Bay Federal Credit Union recognized as 2019 Bay Area Best Places to Work
CAPITOLA, CA (April 19, 2019) — Bay Federal Credit Union has been recognized as a winner of the 2019 Bay Area Best Places to Work, an awards program presented by the San Francisco Business Times and the Silicon Valley Business Journal. This is the fifth straight year the credit union has been chosen.
Select employers from the Bay Area were named winners of the awards program, held on April 18. These winning organizations were honored for having created exceptional workplaces that their employees value highly.
Award applicants were evaluated and ranked in five categories, which were based on 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 and benefits offerings, and other amenities, as well as management practices.
“The award-winning positive culture of Bay Federal Credit Union is attributed to the 220 talented, local employees,” President and CEO Carrie Birkhofer said. “They come to work every day ready and willing to make a difference in the lives of our members and our community—while cheering on and supporting one another.”
Over the past year, Bay Federal rolled out a team-building program to strengthen relationships between employees, restructured its bonus plan to better assist employees throughout the year, and implemented an improvement program to allow ideas for efficiencies and experiences to rise to the top from all corners of the credit union. It also continues to offer competitive benefits, appreciation programs and awards, professional development opportunities, and employee scholarships.
About Bay Federal Credit Union
Bay Federal is a full-service, not-for-profit, community development financial institution that serves over 80,000 members and 2,400 local businesses throughout Santa Cruz, San Benito, and Monterey counties. With more than $1.5 billion in assets, Bay Federal Credit Union is the largest member-owned financial institution in Santa Cruz County, serving its members and the community since 1957. Bay Federal Credit Union 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 2019 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, our research partner. The rankings are numeric based on Quantum’s scoring process. By ranking companies and sharing best practices we facilitate idea sharing and help other companies learn from the best.