Location: Westbrook, ME
Assets: $320 million
Asset Category Rank (between $200M-$500M): 2
Overall Rank:12
Assets: $320 million
No. of employees: 77
President/CEO: Elizabeth Hayes
Whether it's carrying a member's groceries, clearing snow from members' cars or volunteering at the local food bank, employees at Infinity Federal Credit Union are encouraged to do random acts of kindness.
"We trust our employees to place people before profits, and by focusing on doing what's best for each person, growth and financial success are following," said Infinity Federal CU CEO Elizabeth Hayes.
In turn, Infinity demonstrates its care for employees by providing "top-notch" compensation and benefits, noted Hayes. These include free medical insurance for employees and free dental insurance for employees and families, two retirement plans and 100% coverage for employee and family dental insurance.
Employees also receive an extra day off in their birthday month. After five years of service, employees earn a five-day paid sabbatical, which occurs every five years thereafter. This approach not only awards hard work and dedication, but speaks to the value Hayes places on supporting employees outside of the workplace. "Flexible hours allow employees to balance work and home life."
Professional development opportunities include full coverage for college tuition and books, and for various certifications. This employee support system is designed to circulate back to the member experience.
"Employees are empowered to do what is right for the member and, as leaders, it's our job to remove barriers and make saying 'yes' as easy as possible," said Hayes. "We don't spend a lot of time second guessing our employees."
Founded in 1921, the CU currently operates four branches serving more than14, 000 members.