Valuing the unique identities and contributions of all
Valuing the unique identities and contributions of all
At CNB, we’re devoted to creating a culture that is diverse, equal, and inclusive, from our workforce to the products we offer and the clients we serve.
We have a vision that drives our efforts here at CNB… To find a way to say “Yes” to our clients, co-workers, and communities. A key element underlying this vision is our commitment to fostering, promoting, and preserving a culture of diversity, equity, and inclusion.
Our success in sustaining and growing our franchise since 1865 is based on several core values, with one of those being mutual respect. At its core, respecting others means ensuring our business values and actions align with The Golden Rule: “Do unto others as you would have them do unto you.” In The Golden Rule, the term “others” has no qualifiers. Accordingly, we welcome and include all others as our employees, customers, and investors, benefitting from the collective strength and wisdom of their varying experiences, views, and backgrounds.
Michael D. Peduzzi, President and Chief Executive Officer
CNB Financial Corporation
It’s personal for us.
It’s personal for us.
We understand that the viability, growth and expansion of the local business economy are directly linked to diverse and inclusive practices. It is our purpose to maintain a positive work environment that values individual similarities and differences in the workforce, workplace, and the marketplace. Impressia Bank is committed to successfully integrating diversity and inclusion into every facet of our business.
In support of the Bank’s strategic diversity and inclusion efforts, and to ensure that the diverse perspectives of the entire Corporation’s employee team is considered, the Corporation established a Diversity, Equity & Inclusion Committee (the “DEI Committee”) in 2018. The DEI Committee, which meets monthly, is comprised of over 10 employee members including underrepresented minorities, females, and those who identify as LGTBQIA+, as well as two senior executive level members, with the following committee responsibilities and goals:
- Encourage an inclusive and engaged workforce culture through communications and training
- Demonstrate sustainability, commitment, and accountability by tracking DEI efforts bank wide
- Bring awareness to the importance of diversity, equity and inclusion internally and externally
Inclusion is at the heart of everything we do
When you add different perspectives, experiences and voices to the table, you just get different ideas you maybe never thought about, or different solutions or new ways of looking at things that benefit our employees, our community, and the clients we serve.
DEI is in our DNA
DEI is in our DNA
With over 800 employees across four states, our Employee Resource Groups breathe life into CNB’s culture and support a diverse, equitable and inclusive workplace. ERGs are voluntary, employee-led groups that bring together those who share common interests, backgrounds, and goals to foster a diverse and inclusive workplace. The ERG Program launched with the LGBTQIA+ and the BIPOC (Black, Indigenous, and People of Color) groups, which provide a safe place for employees to engage with and advocate for each other.
Bankers With Pride
Bankers with Pride is CNB’s LGBTQIA+ employee resource group that provides a safe and supportive space for the bank’s LGBTQIA+ employees and allies. The group aims to foster inclusivity, promote diversity, and advocate for LGBTQIA+ rights and representation within the organization.
Black, Indigenous, and People of Color (BIPOC)
The BIPOC Employee Resources Group will serve its members by helping to create an environment of equity and respect that attracts and values diverse individuals who are encouraged to contribute their perspectives to the overall success of an institution that stands in service to society.
The goal of this group is to invite all employees together in a professional setting to learn and dialogue about issues of race and ethnic equity and to foster a sense of community among employees to better support People of Color in the workplace.
Equal pay for equal work
It’s not only about equality, it’s about equity. We act on the diverse needs of our workforce, partners, communities and customers we serve. Men and women earn the same pay for the same work, globally, and the same is true for our underrepresented employees and their white peers in the U.S.
Every year, the Bank conducts an equity review of all employees. This comprehensive analysis encompasses evaluating the salaries of employees in similar positions, taking into consideration factors such as gender identity, race and ethnicity, location and cost of living, and overall employee performance. Since 2022, 40 women employees have benefitted from equity adjustments. These adjustments are vital to ensure that we are upholding our commitment to provide a fair and competitive salary to all our employees, and serve as a means to remain accountable for our actions.
By the Numbers
Among the means we use to monitor our performance in employee diversity, equity, and inclusion management, we take recurring management and employee demographic measurements and engagement surveys, and utilize the results to identify progress made, as well as areas in need of more attention, in improving the diversity, equity, and inclusion of our leadership and workforce profile, and personnel management practices.
The Corporation’s Senior Leadership team is comprised of 16 individuals, of which 50% are female and/or members of the underrepresented minority groups.
Overall, the Corporation’s workforce is 67% female and 33% male.
11% of our workforce self-identified as a member of an underrepresented minority group.
(race/ethnicity other than white, LGBTQIA+ or military veteran)
In 2022, 45 people out of 196 total hires for the Corporation identified as an underrepresented minority group.
- Data is based on company records as of December 31, 2022.
- Leadership: SVP and above.
- Equal pay analysis is based on FY22 total compensation, which includes base salary, annual cash incentives, and annual long-term incentive awards.
- Equal pay analysis includes 99.8% of all regular, active employees in a fully-integrated subsidiary as of September 30, 2022. CNB Financial Corporation’s goal is to include 100% of regular, active employees in fully-integrated subsidiaries in this analysis.
- Underrepresented employees are Black/African American, Hispanic/Latinx, American Indian/Alaska Native, Native Hawaiian/Other Pacific Islander or two or more races.
- Additional Information is available in the Annual 10-K report.
Impressia Bank is an equal opportunity employer and all applicants are considered based on qualifications without regard to sex, race, color, ancestry, religious creed, national origin, sexual orientation, gender identity, physical disability, mental disability, age, marital status, disabled veteran or Vietnam era veteran status. CNB Financial Corporation is an Affirmative Action Employer and is committed to fostering, cultivating and preserving a culture of diversity and inclusion.
Learn more about Impressia Bank’s participation in E-Verify:
Equal Housing Lender