The Best Banks to Work For program, which was initiated in 2013 by American Banker and Best Companies Group, identifies, recognizes and honors U.S. banks for outstanding employee satisfaction. Unique to this year’s list of honorees is the impact of the COVID-19 pandemic and the responses taken for the well-being of employees. Full results of this year’s program are available at American Banker and in the November issue of American Banker Magazine.
“One of the critical factors in a bank's success is how it treats its employees. This year's list honors those institutions which have gone above and beyond to invest in employees' personal and professional growth,” said Alan Kline, editor in chief of American Banker.
Determining the Best Banks to Work For involves a two-step process. The first step involves an evaluation of participating companies’ workplace policies, practices, and demographics. In the second step, employee surveys are conducted to directly assess the experiences and attitudes of individual employees with respect to their workplace. The combined scores determine the top banks and the final ranking.
“It’s difficult to express how special it is to be recognized a third time as a Best Bank, especially during the challenges we all faced during the pandemic,” shared Alice P. Frazier, President and CEO of BCT. “Our BCT team faced difficulties never imagined yet we worked together in support of each other as well as our customers. This was a heroic year for our people and I am proud that they felt we’re still a great place to work.”
To go directly to a full list of this year’s winning banks, click here. This hyperlink, currently linking to the 2020 Best Banks to Work for list, will automatically update to link to the 2021 list once that is released.
Best Companies Group managed the overall registration and survey process and also analyzed the data and used their expertise to determine the final ranking.
The program is open to commercial banks, thrifts, savings banks and other chartered retail financial institutions with at least 50 employees in the United States. For more information on eligibility or other questions related to the Best Banks to Work For program, visit www.BestBankstoWorkFor.com or contact Gabriela Marushak at 717-323-5217.