Chesapeake Bank Named One of the 2023 “Best Banks to Work For” for the 11th Consecutive Year

Chesapeake Bank has been named one of the 2023 Best Banks to Work For. American Banker has partnered with Best Companies Group to identify banks that excel at creating positive and supportive workplaces for employees.

This year 90 banks earned a spot in the ranking of Best Banks to Work For, based on an anonymous employee survey and a thorough review of the benefits and perks offered. The full 2023 Best Banks to Work For list will be featured at www.americanbanker.com.

“We are so proud to be included in this list of Best Banks to Work For,” said Jeff Szyperski, President and CEO of Chesapeake Bank. “This accomplishment is the result of our continued commitment to culture and making Chesapeake Bank a great place to work. The overall environment we have created makes for engaged and satisfied employees which, in turn, satisfies and rewards our customers and shareholders.”

On the 2023 list, Chesapeake Bank was ranked No. 61. The bank has been on the list every year since 2013 as well as being on the Top 200 Community Banks in the Nation list since 2007. The survey and awards program are designed to identify and honor banks with the best cultures for helping employees thrive.

Determining the Best Banks to Work For involved a two-step process. The first consisted of evaluating each participating bank’s workplace policies, practices, and demographics. This part of the process was worth approximately 25% of the total evaluation. The second consisted of employee surveys aimed at assessing the experiences and attitudes of individual employees with respect to their workplace. This part of the process was worth approximately 75% of the total evaluation. The combined scores determined the final ranking.

To be considered for participation, banks had to have at least 50 employees working in the U.S. and been in business for a minimum of one year. Best Companies Group managed the registration and survey process and also analyzed the data to determine the final ranking. 

For more information on the Best Banks to Work For program, visit www.BestBankstoWorkfor.com.