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Integrity in Banking

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Former Employee - Vice President, Operations  in  Kansas City, MO
Former Employee - Vice President, Operations in Kansas City, MO

I worked at Commerce Bancshares

Pros

As a regional bank, Commerce embodied community values and was family-oriented. Managers as a whole were competent and empathetic. The conservative values applied to lending has helped Commerce remain strong in the current economic crisis.

Cons

Doesn't always apply Best Practices of large banks. Allows all departments to be managed through HR, instead of evaluating business requirements. Autonomy sometimes looks like anarchy.

Advice to ManagementAdvice

Create a Commercial LOB executive position that is separate from the individual bank president positions.

Recommends
Approves of CEO

Other Reviews for Commerce Bancshares

  1. 1 person found this helpful  

    Commerce bank is a conservative banking company that specializes in commercial lending. Good Core Values.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Programmer Analyst II  in  Kansas City, MO
    Current Employee - Programmer Analyst II in Kansas City, MO

    I have been working at Commerce Bancshares

    Pros

    Adequate compensation and superior employee benefits make this a good place to work. Friendly atmosphere with good core values. Emphasis on developing new products for customers bodes well for the future. Political infighting is no worse than most banks. This bank avoided the mortgage mess currently plaguing many large financial institutions.

    Cons

    A reluctance to recognize the value of telecommuting. Exceptionally high performance review goals insure that 99 % of employees will never qualify for telecommuting. Conservative values sometimes make it difficult for the company to recognize the benefits of newer technologies.

    Advice to ManagementAdvice

    Company should explore ways to share information with employees more often. Performance reviews can be subjective and goals are often set high to discourage promotions & salary increases.

    Recommends
  2. 1 person found this helpful  

    Great place to work, if I could stay, I would.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Database Administrator  in  Kansas City, MO
    Current Employee - Database Administrator in Kansas City, MO

    I have been working at Commerce Bancshares

    Pros

    Their investment in technology and information security is high. Database performance and stability is very important. Management is very accessible, and it has a fairly flat hierarchy. The workload is spread fairly evenly, and those who perform well are recognized and generally promoted. Movement from department to department and professional growth is supported by management. Management of the bank is fairly conservative, which has made this bank a very stable employer even in the current economy. There was no investment in the sub-prime mortgage market.

    Working in the IT department, it can be a little slower paced than some IT shops, due to the conservative nature of the bank, but the projects have a very large impact, so they are carefully planned. A person with a bit of initiative can find themselves in a position of great responsibility quite quickly.

    A lot of people return to work at the bank after pursuing employment elsewhere. The only reason that I am leaving this company is because my wife took a job in a new city.

    Cons

    Certain departments and teams are overloaded, but if you know how to handle your workload, you can do well. The conservative nature of the company can be too slow paced for some IT professionals. The business units often buy products without consulting the IT department and then ask us to make it work.

    In my opinion, as far as jobs go, there aren't too many downsides to working at Commerce Bank.

    Advice to ManagementAdvice

    Try to unify policy across all business units and cost centers, but overall, Commerce is a great place to work.

    Recommends
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