New American Funding Honored by Fortune as One of America’s Best Workplaces for Diversity
December 5, 2017
Fortune and Great Place to Work have named New American Funding as one of the top workplaces for diversity in the United States. New American Funding ranked 42nd in the nation on the third annual list, which is based on employee feedback and the amount of diversity within an organization’s workforce.
Great Place to Work evaluated several areas, including fair treatment in the workplace, opportunities for advancement, and access to senior leadership. Among the employees surveyed, 97 percent believe New American Funding has a great atmosphere.
“We’re passionate about diversity and inclusion. It’s at the heart of what we do at New American Funding. It’s built into our culture’s DNA,” said Co-Founder and President Patty Arvielo. “Therefore, we count it a tremendous honor to be acknowledged by Fortune for creating an outstanding work environment for all employees.”
Arvielo, a long-time diversity champion, has successfully established a company that’s 43 percent minority and 58 percent women, with many holding C-level positions. She has developed a culture where diverse groups have the opportunity to advance through an initiative known as, “If you want to grow, we want to know.” She also invests time in helping women progress in their career through her quarterly mentorship program.
As well, Arvielo has created opportunities for employees to provide more services to diverse consumers and communities. Through Latino Focus Committee and New American Dream, employees are educating Latinos and African-Americans who want to become homeowners. Earlier this year, the company pledged to lend $25 billion in new mortgages to Hispanic borrowers.
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