Mercantile Bank of Michigan was founded in 1997 by Directors and Bankers who firmly believe that customers read more
Mercantile Bank of Michigan Company Culture
Mercantile Bank of Michigan Culture
This score is derived from employee ratings & reviews3.0/5
Mercantile Bank of Michigan's Overall Culture is rated C-
Top Rated Culture Dimensions
CEO Rating
AMeetings
BEnvironment
B-Executive Team
C+Leadership
C+Mercantile Bank of Michigan CEO
Top 10%Top 10% of Similar Size Companies on Comparably
Robert Kaminski
77 /100
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Diversity at Mercantile Bank of Michigan
N/A
Share Your Opinion
Anonymously Rate Your Experience & Make Work BetterWomen at Mercantile Bank of Michigan
N/A
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Anonymously Rate Your Experience & Make Work BetterMercantile Bank of Michigan eNPS
Net Promoter Score tracks your employees' overall score to this question: "On a scale from 0-10, how likely are you to recommend working at your company to a friend?"Bottom 15%Bottom 15% of Similar Size Companies on Comparably
Recommend to a Friend?
-67
Mercantile Bank of Michigan employees are -67% more likely to recommend Mercantile Bank of Michigan as a great place to work
| 11% | Promoters |
|---|---|
| 11% | Passives |
| 78% | Detractors |
Working at Mercantile Bank of Michigan
Working at Mercantile Bank of Michigan is rated below average by 9 employees, across various culture dimensions. Mercantile Bank of Michigan employees rate CEO Rating highest among all categories, and think that Professional Development and eNPS have the most room for improvement, putting Mercantile Bank of Michigan’s culture in the Bottom 35% compared to similar sized companies on Comparably and in the Bottom 25% compared to other companies in Grand Rapids, MI. See below in detail how working at Mercantile Bank of Michigan was rated by employees.
Overall Company Culture at Mercantile Bank of Michigan
C-
Overall Company Culture at Mercantile Bank of Michigan is rated C-
Last updated months ago
Bottom
35%
Mercantile Bank of Michigan ranks in the Bottom 35% of other companies on Comparably with 501-1,000 Employees for Overall Company Culture Score
Share Your Opinion
Anonymously Rate Your Experience & Make Work BetterMercantile Bank of Michigan Employee Reviews
Out of 7 Mercantile Bank of Michigan employee reviews, 83% were positive. The remaining 17% were constructive reviews with the goal of helping Mercantile Bank of Michigan improve their work culture.
| Positive Reviews | 83% |
|---|---|
| Constructive Feedback | 17% |
Positive Reviews From Mercantile Bank of Michigan Employees
- What do you like best about the leadership team?Come together and try to assist one another
- What is the best part about your compensation package?Medical coverage is helpful to my family
- What are some of the best things about your team?Have worked together for a while and get along well
Constructive Feedback From Mercantile Bank of Michigan Employees
- What's going wrong and how can it be improved?Some days I am and other days I am not
Mercantile Bank of Michigan Company Information
Mercantile Bank of Michigan Company Overview
Mercantile Bank of Michigan was founded in 1997 by Directors and Bankers who firmly believe that customers
| Headquarter | Grand Rapids, MI United States of America |
|---|---|
| Website | www.mercbank.com/ |
| Founding Date | 1997 |
| Tel | +1 616-406-3000 |
| Company Status | Public |
Mercantile Bank of Michigan Employees
9 employees at Mercantile Bank of Michigan have reviewed Mercantile Bank of Michigan across various culture dimensions, providing their opinions on items ranging from executive ratings to the pace at work. The latest review was months ago.
Overall, the 9 Mercantile Bank of Michigan employees give their leadership a grade of C+, or Top 50% of similar size companies on Comparably. This includes specific ratings of their executive team, CEO, and manager.
Employees at Mercantile Bank of Michigan are not very pleased with their total compensation at Mercantile Bank of Michigan, which includes a combination of pay, stock and equity, and benefits.
Overall, employees at Mercantile Bank of Michigan are generally satisfied with their team. 9 Participants grade the quality of their coworkers a C. The majority believe the meetings at Mercantile Bank of Michigan are effective, and the majority look forward to interacting with their coworkers.
The majority of employees at Mercantile Bank of Michigan believe the environment at Mercantile Bank of Michigan is positive. Most Participants believe the pace of work at Mercantile Bank of Michigan is comfortably fast. About 100% of the employees at Mercantile Bank of Michigan work 8 hours or less.
Overall, the employees at Mercantile Bank of Michigan are not very happy, based on their aggregated ratings of future outlook, customer perception, and their excitement going to work.
Joining Mercantile Bank of Michigan - Employee Onboarding
The prevailing opinion from Comparably users in Grand Rapids, MI about their company is that it was somewhat prepared on their first day. Grand Rapids, MI employees concluded that their overall onboarding experience was positive. 62% said their direct manager was helpful with their acclimation during the first 90 days. First impressions are important, and how prepared a company is on your first day leaves a lasting impression.
Mercantile Bank of Michigan KPIs and OKRs
At this moment no Mercantile Bank of Michigan employees have provided insight into whether or not they clearly understand Mercantile Bank of Michigan's KPIs and OKRs.
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Mercantile Bank of Michigan CEO & Leadership
Mercantile Bank of Michigan CEO - Robert Kaminski
77 /100
Robert’s approval rate is in the Top 10% of all CEOs of similar-sized companies on Comparably, and in the Top 15% compared to the CEOs of all other companies in Grand Rapids, MI. Under Kaminski’s leadership, Mercantile Bank of Michigan employee respondents are most happy about their Meetings and the company’s Environment. Professional Development and eNPS are two areas, according to respondents, where Mercantile Bank of Michigan could stand to see real improvement.
Mercantile Bank of Michigan Leadership
The Mercantile Bank of Michigan Executive Team is rated a “C+” and led by CEO Robert Kaminski, SVP-Mortgage Lender NMLS #951770 Brian Talbot, and Senior Vice President | Commercial Lender Andrew Miedema
Robert Kaminski CEO / President
Robert Kaminski serves as the CEO / President of Mercantile Bank of Michigan.
Brian Talbot SVP-Mortgage Lender NMLS #951770
Brian Talbot serves as the SVP-Mortgage Lender NMLS #951770 for Mercantile Bank of Michigan. Brian started at Mercantile... read more
Andrew Miedema Senior Vice President | Commercial Lender
Andrew Miedema serves as the Senior Vice President | Commercial Lender of Mercantile Bank of Michigan. Andrew started at... read more
Doug Holtrop Senior Vice President, Corporate Banking
Doug Holtrop serves as the Senior Vice President, Corporate Banking of Mercantile Bank of Michigan. Doug started at... read more
Matt Zimmerman Senior Vice President - Corporate Banking
Matt Zimmerman serves as the Senior Vice President - Corporate Banking of Mercantile Bank of Michigan. Matt started at... read more
Sonali Allen Senior Vice President, Chief Compliance and Community Development Officer
Sonali Allen serves as the Senior Vice President, Chief Compliance and Community Development Officer of Mercantile Bank... read more
Dan King Senior Vice President/ Community Bank President
Dan King serves as the Senior Vice President/ Community Bank President of Mercantile Bank of Michigan.
David Woodle Executive Vice President
David Woodle serves as the Executive Vice President of Mercantile Bank of Michigan.
Deborah Kakaris Executive Vice President - CIO
Deborah Kakaris serves as the Executive Vice President - CIO of Mercantile Bank of Michigan.
Mercantile Bank of Michigan Salaries
How much does Mercantile Bank of Michigan pay?
How much do people at Mercantile Bank of Michigan get paid? See the latest salaries by department and job title. The average estimated annual salary, including base and bonus, at Mercantile Bank of Michigan is $112,152, or $53 per hour, while the estimated median salary is $112,235, or $53 per hour.
At Mercantile Bank of Michigan, the highest paid job is a General Counsel at $218,051 annually and the lowest is a CS Rep at $45,017 annually. Average Mercantile Bank of Michigan salaries by department include: Sales at $137,259, IT at $85,635, Finance at $79,296, and Business Development at $94,903. Half of Mercantile Bank of Michigan salaries are above $112,235.
4 employees at Mercantile Bank of Michigan rank their Compensation in the Bottom 45% of similar sized companies in the US (based on 12 ratings) while 4 employees at Mercantile Bank of Michigan rank their Perks And Benefits in the Bottom 25% of similar sized companies in the US (based on 6 ratings).
Last updated months ago.
| Summary | Salary Range | Percentile |
|---|---|---|
1st Percentile $66k | $66k | 1st Percentile |
17th Percentile $86k | $86k | 17th Percentile |
33rd Percentile $112k | $112k | 33rd Percentile |
50th Percentile $159k | $159k | 50th Percentile |
67th Percentile $205k | $205k | 67th Percentile |
83rd Percentile $259k | $259k | 83rd Percentile |
100th Percentile $264k | $264k | 100th Percentile |
$112,152*
Average Compensation
$112,235*
Median Compensation
* Estimated salaries Estimated salaries are based on data provided anonymously by employees and/or estimated by other statistical methods.
Mercantile Bank of Michigan Salaries by Department
Diversity & Inclusion at Mercantile Bank of Michigan
The Diversity score provides insights into how diverse employees feel and rate their work experience at Mercantile Bank of Michigan across various culture dimensions.
Ranked Culture the Highest
Ranked Culture the Lowest
Mercantile Bank of Michigan Perks & Benefits
Health & Wellness
- Dental Insurance
- Health Insurance
Mercantile Bank of Michigan PTO
Mercantile Bank of Michigan's PTO and Vacation policy typically gives 15-20 days off a year. Mercantile Bank of Michigan's benefits and PTO Package averages to represent a $1500 - $2500 cash value per month.
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Mercantile Bank of Michigan Careers
Mercantile Bank of Michigan Jobs
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Frequently Asked Questions regarding Mercantile Bank of Michigan
Who is the CEO of Mercantile Bank of Michigan?
Mercantile Bank of Michigan CEO is Robert Kaminski, their score by employees is 77
What is Mercantile Bank of Michigan eNPS?
The eNPS for Mercantile Bank of Michigan is -67
What is the salary for Senior QA in Mercantile Bank of Michigan?
Senior QA average salary in the US is 117k
What are the salaries in the Product in Mercantile Bank of Michigan?
The average salaries for Product in Mercantile Bank of Michigan is 146k
What are the benefits at Mercantile Bank of Michigan?
Mercantile Bank of Michigan perks and benefits are Dental Insurance & Health Insurance
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