Oakworth Capital Bank Earns Spot Among Best Workplaces in Money Management

Oakworth Capital Bank: A Leader in Workplace Culture



Oakworth Capital Bank proudly announces its distinguished recognition as the #7 company in Financial Planning's 2024 list of 'Best Workplaces in Money Management.' This notable achievement is a testament to Oakworth's unwavering commitment to fostering a supportive and rewarding workplace environment. Additionally, the bank was recently placed #2 in the annual 'Best Bank to Work For' survey conducted by American Banker, further emphasizing its position as a leading employer in the financial sector.

Scott Reed, Chairman and CEO of Oakworth, expressed pride in this recognition, stating, "We are honored to be included among the top firms recognized by Financial Planning. At Oakworth, we believe that a thriving team directly translates to exceptional client experiences. This acknowledgment underscores our dedication to both our associates and the communities we serve."

Financial Planning's annual list celebrates organizations in the financial industry that excel in employee satisfaction, professional development, and overall workplace culture. The rankings are based on anonymous employee feedback and a thorough review of workplace policies, benefits, and practices.

The unique culture at Oakworth Capital Bank is centered around its mission of helping clients succeed, which promotes collaboration, empowerment, and ongoing development among its team members. John Norris, Managing Director and Head of Investments and Thought Leadership, remarked, "We have a great thing going here at Oakworth. This award reflects what our 'net promoter' and 'associate engagement scores' have been telling us. It is always fun to receive a recognition like this. However, it is even more fun to work with such a great group of people who have the best interests of others at heart."

This award adds to Oakworth's impressive list of accolades, as the bank has consistently been recognized among American Banker’s 'Best Banks to Work For' for eight consecutive years, securing the top position six times. Their remarkable performance is validated by a 2023 Net Promoter Score (NPS) of 96 and a client retention rate of 97% as of September 30, 2024.

Oakworth Capital Bank, established in 2008, operates four offices across the Southeast, with its headquarters in Birmingham, Alabama. The bank offers a comprehensive range of services, including commercial and private banking, wealth management, and advisory services to clients nationwide. As of now, the bank boasts total assets of $1.7 billion, gross loans of $1.4 billion, deposits totaling $1.5 billion, and around $2.3 billion in wealth and trust assets under management.

For more information on Oakworth's exceptional culture, core values, and how to join their dynamic team, visit the Oakworth Culture section of their website. Explore the full rankings of Financial Planning’s 'Best Workplaces in Money Management' online to see how Oakworth compares to other industry leaders.

With a focus on cultivating a positive and productive work environment, Oakworth Capital Bank demonstrates that prioritizing employee satisfaction not only elevates workplace morale but also enhances client relationships, creating a win-win situation for all stakeholders involved.

Topics Financial Services & Investing)

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