Mercantile Bank

www.mercbank.com
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Mercantile Bank Reviews

Updated February 23, 2015
Updated February 23, 2015
7 Reviews
3.7
7 Reviews
Rating Trends

Recommend to a friend
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Mercantile Bank Chairman, President, and CEO; Chairman and CEO, Mercantile Bank of Michigan Michael H. Price
Michael H. Price
3 Ratings

Employee Reviews

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  1.  

    Great experience working here, great way to start out your career.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Commercial Credit Analyst in Grand Rapids, MI
    Former Employee - Commercial Credit Analyst in Grand Rapids, MI

    I worked at Mercantile Bank full-time (more than a year)

    Pros

    The people at Mercantile are great. Overall very positive environment, a lot of involvement with community, a lot of encouragement to be involved in other groups, volunteer, etc. Also, you have a lot of visibility into how the company is run, the vision, etc., which is great. Great benefits, time off, etc. They will invest highly in training you.

    Cons

    Given that it is a smaller bank, there are not a lot of opportunities for promotion, advancement. The work load can be demanding at times, high expectations.

    Advice to ManagementAdvice

    The importance of mid level management is key to morale and overall happiness of employees.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Good first job. Thorough training. Large turnover.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Commercial Credit Analyst in Lansing, MI
    Current Employee - Commercial Credit Analyst in Lansing, MI

    I have been working at Mercantile Bank

    Pros

    Structured company. Fun company. If you enjoy banking it is a good place to get your feet wet.

    Cons

    Not the best pay. Little room for growth after you hit senior analyst. Drives a quick turnover.

    Advice to ManagementAdvice

    Somehow incorporate a junior lending office role. Too many senior analysts. Increase in pay would also benefit people staying.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  3.  

    Fair work/life balance

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Operations in Grand Rapids, MI
    Current Employee - Operations in Grand Rapids, MI

    I have been working at Mercantile Bank full-time (more than 5 years)

    Pros

    flexible scheduling, fair pay, generous benefits, is very active in community activities and encourages staff and rewards charitable giving and time.

    Cons

    no room to move up. small mistakes equal large consequences. work often becomes routine. lots of politicking, and often a "click" like atmosphere.

    Recommends
    Positive Outlook
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  5.  

    Great starting job out of college.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Commercial Credit Analyst in Grand Rapids, MI
    Current Employee - Commercial Credit Analyst in Grand Rapids, MI

    I have been working at Mercantile Bank full-time (more than a year)

    Pros

    Get a chance to learn about all industries and get an inside view of various companies financials. Great starting job out of college.

    Cons

    The department works well together however communication and teamwork with the lenders some times lacks.

    Advice to ManagementAdvice

    N/A

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    A so so company with progressive middle management. Senior management still needs to get a clue.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Branch Manager in Orlando, FL
    Former Employee - Branch Manager in Orlando, FL

    I worked at Mercantile Bank

    Pros

    Overall a so so experience. They are getting the community bank feel, but still have lots of work to do.

    Cons

    Senior management needs to catch up with the times. A very reactive approach vs. being proactive and ahead of the curve.

    Advice to ManagementAdvice

    Listen to you team. They are on the front lines. Ask for feedback about ideas and strageties.

    Doesn't Recommend
    No opinion of CEO
  7.  

    4 years 5 months In Foreign Trade

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Loan Officer in Dhaka (Bangladesh)
    Current Employee - Loan Officer in Dhaka (Bangladesh)

    I have been working at Mercantile Bank full-time (more than 3 years)

    Pros

    foreign trade as like foreign document frowning, acceptance, proposal of loan & loan deaves

    Cons

    Marking for deposit in collection of bank

    Advice to ManagementAdvice

    Good Behivear , Freidly Corporate in Working Place

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    It was an amazing experience.

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

    I worked at Mercantile Bank

    Pros

    The work environment is very friendly.

    Cons

    Due to lack of strictness the employees are a bit slow.
    The bank is falling behind in the field of IT.

    Advice to ManagementAdvice

    The management should concentrate on improving the IT department.

    Recommends
    No opinion of CEO

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