Independence Bank ranked fourth in the medium category of 2022 “Best Place to Work” in the state by the Kentucky Chamber of Commerce and the Kentucky Society for Human Resource Management.
The Bank was the highest-ranking financial institution in the medium division, which includes organizations from 150-499 employees. The ceremonial dinner was held in Lexington in June.
“Our employees are truly the heartbeat of this organization,” Independence Bank President Jacob Reid said. “Our family-like atmosphere provides a support system that continues to beat stronger. We’ve created a culture that is friendly and fulfilling. The success of this company largely depends on the people who show up daily. I couldn’t be more proud of them — especially how they have navigated the last few years. I’m so honored to be surrounded by such a dedicated team.”
The competition is a multi-year initiative designed to motivate companies in the Commonwealth to focus, measure and move their workplace environments toward excellence. Numerous studies show a strong correlation between profitability and creating a good place to work.
“As a company, one primary focus remains on our people,” Independence Bank Human Resources Director Simone Montaven said. “We care for them as individuals and continue to research and offer more and better benefits to enhance employees’ quality of life.”
In the last year, $1.2 million was reinvested by the Bank into the community through scholarships, school sponsorships, build-a-bed projects, park restoration, customer events and by feeding and meeting the basic needs of those less fortunate.
“At the end of the day, it comes down to enjoying what you do and how we help enable and empower those around us,” said Chris Reid, Chairman and CEO. “Making work fun for our employees and our customers allows us to turn work into the opportunity to serve and have pride in what we do. And this recognition is a testament to that.”