Axos Bank reviews

3.1

56% would recommend to a friend

(764 total reviews)
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Gregory Garrabrants

59% approve of CEO

59% positive business outlook

Axos Bank has an employee rating of 3.1 out of 5 stars, based on 764 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Axos Bank employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.6 stars).

Reviews by job title

764 reviews
1.0
Feb 15, 2025
Recommend
CEO approval
Business Outlook

Pros

My colleagues were generally good to work with. Relatively relaxed hiring standards makes it easy to get a job here with little experience. I generally enjoyed the work that I was doing, but it was super inconsistent. Some days were wildly busy and other days were incredibly slow.

Cons

The leadership team here is grossly incompetent and prone to get angry at lower level workers for their own failings. Their internal moto is literally "Axos isn't for everyone", in the sense it is not the place for people who want to be routinely abused. I highly recommend reading the Hindenburg Research report on Axos as it will give you a good idea of the culture at Axos and how leadership operates. They have documents stored across several different document imaging applications, which wouldn't be so much of a problem if everyone actually had access to them but very few people do because allowing more access would cost them more money. On-boarding was absolutely insane as it took them over 3 months to get me all the software I needed for me to do my job. Most other companies would have had that setup before I walked through the door. In a company-wide survey for 2023, leadership scored a 12% internal approval rating from other departments. In 2024, they refused to put out the exact number because according to my boss it was even worse. The COO is well known for being a yeller. He called a company-wide meeting once just so he could yell at senior staff members for apparently not working hard, even though they are the only people keeping this place afloat. There is a very high turnover rate, especially among younger employees. They pay out performance bonuses 50% cash, 50% stock. Employees have loudly been pushing back on it for years and leadership refuses to change their minds. They offered meetings so employees could give them suggestions to improve employee morale and they shot pretty much every single decent idea down, eventually they quit doing them because employees were getting more and more frustrated. On more than one occasion the leadership team would come to me and demand that I process distributions that were plainly against our own account agreements. They are more than willing to push their employees to cross ethical boundaries if it means they'll make more money. Oh and one of my colleagues found out they were fired mid way through the day when someone on his team processed his final paycheck, then they immediately locked him out of the building before he could get his stuff. If you are still reading this, please just do yourself a favor and avoid working here no matter how desperate you might feel. I worked here less than 2 years and I feel like I aged 10.

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Axos Bank Response
1y
At Axos, we recognize that each employee’s journey is unique, and we appreciate your time with us. We are pleased to hear that you found your colleagues enjoyable to work with and that you valued aspects of your role. Collaboration and a supportive team environment are key components of our workplace culture. While we understand that no workplace is perfect for everyone, we remain committed to fostering an environment where employees can thrive. We take feedback seriously and continuously strive to enhance our operations and internal processes to better serve our employees and customers alike.
2.0
Oct 22, 2024
Recommend
CEO approval
Business Outlook

Pros

Some colleagues were friendly and supportive.

Cons

The environment was filled with cunning behavior and impolite interactions. It seemed like no one knew what they were doing, and the management made decisions that left everyone confused. Team members were often left to fend for themselves, which only added to the chaos. Instead of creating a cohesive atmosphere, the disorganization made everything frustrating and unproductive.

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Axos Bank Response
1y
We believe that everyone should be spoken to in a professional manner. Team Members are encouraged to be resourceful by collaborating with other colleagues, departments, and consulting management when additional guidance is needed.
1.0
Jul 8, 2024

Poor work environment

Recommend
CEO approval
Business Outlook

Pros

The office location was in a good area.

Cons

Negative atmosphere. Poor to non exist leadership. Yelling is the standard language your manager speaks.

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Axos Bank Response
1y
Everyone deserves to be treated with respect, which is a core value at Axos. We hope you discussed this with management.
Viewing 178 - 180 of 764 Reviews

Glassdoor has 819 Axos Bank reviews submitted anonymously by Axos Bank employees. Read employee reviews and ratings on Glassdoor to decide if Axos Bank is right for you.