Dollar Bank reviews

3.9

71% would recommend to a friend

(396 total reviews)
avatar

James J. McQuade

84% approve of CEO

65% positive business outlook

Dollar Bank has an employee rating of 3.9 out of 5 stars, based on 396 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Dollar Bank employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

396 reviews
2.0
May 21, 2010

Terrible Compensation, Good Training

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

- Good career-starting job. There's a lot to learn about the banking industry and they will teach you. - Good, honest, hard-working people at the branch level. - Conservative (stable)

Cons

- Compensation package is terrible compared to competitors - Advancement is very political in nature. Not always based on performance, but moreso who they like and don't like. - Very sales heavy approach with no incentive for hitting goals. On the flip side, distain for not hitting goals. - Technologically inept

4.0
Apr 26, 2010
Recommend
CEO approval
Business Outlook

Pros

Great atmosphere and friendly coworkers. Rewarding jobs and ability to take on new tasks/responsibilities. No commission, base salary despite your ability to sell products.

Cons

Advancement to headquarters is limited, you have to be with the bank for 1 year. Pay is lower than other banks without reward for high emphasis on sales. Very standardized procedures/little room for creative processes.

3.0
Nov 4, 2009
Recommend
CEO approval
Business Outlook

Pros

Great place to gain work experiance. You are able to learn about the banking industry in a low pressure environment, okay benefits. Employees are treated fairly in most regards. Mutual Savings Bank, will not be bought & sold.

Cons

Low pay for the industry. Technology is VERY behind the times. Can be very sales oriented - without the sales bonus that goes with hitting the numbers...can cause some frustration.

Viewing 394 - 396 of 396 Reviews

Glassdoor has 409 Dollar Bank reviews submitted anonymously by Dollar Bank employees. Read employee reviews and ratings on Glassdoor to decide if Dollar Bank is right for you.