Cole Taylor Bank Reviews

Updated November 27, 2015
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3.5
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Mark A Hoppe
13 Ratings

20 Employee Reviews

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  1. "Mortgage Loan Processor"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Loan Processor in Philadelphia, PA
    Former Employee - Loan Processor in Philadelphia, PA
    Recommends
    Neutral Outlook

    I worked at Cole Taylor Bank full-time (More than a year)

    Pros

    Great company, great benefits and flexibility.

    Cons

    My position was terminated because the Loan Officer who I was processing for, just stopped writing loans.


  2. "Mortgage Loan Officer"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    Former Employee - Loan Originator in Chicago, IL
    Former Employee - Loan Originator in Chicago, IL

    I worked at Cole Taylor Bank (Less than a year)

    Pros

    It was a small bank, very family oriented.

    Cons

    Company was going through management transition so a that time it was hard to get loan approved and closed.


  3. "Ugh"

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

    Pros

    None bad place to work. There are no pros cronyism at its best. No room for advancement unless you were one of the chosen few and worked 70 hours a week.

    Cons

    Management needs to stop playing favorites and allow people to move up based on merit and not friendship only. Bad place

    Advice to Management

    Glad you sold. Don't run any other banks as you will continue to run your employees right out of the door. Horrible place


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  5. "Processor"

    Star Star Star Star Star
    Former Employee - Retail Loan Processor I in Suwanee, GA
    Former Employee - Retail Loan Processor I in Suwanee, GA

    I worked at Cole Taylor Bank (More than a year)

    Pros

    Good experience, user friendly software

    Cons

    Poor work environment, poor management


  6. "Good place to work"

    Star Star Star Star Star
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    This was a good place to work. Family friendly and good attention to work life balance while still being a serious place to work.

    Cons

    Sometimes didn't seem sure if it was a big company or a small company. That made some processes feel heavier than necessary, and it was sometimes hard to get centralized information about policies.

    Advice to Management

    This was a good management team. I've worked for a lot of financial institutions and management here was definitely doing something right.


  7. "No advancement"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Banker in Lombard, IL
    Former Employee - Banker in Lombard, IL
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I worked at Cole Taylor Bank full-time (Less than a year)

    Pros

    Good people, ok compensation, friendly

    Cons

    No advancement, poor scheduling, bad management


  8. "Fun and challenging"

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

    Pros

    Cole Taylor is a fun but challenging at times due to rapid changes. The atmosphere is fun and laid back. Strong executive leadership. Fairly compensated.

    Cons

    Business moving fast and changing very quickly.

    Advice to Management

    Improve communication to lower levels of management/staff.


  9. "President talked about loving all of us and then just walks out"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Business Systems Analyst in Ann Arbor, MI
    Former Employee - Business Systems Analyst in Ann Arbor, MI
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Cole Taylor Bank full-time (More than a year)

    Pros

    beer cart at the end of the day

    Cons

    manager was never around, let the clowns run the circus


  10. "Mortgage Specialist"

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

    I have been working at Cole Taylor Bank full-time (More than a year)

    Pros

    Very well run mortgage operation. Close knit-family atmosphere. Everyone is friendly and, for the most part, knowledgeable. Average-above average pay an benefits. Strong executive leadership.

    Cons

    Systems are mostly 3rd party and out of date. Business decisions at the bank level sometimes negatively impact the mortgage division even though mortgages are a major bread winner.


  11. Helpful (1)

    "Love working"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Research in Wilmington, OH
    Current Employee - Research in Wilmington, OH
    Recommends
    Positive Outlook

    I have been working at Cole Taylor Bank full-time (Less than a year)

    Pros

    Very rewarding atmosphere. Work hard and you will be appreciated and rewarded. Don't come to work at CTM if you don't expect to work hard all day, but in a fun environment. Management is very knowledgeable and sincerely believes in putting customer satisfaction as our highest priority.

    Cons

    Lots of changes happening quickly.

    Advice to Management

    Keep the "start-up" mentality!



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