Guaranty Bank reviews

2.9

39% would recommend to a friend

(257 total reviews)

Doug Levy

55% approve of CEO

26% positive business outlook

Guaranty Bank has an employee rating of 2.9 out of 5 stars, based on 257 company reviews on Glassdoor which indicates that most employees have an average working experience there. The Guaranty Bank employee rating is 22% below average for employers within the Financial Services industry (3.7 stars).

Reviews by job title

257 reviews
1.0
Mar 28, 2014

Great Coworkers

Recommend
CEO approval
Business Outlook

Pros

Very fun place to work, if you're working with the right people. Training is very laid back, the trainers were easy to get along with.

Cons

Unrealistic goals set for you by corporate. I worked in a slow branch that was expected to open more than 30 accounts in a month. Nearly impossible if Guaranty Bank is for the hard working family and they place a branch in an upscale part of town. You are basically an over glorified teller at this bank as a personal banker. No responsibilities other than calling your branch support to do your work for you.

2.0
Feb 10, 2014
Recommend
CEO approval
Business Outlook

Pros

Friendly coworkers, chance to meet some very nice and some very interesting customers, if you're a good sales person, you'll be a great fit

Cons

They claim to care about customers above all else, but really all they care about is sales. If you don't meets your sales goal for so many consecutive months, you can never move up in position and could potentially get let go. No one seems to know the "formula" for how commission is paid and you only get paid if you meet/exceed your goal. They don't offer any loans. Everyone in the branch does all jobs, there's no one in an office that specializes in solving customer issues or opening accounts. No matter how small a check is, there is a hold til at least the next day. You have to call on any check over a certain dollar amount to verify it was issued.

1.0
Aug 12, 2013

I worked at Guaranty Bank...and NEVER will I EVER again

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

I found no pros of working at Guaranty Bank in 3 years. My last day was the happiest I had in my tenure with the company.

Cons

Poor compensation and benefits Managers/departments who 'pass the buck' - no one claims responsibility Zero opportunity for career growth - 'promotions' are all lateral changes Poor work/life balance - controlling your off the clock hours (i.e. lunch); not allowed to associate with co-workers offhours High turnover particularly with mid-level to upper level management team

Viewing 67 - 69 of 257 Reviews

Glassdoor has 258 Guaranty Bank reviews submitted anonymously by Guaranty Bank employees. Read employee reviews and ratings on Glassdoor to decide if Guaranty Bank is right for you.