Loan Officer - Loan Officer Banner Bank Employee Review

3.0
Dec 27, 2016
Recommend
CEO approval
Business Outlook

Pros

1. Base salary can be as much as $5,000 monthly non recoverable. 2. 75 bips top tier commission payout 3. 10 bips quarterly bonus 3. Good marketing budget 4. decent construction Program

Cons

1. No jumbo products 2. Pass the buck management 3. long (super-long) turn times on ""ALL"" mortgage products 4. Consumer (Business) products are way below industry average 5. Rates are much higher than any-any-any competitor 6. No 30-45 Day Close options 7. Loan changes way to many hands before it is ready to fund and in most cases can take upto 60 days to close on a purchase loan.

Explore other reviews about Banner Bank

5.0
Jul 9, 2026
Recommend
CEO approval
Business Outlook

Pros

Good Benefits, Management truly cares about you as an employee, lots of growth opportunities, easy to advance in career, plenty of training opportunities.

Cons

None that I can think of!

1.0
Jul 3, 2026
Recommend
CEO approval
Business Outlook

Pros

Its a job if you’re desperate enough

Cons

No growth, underpaid, over worked, unhealthy work environment, high turnover

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Banner Bank Response
4d
Thank you for the feedback, even when it is tough to receive. We are disappointed to hear about your experience and if you are open to a confidential conversation, please reach out to the Talent Acquisition Director's office. He would be happy to meet with you to discuss any specific issues. We value the honest feedback and want to use this as a learning opportunity for how we can continue to shape our culture into a company where we all feel valued.
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