Porter Bancorp, Inc. (PBIB) Subsidiary PBI Bank To Be Honored At 10th Annual Best Places To Work In Kentucky Awards
Seeking Alpha Analyst Since 2010
Porter Bancorp, which runs a series of 18 full-service banking offices across 11 counties in some of Central Kentucky's best markets (including metropolitan Louisville, as well as the surrounding counties of Henry and Bullitt) via their subsidiary PBI Bank, was proud to report today that PBI Bank has been named as one of the select few medium-sized companies eligible to receive the Best Places to Work in Kentucky award for 2014, as administered by the Kentucky Chamber of Commerce, in collaboration with the Kentucky Society for Human Resource Management (KYSHRM) and dedicated "Best Places to Work" program developer, Best Companies Group.
This is a prestigious distinction for PBIB and clearly heralds to all that not only is PBI Bank one of the best employers in the state, but that the company is of tremendous value to the overall state economy, as well as helping to bolster the state's business and workforce profile. Winner rankings for the 10th annual Best Places to Work in Kentucky are scheduled to be announced this April 24 at Heritage Hall in the Lexington Convention Center and represent the combined analytical effort of the vast KYSHRM organization, which has a membership exceeding 1.5k HR and business professionals spanning 13 local chapters across the state in all industries.
President and CEO of PBI Bank, John T. Taylor, pointed directly to what he feels is the operation's most important asset, their employees, before pledging to continue to drive the kind of high standards that have garnered PBIB this key distinction by heartily rewarding integrity, teamwork, and service excellence. PBIB had $1B in assets as of September 2013 and running the gauntlet of the two-step process for this award, beating out the stiff competition first in the policy, practices, and demographics competition (25% of score) and then rocking the employee survey portion (75%), shows that the well-oiled PBIB machine has a deep customer-oriented bench of happy talent, as well as the sector muscle to deliver for shareholders.
The rigorous scoring methodology employed by Best Companies Group (BCG) is at the heart of this award's prestige and their reputation in the industry over the last decade since inception speaks for itself. Combining comprehensive reporting with extremely granular surveying tools, BCG has mastered the filigree art of highly-customized data gathering solutions, resulting in some of the most articulate trend analysis available today. BCG is a division of Central Penn Business Journal and Next Magazine publisher Journal Multimedia, a multi-title publisher for a whole host of respected, award-winning business and consumer publications, as well as a developer of websites, video content and events.
PBI Bank will be recognized at the ranking ceremony and all the winners will subsequently be formally recognized via feature in a magazine that is to be distributed state-wide, bringing yet more patrons through the doors of this bank, whose brand is already known for unparalleled customer service and a history that stretches back to 1902.
For more information, visit PBI Bank online at PBIBank.com
MissionIR provides investor relations services to publicly traded companies in exchange for compensation. This article may be part of our efforts to widen a client's exposure. To read our full disclaimer, visit http://disclaimer.missionir.com
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.