First United Bank has been named one of the 2024 Best Banks to Work For. American Banker has partnered with Best Companies Group to identify banks that excel at creating positive and supportive workplaces for employees.
This year 90 banks earned a spot in the ranking of Best Banks to Work For, based on an anonymous employee survey and a thorough review of the benefits and perks offered. The full list of the 2024 Best Banks to Work For will be featured at www.americanbanker.com on Nov. 12.
“The Best Banks to Work For represent institutions helping employees achieve their goals,” said Chana Schoenberger, editor-in-chief of American Banker. “These banks recognize how important it is for their staffers to be happy about the work they do and the environment in which they spend their days.”
On the 2024 list, First United Bank was named for the 9th consecutive year. The survey and awards program is designed to identify and honor banks with the best cultures for helping employees thrive.
Determining the Best Banks to Work For involved a two-step process. The first consisted of evaluating each participating bank’s workplace policies, practices, and demographics. This part of the process was worth approximately 25% of the total evaluation. The second consisted of employee surveys aimed at assessing the experiences and attitudes of individual employees with respect to their workplace. This part of the process was worth approximately 75% of the total evaluation. The combined scores determined the final ranking.
To be considered for participation, banks had to have at least 50 employees working in the U.S. and been in business for a minimum of one year. Best Companies Group managed the registration and survey process and also analyzed the data to determine the final ranking.
For more information on the Best Banks to Work For program, visit www.BestBankstoWorkfor.com.
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