Sheffield, Ala.− Wednesday, October 28, 2020 – Bank Independent has been named one of the Best Banks to Work For in 2020. This marks the second year in a row this prestigious honor was awarded to the Bank.
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. Full results of this year’s program are available at American Banker and in the November issue of American Banker Magazine. Bank Independent was ranked number 21 out of only 85 banks in the country that made the list. They were one of only three banks in the state of Alabama selected and the only North Alabama bank.
“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.
“What an incredible honor to be named as one of the Best Banks to Work for 2020,” said Rick Wardlaw, CEO of Bank Independent. “Last year we were ranked 36th out of only 85 banks acknowledged nationwide. To be recognized again, and to have achieved an elevated position of 21st is testament to the culture we have created at the bank. We strive to create an environment that is fun to work in, where excellent work is acknowledged and rewarded with benefits second to none, and every day provides our team members the opportunity to make a positive difference in people’s lives. This ranking reflects our success both for our team members and as an organization.”
To go directly to a full list of this year’s winning banks, click here.
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.
The Best Banks to Work For 2020 award marks the third prestigious honor conferred on Bank Independent this year. Business Alabama recognized the bank as one of the Best Companies to Work for in Alabama 2020 ranking #3 for companies in the large company division. Bank Independent was also awarded Forbes Best-in-State Banks ranking #1 in the State of Alabama based on overall recommendations and satisfaction in the areas of customer trust, terms and conditions, branch services, digital services and financial advice.
About Bank Independent
Since 1947, Bank Independent has taken pride in serving the customers who count on us to be there for them when they need us most. With 28 traditional Sales Offices across North Alabama and one Digital Sales Office, we’re committed to providing the best service, designing the most desired products and creating an overall excellent experience for each and every customer. As a local community bank, we believe in building relationships that run deep and last. All of our employees reside in our local communities and believe in giving back through volunteering. To become part of a bank that makes a positive difference in people’s lives, visit us at bibank.com.
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For more information, press only:
Bank Independent, Marketing Department for Bank Independent, (256) 386-5000, ma@bibank.com
Photo:
Rick Wardlaw, CEO of Bank Independent
Lori Hall, V.P. Comptroller at Bank Independent