. We felt it important to reward their _ work and dedication with _ special bonus, the minimum _ hike and the health _ enhancements.”
In addition to making _ in its people, Karels _ the Company is planning __ double its annual contribution __ its hallmark community reinvestment __ – Making Life Great _.
“The doubling of our to our Making Life Grants program reflects a _-_ expansion in our ability __ invest in and revitalize communities for years to _,” Karels continued. Giving back __ the communities where we _ and live is part __ our culture and aligns _ our mission to Make _ Great. It’s the right to do.”
The investments in people community will take effect _ the next several months.
About Great Western Bancorp, .
Great Western Bancorp, Inc. __ the holding company for Western Bank, a full-service bank focused on relationship-based and agribusiness banking. Great __ Bank offers small and - businesses a focused suite __ financial products and a of deposit and loan to retail customers through __ channels, including the branch __, online banking system, mobile __ applications and customer care __. The bank services its _ through more than 170 in nine states: Arizona, , Iowa, Kansas, Minnesota, Missouri, , North Dakota and South _. To learn more about Western Bank visit www.greatwesternbank.com.
Forward Looking Statements
The materials posted may __ forward-looking statements, including guidance, _ significant risks and uncertainties, will be identified by such as "believe," "expect," "," "intend," "estimate," "should," "is _," "will," "going forward" and expressions that indicate future _ and trends and may __ followed by or reference statements. A number of __ could cause actual results __ differ materially from those __ the forward-looking information. These __ are outlined in our _ recent earnings press release in more detail in most current 10-Q and 10-_ filings. Great Western Bancorp, . disclaims any obligation to _ any of the forward-looking that are made from _ to time to reflect _ events or developments or __ in expectations.
Great Western Bancorp, Inc.
Media Contact:
Ann Nachtigal, 605.988.9217
[email protected]
Investors Contact:
David Hinderaker, 605.988.9253
[email protected]
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