Terrible, Run Fast - IT Analyst CoBank Employee Review

1.0
Sep 24, 2024
Recommend
CEO approval
Business Outlook

Pros

Standard health benefits, 401k matching, sick and vacation time.

Cons

IT is sinking ship with massive salary cuts, demotions and people quitting or getting let go that have worked at the bank for years. The CIO they hired last year has made a mess of everything. Morale is extremely low. They used to have an awesome bonus pack based on performance, then it went to 3 %, this year, then another 5% drop for next year along with massive salary cuts, demotions, layoffs and basically forcing people out with voluntary resignations. If you value your career, don't sign for a job here.

Explore other reviews about CoBank

5.0
Jan 28, 2026
Recommend
CEO approval
Business Outlook

Pros

Great culture and teams to work alongside

Cons

no cons at all here

1.0
Mar 31, 2026
Recommend
CEO approval
Business Outlook

Pros

Financially speaking CoBank is a stable company. The yearly bonus payout is competitive,

Cons

It's referred to as "CoBank nice" which is another way of saying it's a passive-aggressive culture. If you dislike endless meetings, this environment can be frustrating. Strong resistance to change at the leadership levels - despite claims of being focused on transformation, real progress is very limited. Extremely slow pace. Recent months have brought significant organizational and leadership changes, but very little acknowledgement about the impact those changes have on associates. PTO is definitely not competitive.

3
avatar
CoBank Response
2mo
Thank you for raising these concerns and for sharing your feedback. We agree that bonus payouts are an important part of overall compensation, and we remain committed to offering competitive rewards to our associates. Transparency and trust are priorities, and we’re continuing to strengthen communication and collaboration across the organization. We truly appreciate your willingness to speak up—perspectives like yours are essential as we work to improve together!
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