Machias Savings Bank has been named one of the Best Banks to Work For in the Nation for the fourth year in a row, placing eighth on the list of 85 banks chosen to receive the honor.
Machias Savings Bank is the only bank headquartered in Maine to earn a spot on the list, and one of only three banks on the list headquartered in New England.
“Employee engagement and satisfaction is a top priority and every employee is considered to be a member of the family,” said Machias Savings Bank President Larry Barker. “Our brand is known across the state for delivering an exceptional customer experience and that doesn’t happen without happy employees.”
The Best Banks to Work For program was initiated in 2013 by American Banker and Best Companies Group. The program identifies, recognizes and honors U.S. banks for outstanding employee satisfaction.
Machias Savings Bank was specifically lauded for its employee recognition and appreciation program that awards the annual Volunteer of the Year with $1,000 donated to a charity of his or her choice and five days off, and its Culture Club organizing a Spring Fever Week to relieve stress and promote fun with employees.
Machias also provides each employee up to 20 hours of paid volunteer service each year to further encourage community commitment among its employees.