The $566 million Sb1 Federal Credit Union in Philadelphia, Penn. announced it began a program with a local university that allows its employees to take business degree classes at the credit union.
Sb1 said 13 of the employees of the 32,000-member cooperative have begun taking classes toward MBAs at Holy Family University, a northeast Philadelphia school.
"This partnership has already been a wonderful addition to our employee compensation package," states Rob Werner, president/CEO for Sb1, said. "Within three months of starting the program, our employees were busy working toward their MBA right here at work."
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Every Wednesday, Sb1 employees take part in the program that offers employer-location classes. The unique program utilizes the Harvard case study model, teaching students how to be elite managers and problem solvers. By the completion of the course, MBA recipients will have the ability to put what they learn into practice at the Philadelphia-based credit union, Sb1 said.
"I have been impressed by the employees at Sb1," Christopher Quinn, director of extended learning programs for Holy Family University, said. "It seemed to me that Sb1 made a conscious choice to hire talented people. This in turn gives me a great opportunity to demonstrate to other companies about who we are, what we do and how successful it can be."
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