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First Midwest Bank

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The Bank That Used to Care. - Client Support First Midwest Bank Employee Review

2.0
Feb 12, 2018
Recommend
CEO approval
Business Outlook

Pros

Swanky new digs, I hear. They pay well, and mgmt has been generous with bonuses...in the past. They say all the right things...

Cons

But their growth goals exceed the grasp of their constantly revolving management staff and they chew through people. FMB was once a place you worked for till you retired, front office or back. Then Mike Scudder came in with the stated goal of "boosting the share price." Those were the first words out of his mouth. The he promptly fired all the Small Business Bankers. A lot of those people had a lot of years, and contacts, and they just waltzed out the door. Now there's a constant stream of people, and their collective knowledge, walking out the door in banker's boxes. Departments changing locations, merging, each of you hoping the other one knows what she's doing. Ancient technology. DOS? Seriously? Because you won't pay for the Window's version? FMB is no no longer the nice, small town bank (with 100 branches) where people looked forward to going to work. FMB bought it's way into the City to play with the big boys , and promptly picked up all their bad habits along the way. Goals! Metrics! Growth! More products! More Fee Income! My last manager's favorite quote was "it's not your fault, but it is your problem" which was not just degrading, insensitive, and infuriating, but make me feel like I was constantly cleaning up after other people's messes, because I was the "reliable" one. His other favorite phrase was "don't come to me with a problem, come to me with a solution. B, if I had a solution, we wouldn't be having this conversation, now would we? I'm gone. Only 1 of the 5 people I worked with is still there 5 years later. He got rousted in one of our bi-annual corporate "reorganizations." Neither of us is missed

Explore other reviews about First Midwest Bank

5.0
Feb 26, 2025
Recommend
CEO approval
Business Outlook

Pros

Good Work Life Balance Mostly

Cons

The company was bought out by Old National

5.0
Feb 11, 2025
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Support from management and coworkers, Teamwork, Promotions, Compensation

Cons

Lots of requirements to move up, professinal development

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