There are newer employer reviews for Cole Taylor Bank
There are newer employer reviews for Cole Taylor Bank

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Helpful (1)

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

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

I worked at Cole Taylor Bank full-time (More than a year)

Recommends
Positive Outlook
Approves of CEO
Recommends
Positive Outlook
Approves of CEO

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 Management

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.

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  1. Above Average Place to Work

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

    I have been working at Cole Taylor Bank full-time (Less than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    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 Some processes are out of date and need to be revamped (appraisals, annual reviews, HR rules, etc.)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 Management

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


  2. Feeling some way

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    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 (More than a year)

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    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 Management

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


There are newer employer reviews for Cole Taylor Bank
There are newer employer reviews for Cole Taylor Bank

See Most Recent

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