Mutual of Omaha Bank

www.mutualofomahabank.com
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Mutual of Omaha Bank Reviews

Updated August 19, 2015
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2.6
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Jeffrey Schmid
10 Ratings

17 Employee Reviews

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  1. Mutual of Omaha Bank BCS

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    Pros

    The hours were good and the pay was reasonable.

    Cons

    Middle management advanced the careers of those that were close to them (i.e. family, friends etc)


  2. Helpful (1)

    Good not Great

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

    I worked at Mutual of Omaha Bank full-time (More than 3 years)

    Pros

    Decent Benefits Flexibility with hours No micro-managing Laid back executives/managers Professional & clean working environment

    Cons

    Unclear vision/future goals Confusion on constant procedure / policy changes Lots of employee changes / department transitions / layoffs Changes are temporary Lack of communication Still progressing as a new bank Insurance Company vs Bank issues Lack of technology Employees in the wrong positions and not held accountable

    Advice to Management

    Changes should be permanent for once. Mutual is far behind in the banking world of technology and manual processes need to be addressed. Unfortunately, while many employees stay I am not sure they feel "safe" in their jobs. You never know when they will decide to change management or move the office to another state.


  3. Awesome Place to Work

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Good co-workers, relaxed atmosphere, and awesome managers.

    Cons

    Only bad thing is hours varied with day light savings time.

    Advice to Management

    Keep doing what you are doing.


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Great people to work with, but horrible upper management

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Business Banker in Rancho Cucamonga, CA
    Former Employee - Business Banker in Rancho Cucamonga, CA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Co-workers, schedule, branch management, that's about it

    Cons

    Massive layoffs, disorganization as to future growth

    Advice to Management

    So many layoffs and closures that it seems as though they don't know where the company's focus should be. Perhaps growing pains, but needs a better level of communication and respect towards employees.


  6. Great location, great co-workers. Terrible, outdated policies and procedures constantly changing.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in San Diego, CA
    Former Employee - Anonymous Employee in San Diego, CA
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I worked at Mutual of Omaha Bank full-time (More than 3 years)

    Pros

    Location, my co-workers. Nice working environment. CEO very friendly.

    Cons

    Terrible insurance benefits which is ironic since the bank is owned by an insurance co. Constantly changing procedures and if you need to call and ask about a procedure, you're bound to get different answers. Needs alignment to consistency. No room at all for career advancement.

    Advice to Management

    Update your software. Old school bank needs improved technology and better communication to your branch personnel. Head office, HR, back office all out of state and needs to be more pro-active with branches.


  7. Helpful (1)

    Disorganized

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    Pros

    Office is in a nice location.

    Cons

    Unprofessional environment. Senior management is disorganized and does not address highly sensitive personnel matter. They do not value their employees.

    Advice to Management

    When you are making decisions to close a location or lay someone off; have the decency to do it in person and not have an unknown do it over the phone.


  8. Very Negative Experience

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Personal Banker
    Former Employee - Personal Banker
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Mutual of Omaha Bank full-time (Less than a year)

    Pros

    Benefits were not too bad. Very nice fellow employees that were very easy to work with on a daily basis.

    Cons

    Annual loan growth goals were very high and unattainable. Consistently written up for not reaching goals. Management likes to promote younger employees before they are truly experienced and prepared.

    Advice to Management

    Very high employee turnover rate needs to be addressed. There is obviously a reason for it. Branch location and amount of daily business also needs to be considered when setting annual goals. All employees should be given an exit interview upon resignation.


  9. Mutual of Omaha Bank is "ok". Not great, but not terrible. Decent ethics, but fuzzy long-term strategy.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Scottsdale, AZ
    Current Employee - Anonymous Employee in Scottsdale, AZ
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    I have been working at Mutual of Omaha Bank full-time (More than 5 years)

    Pros

    Most of the people I work with are friendly and pretty good at what they do. Many of our buildings/facilities are nice and well-kept.

    Cons

    There's awkwardness between the "Omaha" contingent and other locations in the east or southwest. Employees not located in Omaha are at a disadvantage in communication and exposure to decision-makers.

    Advice to Management

    The executives need to be united in their communication and approach with middle management. Changing the entire org structure every 12 - 24 months creates confusion and mistrust.


  10. A growing progressive financial services organization backed by a 100+ year old company.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Supervisor, Lending Processing in Houston, TX
    Former Employee - Supervisor, Lending Processing in Houston, TX
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Mutual of Omaha Bank full-time (More than 3 years)

    Pros

    Challenging environment, positive progressive fun culture

    Cons

    Challenging regulatory environment, competative market


  11. Career dead end.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Phoenix, AZ
    Former Employee - Anonymous Employee in Phoenix, AZ
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at Mutual of Omaha Bank full-time (More than 10 years)

    Pros

    People in the day to day trenches.

    Cons

    Lacks strategy, communication and respected leadership.

    Advice to Management

    Less top down leadership.



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