BankFinancial Reviews | Glassdoor

BankFinancial Reviews

Updated December 20, 2017
17 reviews

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2.2
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F. Morgan Gasior
8 Ratings

17 Employee Reviews

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  1. "Teller"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at BankFinancial full-time

    Pros

    Nice people to work with.

    Cons

    Pay can be better.

    Advice to Management

    Coach/talk to staff directly. Talking about other employees to other employees only creates more problems and makes for an unprofessional and unpleasant work environment.


  2. "Banker"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Client Service Representative in Joliet, IL
    Current Employee - Senior Client Service Representative in Joliet, IL

    I have been working at BankFinancial full-time (More than 3 years)

    Pros

    Wonderful people , love the work culture. Sales pressure ok , good customers .

    Cons

    Less salary , don’t give much compared to other banks

  3. "What a mess!"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at BankFinancial full-time (More than a year)

    Pros

    As an organization there are none.

    Cons

    To many to list.

    Advice to Management

    I don't want to take the time because no one listens.


  4. Helpful (2)

    "Stay away for any job other than part time!"

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

    I worked at BankFinancial full-time (More than 5 years)

    Pros

    May be okay for a temporary or part-time job.

    Cons

    Not a good choice for a career! Salaries are capped, once you get there, you will never see a raise again. Healthcare costs for employees are ridiculously high. No annual review/ merit increase process in place. Full time employees are being let go and replaced with part time. High attrition rate, very low morale.

    Advice to Management

    Maybe you should start caring about your employees


  5. Helpful (1)

    "Great for getting foot in door. Not for continued growth."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Sales
    Former Employee - Sales
    Recommends
    Positive Outlook
    Disapproves of CEO

    I worked at BankFinancial full-time (More than a year)

    Pros

    Community involvement
    Colleagues are great
    Very impressive training program
    Account types offered are competitive to most
    Big name banks. Employee benefits are competitive.

    Cons

    Not ideal for long term placement.
    Unhealthy pressure to meet cross sales.
    Not enough marketing being implemented
    Lacking in the technology department to keep pace with
    The continued evolution of banking.

    Advice to Management

    Take special care to all your frontline staff. They are the reasons why you will either succeed or fail in your proposed business model.


  6. "Teller 2"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at BankFinancial part-time

    Pros

    Great team
    Great atmosphere
    Great job

    Cons

    None that i can think of


  7. "Good employees not valued"

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

    I worked at BankFinancial full-time (More than 8 years)

    Pros

    Good work/life balance
    Health benefits not outrageous

    Cons

    No reward for good performance. In fact, performance reviews were eliminated over 5 years ago.
    Hyper focus on compensation line means not much chance of decent raise/bonus
    Outdated systems and resistance to change
    Employee morale low
    Zero chance of advancement

    Advice to Management

    Not all employees are created equal. Identify good employees and do what it takes to keep them.

  8. "Banker"

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

    I have been working at BankFinancial full-time (More than 5 years)

    Pros

    Customers are longtime customers in area

    Cons

    Incentive program keeps changing and not fair


  9. Helpful (2)

    "If you are interested in growing your career in the long-run, look elsewhere."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Credit Analyst in Burr Ridge, IL
    Former Employee - Credit Analyst in Burr Ridge, IL
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Paychecks cleared. Good work-life balance. Easy job responsibilities.

    Cons

    Nothing gets done without the ultimate approval of the CEO. Upper management is afraid of change doesn't trust decision making capabilities of anyone without a 'Senior' or 'Chief' job title. This bottlenecks every aspect of work flow and hinders broader initiatives for growth\internal improvement due to lack of time. If you come into this company looking for career growth\promotion\internal job advancement you will be disappointed.

    Lack of employee engagement: show up at 9 leave at 5; cash paycheck every 2 weeks. This is the mentality of most employees. No efforts are made to improve antiquated and inefficient business processes, due fear of change and the aforementioned decision making centralization. Any initiative is a waste of time here. No company culture or values to speak. For a $1.5B bank, it is still run like a singe branch community S&L. The upside to this is a great work\life balance. But again at the cost of employee engagement\advancement.

    Advice to Management

    Delegate decision making to middle management or bring in business analysts to improve internal workflow. Don't accept status-quo. America is a market based economy. Its sink or swim. Organizations must constantly strive to improve or get eaten by the competition. The survival of the fittest adage applies here.


  10. Helpful (1)

    "none"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Cusrtomer Service Representative
    Current Employee - Cusrtomer Service Representative
    Recommends
    Neutral Outlook

    Pros

    The co-workers are friendly and polite

    Cons

    not enough raise it is less then a quarter should give at least more then $2 raise

    Advice to Management

    need to give a reasonable amount of a raise


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