St. Paul Federal named one of the Best Credit Unions to Work For (again) by CU Journal
ST PAUL, MN (September 27, 2018) — St. Paul Federal Credit Union has been named one of the 2018 Best Credit Unions to Work For. Credit Union Journal has partnered with Best Companies Group to identify companies that have excelled in creating quality workplaces for employees.
This survey and awards program is designed to identify, recognize and honor the best credit unions. The 2018 list is made up of 50 credit unions. The full Best Credit Unions to Work For list is featured at CUJournal.com.
“Our annual ranking recognizes credit unions that are committed to investing in job satisfaction, career development and personal growth,” said Richard Melville, group editorial director at SourceMedia, the parent company of Credit Union Journal. “Every one of the credit unions on this list should be proud of their accomplishment.”
To be considered for participation, credit unions had to fulfill the following eligibility requirements:
– Have at least 25 employees working in the U.S.
– Be in business a minimum of one year
– Be in one of the following categories based upon asset size: Over $1 billion, $500M-$1B, $200M-$500M or Under $200M
Determining the Best Credit Unions to Work For involved a two-step process. The first step consisted of evaluating each participating credit union’s workplace policies, practices, and demographics. This part of the process was worth approximately 25% of the total evaluation. The second part consisted of employee surveys aimed at assessing the experiences and attitudes of individual employees with respect to their workplace. This part of the process was worth approximately 75% of the total evaluation. The combined scores determined the best credit unions and the final ranking. Best Companies Group managed the overall registration and survey process and also analyzed the data and used their expertise to determine the final ranking.
“We’re proud to have won this distinctive recognition for the second straight year,” said St. Paul Federal CEO Tom Glatt. “Even more important than the award is the knowledge our employees have expressed such confidence in their workplace. We truly are a family.”
For more information on the Best Credit Unions to Work For program, visit www.BestCreditUnionstoWorkFor.com.
About St. Paul Federal Credit Union
St. Paul Federal Credit Union was founded in 1953 to serve the members of the International Brotherhood of Electrical Workers Local 110. In 2004 the credit union opened its doors to serve the entire city of St. Paul, Minnesota. Today it has more than $173 million in assets and serves nearly 12,000 members.