Banking is the center of employees’ financial lives. Challenger turns banking into a super-powered financial wellness perk for your employees.
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Challenger was created for employers who strive to offer their employees the best perks. Our employee banking product is designed to offer the best bank on the market with features chosen to improve personal financial outcomes.
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According to a study done by MetLife, a company of 10,000 employees loses $115,320 every month because of employee financial stress.
Source: Mercer via MetLife
1 in 3 employees feel that bank-related financial burdens make them more likely to switch jobs and 82% said they would be more likely to stay at their current job if offered a bank account perk.
Source: Challenger Survey
Employees who are financially stressed are 32% less satisfied with their current job. Financial wellness offerings increase employee satisfaction.
Source: MetLife
✓ Challenger Checking Account
✓ Absolutely Zero Fees
✓ Use Anywhere Debit Card
✓ Bank Anywhere Mobile App
✓ Access to 55k ATMs
Depository services provided by LendingClub Bank, N.A., Member FDIC, Equal Housing Lender ("LendingClub Bank"). The Challenger Mastercard®️ Debit Card is issued by LendingClub Bank pursuant to a license from MasterCard International and may be used everywhere Mastercard debit cards are accepted.
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