2.0
Nov 6, 2009
Current employee
Minneapolis, MN
Recommend
CEO approval
Business Outlook
Pros
The bank is responding to employee survey results admirably. Improvements in compensation, communication, systems and technology are planned. The bank is well capitalized and highly rated by the rating agencies. Its as healthy a bank as there is in the entire country.
Cons
The management at the top have for the most part lived though the Grundhofer regime (notoriously cheap), and while they may collectively agree with Davis' desire to update the organization, I don't feel any of them are interested in or capable of pulling this off. The real improvements will like happen as newer blood moves up the chain of command.