TCF Financial – “Learn the ropes and jump ship!”

Pros

As an entry level option this is not bad for gaining banking and sales experience. This is a place to hone your skills or learn the industry and then get out. Not a bad beginning for a High School or College student.

Cons

The pay is horrible. This is probably the lowest paying bank in the Chicagoland area. In addition the sales compensation plan is a joke. Upper level management is also a joke, as there is no experience and management makes poor decisions for the most part. It is also hard to take your experience from this place and transition it to a different bank because of the company's poor reputation which could make it hard to jump to Chase, Fifth Third, Charter One, BOA, etc.

Advice to Senior Management

Pay your employees competitively. Also hire upper management that has experience and ability. You should also work to change your company's image and utilize something called marketing.