American Banker, which publishes articles formerly produced by Credit Union Journal, recently ranked institutions in their annual “Best Credit Unions to Work For” article. According to the story, lessons from the pandemic inspired these credit unions to cater to the needs of their employees. While credit unions have always offered special perks to employees, over the last year, the enticements were revamped, and credit unions took many additional steps to ensure that their employees felt connected.
Out of more than 5,000 credit unions nationwide, only 55 were ranked as “The Best Credit Unions to Work For 2021.” Besides measuring criteria such as pay scale and benefits, each employee at credit unions on the “Best List” were confidentially surveyed and their answered were measured.
We are thrilled to report that Railway Credit Union (Mandan, ND) appears on the list, claiming the #12 spot. Broken down by asset size, they ranked even higher, claiming the #5 spot in their asset category!
Besides an industry-leading pay scale and a robust benefits and retirement plan, some of the more unusual “perks” of being an employee at Railway Credit Union include cash rewards for special sporting event “square” contests, such as March Madness tournament brackets and the Super Bowl, provided entirely by the credit union with no buy-in; random gift card giveaways; and their annual “shoe day,” where the credit union buys each employee a new pair of shoes!
Photo: During Railway Credit Union’s annual meeting employees gathered holding signs depicting the various reasons
they like working at the credit union.
“I want to thank our Board and Volunteer leadership that have always strived to create an environment to make Railway Credit Union a great place to work for our staff,” said Paul Brucker, President of Railway. “This award is a testament to their hard work and dedication to make this happen,” he added.
Recently, Railway Credit Union was also ranked #61 on the “Top 200 Healthiest Credit Unions” in the United Sates by the 2021 DepositAccounts.com study. Brucker remarked, “Our robust financial health has enabled us to not only benefit our members directly with lower fees, better rates, and dividends, it has allowed us to reach out to our community in many philanthropic ways, ultimately benefiting many of the residents in the area we serve.”
Congratulations to Paul and his staff on this remarkable achievement! If you would like to read the entire article from American Banker, click here.
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