November 29, 2022 – Pan American Bank & Trust has been named one of the 2022 Best Banks to Work For. American Banker has partnered with Best Companies Group to identify banks that excel at creating positive and supportive workplaces for employees.
This year 90 banks earned a spot in the ranking of Best Banks to Work For, based on an anonymous employee survey and a thorough review of the benefits and perks offered. The full 2022 Best Banks to Work For list will be featured at www.americanbanker.com.
“I am humbled and honored to lead a group of such talented individuals. This award symbolizes Pan American Bank’s strong culture and brand, which instills pride in each one of us,” says President and CEO Frank Cerrone.
This is the second time that Pan American Bank & Trust has been recognized by the annual Best Banks to Work For program. The survey and awards program is designed to identify and honor banks with the best cultures for helping employees thrive.
“The banks recognized on this list are trying hard to create workplaces that employees want to join,” said 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.”
Determining the Best Banks to Work For involved a two-step process. The first consisted of evaluating each participating bank’s workplace policies, practices, and demographics. This part of the process was worth approximately 25% of the total evaluation. The second 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 final ranking.
To be considered for participation, banks had to have at least 50 employees working in the U.S. and been in business for a minimum of one year. Best Companies Group managed the registration and survey process and also analyzed the data to determine the final ranking.
For more information on the Best Banks to Work For program, visit www.BestBankstoWorkfor.com.
About Pan American Bank & Trust
Pan American Bank & Trust is the premier bank for entrepreneurs, businesses, and communities. As an independently owned institution, PABT is invested in our client’s success because we are invested in our communities. We fiercely reject one-size-fits-all, cookie-cutter banking for a more customized and adaptable approach. We meet clients where they are, so we can get them where they want to go – together.
About American Banker
American Banker empowers banking professionals with unique analysis and insight into the ideas transforming their business and industry. Across its journalism, events, research and benchmarking, it helps drive the way forward through the complexity of business innovation, retail and commercial disruption, technology, regulation and reform. With a banking community 850M strong, American Banker’s content connects leaders online, in person and in print every day.
About Best Companies Group
Since 2004, Best Companies Group has specialized in identifying and recognizing great employers to work for. We are an independent research firm that ranks companies based on our established research methodology. Our surveys provide actionable, hard-to-obtain data that companies use to improve employee recruitment and retention.