News Releases
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October 18, 2010
UFCU Recognized As A Best Place To Work
Austin, Texas, October 18, 2010 - University Federal Credit Union (UFCU) was recently named one of the Best Companies to Work for in Texas 2011. The awards program was created in 2006 and is a project of TEXAS MONTHLY, the Texas Association of Business (TAB), the Texas State Council of the Society for Human Resource Management (TSC-SHRM) and Best Companies Group.
This statewide survey and awards program was designed to identify, recognize and honor the best places of employment in Texas, benefiting the state’s economy, its workforce and businesses. The Best Companies to Work for in Texas 2011 list is made up of 100 companies. UFCU has been named one of the Best Companies to Work for in Texas.
To be considered for participation, companies must fulfill the following eligibility requirements:
- Have at least 15 employees working in Texas;
- Be a for-profit or not-for-profit business or government entity;
- Be a publicly or privately held business;
- Have a facility in the state of Texas; and
- Must be in business a minimum of 1 year.
Companies from across the state entered the two-part process to determine the Best Companies to Work for in Texas. The first part consisted of evaluating each nominated company’s workplace policies, practices, and demographics. This part of the process was worth approximately 25% of the total evaluation. The second part consisted of an employee survey to measure the employee experience. This part of the process was worth approximately 75% of the total evaluation. The combined scores determined the top companies and the final ranking. Best Companies Group managed the overall registration and survey process in Texas and also analyzed the data and used their expertise to determine the final rankings.
UFCU will be recognized and honored at the Best Companies to Work for in Texas awards ceremony on Thursday, January 27, 2011, as part of the Texas Association of Business 2011 Annual Conference in Austin, Texas. The rankings will also be released in a special advertising section in the February 2011 issue of TEXAS MONTHLY.
At over $1.22 billion in assets, UFCU is Austin's largest locally owned financial institution and serves over 141,000 members in the Austin and Galveston areas. Since 1936, UFCU has taken pride in the service it provides its member-owners, meeting their financial needs wherever their lives take them. This is accomplished by the dedicated team of employees who work diligently to ensure member satisfaction and delight. To that end, becoming an employer of choice and creating a quality employee experience are of utmost importance to UFCU. For more information on UFCU, visit ufcu.org.
For more information on the Best Companies to Work for in Texas program, visit www.BestCompaniesTX.com or contact Jackie Miller at (877) 455-2159.