News & Events

05 May 2011

Press Release

Quorum Federal Credit Union Named One of the Top 10 Companies to Work For in New York

May 05, 2011
May 05, 2011

PURCHASE, NY – Quorum Federal Credit Union (QFCU) has been named one of the Best Companies to Work for in New York for the second year in a row - jumping nine places from the previous year's honor. This year, the company was ranked No. 10 in the "Companies with less than 250 Employees" group.

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 and honor the best places of employment in New York, thereby supporting the state’s economy, workforce and businesses.

“This is the second year we have made this very prestigious list,” said Glenn Shuster, Vice President of Human Resources at Quorum. “We are committed to maintaining a work environment that attracts, retains, and rewards the best and brightest people. We are always focused on improving our processes, enhancing our service, and adding value to the company. This recognition again reflects the commitment, passion and teamwork of all our employees at Quorum to make life easier for our members and each other.”

Fifty companies were named to the Best Companies to Work For in New York list. The 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.

All 50 companies were recognized and their rankings revealed at the Best Companies to Work for in New York awards dinner on Thursday, May 5, 2011, at the Albany Marriott.

Quorum Federal Credit Union (www.quorumfcu.org) is headquartered at 2 Manhattanville Road, Suite 401, Purchase, NY 10577. With more than 43,000 members, it is among the strongest 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 (www.bestcompaniesNY.com) formed a partnership to launch the awards program in New York 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 2011 program is the fourth consecutive year of the awards.