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
2.0
Oct 30, 2016

Personal Banking Experience of 2 1/2 years

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Had a great team that worked well together. Had a great branch manager and district manager. Flexible hours. Overtime was great.

Cons

Poor communication from upper management. Upper management left my previous branch without a branch manager or a supervisor while previously knowing the lost of a leader. Hopes were given of growth within the branch and company then discontinued the branch manager and assistant position to benefit the branch and companies profitability. Very poor organization and management. Most questions asked to new regional manager could not return answers for 3-5 months. There are times important questions in emails and calls are not received for weeks and months but when someone gets a sale, an email from the regional manager is sent to everyone in seconds. The company lacks in hiring new employees to branches that only have a few, as in two, employees covering all the 10 hour shifts per day within the week, including weekends too, for branch profitability, causing help to needed from other employees who lives 1-2 hours away to cover. Sales incentives are extremely taxed along with any other bonus so sales goals are almost worthless. But again because of the shortage in many of the branches due to high turnover there are lots of hours for overtime. Where the employees who are parents needs to leave due to family emergencies, they are told," if you don't find coverage, then you can't leave. " You would think a fully staffed branch would be able to sacrafice one of their employees to let the other go.

1.0
Sep 16, 2016
Recommend
CEO approval
Business Outlook

Pros

Almost impossible to get fired. Human Resources is terrified of being sued or having someone collect unemployment. You can get away with anything. Management will try to come off threatening but HR will never pull the trigger. This means that you will work with a lot of lazy people who won't work as hard as you, show up late, leave early, call in, not hit their goals, and might even get promoted anyway because they are friends with someone.

Cons

Everything. The job is a joke. Management has no control. The sales pressure is too much. The products are designed to rip customers off. Co-workers seem to get promoted based on the wrong things. The worse you are, the quicker you move up. Regional Managers don't do anything to fix these or any other issues.

2.0
Aug 12, 2016
Recommend
CEO approval
Business Outlook

Pros

Easy job to get in to. For the most part your co workers are easy to get along with.

Cons

Promotions into management are based on sales not the capability to manage. Focus of company is on one product and doesn't have much to offer outside of the checking account. Incentive pay is a joke for the amount of work you're required to put in.

Viewing 13 - 15 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.