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
Aug 10, 2013
Recommend
CEO approval
Business Outlook

Pros

Working at Dollar Bank isn't terrible. It's a fairly easy job, and coworkers are friendly. When you have a question about a procedure or policy there are numerous people in support departments that can be called upon, unlike bigger banks that have everything on an intranet page. Also, the benefits are great for a small company.

Cons

Senior management has changed, and moving in a more sales oriented envirioment without any incentive for meeting sales goals. Also, branch employees are tightly micromanaged by upper-management and security. Much of the decision making has been removed from branch employees, who now have to call someone in upper-management or security to get "approval" to do a simple task. Pay is also not competitive with other banks.

2.0
Aug 25, 2011

Good entry level bank.

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

There are many great people who work in the branches. Most branch colleagues are supportive and provide help when needed. The company is good about respecting a fair work life balance as well as there are understanding if a personal need arises. Dollar Bank has a good training department and provides a solid basic foundation in banking operations.

Cons

There is not any communication between departments and no consistancy in getting the correct answer to policies and operations. Qualified women are consistantly passed up for advancement by men. There are few opportunities for career growth and advancement between departments. Dollar Bank is a good entry level bank to learn the basics but it is not a good move for a career women who is looking to stay and grow with the company.

3.0
Oct 1, 2010
Recommend
CEO approval
Business Outlook

Pros

Stability. Sales goals are there but without the risk of getting canned for not meeting them. Good Co-Workers Decent Benefits Options

Cons

Well below par pay scales. No incentives Advancement based on politics. Little regard for keeping qualified employees unless they first have an offer somewhere else. Consistently request more from some while accepting less from others. Would rather hire from outside rather than promote from within.

Viewing 136 - 138 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.