Lehi company in Top 20 best ‘fintech’ companies
Local ‘fintech’ company MX ranked No. 18 out of 50 of American Banker’s Best Fintech Companies to Work For in 2019.
A ‘fintech’ company is a company that uses technology to support or enable banking and financial services. American Banker is a website that tracks current trends and data in banking and financial services. It’s one of many brands under SourceMedia.
The “Best Fintechs to Work For” awards program was created just two years ago by SourceMedia and Best Companies Group. The awards honor fintech companies with “exceptional workplace culture,” according to a press release, and are determined through a two-part survey process.
“We’re honored to appear high on this list,” founder and MX CEO Ryan Caldwell said. “The rankings were based largely on employee feedback, which makes the award additionally meaningful. We work hard to ensure we have the right environment and culture.”
According to American Banker, two highlights of the MX company culture include a library separate from the rest of the office complete with couches, dim lights and a “quiet rule,” and a daily “stand-up meeting” where employees report their goals for the coming day.
“It is the quality and enablement of our people that allow us to best serve our clients and accomplish our mission of empowering financial strength,” Caldwell said. “Winning this award reinforces that MX is one of the nation’s top places to work in financial technology.”
Learn more about MX by visiting their website, https://data.mx.com/.
Kroger gets perfect score for LGBTQ equality
On March 28, The Kroger Co. announced it earned a perfect score on the 2019 Corporate Equality Index.
The Corporate Equality Index is the Human Rights Campaign Foundation’s national benchmarking tool for corporate police and practices that support LGBTQ employees. Other companies which received perfect scores include Walmart Inc., Apple Inc., General Motors Co. and Amazon.com Inc.
The annual survey assesses non-discrimination workplace protections, domestic partner benefits, transgender-inclusive health care, competency programs and public engagement with the LGBTQ community. Kroger offers and associate resource group for LGBTQ employees and allies, same-sex partner benefits, transgender-inclusive health care, and partners with the National Gay and Lesbian Chamber of Commerce to create and enhance LGBTQ supplier partnerships. Kroger met or exceeded all of the Corporate Equality Index criteria to receive a perfect score.
“This is a very proud moment for Kroger. We have worked to create a more inclusive work environment where every associate can be their best self every day and this recognition reinforces our commitment,” said Tim Massa, Kroger’s senior vice president of human resources and chief people officer. “It is also a testament to the thoughtful insight provided by our LGBTQ associates and allies, who have shown us what we do well and where we can improve.”
Read the full Corporate Equality Index by visiting www.hrc.org/cei.
Central Bank launches savings account for kids
“Forming good financial habits is an important and critical skill that everyone needs to learn. By offering our new YOUth Smart Savings account to kids, we hope to teach them critical money management skills in a simple and fun way,” Bank President Mark Packard said.
A YOUth Smart Savings account can be opened at any Central Bank location. Opening an account requires a minimum of $1, and Central Bank will match the initial opening deposit up to $20.
YOUth Smart Savings accounts earn higher interest than the Central Bank Statement Savings Account, are service-charge free, include a free ATM car and provide account holders online banking access. Young account holders can also choose a prize from the Central Bank Treasure Chest every time they make a deposit in person.
In addition to these benefits, Central Bank wishes to emphasize the importance of education. For children in grades 7-12, Central Bank will deposit $1 for every A or A- earned on report cards, up to $32 per year. When children turn 19, the YOUth Smart Savings account will automatically convert into a Statement Savings account.
“We also understand the importance of education and this account not only encourages kids to save, it also rewards them for doing well in school,” Packard said.
Central Bank has 11 locations in Utah County from the Point of the Mountain to Payson.