Pan American Bank & Trust has been selected as a recipient of the 2019 Better Business Bureau Torch Award for Marketplace Ethics for enterprises with 50 to 99 employees. The Torch Award is bestowed on a select few businesses that have distinguished themselves for their excellence and integrity.
“The Torch Award is the most prestigious award the BBB can present to a business,” says Steve J. Bernas, president and CEO of the Better Business Bureau serving Chicago and Northern Illinois. “Torch Award winners demonstrate the highest ethical standards and trust with customers, employees, community members, and other stakeholders in which they do business. Being a recipient of this award indicates the company not only believes in the high standards promoted by the BBB, but consistently demonstrates and integrates them into daily business practices. This is at the heart of why the BBB conducts the Torch Award program. We want to encourage businesses to do their best because it benefits everyone.”
“We are honored to receive this prestigious award,” says Chairman Nicholas S. Giuliano.
“We’re proud to offer the personalized, first-name-basis service that only an independently owned bank can provide,” adds CEO Frank C. Cerrone.
Pan American also has been recognized by the FDIC for performing an “outstanding job” of meeting the credit needs of its communities, a designation awarded to less than 2 percent of banks in the country, as well as by American Banker Magazine as one of the “Best Banks to Work For” nationwide.