Citizens National Bank of Cheboyganbenefits

Citizens National Bank of Cheboygan's benefits plans covered 124 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $1,284,193. Insurance brokers and agents were paid $75,242 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.9% of premiums. That is $607 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 14% from $66,263 in 2024.