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MB Financial Overview

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Chicago, IL
1001 to 5000 employees
2001
Company - Public (MBFI)
Finance
$500 million to $1 billion (USD) per year
Unknown
The "MB" in MB Financial doesn't stand for "Midsized Businesses," though that's its target market. The holding company owns MB Financial Bank, which has about 90 branches in the ... Read more

MB Financial Reviews

3.1
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MB Financial President, CEO, and Director Mitchell Feiger
Mitchell Feiger
57 Ratings
  • "Great environment to invest yourself long-term"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Rosemont, IL
    Current Employee - Anonymous Employee in Rosemont, IL
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at MB Financial full-time (More than a year)

    Pros

    Excellent honesty and transparency from executive management. From a company this size this is rare. Employees are clearly invested in and treated as valuable human capital. The culture is amazing if you give a crap about what you do for a living.

    Cons

    Certain aspects of their IT team are still in flux, and in some ways MB can still be a stereotypical slow-moving bank. Some folks are still stuck in the year 2000, and don't realize that blockchain has the potential to vaporize the entire industry in a generation.

    Advice to Management

    Mitch Feiger has set an incredibly high standard for other execs in terms of living out company values. I think they still have some more to learn. The attempt to move into a more Lean culture is a very interesting one, but Lean is not about only saving dollars so finance looks good. Can you achieve a culture where all employees, top to bottom, can readily identify process waste? More importantly, are they empowered and rewarded for doing so? Have you made it worth their while to bring solutions to the table? Knowing the history is key to a successful Lean implementation. Keep up the great work, but also realize how critical it is for you to lead by example. Also, make sure all managers can speak proper English. Fragmented language skills rapidly break down team cohesion and create ALOT of waste.

See All 112 Reviews

MB Financial Interviews

Interview Experience

Interview Experience
45%
35%
20%

Getting an Interview

Getting an Interview
35%
35%
15%
12
2

Interview Difficulty

2.5
Average

Interview Difficulty

Hard

Average

Easy
  1.  

    Credit Analyst - LDP Interview

    Anonymous Interview Candidate in Chicago, IL
    No Offer
    Neutral Experience
    Easy Interview

    Application

    I applied through college or university. The process took a week. I interviewed at MB Financial (Chicago, IL) in November 2016.

    Interview

    On campus interview, just asked me to explain my resume and talk through it. Had basic questions about my experiences in past jobs and education. Just interviewed with one leader for the leadership program. Felt that it went okay, but heard back a week later through email that they had went with other candidates.

    Interview Questions

See All 43 Interviews

MB Financial Awards & Accolades

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