American Banker magazine has named Capital City Bank – a longstanding financial institution with 128 years of community banking experience in Florida, Georgia and Alabama – one of its 2023 “Best Banks to Work For.” Capital City was awarded an overall rank of #40 out of 90 banks across the nation and #9 within the category of banks with assets more than $3 billion and less than $10 billion. The 2023 edition is the eleventh list published by American Banker and the eleventh consecutive year Capital City Bank has ranked among the top employers in the financial industry.
“We are incredibly proud and honored to be recognized as one of the 'Best Banks to Work For' for 11 consecutive years,” said Bill Smith, Capital City Bank Group chairman, president and CEO. “This achievement is a testament to our unwavering commitment to fostering a positive and supportive work environment for our associates.”
Capital City Bank believes its associates are the lifeblood of the company, and as such, encourages their continual growth and advancement. The Bank offers an excellent benefits package with comprehensive insurance, an associate stock purchase plan and 401(k), paid time off and a tuition assistance plan. The company places great value on ongoing training programs, providing incentives for associates learning new skills and getting results using technology to streamline processes.
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.
Results of this year’s program are available at www.americanbanker.com/list/best-banks-to-work-for and in the November issue of American Banker magazine.