Jan. 23, 2017 —ST. PAUL, Minn. — AgriBank, a St. Paul-based Farm Credit Bank, has received the 2017 Seal of Distinction for its organizational success in total rewards effectiveness. The seal of distinction was awarded by WorldatWork, a nonprofit human resources association and compensation authority.
"AgriBank is honored to receive this distinction as the organization works hard to engage employees and offer a competitive total rewards package that motivates them to fulfill our mission of serving rural communities and agriculture," said Bill Thone, CEO of AgriBank.
AgriBank is one of 160 organizations nationally and one of only three Minnesota organizations—including AgStar Financial Services, an AgriBank owner and customer—to be honored in 2017. This year's recipients represent industries of education, finance, government, health, law, manufacturing and pharmaceuticals – and hail from 36 states, the District of Columbia and Canada.
AgriBank was awarded the Seal of Distinction because of its health and wellness program, flexible work environment, development opportunities, yearly bonus program, employee donation match and recognition programs.
Begun in 2012, the prestigious Seal of Distinction is awarded to companies that meet defined standards of workplace programs, policies and practices weighted on several factors, such as the complexity of implementation, required organizational resources, perceived breadth of access and overall level of commitment from leadership.
"We congratulate all of the recipients of the 2017 Seal of Distinction. These recipients represent a wide variety of industries from across the U.S. and Canada, showing that the total rewards model applies to employers and employees everywhere," stated Anne C. Ruddy, president and CEO of WorldatWork. "This year, we saw the highest number of applicants since the Seal of Distinction was created. I'm confident that this means an increasing number of companies are recognizing the importance of a workplace environment that benefits both the employer and employee."
AgriBank is one of the largest banks within the national Farm Credit System, with over $100 billion in total assets. Under the Farm Credit System's cooperative structure, AgriBank is primarily owned by 17 affiliated Farm Credit Associations. The AgriBank District covers America's Midwest, a 15-state area stretching from Wyoming to Ohio and Minnesota to Arkansas. With about half of the nation's cropland located in the AgriBank District and over 100 years of experience, the Bank and its Association owners have significant expertise in providing financial products and services for rural communities and agriculture. For more information, please visit www.AgriBank.com.