They took over a small community bank with lots of talk and hype about being a great place to work. Top management and Federal regulators tried to convince employees that this was a perfect match when nothing could have been further from the truth.
Management implied that they were going to take care of the employees and look at all the systems to see which were better. Their systems were surprisingly out dated, slow and cumbersome and yet the "better" systems were shut down and a majority of the employees lost their jobs or left.
As a former employee of the "acquired" bank, I've never felt so disrespected or shown such a lack of trust by an employer, even after the finger printing and extensive background checks. The processes and procedures put in place reinforced their lack of trust and made it difficult to service the customers. Customers were practically running out the door when "service" started meaning getting products shoved down their throats whether they needed it or not.
The arrogance and condescension shown by the "new" management was appalling. It's no wonder that you can drive by any branch and see empty lobbies.
