Use to be a Great Place to Work - Anonymous employee Amerant Bank Employee Review

Since the bank became public, the communication between Upper Management and the front lines disappeared. There are no clarity on the objectives and the direction for the bank. The only focus is to improve the metrics to get the stock price up and get the upper management and investors wealthier. The bank has lost its north, does not have a clear identity on what market to tackle and the people who makes things work are not receiving the deserved attention. The great work environment that existed was demolished by the series of areas being outsourced to improve ratios, thus creating fear, distrust, and uncertainty among employees. One of these outsourcings was poorly handled. There was no communication whatsoever with the affected employees who were rebadged to another company. These employees did not have enough time to digest what was going on and had to accept an employment offer in mere 4 days after being notified, or else we will be terminated few weeks later (since the positions will belong to the other company). This upsetting event can be compared to cattle trading among farmers. We did not have the time to perform due diligence, and the whole transaction was sold as if it was the best thing that happened to us.