Independence Bank has again been recognized at the national level by American Banker as a “Best Bank to Work For” in 2023, marking the 9th year in a row for the achievement. The bank was 51st overall on the list, and in the top 3 for Kentucky-based banks.
“The Bank has seen tremendous growth over the years,” Chairman Chris Reid said. “But, for us, it’s never been about the bottom line. The key factor to our success is our people. We always aim to recruit and hire the best people, motivate them to achieve maximum results, and fairly reward them. We trust them, learn from them, and help them understand our values as a family- and employee-owned company.”
American Banker determines the ranking in collaboration with Best Companies Group. The ranking relies on two sources. The first is a survey that employees of the applicants complete that measures different areas of workplace satisfaction, such as their views on overall engagement, training and development, and work environment. The second part is a review of each applicant’s policies and benefits.
Greg Mullican, Independence Bank’s newly named CEO, said, “I’ve proudly worked alongside our Bank leaders for more than two decades. I continue to see the compassion poured into our employees, customers, and our communities. The future combines our core values as we adapt and accommodate those sharing our success.”
Independence Bank currently employs just under 450 people.