Thursday, April 18, 2024

Red River Bank ranks nationally for ‘Best Banks to Work For’ in 2023

by BIZ Magazine

ALEXANDRIA – Red River Bank 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 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 2023 Best Banks to Work For list is featured at Best Banks to Work For 2023 | American Banker.

“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.”

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.

“Red River Bank was founded a quarter-of-a-century ago on the premise of ‘always doing the right thing;” said Blake Chatelain, president and CEO. “Today more than ever, it’s important we take care of our people with a sincere, unique culture, no matter the growth. We want to have a culture that represents a high-performing smart bank, while at the same time friendly, compassionate, inclusive, and authentic. That starts from within.”

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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