Bay Federal named #1 “Best Credit Union to Work For” by Credit Union Journal
CAPITOLA, CA (September 26, 2019) — Bay Federal Credit Union was recently named the nation’s number one “Best Credit Union to Work For” by Credit Union Journal during its annual ranking program done in partnership with Best Companies Group. This is the first time that the credit union has topped the list.
This year, 50 institutions from across the country made the annual ranking of the Best Credit Unions to Work For. The analysis and rankings are performed by reviewing employers’ benefits, workplace policies and practices, and extensive employee surveys.
Bay Federal is known for their unique workplace culture, community engagement, focus on health and wellness, entertaining employee events, and their robust employee recognition programs.
They emphasize on being “fun and friendly” while maintaining a professional approach to member service. Employees can be seen celebrating various dress-down days throughout the year, and the entire organization celebrates an annual Halloween costume and decoration contest where members can vote for the winner on social media. These all contributed to the high ranking resulting from the employee surveys.
“We couldn’t be more thrilled to receive this wonderful recognition,” said Bay Federal President and CEO Carrie Birkhofer. “I believe that our ongoing focus on setting a positive and fun workplace culture, with an emphasis on outstanding service to our members, truly sets us apart. I share this honor with each one of our employees.”
Credit unions on the list ranged in size from just 31 staff members and under $200 million in assets all the way up to institutions with billions in assets and thousands of employees. Bay Federal has 225 employees and recently surpassed $1 billion in assets.
This screenshot from Credit Union Journal’s Best Credit Unions to Work For article shows Bay Federal Credit Union listed as number one in both overall ranking and asset category ranking.
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.
