Independence Bank has again been recognized at the national level by American Banker as a “Best Bank to Work For” in 2022. Independence Bank was listed 16th out of 85 organizations ranked across the country, improving seven spots from the prior year.
“I find that by valuing and listening to our employees, it gives them a voice to help drive direction and earns trust,” Independence Bank Chairman and CEO Chris Reid said. “As a leader, I recognize that it’s not a destination we can achieve alone, so it’s important to ensure we are moving towards our vision together.”
Honorees are selected through two different surveys managed by the Best Companies Group. The first form measures employee satisfaction in eight different categories, including communication, happiness with role, and relationship with supervisor.
The second survey examines the policies and employee benefits of each institution. This gives banks the chance to highlight some of the unique and popular perks offered.
“It can take more than just top-notch pay to recruit and retain talent,” the American Banker Association wrote. “Employees are also looking for an opportunity for career advancement, a welcoming workplace environment and strong leadership.”
Simone Montaven, Independence Bank’s Human Resources Director, believes enhanced training, monitoring the ever-changing marketplace with salary and benefits, plus maintaining a healthy work-life balance partially played a part in the improved placement.
Independence Bank has expanded its footprint to Fayette, Logan and Shelby counties since last November, plus opened a second Louisville location.
In 2021, the Bank donated roughly $1.2 million dollars to various projects and invested in initiatives which include meeting basic needs and scholarships for area students.
“My grandfather, Charles A. Reid, envisioned a Bank that would elevate the quality of life in the areas we serve,” President Jacob Reid said. “The care that we show for our communities mirrors the passion we have for our people. As our footprint widens, our Bank family also grows. We invite others to come along to make a greater impact.”
Independence Bank currently employees 470 people. This is the eighth consecutive year it has received this recognition from American Banker.