Good people to work with
Good potential for initial growth
Pay could be more competitive
The benefits relative to other local community banks in the Chicagoland area are good (stock ownership, Profit Sharing, 401K match, and health benefits). The best thing about formerly working at this company is the privately held stock ownership, which I will sell when the bank gets bought out, hopefully sooner than later.
Promotions are based on "brown nosing" with management and never based on hard work and dedication. Any problems that you would like to share with your "mentor" is always shared with senior management so that individual cannot be trusted. You are always looking over your shoulder trying to figure out who is next to stab you in the back. This is a company that claims to be a "family," however, the actions of the employees are not consistent with a family with it's constant back-stabbing and dishonesty. The Credit Analyst position at this bank simply means underwriting loans and that's it. You do not meet prospects or clients, you do not participate in appraisal reviews or re-evaluations, you attend very few seminars to grow your knowledge base, and you do not visit properties held as collateral. At this bank, you are chained to your desk and asked, "what have you done for me lately?" The compensation to work at this company is far below the industry average for Credit Analysts. This is not a company that you look forward to coming to work everyday.
Advice to Management
Stop giving promotions to individuals you like the most, and instead, give the promotions to the hardest and most dedicated employees that show results. Senior Management needs to learn the importance of having high character and being honorable. Senior Management has a serious problem keeping promises and cannot be trusted, hardly a quality of a company that never hesitates to sell itself as a "family."
They treat their customers and their employees very well. Very talented and knowledgeable staff. Great benefits.
I cannot think of any cons.
Advice to Management
Keep doing what you are doing.
-Couldn't ask for a better, more experienced group of people to work around
-Positive, productive working environment
-Solid structure and values
-Some of the work is monotonous, but great clients keep job interesting
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