First Midwest Bancorp
2.8 of 5 22 reviews
www.firstmidwest.com Itasca, IL 1000 to 5000 Employees

First Midwest Bancorp Reviews

Updated Mar 22, 2014

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2.8 22 reviews

                             

67% Approve of the CEO

First Midwest Bancorp President, CEO, and Director Michael L. Scudder

Michael L. Scudder

(12 ratings)

61% of employees recommend this company to a friend
22 Employee Reviews
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This was the worst experience of my career

Learning Coordinator (Current Employee)
Itasca, IL (US)

I have been working at First Midwest Bancorp full-time for more than 5 years

ProsThere are no pros. This company is not going to be around very long

ConsPeople are treated poorly. Management is allowed to be hostile and belittle employees and this behavior is supported by senior leaders.

Advice to Senior ManagementNo matter how much leader trainging you offer, if leaders are still allowed to belittle and yell, and mis treat their staff, then your company will fail. Look at your legacy employees, they are ruining your company. You keep promoted them and they don't have a clue what they are doing. Treat minorities with respect. Don't have a diversity program if people don't have to treat minorities with respect

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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1 person found this helpful  

The Toyota of Chicago banks - dependable, excellent value, uninspiring

Commercial Banking Officer (Former Employee)

I worked at First Midwest Bancorp full-time for more than 5 years

ProsSupport and knowledge of senior management is excellent. Bank has a top-notch benefits program. 401k plan offers profit sharing and an excellent mix of investment options. Employees have access to an above average training department. Company's realistic goals promote work/life balance.

ConsUnfortunately bonuses are below industry average. Company follows the market and is definitely not an innovator. No brand recognition outside of southwest suburban market. Finally, unattractive branch offices.

Advice to Senior ManagementEmbrace technology, invest in a marketing strategy, update appearance of current locations and allow employees horizontal mobility within the organization.

Yes, I would recommend this company to a friend

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Work can be challenging and fulfilling. But old school thinking hinders processes and possible growth.

Anonymous Employee (Current Employee)

I have been working at First Midwest Bancorp full-time

ProsChicago Tribune Top Workplaces for three years in a row.

ConsTechnology for employees is behind the times.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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It's not a top 25 workplace (Chicago Tribune) for no reason...

Marketing Decision Support Analyst (Current Employee)
Itasca, IL (US)

I have been working at First Midwest Bancorp full-time for more than 5 years

Pros-Rewarded for growth and performance
-Obtainable promotions and value continued learning
-Some great management throughout.
-Small business feel
-Many staff have been with company for a long time
-Strong bank in the face of economic hardship
-Focused on growth and advancement in the market

Cons-Recent restructuring leave several areas in an area of uncertainty.
-Some "old school" thinking and executive leadership (beginning to change a bit)

Advice to Senior ManagementKeep doing what you're doing to further the company and the brand but don't lose sight of what makes First Midwest the choice for it's clients... the valued, tenured staff.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Dissappointing

Anonymous Employee (Current Employee)

I have been working at First Midwest Bancorp

ProsIt used to be a good place to work

ConsNot into technology. Management is all about sales and nothing else. Environment in general is all negative

No, I would not recommend this company to a friend

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Decent - Not Great

Corp HQ Employee (Current Employee)
Itasca, IL (US)

I have been working at First Midwest Bancorp full-time for more than 8 years

ProsFlexibility is good - but is greatly dependent on your manager.
Raises have remained at at least 3% - even in sour economy.
If you work hard, you will have the chance to move up - just not very fast.

ConsLike anyplace lately - theme is do more with less. Staffs are lean and budgets never go up - but rather down.
Innovation is not something that occurs here. Slow to market, slow to innovate.
Silo'd - new executives have done little to change this - if anything, it is worse than in years past.

Advice to Senior ManagementBe willing to spend money on technology - both for employees and for client facing products. Its 2013 not 1996.

Realize you can only become so lean before morale and loyalty go out the window.

Yes, I would recommend this company to a friend

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First Midwest is a great Chicagoland Bank

Anonymous Employee (Current Employee)

I have been working at First Midwest Bancorp

ProsSupportive of employees and management does not get in the way. You are given the authority and responsibility to meet the needs of your clients.

ConsDue to the size there is somewhat limited growth opportunities.

Advice to Senior ManagementKeep growing the banks footprint

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First Midwest Bank Ampitheatre

VIP Security (Current Employee)
Tinley Park, IL (US)

I have been working at First Midwest Bancorp part-time for more than a year

Pros- free concerts
- work only on weekends
- meet interesting people/ celebrities
- decent pay

Cons- might not get paycheck on time
- deal with unruly people
- very loud
- bathrooms are terrible

Advice to Senior Managementcleaner bathrooms and please give us our check on time instead of losing it in the mail

Yes, I would recommend this company to a friend

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It is an ok experience. Too focus on numbers.

Teller (Former Employee)

I worked at First Midwest Bancorp

Pros-Friendly Staff
-Good atmosphere
-Good training program

Cons-Too rigid
-Stuck in the box
-Lack flexibility in schedule

Advice to Senior ManagementToo focus on results, lose sight of what is important. More employee development and career advancement option and program as do most bank. Try to be innovators and leaders instead of followers.

Yes, I would recommend this company to a friend

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Horrible

Anonymous Employee (Former Employee)

I worked at First Midwest Bancorp

ProsN/A, Easy commute and Nice building

ConsEnvironment and cut throat people

No, I would not recommend this company to a friend

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Glassdoor is your free inside look at First Midwest Bancorp reviews and ratings - including employee satisfaction and approval ratings for First Midwest Bancorp CEO Michael L. Scudder. All 22 reviews are posted anonymously by First Midwest Bancorp employees.