Monarch Community Bancorp

www.monarchcb.com
Profile Unclaimed

Monarch Community Bancorp Reviews

Updated January 23, 2015
Updated January 23, 2015
6 Reviews
2.1
6 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Monarch Community Bancorp President, CEO, and Director; President and CEO, Monarch Community Bank Richard J. DeVries
Richard J. DeVries
3 Ratings

Employee Reviews

Sort: Popular Rating Date
  1.  

    Very Good Bank

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Mortgage Banker in Greenbelt, MD
    Former Employee - Mortgage Banker in Greenbelt, MD

    I worked at Monarch Community Bancorp full-time (more than a year)

    Pros

    The support of the back office in closing loans

    Cons

    We need more processors and they need more then one person having of the information about our investors

    Advice to ManagementAdvice

    Listen more to the people on the front line seeing and talking to the people everyday.

    Recommends
    Positive Outlook
    No opinion of CEO
  2.  

    Wow what happened

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

    I worked at Monarch Community Bancorp full-time

    Pros

    Excited and proud to be employed by the great community bank I had been a customer of for so many years.

    Cons

    Layoffs of some of the hardest working most committed workers. The people that made it "the great community bank" The people that care about the customer, care about the service, and care about the bank.
    Management thinks its a good idea to sit behind a closed door, not see, talk or help customers and have meetings with other managers and discuss last weekend's events or maybe next weeks vacation days?? Really?

    Advice to ManagementAdvice

    Make the customer a priority again. Maybe answer a phone or even say hi when someone comes in. Wow. And remember sometimes people hear you and know your a manager and you don't know you have been heard. Ouch!

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  3.  

    Not a good work experience.

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

    I worked at Monarch Community Bancorp full-time

    Pros

    Very casual work environment. Casual dress code and all the M&Ms you can eat

    Cons

    Very poor middle management. Poor scheduling practices. Never knew schedule a week ahead of time. Always short handed because they could not retain staff.

    Advice to ManagementAdvice

    Management training for supervisors and middle management. Putting the right people in the right positions and losing the ones that are doing more harm than good for the company.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. 1 person found this helpful  

    Loan Servicing

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Loan Servicing in Coldwater, MI
    Former Employee - Loan Servicing in Coldwater, MI

    I worked at Monarch Community Bancorp full-time (more than 3 years)

    Pros

    Good benefits and vacation time.

    Cons

    Pay based on who you know not what you know.
    I worked there for almost 3 years and in that time there were two big sweeps of firing people just to hire new employees.
    Poor management with very little skills

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  6. 1 person found this helpful  

    friendly co-workers

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

    I have been working at Monarch Community Bancorp

    Pros

    Co-workers are friendly to one another for the most part. Time off is readily available for family functions or personal time. Facilities are nice.

    Cons

    A lot of miscommunication or conflicting information given from management. Micro-management seems to be the trend. no one person can make any kind of decision.

    Advice to ManagementAdvice

    Consistant communication would be nice. Allowing employees to make decisions in day to day transactions without having to consult with a manager would be a very good thing here.

    Doesn't Recommend
    No opinion of CEO
  7. 1 person found this helpful  

    Banking

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

    I have been working at Monarch Community Bancorp

    Pros

    It's close to where I live. My manager is very flexible.

    Cons

    No 401k match. Mandatory volunteering with no pay. Minimal pay. Treatment by management of hourly employees. No bonuses.

    Advice to ManagementAdvice

    Listen to what your employees want and need. They are the backbone of the company. Don't make decisions that only help management line their pockets.

    Doesn't Recommend
    Disapproves of CEO

Work at Monarch Community Bancorp? Share Your Experiences

Monarch Community Bancorp

 
Click to Rate
or

Your response will be removed from the review – this cannot be undone.