1 out of 5
Kathy Hardy should be FIRED! As EVP/Chief Credit Officer, she is responsible for maintaining the integrity and quality of the bank's loan portfolio and FAILED miserably (every Executive in banking knows this). This failure is evidenced by an increasingly large number of non-performing loans that originated before 2007. The FDIC was preparing to shut down of the bank in 1/12 had it not been for a capital injection by the owners. Kathy's incompetence continues today, as the Board SURPRISINGLY STILL continues to employee her.
This miserable specimen is ignorant and, even today, expresses that "no change" is needed. No change needed? Your bank almost got shut down idiot! Kathy spends a significant portion of her day Facebooking and doing electronic crossword puzzles thinking about when her next big meal is going to be. It's obvious her best interest has never been with Bank, yet she still earns a generous salary of near $200k. It's obvious that very few, if any, officers and lenders have any respect for her. Who would? This Prima Donna walks around the bank with a big stick up her a@@ continuously negatively talking about co-workers behind their back. She has created a negative environment with numerous employees leaving on a regular basis. The sales team of 7 employees at the Naperville Branch left the bank in 1/12. Any Chief Credit Officer prior to 2007 looked good when every bank was making money. Now Kathy's shortcomings and incompetency are all too obvious.
It's unfortunate that the employment of this 1 person continues and allows for a negative environment. For most employees at this bank, this is simply "a job" in a difficult economy. For anyone seeking employment at this bank, look elsewhere. This is a small bank with a large bank culture with decisions taking forever to be made (not good for new business). Existing customers are always trying to refinance elsewhere as evidenced by the dramatic decrease in the bank's loan portfolio from $400 million to $300 million in just 1 year. Prospective customers reading this already realize the "red flags" that exist.
Until Kathy Hardy is FIRED, nobody will have the guts to employ positive change at this bank and the under performance and culture of negativity will simply persist.