Oakworth Capital Bank Recognized as one of Financial Planning's "Best Workplaces in Money Management"
Rhea-AI Summary
Oakworth Capital Bank (OTCQX: OAKC) has been ranked #7 on Financial Planning's 2024 'Best Workplaces in Money Management' list, following its #2 ranking in American Banker's 'Best Bank to Work For' survey. The recognition is based on anonymous employee feedback and evaluation of workplace policies, benefits, and practices.
The bank, founded in 2008, operates four offices in the Southeast with headquarters in Birmingham, Alabama. As of September 30, 2024, Oakworth reported $1.7 billion in total assets, $1.4 billion in gross loans, $1.5 billion in deposits, and $2.3 billion in wealth and trust assets under management. The bank maintains a strong track record with a 96 Net Promoter Score and 97% client retention rate in 2023.
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News Market Reaction – OAKC
On the day this news was published, OAKC gained 4.84%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
"We are honored to be included among the top firms recognized by Financial Planning," said Scott Reed, chairman and CEO of Oakworth. "At Oakworth, we believe that a thriving team directly translates to exceptional client experiences. This acknowledgement underscores our dedication to both our associates and the communities we serve."
Financial Planning's "Best Workplaces in Money Management" list celebrates organizations that set the standard for excellence in employee satisfaction, professional growth and overall workplace environment within the financial industry. Rankings are determined based on anonymous employee feedback and a detailed evaluation of workplace policies, benefits and practices.
Oakworth's unique company culture, guided by their mission of Helping People Succeed, fosters collaboration, empowerment and continuous improvement. "We have a great thing going here at Oakworth. This award reflects what our "net promoter" and "associate engagement scores" have been telling us," said John Norris, managing director, head of investments and thought leadership. "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."
Full results of this year's rankings are available at Financial Planning online.
To learn more about Oakworth's culture, core values and how to join the team, visit the Oakworth Culture section of our website.
About Oakworth Capital Bank:
Oakworth Capital, Inc. operates as the bank holding company for Oakworth Capital Bank (OTCQX: OAKC). Oakworth was founded in 2008 and operates four offices in the Southeast, including its headquarters in
Oakworth has been ranked among American Banker's "Best Bank to Work for" for the past eight years, holding the top spot for six of those and ranking #2 this year. Additionally, Oakworth's 2023 average Net Promoter Score (NPS) was 96 with a commensurate client retention rate of
Contact: Sonia Blumstein
205.271.2017
Sonia.blumstein@oakworth.com
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SOURCE Oakworth Capital Bank
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