Citizens Republic Bancorp

  www.citizensonline.com
  www.citizensonline.com
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Citizens Republic Bancorp Reviews

11 Reviews
2.8
11 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Citizens Republic Bancorp President, CEO, and Director Cathy Nash
Cathy Nash
8 Ratings

7 Employee Reviews Back to all reviews

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  1.  

    Great Work Life Balance!!!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Personal Banker  in  Flint, MI
    Current Employee - Personal Banker in Flint, MI

    I have been working at Citizens Republic Bancorp full-time for less than a year

    Pros

    Great schedule and work life balance. Not a big corporation like some of the other banks so not a ton of micro management. Good amount of paid time off and treated very respectfully.

    Cons

    Incentive is not as agressive as I thought especially for how sales oriented they want us to be.

    Recommends
    Neutral Outlook
    Approves of CEO
  2.  

    Tried to be new school, but they had too many oldschoolers running things

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Branch Manager  in  Brighton, MI
    Current Employee - Branch Manager in Brighton, MI

    I have been working at Citizens Republic Bancorp full-time for more than 3 years

    Pros

    positive atmosphere, long time clients bring a homey atmosphere

    Cons

    They were very nonsales oriented until the 2000's. They tried several different systems that didn't seem to work. Upper management was just too old school.

    Advice to ManagementAdvice

    Recognize employees based on merit and how much profit they bring to the company, not on how many widgets they sell

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  3.  

    It has been stressful, overwhelming and unsatisfying.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Client Service Supervisor  in  Ypsilanti, MI
    Current Employee - Client Service Supervisor in Ypsilanti, MI

    I have been working at Citizens Republic Bancorp

    Pros

    Clients are friendly and the contests are enjoyable.

    Cons

    Travel for meetings an hour away is rediculous.

    Doesn't Recommend
    Approves of CEO
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  5.  

    Very Employee Friendly.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Customer Service Representative  in  Jefferson, WI
    Current Employee - Customer Service Representative in Jefferson, WI

    I have been working at Citizens Republic Bancorp

    Pros

    The Training process is second to none! The Trainers are also great ppl! I really love that they really do listen to their employees thoughts. When you do good things they dont go unnoticed!

    Cons

    They have cut back on raises. And made it more difficult to reach incentives. It is very hard sometimes to reach goals or complete all of your weekly sales stuff when you are only part-time. They limit their full-time employees and hire mainly part-time staff. Which is very sad considering the great things this company can do.

    Recommends
    Approves of CEO
  6.  

    Citizens, a Challenged Survivor

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Vice President  in  Novi, MI
    Current Employee - Vice President in Novi, MI

    I have been working at Citizens Republic Bancorp

    Pros

    Management has sought to create a vision of a company that it has genuine aspirations to become. It believes in doing the right things from a credit perspective and John Schwab is one of the best credit minds that I've ever worked with. I believe the company will be a survivor of the current credit environment.

    Cons

    In this environment, communication has been very poor. Staff members disappear without any formal announcement of their departure, informal communication is rampant. We're based in a market that has/will see a deep recession and slow recovery. That side of our work isn't a great deal of fun.

    Advice to ManagementAdvice

    Identify a vision for Citizens that is robust enough to be valid in this environment and will remain so during the eventual recovery. It is difficult to have faith when you're told that a dividend cut is enough to help us weather the storm, then that we must eliminate the dividend to avoid having to raise capital, then to raise capital anyway making "our balance sheet bullet proof", then taking TARP funds to add even more liquidity. While each of these moves may have been necessary and good, it makes it difficult to believe that senior management knows what we need. Create the vision and proactively drive the company toward it, rather than being so reactionary.

    Doesn't Recommend
    Disapproves of CEO
  7.  

    Once a great bank that has been destroyed by current leadership.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Flint, MI
    Current Employee - Anonymous Employee in Flint, MI

    I have been working at Citizens Republic Bancorp

    Pros

    Flexible work hours and a reasonable salary. It is Michigan and it is a job, but that's about it. Some managers understand how difficult it is to work here and make it tolerable for their employees. Others don't.

    Cons

    This was once a great bank to work at but the acquistion of Republic has completely destroyed employee faith in management. The Hartman era has been a complete failure. Operations and back room remain a debacle. Simple processing and data entry type errors made at an alarming rate. Absolutely no value proposition which makes selling very difficult. Senior management with a new strategy or focus each week. Very poor communication. Senior management still has country clubs, big bonuses, etc. while restricted stock and any form of a reasonable bonus has been cut from those doing all the work.

    Advice to ManagementAdvice

    Perform due diligence before making acquisitions. Try executing one strategy before heading down a completely different path. Cut out your country clubs, bonuses, restricted stock, etc. and feel the pain with the rest of us.

    Doesn't Recommend
    Disapproves of CEO
  8.  

    This company treats its managers with a very condescending tone.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Branch Manager
    Current Employee - Branch Manager

    I have been working at Citizens Republic Bancorp

    Pros

    It is a place to work. That is about the best thing I can say. There are some very good people who work for Citizens but management is a mess.

    Cons

    They say they want people with sales backgrounds and then have managers with zero sales experience micro-manage the sales process. No CRM program exists so they require a series of Excel wooksheets to do the job. Very in efficient.

    Advice to ManagementAdvice

    Stop making people sit on the floor and speaking to them as if they were 4 years old. Whoever came up with that idea needs to go. It does nothing but make people feel disrespected and breeds resentment. The message is lost because everyone is thinking, "Why are we sitting on the floor?" If you want people to behave professionally treat them professionally.

    Disapproves of CEO

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