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A trend CUs nab various best workplace awards
MADISON, Wis. (3/9/12)--Many know that credit unions are good places to work, but several credit unions in the past couple of months have earned recognition with various "best workplace" awards. It could be the making of a trend.

It's natural for employees to feel good about the People Helping People philosophy at their credit unions, but these workplace awards look at more than philosophy in assessing the work environment.  Most awards are presented after considering specific criteria.

The workplace awards result from feedback from the employees themselves. They don't include lists such as best financial institution and best credit union or most popular financial institution.

Here are the latest credit unions recognized for their work environment:

  • Rogue FCU, a $541 million asset credit union in Medford, Ore., was listed in Oregon Business Magazine's annual "100 Best Companies to Work For" in the large company (more than 100 employees) .  Rogue has 193 employees. More than 14,000 employees from 263 companies participated in the survey, which considered work environment, management and communications, decision-making and trust, career development and learning; and benefits and compensation (Mail Tribune.com March 8).
  • Eli Lilly FCU (ELFCU), a $900 million asset credit union in Indianapolis, Ind., was one of two credit unions honored in "Best Places to Work in Indiana" by the Indiana Chamber of Commerce. The top companies were determined through employer reports and comprehensive employee surveys. Winners are selected in two asset size categories: small to medium companies with 15 to 249 U.S. employees, and large companies with more 250 or more employees nationwide.  Eli Lilly FCU also was one of two credit unions recognized internationally by the American Society for Training & Development's (ASTD) BEST Award, the training industry's most prestigious recognition. (See Summit CU entry for more details on that award.)
  • Financial Center (Finance Center FCU), a $415 million asset credit union in Indianapolis, was the other credit union listed in the "Best Places to Work in Indiana.  "Being named as one of the best places to work in Indiana is important for the future of Financial Center because it is our ability to retain quality staff that makes the difference when serving member," said Kevin Ryan, Financial Center president/CEO.
  • A+ FCU, Austin, Texas, was selected as a 2011 Top Workplace by the Austin-American Statesman, the second consecutive year the $857.5 million asset credit union has appeared on the list.  "Our inward focus gives us an immense external advantage," said Kerry A.S. Parker, CEO. "Happy employees strive to provide exceptional service, which leads to satisfied members.  A+ employees go the extra mile to build and develop their own skill sets as well as financial partnerships with the community." Workplace Dynamics, which conducted the survey, considered direction, execution, pay and benefits, career opportunities, management and working conditions.  A+ received especially high ratings in career opportunities.
  • Unity One CU, Fort Worth, Texas, was named one of the Best Companies to Work for in Texas 2012 by the Best Companies Group last month.  The survey of employees focused on eight areas: leadership and planning, corporate culture and communications, role satisfaction, work environment, relationship with supervisor, training and development, pay and benefits, and overall engagement.  The credit union scored especially high on strategic planning, fair compensation, flexibility, cross-training and an attractive benefits package, said CEO Gary Williams.  "This honor confirms that when you hire the right people and try to reward them personally, professionally and financially, great things can happen," he added.
  • Summit CU, Madison, Wis., with $1.671 billion assets, was one of two credit unions to receive the ASTA BEST award, ranking No. 8 out of 32 international award winners.  The awards recognize organizations that demonstrate enterprise-wide success through employee learning and development each year. The recognition is based on Summit's overall commitment to and investment in employee learning, and proactive partnership in each individual's professional growth and development. "Whether it is internal Web-based learning, instructor-led learning, job shadowing, or external educational options, our employees have access to continuous, customized learning," said Kim Sponem, Summit CEO/president. "We believe that by providing employees with world-class training and encouraging ongoing professional development, we are positively impacting not only Summit's productivity and efficiency, but our overall culture as well.  By extension, we demonstrate our commitment to our members and provide them with the best service possible."


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