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
3.0
Jun 28, 2022
Recommend
CEO approval
Business Outlook

Pros

They seem interested in career advancement within the bank and there are company outings/banquets that are actually really nice. Especially throughout the pandemic, employees had a very fair COVID leave package, as well as pay during both alternating on and off weeks while in the middle of the shutdown in 2020. The benefits package is pretty good. Most departments are pleasant to deal with.

Cons

The technology is woefully behind. The "advancements" made are barely bringing them into the 2000s in a lot of cases. Certain branches are far behind on needed updates while they're busy expanding in other markets. The pay rates for all positions are below market value (which they rely on the absence of hard sales goals as a an excuse for). While they seem interested in career development, they have absolutely no guidance on what that might look like or how to play to each employees strengths. And upper management, although strides have been made, is still too much of a boys club. The communication between departments is also abysmal. It makes it incredibly difficult to get work accomplished. This coupled with the sorry technology as well as low staffing make work incredibly difficult to accomplish, which then is reflected in your reviews. Bankers and managers alike are expected to man teller boxes 3-4 days per week and still answer for low checking and loan numbers. The running joke is that equipment works "sometimes". This includes programs needed to complete day to day work, computers, ATMs, and the customer retail services (such as Online Banking) we offer. Bankers are unable to provide full service to customers in front of them without sitting on hold with other departments or being unsure of who to contact. They offer a Blue Crew (think Geek Squad but for Online Banking) with very limited capabilities, with many of them being unsure of exactly what they can and cannot do. There is no written guidelines for this group of people. And again, their capabilities are very limited. Instead of providing direct access to Online Banking related individuals, branches are left to sit in the overlong queue to talk to a representative when a customer enters their office for support. This is embarrassing. They're bleeding phenomenal employees and I'm not hard pressed as to why. People are simply not compensated enough for the trouble.

1.0
Mar 29, 2022

Worst job

Recommend
CEO approval
Business Outlook

Pros

Not much work throughout the day

Cons

Harass the customers all day

Viewing 82 - 84 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.