How we pick the Best Banks to Work For

(Jump to the rankings)

This is American Banker's second annual ranking of the Best Banks to Work For. You can see the inaugural ranking here.

The analysis is performed with the Best Companies Group, which conducts extensive employee surveys and reviews employer reports on benefits and policies.

Companies must opt in to be considered; there is no fee to participate. To be eligible, applicants must be commercial or retail banks, or the commercial or retail banking units of diversified financial services companies. They also must have at least 50 employees working in the United States.

The employer questionnaire captures information about workplace policies and practices. The employee survey, typically conducted online, consists of approximately 80 statements that employees respond to on a 5-point agreement scale. The survey also includes two open-ended questions and seven demographic questions.

For companies with fewer than 200 employees, all employees are surveyed. At larger companies, Best Companies Group randomly selects between 250 and 400 employees to participate, depending on the company's size. In both cases, the targeted response rate is 65 percent or more, although companies with lower response rates may still be considered.

Both data sets are analyzed to determine the ranking. Some applicants may not rate high enough to qualify for the ranking. An Employee Feedback Report is available for purchase by participating banks.

For information on applying to next year's ranking of American Banker's Best Banks to Work For, please visit www.bestbankstoworkfor.com.

  1. Live Oak Bank
  2. Pinnacle Financial Partners
  3. 1st National Bank
  4. Avenue Bank
  5. First Citizens National Bank
  6. First Federal Savings and Loan
  7. Bell State Bank & Trust
  8. Redwood Capital Bank
  9. Capital City Bank
  10. City Bank
  11. Chesapeake Bank
  12. Veritex Community Bank
  13. 1st Summit Bank
  14. CoBiz Financial
  15. Old Point National Bank
  16. Somerset Trust Company
  17. Centier Bank
  18. First Internet Bank
  19. First Horizon National Corporation
  20. Charter Bank
  21. Community Trust Bank
  22. First GREEN Bank
  23. Business First Bank
  24. BankPlus
  25. United Community Bank of West Kentucky
  26. Central Bank
  27. American Savings Bank
  28. North Shore Bank
  29. The Muncy Bank and Trust Company
  30. Square 1 Bank
  31. Zions First National Bank
  32. Boiling Springs Savings Bank
  33. Security Bank
  34. Citizens Bank
  35. Bank First National
  36. Happy State Bank
  37. Bridge Bank
  38. Alerus Financial
  39. The Bankers Bank
  40. Elmira Savings Bank
This article originally appeared in American Banker.
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