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Centier Bank Recognized Nationally as One of the Best Banks to Work For in 2017

September 6, 2017


Merrillville, IN – American Banker magazine has named Indiana-based Centier Bank among the nation’s Best Banks to Work For.  Centier ranked #5 among banks between $3 billion and $10 billion in assets.  The Best Banks to Work For program, which was initiated in 2013 by American Banker and Best Companies Group, identifies, recognizes and honors U.S. banks for outstanding employee satisfaction. Full results of this year’s program are available at American Banker and in the September issue of American Banker Magazine.

Centier Bank was recognized for its exceptional corporate culture, which includes numerous work-life balance initiatives, including an on-site health clinic that is open to all employees with insurance, regardless of whether or not they are insured through the bank.  In addition, the organization supports its workforce with many wellness amenities and incentives to create a healthy work-life balance.  The company offers flexible scheduling, day care discounts, and senior care benefits for associates, parents, and grandparents.

“Our community commitment begins with the experiences we provide to our employees,” stated Mike Schrage, Centier Bank president and CEO.  “Our organization puts family values first and this translates into a unique corporate culture in today’s banking industry.”

In addition to being a “best bank,” Centier has been recognized as a top employer in the state, having been on the Indiana Chamber of Commerce’s Top Best Places to Work list since 2007.

“Our annual ranking recognizes the financial institutions that are committed to investing in employees’ job satisfaction, career development and personal growth – a ‘return on assets’ that can be hard to measure by traditional means,” said Marc Hochstein, editor in chief of American Banker. “One of the most valuable assets for any organization is the team of people it employs, and banks are no exception.”

Determining the Best Banks to Work For involves a two-step process. The first step involves an evaluation of participating companies’ workplace policies, practices, and demographics. In the second step, employee surveys are conducted to directly assess the experiences and attitudes of individual employees with respect to their workplace. The combined scores determine the top banks and the final ranking.

Best Companies Group managed the overall registration and survey process and also analyzed the data and used their expertise to determine the final ranking. 

About Centier Bank

Centier is the largest privately-owned independent bank in Indiana and remains committed to being owned and operated by the Schrage family in the future.  The bank has retail banking locations in Allen, Boone, Elkhart, Hamilton, Lake, La Porte, Marion, Marshall, Porter, St. Joseph, and Tippecanoe Counties in Indiana.  For more information on Centier products and services, visit

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