First Midwest Bank

  www.firstmidwestbank.com
  www.firstmidwestbank.com
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First Midwest Bank Reviews

Updated August 18, 2014
Updated August 18, 2014
17 Reviews
2.8
17 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
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Robert Laird
7 Ratings

Employee Reviews

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  1.  

    Financial Consultant

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

    I have been working at First Midwest Bank full-time for more than a year

    Pros

    Great atmosphere to grow and succeed. Good benefits. LPL is the brokerage firm and they are a good source.

    Cons

    401 (k) has a log waiting period before employer matching begins.

    Recommends
    Positive Outlook
    No opinion of CEO
  2.  

    Leadership at Mid Level

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

    I have been working at First Midwest Bank full-time for more than 8 years

    Pros

    Benefits, co-workers, locations, company values,

    Cons

    Leadership is lacking at the middle management level. Too many "cooks" in the kitchen, no one is in charge. Ideas fall on deaf ears or are taken by supervisors as their own. Technology is lacking to perform job. Salaries are typically lower than competition.

    Advice to ManagementAdvice

    Get rid of the slackers that have bogged down the company. Just because they have been around a number of years does not mean they are performing at a superior level. These individuals should have honest performance reviews and be demoted or let go for non performance. This is company wide.

    Recommends
    Neutral Outlook
    No opinion of CEO
  3.  

    Terrible Company

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

    I have been working at First Midwest Bank full-time for more than 3 years

    Pros

    Easy/brain dead job
    Decent benefits
    Decent vacation time

    Cons

    Management is horrible and couldn't care less about their employees
    Cares only about quantity instead of quality
    Cares only about volume instead of value

    Advice to ManagementAdvice

    Stop being greedy and take an interest in the ones that keep you in power-the employees, not the customers! Employees are the blood of your organization, not the customers. The company is not in business for you!

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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  5.  

    Getting more and more about sales and expansion than keeping employees happy.

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

    I have been working at First Midwest Bank part-time for more than 3 years

    Pros

    I enjoy my co-workers and some of our clients.

    Cons

    They are putting more and more pressure on tellers to increase sales and also about to create more work for teller to do. Even with all this, the pay is minimal, and when raises are given, they are a joke. This company is all about spending money on acquiring other banks, branding, and expansion and saving money at the employees expense.

    Advice to ManagementAdvice

    Stop trying to make First Midwest into Wells Fargo. Ease up on the sales. Pay your employees more because they work really hard and deal with a lot of stress.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  6.  

    Personal Banker

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

    I have been working at First Midwest Bank

    Pros

    Vacation benefits from the day you start.

    Cons

    Management is just trying to get rid of their employees and finding ways to get rid of their people. Goals are going up and they are becoming very corporate and give no interest in the well being of their employees.

    Advice to ManagementAdvice

    Do not say your not going to do anymore layoffs and two weeks later layoff entire departments.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  7.  

    Ok place to work but morale is low.

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

    I worked at First Midwest Bank full-time for more than 10 years

    Pros

    Benefits are good.

    Cons

    Communication from management is lacking. Regional manager provides no input on sales ideas.

    Disapproves of CEO
  8.  

    Amazing culture, work flow, and environment!

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

    I have been working at First Midwest Bank full-time for less than a year

    Pros

    Amazing culture, work flow, and environment!

    Cons

    Dealing with some of the branch managers or bankers in general can be a pain, but for the most part they are okay.

    Advice to ManagementAdvice

    Keep doing what you're doing!

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Changing with the times

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

    I have been working at First Midwest Bank full-time for more than 10 years

    Pros

    Management communicates a clear and motivating vision. If you have a good direct manager, work-life balance is excellent. Compensation and benefits are competitive, once you move a few steps up the ladder. Some unique, creative offerings to differentiate the bank on the retail side.

    Cons

    Lots of changes over the last few years have generated more of a "big bank" feel than a lot of longer-time employees might like. Technology is far from cutting-edge, but improving.

    Advice to ManagementAdvice

    The next time you make a major change or reorganization, make sure the new systems are tested and working before the old ones are shut down. Even a plan with the brightest people and the best intentions behind it can still be hurt by a muddled roll-out.

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    Residential Lenders beware of antiquated mortgage operation

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

    I worked at First Midwest Bank full-time for more than a year

    Pros

    The people are always friendly

    Cons

    The systems seemed outdated and mismatched

    Advice to ManagementAdvice

    Speak directly to ground floor employees and conduct surveys regarding mid-managers

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  11.  

    It's not a bad place to work but it's still a bank and all they care about at the end of the day is numbers.

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

    I have been working at First Midwest Bank

    Pros

    They are trying to be a more technological bank but they waited a long time to start doing it, so they are playing catch up

    Cons

    All about hitting monthly goals and making calls, and not willing to be flexible with scheduling.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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