There are newer employer reviews for Cole Taylor Bank

1 person found this helpful  

Cole Taylor Bank has established a great leadership team, a lot of opportunity to advance

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - Vice President  in  Ann Arbor, MI
Former Employee - Vice President in Ann Arbor, MI

I worked at Cole Taylor Bank full-time for more than a year

Pros

Very aggressive growth plan, the leadership team is very observant of individual performance both for the sales force and the operations team. This group has a very impressive track record in mortgage banking, they have applied what they have learned along the way and this venture seems to be bringing out the best of those experiences.

Cons

Maybe growing a little too fast, always a challenge. A clerk could easily get lost in the shuffle if they are not willing to go the extra mile on a very regular basis. Be prepared for a lot of hours at the office if you want to be a standout employee in this group.

Advice to ManagementAdvice

Keep doing in growth mode what you were doing when putting the foundation together. they had a very balanced approach to building the foundation, equal time was given to operations and sales. That is much harder to do as you get bigger, remember how valuable that balance was in the beginning.

Recommends
Positive Outlook
Approves of CEO

14 Other Employee Reviews for Cole Taylor Bank (View Most Recent)

Sort: Rating Date
  1.  

    Above Average Place to Work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Credit Analyst  in  Chicago, IL
    Current Employee - Credit Analyst in Chicago, IL

    I have been working at Cole Taylor Bank full-time for less than a year

    Pros

    Well run company with many industry veterans running the show. The general workflow is generally well set up. In addition the company appears to compensate at or above market rates and this continues to improve as the company rapidly expands.

    Cons

    Credit appears to be out of touch with the market and need to be more involved on a face to face basis with the lending staff. Some processes are out of date and need to be revamped (appraisals, annual reviews, HR rules, etc.)

    Advice to ManagementAdvice

    Involve lending staff in more of the credit decisions (allow GSVPS voting rights, etc.) and work to improve overall PR with employees and customers.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Feeling some way

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Banking Center Associate  in  Rosemont, IL
    Current Employee - Banking Center Associate in Rosemont, IL

    I have been working at Cole Taylor Bank full-time for more than a year

    Pros

    The hours are great at this company.

    Cons

    There are no promotions at this company. The goal for referrals are nearly impossible to achieve.

    Advice to ManagementAdvice

    Don't people over qualify people in under qualify positions and expect them to stay in that position forever.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
There are newer employer reviews for Cole Taylor Bank

Worked for Cole Taylor Bank? Contribute to the Community!

Your response will be removed from the review – this cannot be undone.