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Forward Bank

Forward Bank Voted Best Banks 4 Years in a Row

October 28, 2020

Forward Bank has been named one of the Best Banks to Work For in 2020 making it 4 years in a row.

The Best Banks to Work For program, which was initiated in 2013 by American Banker and Best Companies Group, identifies, recognizes, and honors U.S. banks for outstanding employee satisfaction. Full results of this year’s program are available at American Banker and in the November issue of American Banker Magazine.

“One of the critical factors in a bank's success is how it treats its employees. This year's list honors those institutions which have gone above and beyond to invest in employees' personal and professional growth,” said Alan Kline, editor in chief of American Banker.

Determining the Best Banks to Work For involves a two-step process. The first step involves an evaluation of participating companies’ workplace policies, practices, and demographics. In the second step, employee surveys are conducted to directly assess the experiences and attitudes of individual employees with respect to their workplace. The combined scores determine the top banks and the final ranking.

Two Forward Bank employees enjoying lunch for Thoughtful Thursday in Phillips, WI
Brook Bogdanovic and Karley Kosterman at our Phillips location enjoy lunch on "Thoughtful Thursday."

Lunch was purchased for all employees several weeks in a row to not only show appreciation for our employees but to support local restaurants during COVID-19.

“The most energizing part of being named one of the Best Banks to Work for in four consecutive years is the feedback from our employees gets us here,” commented Bill Sennholz, CEO of Forward Bank. “This recognition represents their dedication and drive to help one another and our communities. What they accomplish each year and how they have gone above-and-beyond during these uncertain times makes them the best of the best each year!”

Best Companies Group managed the overall registration and survey process and analyzed the data and used their expertise to determine the final ranking.  The program is open to commercial banks, thrifts, savings banks, and other chartered retail financial institutions with at least 50 employees in the United States.