Quorum Federal Credit Union Named One of the Best Companies to Work For

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Quorum Federal Credit Union (QFCU) has been named one of the Best Companies to Work for in New York (Small and Medium Companies) for 2010.

From left to right: Susan Post, SPHR, CAE, Director, Eastern Region & Field Services Director (CT, MA, ME, NH, NY, RI, VT), SHRM; Bruno Sementilli, President and CEO of Quorum Federal Credit Union; and Ed Witherell, Managing Vice President, Right Management.

We are so proud that we have been named among the top Best Places to Work For in New York for 2010.

Quorum Federal Credit Union (QFCU) has been named one of the Best Companies to Work for in New York (Small and Medium Companies) for 2010.

The award was granted to QFCU by the New York State Society for Human Resource Management and the Best Companies Group, an independent company managing the Best Places to Work programs on state, regional and national stages around the country. The statewide survey and awards program was designed to identify, recognize and honor the best places of employment in New York, benefiting the state’s economy, its workforce and businesses.

“We are so proud that we have been named among the top Best Places to Work For in New York for 2010,” said Glenn Shuster, Vice President of Human Resources at Quorum. “I knew we had an amazing story to tell in regards to our culture, values and how we treat each employee as a partner in our mission.”

Quorum Federal Credit Union is a not-for-profit, federally-insured financial institution. “People helping people” was the philosophy that opened Quorum’s doors in 1934, and it’s what has made it one of the largest credit unions in Westchester County today.

Committed to excellence and seeing its employees succeed, Quorum prides itself on promoting from within. Staff members have access to tuition reimbursement and a bonus plan that rewards all for contributing to the company’s success. Throughout the Credit Union, a business-casual environment creates a relaxed atmosphere, promoting forward thinking and innovation among employees. The CEO meets regularly with staff to discuss strategic direction, but also meets individually with employees every Wednesday over lunch to get to know staff on a more personal level. Flexible work schedules are available, including telecommuting and a four-day work-week. And included in Quorum’s competitive benefit package is a 401k plan (with partial match) and pension.

Forty companies were named to the Best Companies to Work for in New York list. The winning companies were assessed on the basis of their workplace policies, practices, philosophies, systems and demographics. Employees within nominated companies were also asked to complete surveys used to measure individual experience.

Quorum Federal Credit Union (http://www.quorumfcu.org) is headquartered at 2 Manhattanville Road, Suite 401, Purchase, NY 10577. With over 40,000 members and over $680 million in assets, it is among the largest credit unions in the nation. Quorum, a full-service financial institution, currently serves companies of all sizes and has members in all 50 states. Managed by its members with an elected, all-volunteer board, Quorum (FCU) maintains high levels of service and makes decisions in its members’ best interests.

Quorum was founded in 1934 as a company benefit for Kraft Foods employees. Formerly known as Kraft Foods Federal Credit Union, the company changed its name in 2005 to Quorum Federal Credit Union to better reflect its broad membership base.

The New York State Society for Human Resource Management and Best Companies Group (http://www.bestcompaniesNY.com) formed a partnership to launch the awards program in New York State in 2007. In addition to the partnership, the program is supported by the following organizations: Presenting Sponsor Right Management, Supporting Sponsor Jackson Lewis LLP and program partner The Business Council of New York State. The 2010 program is the third consecutive year of the awards.

Contact:    Kimberly Schade, Vice President, Marketing & Business Development
Quorum Federal Credit Union
914-641-3783

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Kate Ottavio
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