TALLAHASSEE, Fla., Nov. 18. 2022 (GLOBE NEWSWIRE) — American Banker magazine has named Capital City Bank – a long-established financial institution with more than 125 years of community banking experience in Georgia, Florida and Alabama – one of the 2022 “Best Banks to Work For,” giving it an overall # 29 out of 90 banks nationwide and #7 in the category of banks with more than $3 billion and less than $10 billion in assets. The 2022 edition is the tenth list published by American Banker and the tenth year in a row that Capital City Bank has been ranked among the top employers in the financial industry.
“At Capital City Bank, we place a high priority on the happiness and well-being of our associates,” said Bill Smith, chairman, president and CEO of Capital City Group. “They invest in the Company by dedicating their time and talent to serve our customers, and we strive to honor their investment by keeping them throughout their working years and beyond, the effect of which is evident in the average length of service. I am proud of our bankers and honored to have been voted a ‘Best Company to Work For’ nationally for ten years in a row.”
Capital City Bank believes its associates are the lifeblood of the company, and as such, encourages their continued growth and progress. The bank offers an excellent benefits package with comprehensive insurance, associate stock purchase plans and 401(k), paid time off and tuition assistance plans. The company places a high value on ongoing training programs, providing incentives for associates to learn new skills and get results using technology to streamline processes.
“The banks recognized on this list are working hard to create workplaces that associates want to join,” said Chana R. Schoenberger, editor-in-chief of American Banker. “Especially at a time when companies are experiencing changes in how, where, and how many employees work, banks are paying attention to how best to retain their staff.”
Determining the “Best Bank to Work For” involves a two-step process. The first consists of assessing the policies, practices and workplace demographics of each participating bank. This part of the process is worth about 25% of the total assessment. The second consists of employee surveys that aim to assess the experiences and attitudes of individual employees with respect to their workplace. This part of the process is worth about 75% of the total assessment. The combined score determines the final position.
To be considered for participation, banks must have at least 50 employees working in the US and have been in business for at least one year. The Best Companies Group manages the registration and survey process and also analyzes the data to determine the final ranking.
This year’s program results can be found at www.americanbanker.com/list/best-banks-to-work-for and in the November issue of American Banker magazine.
About Capital City Bank Group, Inc.
Capital City Bank Group, Inc. (NASDAQ: CCBG) is one of the largest publicly traded financial holding companies headquartered in Florida and has approximately $4.4 billion in assets. We provide a full range of banking services, including traditional deposit and credit services, mortgage banking, asset management, trusts, merchant services, bank cards, securities brokerage services and financial advisory services, including life insurance sales, risk management and asset protection services. Our bank subsidiary, Capital City Bank, was founded in 1895 and currently has 57 banking offices and 86 ATMs/ITMs in Florida, Georgia and Alabama. For more information about Capital City Bank Group, Inc., visit www.ccbg.com.
About American Banker
American Banker empowers banking professionals with analysis and unique insight into the ideas that are transforming their business and industry. Across journalism, events, research and benchmarking, it helps drive the way forward through the complexities of business innovation, retail and commercial disruption, technology, regulation and reform. With a banking community 850M strong, American Banker content connects leaders online, in person and in print every day.
About the Best Group of Companies
Since 2004, the 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-find data that companies use to improve employee recruitment and retention.
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