Bank Independent has been named one of the 2023 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 marks the fifth year in a row this prestigious honor was awarded to the Bank.

“Our team members are our most valuable asset,” Bank Independent CEO Rick Wardlaw says. “We strive to create a supportive and collaborative workplace where our team can thrive. Being recognized as one of American Bankers’ Best Banks to Work For in 2023 affirms our commitment to team members. Our goal is for every team member to feel appreciated and engaged. We want this to be a place our people look forward to coming to each day. This award shows we are on the right track in making Bank Independent a great place to work, which ultimately benefits our customers and community.'”

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 banks recognized on this list are trying hard to create workplaces that employees want to join,” said Chana R. Schoenberger, Editor-in-Chief of American Banker. “Especially during this moment when companies are experiencing a shift in how, where, and how much employees work, banks are paying attention to how they can best retain their people.”

On the 2023 list, Bank Independent was ranked No. 34 in the category for banks. 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.

To view the full 2023 Best Banks to Work For list, please visit www.americanbanker.com. For more information, please visit www.bibank.com.