MB Financial
3.0 of 5 40 reviews
www.mbfinancial.com Chicago, IL 1000 to 5000 Employees

MB Financial Reviews

Updated Jun 30, 2014

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3.0 40 reviews

                             

90% Approve of the CEO

MB Financial President, CEO, and Director Mitchell Feiger

Mitchell Feiger

(31 ratings)

47% of employees recommend this company to a friend
40 Employee Reviews
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    I was hired to start up a new division, which was a great challenge

    Vice President (Former Employee)
    Chicago, IL

    ProsI had management support, visibility, support

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

    Advice to Senior ManagementAs new products are launched, develop a team to work towards the end goal.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    Great company!

    Anonymous Employee (Current Employee)

    ProsFun people, working hard, to build a better company

    ConsBanking is a tough industry

    Advice to Senior ManagementKeep doing what you're doing.

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    Solid B+

    Vice President (Current Employee)
    Rosemont, IL

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

    ConsInconsistent 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 Senior ManagementKeep 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.

    No, I would not recommend this company to a friend

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    • Culture & Values
           
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    Personal Banker - good entry level job for a recent college graduate

    Personal Banker (Former Employee)
    Chicago, IL

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

    ConsWork-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.

    Yes, I would recommend this company to a friend

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    NIce Employer

    Anonymous Employee (Former Employee)

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

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

    Yes, I would recommend this company to a friend

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    Friendly environment with accessible senior management

    Commercial Lending (Current Employee)
    Chicago, IL

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

    ConsNot 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.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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

    Personal Banker (Former Employee)

    ProsGreat 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.

    ConsCommunication 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 Senior ManagementRotation of Branch managers.

    No, I would not recommend this company to a friend

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    2 people found this helpful  

    Hostile environment.

    Customer Service Representative (Former Employee)
    Lincolnwood, IL

    ProsIts home grown. Everyone is acquitted with each other.

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

    Advice to Senior ManagementHire more employees for peak hours. Invest more time and money in your employees.

    No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company

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    Great Chicago area bank to work for

    Mortgage Operations (Former Employee)
    Rosemont, IL

    ProsThe bank regularly holds employee appreciation events. Examples include Halloween decorating parties, floor-sponsored parties that include games geared to meeting each other, and company-paid lunches on a regular basis. Benefits are good, and upper management appears to be caring and approachable. Severance during a lay-off was good compared to other companies.

    ConsPay is not overly competitive (raises were quite small). Bank is somewhat conservative and employee pay can suffer as a result. There is not much bad to say - this is basically a good, conservative employer.

    Advice to Senior ManagementTake a longer view of the market when making employment cuts

    Yes, I would recommend this company to a friend

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    Really good company to work for.

    Anonymous Employee (Current Employee)

    ProsReally good benefits. Top 100 companies to work.

    ConsEverything is good small company to work for and easy growth opportunity.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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