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First Citizens Bank

Engaged Employer

First Citizens Bank reviews

3.7

65% would recommend to a friend

(340 total reviews)
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Frank B. Holding Jr.

78% approve of CEO

64% positive business outlook

Reviews by job title

340 reviews

Reviews about "Compensation"

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3.0
Mar 18, 2024

Excellent Organization

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Working for First Citizens Bank, or any bank for that matter, can offer several advantages. Here are some potential pros of working for First Citizens Bank: Job Stability: Banks are typically stable institutions, less prone to sudden shifts in the market compared to other industries. First Citizens Bank, being an established financial institution, can offer a stable employment environment. Benefits Package: Banks often provide competitive benefits packages, including health insurance, retirement plans, paid time off, and employee assistance programs. First Citizens Bank likely offers similar benefits to its employees. Career Development Opportunities: Banks tend to have structured career paths with opportunities for advancement. Whether it's moving up within a specific department or transitioning to another area of the bank, First Citizens Bank may provide avenues for career growth. Training and Development: Banks usually invest in training and development programs to ensure their employees have the skills and knowledge necessary to succeed. First Citizens Bank likely offers training opportunities to help employees enhance their professional capabilities. Networking: Working for a bank like First Citizens Bank can provide extensive networking opportunities. You'll interact with colleagues, clients, and possibly even industry professionals, which can be beneficial for your career advancement. Industry Insights: Being part of a bank exposes you to the inner workings of the financial industry, providing valuable insights into economic trends, market dynamics, and regulatory changes. Community Impact: Banks often play a significant role in their communities through various initiatives such as financial literacy programs, charitable giving, and community development projects. Working for First Citizens Bank allows you to contribute to these efforts, fostering a sense of pride and fulfillment. Access to Financial Services: Depending on the position, employees may receive discounts or preferential treatment on banking products and services, such as loans, mortgages, or investment accounts. Work-Life Balance: While the banking industry can be demanding, many positions within banks offer decent work-life balance compared to other industries like consulting or law. First Citizens Bank likely promotes work-life balance to maintain employee satisfaction and well-being. Prestige and Reputation: First Citizens Bank, being an established and reputable financial institution, may offer employees a sense of pride and prestige associated with working for a well-known brand in the banking industry.

Cons

Limited career advancement options in certain markets and salary tends to be on the lower side compared to piers.

2.0
Mar 11, 2024
Recommend
CEO approval
Business Outlook

Pros

- I was able to keep my SVB salary - Fellow colleagues I work closely with are great to work with

Cons

- The work is slow and dry - Upper management is extremely toxic and has a micromanagement style of working - Don't feel included or appreciated in my work - Meetings, meetings, meetings - another point to why the culture is so poor and they just want control over you.

5.0
Feb 20, 2024
Recommend
CEO approval
Business Outlook

Pros

I’ve been here for a little over 2 years and have nearly doubled my pay in that time. It’s a “flat” company, which makes it easier to approach managers/superiors for advice and negotiations. It’s very possible to obtain raises and promotions, as long as you are showing promise and performing well. Good benefits, 6% matching 401(k) contributions AND an additional 3% annual contribution in Q1 of each year.

Cons

Some would say FCB has a more traditional mindset and culture when it comes to providing service and putting the customer first, which is great in many ways but can have some unlikeable side effects like the fact that we are expected to open the doors 5 minutes before our posted “open” time and leave the doors open 5 minutes past our posted “closing” time. It’s not a big deal but can be a little annoying when a customer walks in at 5:03 and we’re supposed to still assist them even though we all want to pack up and leave.

Viewing 103 - 105 of 340 Reviews

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