Franklin Mint Federal Credit Union

www.fmfcu.org
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There are newer employer reviews for Franklin Mint Federal Credit Union
There are newer employer reviews for Franklin Mint Federal Credit Union

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Stifling

  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Head Teller
Current Employee - Head Teller

I have been working at Franklin Mint Federal Credit Union

Doesn't Recommend
Doesn't Recommend

Pros

Depending on which district you are in the opportunities are endless.

Cons

Even though the organization says that they hire from within, there are rarely promotions from within. Also, they say that they value education but do not utlitize what those with advanced degrees do offer. In fact, it seems as if having an advanced degree is frowned upon, as most of Upper Management do not have college degrees.

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  1. MSR

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Franklin Mint Federal Credit Union

    Recommends
    Negative Outlook
    Approves of CEO
    Recommends
    Negative Outlook
    Approves of CEO

    Pros

    FMFCU is a great place to develop professionally and learn how to deal with complex issues. The work/life balance is excellent, and there is relatively little pressure to sell.

    Cons

    Employees are paid relatively little.

    Advice to Management

    Increase salary to compete with bigger financial institutions, and don't make employees jump through unnecessary hoops to earn a promotion.


  2. Could be great, if but for a few things...

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Franklin Mint Federal Credit Union full-time

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    Has a nice incentive policy. Payouts could be a bit better, but nothing to sneeze at. Generous PTO policy, even for new employees. Some executives and back office team members genuinely care about the front line.

    Cons

    Company went from being stagnant with updating technology, policies/procedures, branches, etc., to trying to do everything at once. The result is a veritable cluster of miscommunication, frustration, setbacks, and relative ignorance of existing branches badly in need of updates while putting all the focus on new branches. Issues with IT are almost always the primary complaint in company reviews. IT infrastructure needs major updating...$150K apparently budgeted for that in the coming year, but they spent more on a cafeteria at the main office that benefits only those in the back office. Company needs to focus on one thing at a time, first by fixing the problems being experienced by the existing locations instead of worrying about renaming everyone's job title... Company frequently relies on hiring outside employees instead of promoting and advancing employees from within...seems like a waste of resources having to constantly train new employees instead of using the talent already available.

    Advice to Management

    Stop trying to flip the entire company from top to bottom. It's turning into chaos. Look at how many employees are leaving since the beginning of the year.


There are newer employer reviews for Franklin Mint Federal Credit Union
There are newer employer reviews for Franklin Mint Federal Credit Union

See Most Recent

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