Chadds Ford, PA — Franklin Mint Federal Credit Union was named one of the 2023 “Best Credit Unions to Work For” by American Banker. This national survey and awards program identifies, recognizes, and honors those credit unions that have excelled in creating quality workplaces for employees.
“It is an honor to receive this recognition four years in a row,” said President and CEO Michael B. Magnavita, CPA. “FMFCU strives to create a collaborative, team-focused work environment that directly ties strong levels of employee engagement with a high level of member satisfaction.”
Determining the “Best Credit Unions to Work For” involved a two-step process. The first survey examined employee satisfaction and covered eight areas, including leadership and planning, corporate culture and communication, and overall engagement. A credit union needed at least a 40% participation rate in the survey and average at least 80% of respondents answering “agree strongly” or “agree somewhat” across different topics.
The second survey evaluated the benefits and policies of each credit union, including deciding factors such as cost-free telehealth visits, volunteer days with nonprofit organizations, and employee appreciation events.
Leave a Reply