No. 28: City Bank

August 25, 2015, 10:00 p.m. EDT 1 Min Read

Special Report: The Best Banks to Work For
No. 10: City Bank

City Bank, founded in 1941 as First Bank of Morton, operates more than 20 branches in Texas and New Mexico. The name changed to City Bank in 1984.

October 26
No. 17: City Bank

At City Bank, the work-life balance is tilted in favor of having a life.

October 28
10 Ways to Keep Employees Healthy (and Contain Health Care Costs)

Location: Lubbock, Texas
Assets: $2.4 billion
Employees: 642
President and CEO: Cory Newsom
www.citybankonline.com

Popular with employees: A highlight of the annual Easter egg hunt is $2,000 of cash hidden in the eggs.

Activity to relieve stress/promote fun: At the "Swap in the City" event, female employees give away clothes and accessories they no longer want to each other. The bank adds new work attire to the mix.

Communication tool/practice: A workplace ambassador is available to listen to employees' concerns confidentially.

MORE FROM AMERICAN BANKER

M&A

Banner year for CU-bank tie-ups extends with deal in Maryland

Hanscom Federal Credit Union in Massachusetts said it would acquire Peoples Bancorp and its insurance agency. It marked the 21st deal of the year involving a credit union buying a bank.

By Jim Dobbs

December 20
OCC

OCC highlights growing pressures in 'sound' banking system

The OCC's 2024 annual report said that while the federal banking system remains stable, it faces challenges such as rising credit costs, declining net income and increasing nonperforming loans.

By Ebrima Santos Sanneh

December 20
Industry News

BNY expands employee benefits, boosts minimum wage to $25 per hour

BNY announced expanded employee benefits and a boost in its minimum wage for all U.S.-based employees; Synovus has added former FIS executive Greg Montana to its executive board; National Bank Holdings sold off a fifth of its securities portfolio; and more in this week's banking news roundup.

By Editorial Staff

December 20
Payments

Technology, fees and a mega-merger: top payments news of 2024

The Capital One-Discover merger, the war against Visa and Mastercards' swipe fees and budding payment technologies were most popular with American Banker readers in 2024.

By Editorial Staff

December 20
Social media

Banks fleeing X may soon turn to Bluesky

Financial institutions that build a presence on the social media platform could gain a first-mover advantage and a communications channel with potential customers, experts say.

By Keith Button

December 20
Litigation

CFPB sues BofA, JPM and Wells over Zelle fraud

The Consumer Financial Protection Bureau sued three of the largest U.S. banks for fraud perpetrated on the bank-owned payment network Zelle, alleging shoddy safeguards and millions in consumer losses.

By Kate Berry

December 20