By Tyler Nelson
American Banker magazine published its fifth annual list of the 75 best banks to work for, with ten Tennessee Banker Association member banks making the distinguished list: Pinnacle Financial Partners, First Citizens National Bank, First Horizon National Corp., Community Bank, First National Bank of Middle Tennessee, United Community Bank, Athens Federal Community Bank, Bank of Tennessee, Reliant Bank, and FirstBank.
These and other banks were celebrated for being employee-centric, offering programs and amenities like catered weekly lunches, wellness programs, anniversary celebrations and a “pay it forward” charitable giving program. Since 2013, American Banker Magazine has ranked the nation’s most employee-friendly banks. The list was published in its Aug. 28 issue.
The publication’s analysis was conducted with the Best Companies Group, which collects employee surveys and reports on policies and benefits. Determining the Best Banks to Work For consists of evaluating each participating bank’s workplace policies, practices, and demographics and reviewing employee surveys aimed at assessing the experiences and attitudes of the bank’s employees. Companies must opt in to be considered, and to be eligible, applicants have to be commercial or retail banks. There also is a 50-employee minimum.
For information on applying to next year’s ranking of American Banker’s Best Banks to Work For, visit www.bestbankstoworkfor.com.
RANKING THE BANKS
Here’s where the 10 TBA member institutions ranked on the best banks to work for list:
PINNACLE FINANCIAL PARTNERS, NASHVILLE
Notable: Intranet blogs recognize associate accomplishments, including a “Service Superstars” section where employees publish their own stories and “Peeps Feedback,” where coworkers laud each other for a job well done.
FIRST CITIZENS NATIONAL BANK, DYERSBURG
Notable: Employees who donate one hour of pay per month to the United Way earn an extra day off during the year. For two hours of pay per month, they receive two days off.
FIRST HORIZON NATIONAL CORP., MEMPHIS
Notable: First Horizon recently expanded its parental leave policy, boosting fully paid maternal leave to eight weeks. Adoptive, foster and surrogate parents and domestic partnersand spouses can take a month of fully paid leave.
COMMUNITY BANK, BRANDON, MISS.
Notable: Community Bank hosts an annual law enforcement appreciation day where officers are invited out for lunch and someone is selected as the law enforcement officer of the year.
FIRST NATIONAL BANK OF MIDDLE TENNESSEE, MCMINNVILLE
Notable: Employees raise money for the American Heart Association by selling homemade desserts like apple cobbler at summer concerts downtown.
UNITED COMMUNITY BANK, BLAIRSVILLE, GA.
Notable: United Community has a junior board of directors program that allows high school seniors to experience what it is like to be a banker.
ATHENS FEDERAL COMMUNITY BANK, ATHENS
Notable: While jeans are acceptable on Friday at many banks, Athens Federal occasionally lets employees wear them on Thursdays if they donate money to charity.
BANK OF TENNESSEE, KINGSPORT
Notable: Last year, 50 people participated in the bank’s “Pound of Pound” program. For each pound lost, a pound of dog food was donated to the nearby pet shelter. The employees lost more than 600 pounds combined in three months.
RELIANT BANK, BRENTWOOD
Notable: The bank hosts personal development and stress management workshops. The events are held at various branches, vendors provide lunch and speakers discuss different topics like saving money and couponing.
Notable: The Teladoc service allows employees to get remote medical care for free.