Monarch Community Bancorp Reviews | Glassdoor

Monarch Community Bancorp Reviews

8 reviews

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2.3
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Monarch Community Bancorp President, CEO, and Director; President and CEO, Monarch Community Bank Richard J. DeVries
Richard J. DeVries
3 Ratings

Employee Reviews

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  1. "Positive experience"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Monarch Community Bancorp full-time

    Pros

    Pleasant environment in which to work

    Cons

    A lot of show and no go.


  2. "Be aware of certain problems/issues!!"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Many wonderful people worked at this bank. The benefit package was acceptable, although 401k match disappeared while I was employed there. The facility is nice and well-kept.

    Cons

    Management was slow to react to issues affecting employees. Employees felt undervalued if not in a management position.

    Advice to Management

    Appreciate and listen to your employees, not just management!! Attempt to become more competitive with wage and compensation packages for employees.

  3. "Wow what happened"

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

    I worked at Monarch Community Bancorp full-time

    Pros

    Excited and proud to be employed by the great community bank I had been a customer of for so many years.

    Cons

    Layoffs of some of the hardest working most committed workers. The people that made it "the great community bank" The people that care about the customer, care about the service, and care about the bank.
    Management thinks its a good idea to sit behind a closed door, not see, talk or help customers and have meetings with other managers and discuss last weekend's events or maybe next weeks vacation days?? Really?

    Advice to Management

    Make the customer a priority again. Maybe answer a phone or even say hi when someone comes in. Wow. And remember sometimes people hear you and know your a manager and you don't know you have been heard. Ouch!


  4. "Very Good Bank"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Mortgage Banker in Greenbelt, MD
    Former Employee - Mortgage Banker in Greenbelt, MD
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Monarch Community Bancorp full-time (More than a year)

    Pros

    The support of the back office in closing loans

    Cons

    We need more processors and they need more then one person having of the information about our investors

    Advice to Management

    Listen more to the people on the front line seeing and talking to the people everyday.


  5. "Not a good work experience."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Teller in Coldwater, MI
    Former Employee - Teller in Coldwater, MI
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I worked at Monarch Community Bancorp full-time

    Pros

    Very casual work environment. Casual dress code and all the M&Ms you can eat

    Cons

    Very poor middle management. Poor scheduling practices. Never knew schedule a week ahead of time. Always short handed because they could not retain staff.

    Advice to Management

    Management training for supervisors and middle management. Putting the right people in the right positions and losing the ones that are doing more harm than good for the company.


  6. Helpful (1)

    "Loan Servicing"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Loan Servicing in Coldwater, MI
    Former Employee - Loan Servicing in Coldwater, MI
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Monarch Community Bancorp full-time (More than 3 years)

    Pros

    Good benefits and vacation time.

    Cons

    Pay based on who you know not what you know.
    I worked there for almost 3 years and in that time there were two big sweeps of firing people just to hire new employees.
    Poor management with very little skills


  7. Helpful (1)

    "friendly co-workers"

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

    Pros

    Co-workers are friendly to one another for the most part. Time off is readily available for family functions or personal time. Facilities are nice.

    Cons

    A lot of miscommunication or conflicting information given from management. Micro-management seems to be the trend. no one person can make any kind of decision.

    Advice to Management

    Consistant communication would be nice. Allowing employees to make decisions in day to day transactions without having to consult with a manager would be a very good thing here.

  8. Helpful (1)

    "Banking"

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

    Pros

    It's close to where I live. My manager is very flexible.

    Cons

    No 401k match. Mandatory volunteering with no pay. Minimal pay. Treatment by management of hourly employees. No bonuses.

    Advice to Management

    Listen to what your employees want and need. They are the backbone of the company. Don't make decisions that only help management line their pockets.