Traumatic experience - Commercial Loan Operations KeyBank Employee Review

1.0
Apr 18, 2015
Recommend
CEO approval
Business Outlook

Pros

The employees were good people. Many were even exceptional. PTO allowances were generous. The Brooklyn Ops Center was a nice facility.

Cons

Fear and lies seemed to pervade the culture. Production expectations were unreal. To set goals so high that they can rarely be achieved seems to me an invitation for employees to cheat, steal and lie. It was hard to enjoy PTO when you knew you'd come back to work with a huge backlog to cover and your current unwieldy portfolio would need attention, too. Management was not very helpful. Other department managers asked me what the head of my department did all day long and I had no answer - he was just collecting a nice paycheck and looking forward to his retirement, Pretty quickly I began to regard all corporate communications as propaganda (Orwellian double-speak). For instance, when the core medical plan was phased-out in favor of a high deductible plan, it was promoted to employees as something good that would empower us to be able to make better choices as consumers of medical services. Never mind how opaque the market actually is and that the employee will be paying more, we were told that the change was good for us.

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5.0
Jun 3, 2026
Recommend
CEO approval
Business Outlook

Pros

Culture, opportunities, industry leading products and benefits

Cons

Internal politics and favoritism blocks talent

3.0
Jul 20, 2026
Recommend
CEO approval
Business Outlook

Pros

Generous PTO allowance; Get to build relationships with local customers. Can be a great company to work for so long as you are not in the Eastern PA region. Key Bank's acquisition of First Niagara Bank (FNB) in Eastern PA left a void in regards to lack of consistency in executing Key Bank company culture and leadership in the acquired Eastern PA region, which functioned as a hybrid of Key Bank's culture & processes, as well as old FNB culture & processes.

Cons

Forced to spend too much time focusing on checking account openings, credit card applications, and work on the teller line. Management expects you to focus more on getting a client to a certain wellness score as a metric versus being given the time to perform an in-depth financial planing analysis for each client. Getting clients to discuss their investment portfolio outside the bank takes time and relationship building. Management expects you to push products and advice in such a way that you are performing immediately to the role's metrics versus being given the time to build relationships, which not only takes time, but typically has very large rewards by way of significant investment & insurance business. Management exprects an SLRM to put way more focus on the branch's banking needs and doesn't probvide the time and proper resources needed to acquire & properly service investment clients. Branch management encourages predatory behavior among the floor sales team instead of working with a team approach. Referrals from tellers and Personal Bankers are highly depended on how competitive the branch environment is versus a "There's no 'I' in team" approach.

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