MB Financial

  www.mbfinancial.com
  www.mbfinancial.com
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MB Financial Reviews

Updated August 5, 2014
Updated August 5, 2014
42 Reviews
3.0
42 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
MB Financial President, CEO, and Director Mitchell Feiger
Mitchell Feiger
32 Ratings

Employee Reviews

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  1.  

    I was hired to start up a new division, which was a great challenge

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Vice President  in  Chicago, IL
    Former Employee - Vice President in Chicago, IL

    I worked at MB Financial full-time for more than 5 years

    Pros

    I had management support, visibility, support

    Cons

    Team didn't understand the new launch and would not change ideas

    Advice to ManagementAdvice

    As new products are launched, develop a team to work towards the end goal.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Great company!

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at MB Financial

    Pros

    Fun people, working hard, to build a better company

    Cons

    Banking is a tough industry

    Advice to ManagementAdvice

    Keep doing what you're doing.

  3.  

    Hostite environment

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

    I have been working at MB Financial full-time for less than a year

    Pros

    Company is awesome and benefits are wonderful.

    Cons

    Worst managers and they push you to get accounts no matter how. I am a new employee and they treated me very bad. All the management team is connected inside. I was performing good when hired after my probation period they put me on probabtion one more time because they want me to get fired or look for new job. They need accounts all the time I think I made a worst choice by selecting to work with this bank. Overall this is not a good company when it come to retail side.

    Advice to ManagementAdvice

    Plz hire good managers and asst. managers who understand the staff.

    Disapproves of CEO
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  5.  

    Cole Taylor merger disasterous

    • Comp & Benefits
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at MB Financial full-time for more than 5 years

    Pros

    Although pay is low, it was a nice place to work. Nice culture committee efforts, monday morning ceo call nice touch.

    Cons

    Wow. Bringing over all that is bad from Cole Taylor, Cole Taylor had all sorts of skeletons in their closet, about to become MB s problem. Many of the Cole Taylor management team taking over key roles and ruining key departments.

    Advice to ManagementAdvice

    If CT management team did a lousy job with Cole Taylor, why would you put them in charge? Mood has changed dramatically, lots of unhappy employees looking to leave.

    Recommends
    Neutral Outlook
    No opinion of CEO
  6.  

    Solid B+

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

    I have been working at MB Financial full-time for more than 3 years

    Pros

    Great benefits, good communication from CEO, supportive coworkers, great participation in the community, smart bankers

    Cons

    Inconsistent management across departments/groups, senior sales executives more concerned with internal meetings and reporting than meeting with customers, culture can be a little cliquey, lean systems and ineffective strategies for improving them, arrogant credit officers. Personal growth feels limited as direct management not interested in promoting their people or stretching to support deals.

    Advice to ManagementAdvice

    Keep up the communication, take reasonable risks for reasonable rewards, hold people accountable. Don't miss the forest for the trees. What may have worked in the 1990s doesn't work today. CEO needs people that can tell him the pros and cons of the company, especially if morale is low.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  7.  

    Personal Banker - good entry level job for a recent college graduate

    • Comp & Benefits
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Personal Banker  in  Chicago, IL
    Former Employee - Personal Banker in Chicago, IL

    I worked at MB Financial full-time for less than a year

    Pros

    Benefit is decent.
    Plenty of training and job growth opportunity.

    Cons

    Work-life balance is not so great for working mom, but if you are single, then it's ok.
    Base salary isn't so great, but it is bank after all.

    Recommends
    Neutral Outlook
    Approves of CEO
  8.  

    NIce Employer

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

    I worked at MB Financial full-time

    Pros

    great benefits, above and beyond most employers. Centrally located and many different locations to work at

    Cons

    Compensation was on the low end of other companies. Middle management hesitant to make crucial changes

    Recommends
    Neutral Outlook
    Approves of CEO
  9.  

    Friendly environment with accessible senior management

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

    I have been working at MB Financial as an intern for less than a year

    Pros

    accessible, intelligent senior management willing to teach those who are willing to learn. If you take initiative it will be a great learning experience.

    Cons

    Not many cons to discuss. You must live in the suburbs of Chicago to work for this company because it is only a regional bank, but has a strong reputation.

    Recommends
    Positive Outlook
    Approves of CEO
  10. 2 people found this helpful  

    Hostile environment.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Customer Service Representative  in  Lincolnwood, IL
    Former Employee - Customer Service Representative in Lincolnwood, IL

    I worked at MB Financial part-time for more than a year

    Pros

    Its home grown. Everyone is acquitted with each other.

    Cons

    heavy work load. Poor Pay. Upper management pushed for sales.

    Advice to ManagementAdvice

    Hire more employees for peak hours. Invest more time and money in your employees.

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
  11. 2 people found this helpful  

    I have seen a lot of things done at MB to meet the goals and I wouldn't consider those things ethical.

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

    I worked at MB Financial full-time for more than a year

    Pros

    Great corporate culture. Tons of benefits. Communication from top to bottom: top management shares future plans with employees. Great environment at the corporate offices in Rosemont, great training.

    Cons

    Communication from bottom to top - none. Relatively small company, everybody knows each-other, gossip about each-other. Goals do not reflect reality. Huge push on sales taking from customer service. Management that has no managerial skills.

    Advice to ManagementAdvice

    Rotation of Branch managers.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

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