- WIB PH
Through weeklong mentoring trips to locales like Brazil, Haiti and Somalia, senior female executives at B of A are teaching other women the finer points of running a small business.
September 22 - WIB PH
Whether it's raising money to build schools in Africa or creating programs internally to help advance the careers of women, the dozen women's networks at U.S. Bancorp strive to make a real difference in women's lives.
September 22 -
Like all banks, BMO Harris is trying to keep ahead of demographic and technological shifts that are transforming retail banking, and its female leaders are spearheading many of the initiatives it has underway.
September 22 -
With a down-home yet high-tech approach to banking (not to mention a management team that's predominantly women), Citizens Bank of Edmond is proving that there still are advantages to being small.
September 22 - WIB PH
A sense of common purpose is evident in Zions' approach to employee relations, and it's drawing kudos from constituencies not typically known for a love of the industry.
September 22 - WIB PH
LeeAnne Linderman became an advocate for homeless military veterans almost by accident. After hearing that no local shelters could take female veterans with children, Linderman started her own charity called Veteran Mothers. The Zions First National Bank executive even got support from KISS and Def Leppard.
September 22
Earlier this year, LeeAnne Linderman realized that she would need to lay off longtime branch employees to meet
"I know how to handle the legal and human resources side," says Linderman, the head of retail banking at Zions First National Bank before being promoted this year to executive vice president for retail banking at the parent company, which operates eight banks in 11 states. "What I wanted to know was how they had handled the emotional side. How do you handle the heartbreak?"
The frank conversations and tight-knit relationships among Zions' top women have proven crucial to their growth as leaders, says Linderman (who is
To foster a similar bond with lower-level employees, and give them the chance to benefit from the experience of senior executives, the bank unit launched a formal mentoring program for women in 2009. The program has since expanded to include both genders and was made available in August to employees of the holding company as well. Of the program's 533 participants, 35% have received internal promotions, some of them more than once, according to the most recent internal survey.
The mentoring program gives employees a chance to immerse themselves in new areas of the organization too, says Carina Freeze, one of the participants. A few years ago, she was working in the executive banking unit but was eager to explore marketing and public relations. She enrolled in the program and began meeting every other week with communications manager Heidi Prokop. Ultimately, Freeze opted not to pursue marketing. But she says the mentoring experience gave her the confidence that's propelled her to her current position as assistant director of bank operations.
Meanwhile, Zions is spearheading an effort to help women throughout Utah rise through the ranks. This year the company helped launch the Women's Leadership Institute, a nonprofit dedicated to giving women access to leadership opportunities in politics and business. Among the institute's goals is to show companies like energy firm Questar how to set up mentoring programs modeled on Zions' successful template. Zions benefits by coaching its female employees "no matter what level they're at," says Chillingworth, who chairs the Women Leadership Institute's executive board. "We want to help other companies do the same thing to keep women in the workforce."
Headquarters:
Salt Lake City
2014 Financial Highlights:
Assets: $18.1 billion
ROE: 11.97%
ROA: 1.22%
Female representation among corporate officers: 39%
Female representation on operating committee: 39%
The Team: Dar-Lynn Beard, Hope Butler, Julie Castle, Lori Chillingworth, Jennifer Christopulos, Cory Gardiner, Kristine Goddard, Melisse Grey, Melinda Haynes, Meghan Holbrook, Stephanie Horne, Pamela Inghram, Dianne James, Gena Jones, Susan Jones, Rebecca Kearns, Maria Kranski,