News & Events

Quorum Federal Credit Union Named a 2025 Fortune Best Workplace in New York for the Third Consecutive Year

Jun 11, 2025

Purchase, NY, June 11, 2025 – Quorum Federal Credit Union, a forward-thinking online credit union serving members across the U.S., has been named One of the Best Workplaces in New York by Fortune Media for the third year in a row, coming in at No. 28. Quorum was eligible for the honor based on its earlier Great Place to Work Certification™. Earning a spot means Quorum has surpassed rigorous benchmarks, establishing itself as one of the best workplaces among companies headquartered in New York.

To determine the Fortune Best Workplaces in New York™ List, Great Place To Work collected nearly 145,000 confidential survey responses from employees at eligible companies via its proprietary platform. Companies were ranked based on their ability to offer consistently positive experiences, building trust with leaders, colleagues, and the overall organization.

“We are incredibly proud to be recognized as one of the best workplaces in New York by Fortune for the third consecutive year,” said Quorum President and CEO Jeffrey Pachter. “This recognition reinforces the belief that when prioritizing our credit union members and partners, everything else falls into place. The team’s unwavering commitment to those we serve is at the heart of the success, and this award validates the positive impact we’re making. Thank you to Fortune and Great Place to Work for this recognition; it gives us even more drive to keep making this a workplace where our purpose really shines.”

The Best Workplaces in New York list is highly competitive. Survey responses reflect a comprehensive picture of the workplace experience. Honorees were rewarded based on their ability to deliver positive outcomes for employees regardless of role or status within the organization. To be eligible for the list, companies must be Great Place To Work Certified™, have at least 10 U.S. employees, and be headquartered in New York State or the New York Metropolitan area.

“Congratulations to the Fortune Best Workplaces in New York,” says Michael C. Bush, CEO at Great Place To Work. “These companies prove that prioritizing people leads to better performance, and that leaders who invest in their people are rewarded with more sustainable and profitable businesses.” 

Quorum benefits are continuously evaluated and evolved to remain competitive, the latest being free password management software and LinkedIn Learning licenses for all employees. Other benefits include: a Health & Wellness program which offers employees up to $100 a month to spend on eligible expenses like gym memberships and fitness classes, massage therapy/spa services, and meal kit deliveries; a progressive time-off policy (paid personal time, birthday time, company-observed holiday time, purchase/sell-back program to help employees right-size the amount of time they need for the year, and a Volunteer Time Off policy, allowing all in-office, hybrid and fully remote workers to give back to their community during work hours while still getting paid); tuition reimbursement and a bonus/commission plan that reward all for contributing to the company’s success, a flexible work schedule (including a hybrid work model and four-day work-week), a 401k plan (with company match dollar for dollar up to 6 percent), a Health Reimbursement Account that assists employees with costs associated with the company’s medical plan, reimbursing  deductibles, and sizable employee discounts (including mortgage discounts).

In addition to top benefits, virtual teambuilding events are prioritized. In 2025, the Credit Union kicked off a 30-Day “Q’Fit” Challenge, a cardio-focused adventure designed for all employees at all fitness levels, with more to come in the second half of the year.

Learn more about what Quorum offers, and current job postings, by visiting its Careers Page.

About Quorum Federal Credit Union

Quorum Federal Credit Union is a forward-thinking online credit union headquartered at 2500 Westchester Avenue, Purchase, NY 10577. Founded in 1934 as the exclusive credit union for Kraft Foods employees, today the Credit Union serves over 50 companies nationwide including Ogilvy, Avon, Mastercard, Mondelēz International, Philip Morris International, Altria, and Kraft Heinz and has members living in all 50 states. Quorum is banking that is focused on its customers (members, partners and employees) and how its products and services help them to live life as they choose. Its aim is to do “Good” by and for its customers. It calls this mission Banking That’s Good. For You™.

About the Fortune Best Workplaces in New York

Great Place To Work selected the 2025 Fortune Best Workplaces in New York by surveying 1.3 million employees in the U.S., representing companies that collectively employ more than 8.4 million U.S. workers. Of those responses, nearly 145,000 were received from employees at companies that were eligible for the 2025 Fortune Best Workplaces in New York List, and these rankings are based on their feedback. Companies earn eligibility by being Great Place To Work Certified™, having at least 10 U.S. employees, and having headquarters in the New York region.

About Great Place to Work

As the global authority on workplace culture, Great Place To Work brings more than three decades of groundbreaking research and data to help every place become a great place to work for all. Its proprietary platform and Great Place To Work Model™ help companies evaluate the experience of every employee, with exemplary workplaces becoming Great Place To Work Certified and receiving recognition on its coveted Best Workplaces™ lists.