Outstanding 401K!!! - Personal Banker WaFd Bank Employee Review

5.0
Feb 1, 2021
Recommend
CEO approval
Business Outlook

Pros

Company will match up to 4% contribution, plus add an extra 7% on top of that! That turns my 4% into 15% every year!

Cons

Salary lower that competition, but they make up for it in long term incentives. Plus, you get the opportunity to make up the difference with bonus 2x year.

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WaFd Bank Response
5y
Thank you for your post, thrilled to have you at WAFD Bank. Employees like you make the difference.

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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