First Midwest Bank

www.firstmidwestbank.com
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First Midwest Bank Reviews

Updated April 24, 2015
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2.9
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Robert Laird
10 Ratings

20 Employee Reviews

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  1. Financial Consultant

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Consultant in Aurora, IL
    Former Employee - Financial Consultant in Aurora, IL

    I worked at First Midwest Bank

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

    Pros

    Good atmosphere, independence, good payout grid. LPL is broker dealer. Good referral program.

    Cons

    Long time wait for 401k, and little assistance for further education.


  2. Customer Care Rep

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

    I have been working at First Midwest Bank part-time

    Pros

    Nice culture and very friendly. Great management.

    Cons

    hard internal development, not much room for professional growth


  3. Bank is follower rather than a leader. Extremely conservative

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

    I have been working at First Midwest Bank

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

    Pros

    Nice people, diversified line of businesses,

    Cons

    Executive Management is paid with all the perks and high salary, very limited investment in employees or technology to increase efficiency or cross functional opportunity.

    Advice to Management

    Stop suggesting we have to manage costs when management benefits and salary is inflated


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Former Teller with Company 1.5 years

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Teller II in Gary, IN
    Former Employee - Teller II in Gary, IN

    I worked at First Midwest Bank

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

    Pros

    Easy job, most coworkers were sensible people, customers were nice, benefits were okay

    Cons

    If you want to advance from a teller to something beyond, forget about it.
    Lots of favoritism
    Spend more time stressing about sales than caring about the employees.

    Advice to Management

    Start working on how you treat your employees. There is little loyalty to the company. The majority of people I talked to were dissatisfied. Also, if you are going to eliminate someone's position, give them more than one week notice.


  6. Financial Consultant

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

    I have been working at First Midwest Bank full-time (More than a year)

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    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.


  7. Leadership at Mid Level

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

    I have been working at First Midwest Bank full-time (More than 8 years)

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    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 Management

    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.


  8. Terrible Company

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

    I have been working at First Midwest Bank full-time (More than 3 years)

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

    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 Management

    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!


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

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

    I have been working at First Midwest Bank part-time (More than 3 years)

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

    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 Management

    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.


  10. Ok place to work but morale is low.

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

    I worked at First Midwest Bank full-time (More than 10 years)

    Disapproves of CEO
    Disapproves of CEO

    Pros

    Benefits are good.

    Cons

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


  11. Personal Banker

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

    I have been working at First Midwest Bank

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

    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 Management

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



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