MB Financial Reviews

Updated July 4, 2015
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3.4
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Approve of CEO
MB Financial President, CEO, and Director Mitchell Feiger
Mitchell Feiger
36 Ratings

Pros
  • great benefits, above and beyond most employers (in 6 reviews)

  • Management was easily approachable, and the work-life balance was promoted all around (in 3 reviews)

Cons
  • All the management team is connected inside (in 4 reviews)

More Pros and Cons

58 Employee Reviews

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  1. job

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at MB Financial

    Pros

    good company to work at

    Cons

    none that i can think of


  2. BI Architect

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

    I have been working at MB Financial

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

    Pros

    Stable company, great location, green field for growth

    Cons

    Small company, over worked and underpaid, no vision

    Advice to Management

    Work together with your people to find the best fit for everyone.


  3. PERSONAL BANKER

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

    I have been working at MB Financial

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

    Pros

    THE BENEFITS ARE AMAZING!!! THE TRAINING IS TOP NOTCH AND THE COMPANY WORK/LIFE BALANCE IS REALLY GREAT. I HAVE AWESOME COWORKERS AND THE COMPANY GIVES EMPLOYEES TO REALLY CONTRIBUTE TO THE COMMUNITY IN VARIOUS OUTREACH PROGRAMS OR SUPPORT THE NONPROFIT ORGANIZATIONS THE EMPLOYEES ARE INVOLVED WITH.

    Cons

    MB has a major diversity problem. The Senior Managment is comprised of mainly men.
    It is very difficult for women and minorities to advance in their career. The LDP program (management trainee) is basically 90% white. The only African American managers you will find are in south suburban locations and still its only like one out of 90 branches. The pay is lower than other banks. If you think you are going to get promoted and you are not a white man than you will be greatly disappointed.

    Advice to Management

    Start a development committee for Women, African Americans, Latinos, Asians and LGBQT groups in order to ensure that new qualified candidates are selected from each group to represent the diverse make up of the city.
    The management trainee program should be diverse as well.

    Please STOP pairing veteran bankers with young managers that don't know anything or have leadership skills. I currently have a manager that lacks leadership skill, software knowledge and second guesses their decisions all the time. The real managers are the veteran staff members that make 20k less a year!!!

    DIVERSIFICATION IS THE KEY!!!!


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  5. Account Executive

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

    I worked at MB Financial full-time

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

    Pros

    Positive growth and potential for great income.

    Cons

    Management is very caught up in corporate profits and forgot what made them successful.

    Advice to Management

    Management should listen to the sales staff closer if they want to retain talent.


  6. Customer Service Manager & Billing Specialist

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Customer Service Manager & Banking Specialist II in South Holland, IL
    Former Employee - Customer Service Manager & Banking Specialist II in South Holland, IL

    I worked at MB Financial (More than a year)

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

    Pros

    Great company, training, benefits and support

    Cons

    No cons, a lot of good times

    Advice to Management

    Continue to engage with the employees


  7. Great Corporate Culture

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

    I have been working at MB Financial full-time

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

    Pros

    The people are friendly, the LDP staff are knowledgeable, and the opportunities are wide open for you.

    Cons

    Focus in the program is heavily weighted towards the commercial LDPs. They're "the stars" of the show usually.

    Advice to Management

    Just do a little more to make retail and operations LDPs feel more important to the company, and like they have some sort of choice in their path. I know Operations LDPs hardly ever rotated at all until recently.


  8. Great place to start out

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

    I have been working at MB Financial full-time

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

    Pros

    Great place to gain valuable experience, generally friendly co-workers. Benefits are average to perhaps slightly above average. Somewhat flexible work schedules are common.

    Cons

    Pay is well below average, inter-departmental office politics and cliques make advancement difficult. Hard work is rarely rewarded. Location not the greatest, but this is all relative of course. Talented employees tend to leave due to a lack of reward for their hard work.

    Advice to Management

    Please consider paying your employees something closer to the average salaries for their positions. The benefits package is okay, but it's not enough to compensate for it.


  9. It is a good bank with great values

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

    I worked at MB Financial

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

    Pros

    Benefits, people, style, raises, promotion potential

    Cons

    I didn't have any cons


  10. Management

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at MB Financial

    Pros

    CEO of holding company has extremely high level of business and personal integrity.

    Cons

    Post merger culture in process of evolving.

    Advice to Management

    See above.


  11. Friendly atmosphere.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Customer Service in Ann Arbor, MI
    Current Employee - Customer Service in Ann Arbor, MI

    I have been working at MB Financial full-time (More than 3 years)

    Recommends
    Recommends

    Pros

    Great company to work for.

    Cons

    Salary raises are very small.



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