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Marshall & Ilsley

Banking and financial services company.

Headquarters:
770 N. Water St.
Milwaukee, WI 53202
Employees: 14,000
CEO: Dennis Kuester
Stock Symbol: MI

Website: http://www.mibank.com

Career Site

Marshall & Ilsley Corporation is a diversified financial services corporation headquartered in Milwaukee with $47 billion in assets. Founded in 1847, M&I Marshall & Ilsley Bank is the largest Wisconsin-based bank. M&I Bank has 196 offices throughout the state, in addition to 42 locations throughout Arizona; 15 offices on Florida's west coast; 11 offices in Kansas; six offices in Missouri; three offices in Oklahoma; 14 offices in metropolitan Minneapolis/St. Paul, MN; and locations in Duluth, MN; and Las Vegas, NV. M&I's Southwest Bank affiliate has eight offices in the St. Louis area and one office in Belleville, IL. M&I's Missouri State Bank affiliate has seven offices in the St. Louis area.

Metavante Corporation, Marshall & Ilsley Corporation's wholly owned technology subsidiary, provides virtually all of the technology an organization needs to offer financial services.

M&I also provides trust and investment management, equipment leasing, mortgage banking, asset-based lending, financial planning, investments, and insurance services from offices throughout the country and on the Internet.

In 2005, Marshall & Ilsley reported revenues of $3.9 billion and net income of $727.5 million.

On April 1, 2006 the company completed acquisitions of Gold Banc Corporation, Inc. and Trustcorp Financial, Inc. Gold Banc, with consolidated assets of $4.2 billion at March 31, 2006, provides the Corporation with commercial banking services in Florida, Kansas, Missouri, and Oklahoma through 32 branch locations. With the acquisition of Trustcorp, which had consolidated assets of $0.7 billion at March 31, 2006, the Corporation acquired Missouri State Bank and Trust Company, which provides commercial banking services in Missouri through seven bank locations.

Benefits

Health Coverage

- Health, dental and vision insurance.
- Flexible spending accounts
- Group life insurance

401(k)
- Employee contributions from 1% to 50% of total compensation. Maximum annual salary deferral based on IRS regulations.
- Employees age 50+ may contribute additional amount based on IRS regulations and Plan provisions.
- Immediate 100% vesting
- Immediate Contribution Eligibility
- Participant directed investment elections among 13 investment options. Participants may allocate up to 30% in M&I common stock.
- Daily investment election changes.

Profit Sharing
- Guaranteed 2% of total eligible compensation. Remaining contribution is discretionary.
- Contributions are allocated to participant accounts annually, after December 31st.
- Contribution eligibility begins on the employee's one-year anniversary date. Participants must work at least 1,000 hours during the plan year and be actively employed on December 31st to receive employer contributions.
- Participants are 100% vested after 5 years of vested service. (Participants must work at least 1,000 hours during the plan year to earn one year of vested service.)
- Participant directed investment elections among 13 investment options. Participants may allocate up to 30% in M&I common stock.
- Daily investment election changes.

ESOP
- 401(k) matching contribution based on Return on Equity (ROE). M&I may contribute up to 50% of employee's annual contributions (limited to 6% of compensation).
- Contributions are allocated to participant accounts annually, after December 31st.
- Contribution eligibility begins on the employee's one-year anniversary date. Participants must work at least 1,000 hours during the plan year and be actively employed as of December 31st to receive employer contributions.
- Participants are 100% vested immediately.
- Invested 100% in M&I common stock. Diversification permitted at age 55.

Vacation
- Available to full-time employees scheduled to work at least 35 hours per week, and part-time employees scheduled to work 20-34 hours per week
The M&I vacation policy is based on a standard 40-hour work week. Full-time employees are eligible for up to 40 hours of vacation if hired prior to July 1. Full-time employees hired after July 1 are not eligible for vacation in that year, but are eligible for up to 80 hours of vacation in the following year. Part-time employees accrue vacation on a prorated basis. Each year, vacation is earned on a monthly basis, which means that employees earn 1/12 of their vacation upon completion of each month worked.
Based upon a standard 40 hour work week, an employee would be eligible for the following vacation:
1st 6 months.......................... 40 hours
1 Year................................... 80 hours
·5 Years and up....................... additional vacation days are accrued

Personal Days
- M&I offers up to 24 personal leave hours per year for full-time employees (based upon a 40 hour work week).
- Part-time employees are eligible for up to 16 hours of personal leave time.

Additional Paid Time Off
In addition to vacation and personal leave hours, the following types of paid time off are available to eligible employees:
- Funeral leave
- Holidays
- Maternity Leave
- Random Illness
- Short-term disability

Additional Benefits

- Employee stock purchase plan at 15% discount
- Health club reimbursement
- Tuition reimbursement program
- Employee assistance program
- Long-term disability

Updated May 3, 2006

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