Working at Mutual of Omaha Bank | Glassdoor

Mutual of Omaha Bank Overview

Omaha, NE
501 to 1000 employees
Company - Private
Investment Banking & Asset Management
$100 to $500 million (USD) per year
At Mutual of Omaha Bank, we've taken the strength and tradition of a leading insurance company and translated it into a customer-focused community bank.

What does that look like? For starters, the foundation of our bank is built around ... Read more

Mission: Mutual of Omaha Bank will continue to build a corporate culture that respects and values the unique strengths and cultural differences of our employees, clients and the community.

Mutual of Omaha Bank – Why Work For Us?

What's In a Name?

Mutual of Omaha Bank.

We’re a strong, stable bank with a proud family tree. And we’d love to introduce ourselves.

Bank On Your Terms

We serve individuals, families and businesses from coast-to-coast. People like you. Our priority is to offer competitive products and easy-to-manage accounts. So you can bank on your terms.

100 Years (and Counting)

More to the point, millions of families across the country know Mutual of Omaha as a highly-rated provider of insurance and financial services…since 1909. Mutual of Omaha Bank is driven by the same core values as our parent company. Strength. Stability. Service. It’s in our DNA.

Safe, Sound and Profitable Growth

Best of all, you’ll have peace of mind at Mutual of Omaha Bank. Our financial foundation is solid. We have a strong capital base, making us a safe and stable banking partner.


Help Us Grow

Mutual of Omaha Bank is one of the fastest growing banks in the nation and we’re looking for talented individuals to help us grow. If you’d like to work for a solid, strong and dynamic bank, look no further.

If you want to work in an environment that supports creative thinking and empowers its employees, while holding them accountable, then this is the company for you.


Mutual of Omaha Bank knows you’re looking for more than just a salary when you choose a company. That’s why our company committed to providing a comprehensive, flexible benefits program that meets your needs.

Mutual of Omaha Bank Core Benefits

Insurance Coverage
As you would expect from one of the nation’s leading insurance and financial institutions, Mutual of Omaha Bank offers a comprehensive selection of life, medical, dental, vision and other insurance plans to employees. To be eligible for benefits, regular full-time and part-time employees must be scheduled to work 30 or more hours per week. Employees become eligible for benefits the first day of the month following 14 days of continuous employment. 

• Medical – covers most hospital and physician services, including a prescription drug plan. Two medical deductible options are available so you can choose the plan that best fits your needs. Temporary employees are eligible for medical benefits if scheduled to work 30 or more hours per week

• Dental – covers preventive care, basic services, major procedures and orthodontics

• Vision care – covers eye exams, frames and lenses for low copayments

• Disability – you are automatically covered, at no cost, with a basic level of disability coverage and you have the option to purchase more

• Life insurance – you automatically receive a basic amount of life insurance, equal to your annual benefit salary, at no cost to you and you have theoption to purchase more. You can also purchase varying amounts of life insurance for your spouse and eligible children

Flexible Spending Accounts
With these accounts you can pay for certain expenseswith pre-tax income. This year, you can set aside up to $2,500 before taxes for medical expenses and another $5,000 for child care.

Mutual of Omaha Bank 401(k) Plan
Mutual of Omaha Bank will match your contributions dollar-for-dollar, up to the first 6 percent of your pay. This matching contribution is immediately vested. Along with a match, Mutual of Omaha Bank will also contribute an additional
2 percent of your pay, regardless of your participation, in an effort to help better build your retirement savings. This means that you have an opportunity to
receive 8 percent of your pay from Mutual of Omaha Bank for your retirement. For the additional 2 percent contribution, you will receive one year of vesting
service for each year of employment and become 100 percent vested after three years.

Additional Benefits from
Mutual of Omaha Bank

In addition to our core benefits, Mutual of Omaha Bank also provides an outstanding
line-up of additional benefits designed to support both your work life and personal life.

Paid Time Off
Ten paid holidays, vacation based on years of service with accrual starting on your benefits effective date and five days of personal time granted each year.

Health Services – attain and maintain your optimum level of health with the assistance of our nursing staff, including:

  • Maternity Program – case management consultation for all expectant mothers

  • Ergonomics – designed to develop safe and productive work environments by promoting proper posture and positioning/use of equipment

Tuition Reimbursement – continue your education with assistance from Mutual of Omaha Bank. We will reimburse up to 100 percent of eligible tuition costs with a maximum limit of $300 per credit hour, up to an annual maximum of $5,250 for regular full-time and part-time employees scheduled to work 30 or more hours per week and $3,600 per calendar year for regular full-time and part-time employees scheduled to work between 20 and 30 hours per week.

Paid Time Off

  • Holidays – Bank follows the Federal Reserve calendar for holidays

  • Vacation – the amount of vacation granted is based on years of service. New employees will receive eight hours of vacation on their date of hire and will begin to accrue vacation on their benefits effective date. Total vacation
    in the first year is pro-rated based on start date and is accrued on each pay date (twice a month)

  • Personal Time – regular full-time and part-timeemployees scheduled to work 30 hours or more per week with three months of service or more are granted five days of personal time each year. Total personal time in the first year is pro-rated based on start date and is accrued each pay date (twice a month). Five personal days, which do not carryover from year-to-year, are granted at the beginning of each calendar year

  • Parental Leave – provides up to 40 hours per calendar year per maternity/adoption occurrence for eligible employees with one full year of continuous employment as a regular employee and scheduled to work 30 or more hours per week

  • Short-Term Disability Plan – provides 70 percent of an employee’s base pay after a five-day waiting period and one full year of continuous employment scheduled to work 30 or more hours per week

Employee Assistance Program – make use of this free resource to enlist confidential, professional support for personal or work related problems.
Certified EAP professionals may be reached 24 hours a day, seven days a week.

Bank – Mutual of Omaha Bank offers numerous conveniences and top-notch service. Plus, as an employee you have access to added benefits including
preferred interest rates on money market accounts and certificates of deposit as well as home equity loans and lines of credit

Diversity & Inclusion

Mutual of Omaha has a long-standing commitment to diversity and inclusion, and believe that our success is directly related to our talented and engaged workforce. Our company made it a priority to recruit top-notch employees from all backgrounds and walks-of-life who reflect the diversity of the clients and communities we serve. Mutual of Omaha Bank is also committed to creating a culture where every person feels included, valued and empowered.

Our Commitment

Mutual of Omaha Bank will continue to build a corporate culture that respects and values the unique strengths and cultural differences of our employees, clients and the community.

Our Strategy

To help build a corporate culture that respects and values the unique strengths and cultural differences of our employees, clients and the community, Mutual of Omaha Bank has established five key objectives:

Impacting Our Workforce – Mutual of Omaha Bank will recruit, hire, develop and retain a diverse workforce.

Impacting Our Corporate Culture – Mutual of Omaha Bank will provide an environment that enables employees, to do their best work, free from harassment or discrimination.

Impacting the Community – Mutual of Omaha Bank will support community programs that encourage inclusion, equality and fair treatment.

Impacting Suppliers – Mutual of Omaha Bank will utilize the products and services of minority and women-owned vendors.

Impacting Clients – Mutual of Omaha Bank will recognize the diverse needs and backgrounds of our clients and do business in a way that is comfortable and welcoming to them.

Mutual of Omaha Bank Reviews

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Recommend to a friend
Approve of CEO
Mutual of Omaha Bank Chairman and CEO Jeffrey Schmid
Jeffrey Schmid
24 Ratings
  • "Huge growth potential for this institution"

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Positive Outlook
    Approves of CEO

    I have been working at Mutual of Omaha Bank full-time


    The organization has developed a strong infrastructure by hiring talented individuals and investing heavily in customer-facing technology. The bank is well-positioned to compete against much larger banks so long as it continues to emphasize a relationship-driven approach to customer engagement.


    The bank is still very new and is not a known commodity in most parts of the country; however, the strong brand recognition of the parent company somewhat mitigates this.

    Advice to Management

    Please continue to invest in the people and technology of the company. Focusing on how we can provide our clients with value beyond a set of products will take us to the next level!

See All 47 Reviews

Mutual of Omaha Bank Photos

Mutual of Omaha Bank photo of: This gigantic sign stretching 12 feet in diameter is going up on the Landmark Building in downtown Omaha. It’s where the new Mutual of Omaha Bank Executive Offices and Private Wealth Group will be.
Mutual of Omaha Bank photo of: Our Employees in Action
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Mutual of Omaha Bank Interviews



Getting an Interview

Getting an Interview





    Marketing Interview

    Anonymous Employee in Omaha, NE
    Accepted Offer
    Positive Experience
    Average Interview


    I applied online. The process took 4 weeks. I interviewed at Mutual of Omaha Bank (Omaha, NE) in December 2016.


    Very short phone interview by HR. Found I was no longer interested in position after this brief conversation. Not many questions were asked of me regarding my skills, it was very much a screen out call.

    Interview Questions

    • Why do I want to move there?   1 Answer
See All 7 Interviews

Mutual of Omaha Bank Awards & Accolades

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