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Midland States Bank

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Midland States Bank reviews

3.3

58% would recommend to a friend

(137 total reviews)

Jeffrey Ludwig

72% approve of CEO

58% positive business outlook

Midland States Bank has an employee rating of 3.3 out of 5 stars, based on 137 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Midland States Bank employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

137 reviews
1.0
Feb 10, 2015

Some good, zero great, mostly mediocre to low in all categories.

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Laid back environment, nice building, some talented workers, good work/life balance, strong growth track (for an investor).

Cons

Terrible corporate culture that breeds undermining and non-best practices (many people afraid to challenge management, an above average amount of poor decisions and rework based on the iron fist approach). Many in management and executive management lack strong leadership skills when it comes to people (the culture is proof of this as well as how many talented people have left). Not even close to competitive salaries (non-management) in comparable areas like Indianapolis or St. Louis relative to the cost of living adjustments (which are minimal). Like other organizations in Effingham, Midland has a monopoly on local talent that want to stay in Effingham, they can underpay and do so. Little to no advancement opportunities. Lack of training budget and talented workers to help train/keep younger employees.

2.0
May 23, 2025

Poor Leadership Decisions

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Benefits, PTO, Supplemental Vacation purchase, Paid FMLA.

Cons

Constant restructuring, mixed messages from management, forced in-office days for individual contributors, top-heavy pay scale, favoritism and office politics, lack of collaboration amongst teams, poor financial outlook, culture posturing.

2.0
Mar 3, 2025

Not Worth the Burnout

Recommend
CEO approval
Business Outlook

Pros

Decent pay but poor benefits Some good coworkers (all have departed now) Structured processes (even though they weren't followed)

Cons

No flexible work arrangements Lack of recognition Toxic work environment Poor leadership High Turnover

Viewing 1 - 3 of 137 Reviews

Glassdoor has 145 Midland States Bank reviews submitted anonymously by Midland States Bank employees. Read employee reviews and ratings on Glassdoor to decide if Midland States Bank is right for you.