Underwriter - Mortgage Underwriter WaFd Bank Employee Review

3.0
Oct 20, 2017
Recommend
CEO approval
Business Outlook

Pros

I love working for Washington Federal it is a great company with supportive management that allows for open communication. Company has a strong foundation and history I am proud to be a part of. Upper management seems dedicated to making changes to help move the company forward without compromising its base values.

Cons

I feel my salary does not reflect my experience and while I am told I am doing a great job (always appreciated) I feel I am under paid.

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WaFd Bank Response
8y
Thank you for your hard work and feedback. We are proud to have you on our team! Washington Federal is very much a "total compensation" company. While the base pay may be lower, when you factor in the semi-annual bonuses, 4% 401(k) match and 7% contribution, company-paid life insurance, low insurance premiums, paid time off, and our 'promote-from-within' policy, we feel our total compensation package is actually quite competitive.

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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