Terrible Compensation, Good Training - Anonymous employee Dollar Bank Employee Review

2.0
May 21, 2010
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

Explore other reviews about Dollar Bank

5.0
Jun 16, 2026
Recommend
CEO approval
Business Outlook

Pros

Great people to work with

Cons

Parking is expensive to be in the office downtown

4.0
Jun 23, 2026
Recommend
CEO approval
Business Outlook

Pros

Plenty of opportunity at dollar for growing your knowledge and experience. Leadership does care about their people and there is a a fair bit of access to executive management. Benefits are pretty good with insurance, gym reimbursement, 401k match and other things.

Cons

Performance incentives are sorely lacking here. If you are a high performer, you get the same performance incentive distributed into your 401k as someone who is average. Management also has a track record of adding responsibilities but not necessarily increasing compensation. The other main item is that the majority of employees have started and stayed at dollar. Coming in externally with difference experiences can be challenging.

See reviews by: Helpful|Rating|Date|All