Bay Federal Credit Union lauded as a 2018 Bay Area Best Places to Work business
Financial cooperative makes S.V. Business Journal, S.F. Business Times’ list for fourth consecutive year
CAPITOLA, CA (May 2, 2018) — Bay Federal Credit Union has been recognized as a winner of the 2018 Bay Area Best Places to Work, an awards program presented by the San Francisco Business Times and the Silicon Valley Business Journal, for the fourth consecutive year.
A select group of 130 employers from the Bay Area were honored at the annual awards program, which was held in San Francisco on April 18. Bay Federal, which employs 220 people, was ranked No. 26 in the mid-size category. The winning organizations were honored for having created outstanding workplaces that their employees value highly.
“It’s an honor to be continually recognized as one of the best employers in the Bay Area,” said Bay Federal President and CEO Carrie Birkhofer. “I believe that our ongoing focus on employee advancement and a positive workplace culture is what sets us apart.”
Bay Federal was one of only two credit unions to make the list. 1st United Credit Union, which operates out of Pleasanton, was ranked 29th in the mid-size category.
Award applicants were evaluated and ranked across five categories according to the number of Bay Area employees. The ranking found companies in the region whose employees rate them as the highest on such values as fun, collaborative culture, solid compensation, benefits offerings, and other amenities, as well as management practices.
About Bay Federal Credit Union
Bay Federal Credit Union is a full-service, not-for-profit financial institution that serves over 86,000 members and 2,400 local businesses throughout Santa Cruz, San Benito, and Monterey counties. With more than $1.6 billion in assets, Bay Federal is the largest member-owned financial institution in the region. The organization has been proudly serving its members and the community since 1957. Bay Federal is a certified Community Development Financial Institution, with a primary mission of promoting community development alongside their financial activities. Bay Federal has an award-winning employee volunteer program in which employees have given their own money and volunteer for numerous local schools, nonprofit organizations, and community events each year.
About 2018 Bay Area Best Places to Work
Best Places to Work is an innovative publication and awards program produced by the San Francisco Business Times and the Silicon Valley Business Journal. The rankings were determined by surveys that went directly to employees who answered a series of questions. The survey was administered online by the employers and through a service provided by Quantum Workplace. The rankings are numeric based on Quantum’s scoring process. By ranking companies and sharing best practices, idea sharing can help other companies learn from the best.
