Exciting time of opportunity and growth! - Branch Manager WaFd Bank Employee Review

4.0
Apr 1, 2014
Recommend
CEO approval
Business Outlook

Pros

Washington Federal is a regional bank that is focused squarely on the communities it serves. WaFed is a company that is increasing in size which leads to significant job opportunities within the company. Low fee (or no fee) deposit account options and an incredible suite of personal banking products make it easy to recomend WaFed accounts. WaFed is also a one-stop-shop for small business customers that are looking for the personal attention a local bank can provide. Home loans are all underwritten locally so there is an incredible amount of flexability and communication. WaFed offers a VERY competitive retirement package and a good bonus structure. Most branches are open from 9-5 M-Th and closed on Saturday which offers a better work life balance than other banks I have worked at.

Cons

Changes to all computer systems are in process. This will create more opportunities for our clients and associates, but could be a stressful time as the system is integrated. Some branches have slower foot traffic.

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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