First Bank Chicago has been named one of the top five 2022 Best Banks to Work For in the United States by American Banker, a leading nationwide industry information source. 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, First Bank Chicago was ranked No. 5 with 136 employees and $1.9 billion in assets at the time of application and has since grown to 147 employees. It is the first time that First Bank Chicago has applied for and been recognized by the annual Best Banks to Work For program.
Results are based on an anonymous employee survey and a thorough review of the benefits and perks offered. The full 2022 Best Banks to Work For list is featured at www.americanbanker.com.
The survey and awards program is designed to identify and honor banks with the best cultures for helping employees thrive.
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.
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.
