For the 2nd Year in a Row, TTCU Named Best Credit Union to Work For
For 2nd year in a row, Texas Tech Credit Union has been named Best Credit Union to Work For by Credit Union Journal!
The full Best Credit Unions to Work For list was featured in the August 2016 issue of Credit Union Journal and is available online at CUJournal.com.
Check out our press coverage here:
Special Report: The Best Credit Unions to Work For – Credit Union Journal
Credit Union Journal partnered with Best Companies Group to identify companies that have excelled in creating quality workplaces for employees. This program is designed to identify, recognize and honor the best credit unions. To be considered, credit unions had to fulfill the following eligibility requirements:
- Have at least 25 employees working in the U.S.
- Be in business a minimum of one year
- Be in one of the following categories based upon asset size: Over $1 billion, $500M-$1B, $200M-$500M or Under $200M
Determining the Best Credit Unions to Work For involved a two-step process. The first step consisted of evaluating each participating credit union's workplace policies, practices, and demographics. This part of the process was worth approximately 25% of the total evaluation. The second part 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 best credit unions and the final ranking. Best Companies Group managed the overall registration and survey process and also analyzed the data and used their expertise to determine the final ranking.
Texas Tech FCU employees credit a defined service philosophy, a fun work environment and regular employee appreciation as integral parts of their positive work culture. With its core values of Trust, Respect, Excellence, Kindness, and Stewardship (TREKS), the CU employees are encouraged to volunteer at local non-profit organizations. Each employee is allowed one paid day per quarter to serve in the community.
Multiple times a year, the CU promotes fun outings for employees and their families. Recent events include picnics, sporting events and dinner meet-ups at local restaurants. To celebrate birthdays, employees are also given the day off with pay.
Four times a year, the CU selects an Employee of the Quarter (EOQ). Nominations are directly related to how the employee has demonstrated Texas Tech FCU's core values in service to its members and in their role in the organization. Each EOQ is given a personalized award and a paid day off. EOQs are then eligible to be named Employee of the Year at the annual Christmas Party. The Employee of the Year receives a personalized award and a check for $500 dollars.
Since their beginning in the TTU Administration Building in 1959, staff, students and alumni have been enjoying the warm and friendly service that comes with being a member for over 56 years. Texas Tech FCU currently operates three branches, and serves more than 11,000 members.