Community Bank

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Community Bank

An independent, locally-owned commercial bank. It operates exclusively in and derives its funds from the community in which it is based. It is sometimes easier to obtain a loan from a community bank because it may have better knowledge of the local market. It is also known as an independent bank.
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We are pleased that UltiPro is helping to elevate performance discussions between Independent Banks managers and employees, as well as enabling employees to engage more strongly with their own positions and the companys overall vision.
Ultimate Software, a leading provider of human capital management (HCM) solutions in the cloud, announced today that Independent Bank, a Michigan-based community bank, is using UltiPros talent management capabilities and instant access to HR information to boost engagement among the Banks employees and to support HRs focus on company culture.
Independent Bank has served communities in Michigan for more than 150 years and is currently the fifth-largest community bank headquartered in the state, with 63 branches.
Our previous solution made it impossible for our managers to provide meaningful feedback to their employees, so the breadth of our performance management was reduced to little more than determining employees annual salary increases, said Jack Klott, vice president of human resources for Independent Bank. With UltiPro, we have been able to build an ongoing, comprehensive talent management process that is a critical part of greater employee engagement.
When Independent Bank launched UltiPro, the company re-evaluated its performance management process and conducted focus groups to align jobs with appropriate competencies.
While Independent Bank has strengthened talent management interactions by providing more clarity and insight into job expectations, the company also reports that employees instant access to HR information in UltiPro has helped enhance the employment experience.

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