American Banker has released its 2022 list of the “Best Banks to Work For,” which includes 11 banks based in Texas or with operations in Texas among the 90 listed. Like last year, Oakworth Capital Bank in Birmingham, Alabama, was ranked the Best Bank to Work For. Greater Community Bank in Rome, Georgia, is the smallest bank in terms of employee headcount to make the list, with just 54 staff members, while SouthState in Winterhaven, Florida, has the most employees with a workforce of more than 5,300.
“The banks recognized on this list are trying hard to create workplaces that employees want to join,” says Chana R. Schoenberger, editor-in-chief of American Banker. “Especially during this moment when companies are experiencing a shift in how, where and how much employees work, banks are paying attention to how they can best retain their people.”
Honorees are selected through two different surveys managed by the Best Companies Group. The first one measures employee satisfaction in eight different categories, including communication, happiness with role and relationship with the supervisor. Overall, the average score of positive responses for the banks that made the list was 91 percent, compared with 83 percent for the institutions that didn’t make the cut.
The second survey examines the policies and employee benefits of each institution. This gives banks the chance to highlight some of the unique and popular perks they offer staff members.
Additionally, American Banker asked an executive at each institution to answer questions about who has been an important mentor to them, leadership lessons they’ve learned over the years, big predictions for 2023 and more.
“We are honored to make this list for the fifth time—and as one of the top banks in Texas!,” says Dewey Bryant, CEO of SouthWest Bank. “At SouthWest Bank, we’ve placed importance on creating a culture where our people enjoy coming to work. When people enjoy coming to work, they enjoy serving our customers, and that resonates with our customers.”
Here are the Texas-based banks (or operating in Texas) that made this year’s “Best” list:
- No. 8: TIB, Farmers Branch
Assets: $3.2 billion
President and CEO: Michael O’Rourke
- No. 11: Community National Bank & Trust of Texas, Corsicana
Assets: $1.1 billion
CEO: Rusty Hitt
- No. 18: Peoples Bank, Lubbock
Assets: $977 million
Chairman and CEO: Larry Allen
- No. 21: SouthWest Bank, Odessa
Assets: $625 million
CEO: Dewey Bryant
- No. 25: Benchmark Bank, Plano
Assets: $1.3 billion
CEO: Jonathan Filgo
- No. 28: First United Bank, Lubbock
Assets: $2.1 billion
CEO: R. Mark Bain
- No. 43: b1BANK, Baton Rouge, Louisiana
Assets: $5.5 billion
President and CEO: David “Jude” Melville
- No. 49: Southside Bank, Tyler
Assets: $7.6 billion
President and CEO: Lee R. Gibson
- No. 62: Home Bank, Lafayette, Louisiana
Assets: $3.4 billion
President and CEO: John Bordelon
- No. 79: Vista Bank, Dallas
Assets: $1.4 billion
Vice chairman, president and CEO: John Steinmetz
- No. 84: FirstBank Southwest, Amarillo
Assets: $1.4 billion
President and CEO: Andy Marshall
Click here to learn more about the competition and what distinguished these banks as being the “Best Banks to Work For” in 2022.