MB Financial Employee Reviews | Glassdoor

MB Financial Reviews

Updated February 18, 2017
104 reviews

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Full-time Part-time

3.3
Star Star Star Star Star
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MB Financial President, CEO, and Director Mitchell Feiger
Mitchell Feiger
59 Ratings

104 Employee Reviews

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Pros
  • They have great benefits and flexibility (in 12 reviews)

  • good benefits, people have time to do shopping online, no need a master degree or being a genius to get promoted (in 8 reviews)

Cons
  • Pay was not up to scale and there was a lack of work-life balance (in 6 reviews)

  • Since Cole Taylor merger the increase of white men in management has made it difficult to advance (in 4 reviews)

More Pros and Cons

  1. "Great environment to invest yourself long-term"

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

    I have been working at MB Financial full-time (More than a year)

    Pros

    Excellent honesty and transparency from executive management. From a company this size this is rare. Employees are clearly invested in and treated as valuable human capital. The culture is amazing if you give a crap about what you do for a living.

    Cons

    Certain aspects of their IT team are still in flux, and in some ways MB can still be a stereotypical slow-moving bank. Some folks are still stuck in the year 2000, and don't realize that blockchain has the potential to vaporize the entire industry in a generation.

    Advice to Management

    Mitch Feiger has set an incredibly high standard for other execs in terms of living out company values. I think they still have some more to learn. The attempt to move into a more Lean culture is a very interesting one, but Lean is not about only saving dollars so finance looks good. Can you achieve a culture where all employees, top to bottom, can readily identify process waste? More importantly, are they empowered and rewarded for doing so? Have you made it worth their while to bring solutions to the table? Knowing the history is key to a successful Lean implementation. Keep up the great work, but also realize how critical it is for you to lead by example. Also, make sure all managers can speak proper English. Fragmented language skills rapidly break down team cohesion and create ALOT of waste.


  2. "Excellent Program. Loved the LDP."

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

    I worked at MB Financial full-time

    Pros

    They really mean business. Great staff, and they continue to expand.

    Cons

    The bank is smaller, but if you're a huge Midwest middle market banking fan, then it's a place to check out.


  3. "Good so far"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    Current Employee - Relationship Banker
    Current Employee - Relationship Banker
    Recommends
    Approves of CEO

    Pros

    Supportive environment, customer service focused

    Cons

    Mounting pressure to make sales goals


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  5. "it is a job"

    Star Star Star Star Star
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at MB Financial full-time

    Pros

    good benefits, people have time to do shopping online, no need a master degree or being a genius to get promoted

    Cons

    They used to be more selective and put more effort when hiring, no anymore

    Advice to Management

    empower employees and listen to them


  6. "Good Job"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Treasury Management Sales Associate Manager in Chicago, IL
    Current Employee - Treasury Management Sales Associate Manager in Chicago, IL
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    employee benefits are great.

    Cons

    They don't let you work from home much.

    Advice to Management

    add diversity to senior levels


  7. "Ok place"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at MB Financial full-time

    Pros

    Some good people
    Rotational program gives exposure to various areas

    Cons

    Management doesn't really have a plan for the future. Cut some of the fat and technology is lacking substantially

    Advice to Management

    Invest in the future- strong people and much better technologies


  8. "Mb sucks for emp get rid of ctb mgnt"

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

    I have been working at MB Financial full-time (More than 10 years)

    Pros

    Only benefits nothing else

    Cons

    No pay, too much stress, evil ex ctb mgnt, talk down to you, hr doesn't care, doesn't hire within only college grads they want. No respect talk to you like a dog.have favorites and if your not everything is wrong with you and not them.

    Advice to Management

    Get rid of all ex ctb mgnt. They are all of cause of stress they are from boa and see what they did to boa. Re train mgnt how to talk to people not like dogs.


  9. "MB Financial"

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

    Pros

    Decent culture with average benefits

    Cons

    This bank is big on pointless meetings.


  10. "CBO"

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

    Pros

    Easy to get a job and keep it

    Cons

    Not challenging and no financial incentive


  11. "Intern"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Commercial Credit Analyst in Chicago, IL
    Former Employee - Commercial Credit Analyst in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    -Received good experience
    -Exposure to high up executives
    -Good networking

    Cons

    -Lower pay than other companies offering in the business



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