Poor management - Mortgage Loan Processor WaFd Bank Employee Review

3.0
Jul 6, 2017
Recommend
CEO approval
Business Outlook

Pros

Great co-workers and helpful corporate team

Cons

Awful management, if you're good at your job they keep you there and there's not much room to grow. Other divisions are better than some. High turnover

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WaFd Bank Response
8y
We wish you all the best, we are small in Texas but plan on growing.

Explore other reviews about WaFd Bank

5.0
Mar 18, 2026
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The leadership at all levels is outstanding

Cons

No cons in the bank

2.0
May 28, 2026
Recommend
CEO approval
Business Outlook

Pros

Primarily remote work. Decent PTO after the 4th year.

Cons

Limited staffing and limiting overtime opportunities until the bitter end of potentially missing deadlines, which you are guilted into working. 2% "raise" every January and ZERO merit raises. Gutted profit sharing and profitability bonuses over time. Most recent bonus, which is tied to net profit after dividends, was given a result when the scale was never published. All previous bonuses had a floor-to-ceiling profit scale that showed the targets months in advance of the end of the bonus period.

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