MutualBank

www.bankwithmutual.com
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MutualBank Reviews

Updated December 2, 2014
Updated December 2, 2014
9 Reviews
3.8
9 Reviews
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Recommend to a friend
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David W. Heeter
6 Ratings

Employee Reviews

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  1.  

    Intern Review

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Intern - Intern in Muncie, IN
    Former Intern - Intern in Muncie, IN

    I worked at MutualBank as an intern (less than a year)

    Pros

    Strong leadership, ever-developing work, very friendly people, good reputation among the community, flexible work hours, friendly co-workers, good snacks, management is "down-to-Earth"

    Cons

    Slight lack of culture, some down-time between work projects can leave you wondering what to do, boring decor, lack of activities, slightly political when it comes to holding jobs and promotions, it doesn't seem like every employee is paid what they deserve nor recognized for their good work.

    Advice to ManagementAdvice

    Have more activities among departments, update the rest of the headquarters, pay and promote those who deserve, weed out unnecessary management positions

    Recommends
    Neutral Outlook
    Approves of CEO
  2.  

    Good job with some hidden negatives

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Float Teller (Senior) in Muncie, IN
    Former Employee - Float Teller (Senior) in Muncie, IN

    I worked at MutualBank full-time (more than 5 years)

    Pros

    Absolutely wonderful customers, enjoyed the coworkers immensely. Appropriate growth for younger employees, flexible schedule in certain positions. Well organized training sessions - easily outlined position responsibilities.

    Cons

    While the responsibilities for positions were easily outlined - many times they were not the extent of duties required of the employee, often times with no additional pay or any raise at all. Did not feel appreciated as an employee by several members of the VP and Management teams. Often overlooked for promotions and opportunities due to the "hands" of management getting involved where they were not needed, and often due to favoritism.

    Advice to ManagementAdvice

    Appreciate your loyal employees more, provide adequate raises when warranted, and promote those that show promise and consistency, not those that are "favorites" and ushered in.

    Recommends
    Neutral Outlook
    Approves of CEO
  3.  

    Horrible pay

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

    I worked at MutualBank full-time (more than 5 years)

    Pros

    Decent amount of vacation time, flexible scheduling

    Cons

    You don't get paid enough to bother. You tend to work the jobs of multiple people for minimal pay. Advancements are hard to come by because of blatant favoritism. Work life balance is horrible. VERY stressful environment.

    Advice to ManagementAdvice

    Treat your employees fairly and pay them enough to live on.

    Doesn't Recommend
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  5.  

    Not a supportive workplace

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

    I worked at MutualBank full-time (more than 3 years)

    Pros

    Benefits good
    Corporation has good core values

    Cons

    Management and workers are not always on the same page. Salary is not even with competition. Everyone seems to be very stressed which creates a poor working environment.

    Advice to ManagementAdvice

    You need to have a better feel for all of your departments.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  6.  

    An ok place to work for an ok amount of pay.

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

    I worked at MutualBank full-time (more than 3 years)

    Pros

    Schedules are always set ahead of time. Easy to ask for specific days off. Know what is expected every day.

    Cons

    Employees get bored. No where to move up. Raises stop after a few trainings. Raises are low and not motivating. Management in each branch have power trip issues. Management doesn't abide by same rules as tellers. Lowest paying bank teller position in the area. Most other banks in the area start out at $11/hour or more for teller positions.

    Advice to ManagementAdvice

    If you want more from your employees, you need to do the same. Lead by example.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  7.  

    Great place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    Current Employee - Vice President in Mishawaka, IN
    Current Employee - Vice President in Mishawaka, IN

    I have been working at MutualBank full-time (more than 10 years)

    Pros

    -Family friendly culture
    -Paid time off to go to doctor and dentist (incluing for your child or parent)
    -4% match on 401k
    -Funding of HSA for employees
    -Cover more than 1/2 of medical insurance premium
    -Incentive compensation for all employees

    Cons

    -Sometimes have difficulty letting long-time employees go even if poor performance warrants termination
    -Because of size, approx 420 employees, company is not a trendsetter but does attempt to follow trend leaders. If a potential employee needs that kind of environment, it won't be found here.

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    Very excellent employer.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Mortgage Clerical in Muncie, IN
    Former Employee - Mortgage Clerical in Muncie, IN

    I worked at MutualBank full-time (more than 3 years)

    Pros

    Good work environment. Good benefits.

    Cons

    Basically, I cannot name any real negatives.

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Great place to further experience and great organizational culture.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Audit Assistant in Muncie, IN
    Current Employee - Audit Assistant in Muncie, IN

    I have been working at MutualBank part-time (less than a year)

    Pros

    Great work/life balance and great management.

    Cons

    Not as much room for advancement as I would like.

  10.  

    Great and caring Company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Teller in Granger, IN
    Current Employee - Senior Teller in Granger, IN

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

    Pros

    The people that work her are great! They've been like my family for the last 5 years. They don't want you to push their products and services down customers throats, which makes it easier to do our job and to really know what to recommend to our customers to help them out.

    Cons

    I think that the pay could be a little better and also I don't believe their promotions are very fair. As soon as they have in mind who exactly they want, they don't take anyone else into consideration. At least with some managers.

    Advice to ManagementAdvice

    Really look at your employees accomplishments before promoting. It seems as if people get promoted just because they are friends of the managers.

    Recommends
    Positive Outlook

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