Bay Federal Credit Union Named one of "2015 Best Credit Unions to Work For"

October 31, 2015

Bay Federal Credit Union has been named one of the 2015 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 list is made up of 45 credit unions. The full Best Credit Unions to Work For list was featured in the September issue of Credit Union Journal and is available online at CUJournal.com.

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. 

For more information on the Best Credit Unions to Work For program, visit www.BestCreditUnionstoWorkFor.com.