Oakworth Capital Bank Recognized as a Premier Workplace
Oakworth Capital Bank is proud to announce its ongoing recognition as one of the nation's "Best Bank to Work For," an honor bestowed by American Banker. This distinction is based on survey results that reflect the positive sentiments of the staff across various financial institutions.
High Associate Retention Rates
The ability of Oakworth to maintain a high associate retention rate is a testament to its healthy workplace culture. Coupled with positive feedback from associates, this ranks Oakworth among industry leaders in employee satisfaction. Over the years, Oakworth has consistently shown that it values its employees and aims to create a supportive environment.
A Tradition of Excellence in the Banking Sector
Established in 2013, the program administered by American Banker in collaboration with Best Companies Group aims to honor financial institutions that demonstrate exceptional levels of employee satisfaction. Oakworth's remarkable journey includes eight consecutive years on this esteemed list, securing the top position for six out of those years and achieving a commendable second place this year.
Leadership Insights
Scott Reed, chairman and CEO of Oakworth, shares, "This ranking directly reflects an environment that our associates create by consistently leading with our core values." He emphasizes that receiving such national recognition repeatedly is a significant achievement for the bank.
Understanding Employee Satisfaction
The positive ranking stems from comprehensive survey results that highlight the enthusiasm of Oakworth’s associates. Of the 139 participants, a significant 89% shared their views, illustrating a strong connection to their workplace. Associates credited the bank for making them feel genuinely valued and appreciated, fostering a positive culture, and promoting a sense of belonging.
The Oakworth Culture of Care
One associate's feedback encapsulates Oakworth's spirit, stating that the bank excels in ensuring that its employees feel cared for both personally and professionally. The emphasis on an inclusive culture and the provision of essential tools for success are key draws for new talent.
Commitment to Core Values
Sam Scalici, Chief Operating Officer at Oakworth, emphasizes that the bank's greatest asset is indeed its people. He notes that the consistent recognition within the industry over the years serves as strong evidence of Oakworth being a world-class environment for professional growth.
Oakworth Capital Bank: A Brief Overview
Oakworth Capital, Inc. serves as the holding company for Oakworth Capital Bank, listed on OTCQX under the ticker OAKC. Founded in 2008, the bank operates four offices in the Southeastern U.S., with its headquarters located in Birmingham, Alabama. Oakworth specializes in commercial and private banking, along with wealth management and advisory services tailored to clients nationwide.
Financial Highlights
As of a recent reporting date, Oakworth has total assets amounting to approximately $1.7 billion, gross loans standing at $1.4 billion, deposits nearing $1.5 billion, and wealth and trust assets under management totaling around $2.3 billion. These figures underscore the bank's robust financial standing while continuing to prioritize employee satisfaction.
Frequently Asked Questions
What recognition has Oakworth Capital Bank received?
Oakworth Capital Bank was recognized as one of the "Best Bank to Work For" by American Banker, marking eight consecutive years on this list.
What makes Oakworth a top workplace?
The positive work culture, strong leadership, commitment to core values, and emphasis on employee well-being contribute significantly to Oakworth's ranking as a top workplace.
How long has Oakworth Capital Bank been in operation?
Oakworth Capital Bank was founded in 2008 and has since grown to become a reputable entity in the banking sector.
What services does Oakworth Capital Bank offer?
Oakworth provides a range of services, including commercial and private banking, wealth management, and advisory services.
What is Oakworth’s financial standing?
As reported, Oakworth holds assets of about $1.7 billion, with significant figures in loans, deposits, and managed wealth and trust assets.
