Ethically Motivated and Community Minded Bank FOCUSED on employee retention and well being - Regional President WaFd Bank Employee Review

5.0
Aug 15, 2021
Recommend
CEO approval
Business Outlook

Pros

- Places significant emphasis on employee well being and job satisfaction - Moody’s rating of A1/Prime-1 for long term deposits - High level of employee benefit package exceeds that of other peer Banks - Rated BEST BIG BANK by Newsweek, BEST BANK by money.com for 3 years in a row and named to Forbes 2021 Best Banks in America - Family focused company with remote working protocol for many colleagues - Net Promoter Score (NPS) from annual customer survey has grown rapidly to a 51 over the past four year, higher than all major big and regional Banks. - Portfolio lender for over 104 years highly recognized for excellent customer service - Overall Foundation giving exceeding over 2 million dollars in our local communities - 100% match for United Way contributions - One of the highest capitalized Banks in America - Bank has paid out consecutive quarterly cash dividends to its shareholders since going public in 1982

Cons

- There are not enough words to express the Bank’s focus on employee well being and happiness!

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WaFd Bank Response
4y
Thank you for your post. I love seeing an employee articulate what makes us special. The real differentiator is YOU . Our team is loving what they do and clearly making a 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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