The Work Index by Flexa

MidWestOne Bank

MidWestOne Bank is a community bank that provides a wide range of personal and business banking services throughout the Midwest.

https://www.midwestone.bank/
4.5

/10

Transparency ranking

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Description

MidWestOne Bank is a community bank headquartered in Iowa City, Iowa. Founded in 1934, the bank has a rich history rooted in customer care and community involvement. MidWestOne has expanded its reach to 56 locations across Iowa, Minnesota, Wisconsin, and Colorado, offering a range of personal and business banking services, including checking and savings accounts, loans, mortgages, investment products, and wealth management solutions.

MidWestOne Bank is committed to supporting its customers and communities, reflected in its mission statement, "Take care of our customers and those who should be." The bank emphasizes building strong relationships with its customers and prioritizes the well-being of its employees through initiatives focused on diversity, equity, inclusion, and belonging. MidWestOne Bank is also known for its philanthropic efforts, supporting non-profit organizations and local projects that enhance the quality of life in its communities.

Benefits

MidWestOne Bank offers a comprehensive benefits package designed to support employees and their families. Benefits include medical and HSA/FSA options, life insurance, paid time off, retirement plans, dental and vision insurance, as well as a student loan program. The company emphasizes the importance of employee well-being and provides a range of benefits to help employees thrive both professionally and personally.

Mission

MidWestOne Bank's mission is to provide exceptional customer service while also supporting the communities they serve. Their vision is to be a leading community bank that builds strong relationships and utilizes expertise to make a meaningful impact on stakeholders. They believe in continuous learning, integrity, teamwork, attracting talented employees, and generating positive results for their customers and communities.

Social impact led

Culture

MidWestOne Bank promotes a culture rooted in community and customer service. They emphasize their commitment to taking care of customers and those who should be, reflecting a welcoming and inclusive approach. This emphasis is further evidenced by their RISE initiative, which focuses on fostering an environment of diversity, equity, inclusion, and belonging. Their commitment to integrity and teamwork is also highlighted, as evident in the operating principles that guide their actions. The company is committed to continuous improvement and seeks to create a positive work environment where employees feel valued and empowered.

People-first

DE&I

MidWestOne Bank embraces diversity, equity, inclusion, and belonging through their RISE initiative. The bank's mission is to create a workplace where everyone feels welcomed, valued, respected, and included. MidWestOne's commitment to DEIB is reflected in their operating principles, particularly "work as one team," and they strive to continuously learn and deepen relationships to foster an environment where everyone can achieve their full potential.

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