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 27, 2014

Sinking ship

Recommend
CEO approval
Business Outlook

Pros

Demanding and stressful environment, but you'll lose your fear of sales if you can stand the pressure. This will make your next job much more rewarding.

Cons

Tunnel vision. Bank relies on only fee income from overdrafts which is a dying income sector in the industry. It's just a matter of time until the bank is shut down. If they're lucky, another, better managed, institution will buy them just for the distribution.

3.0
Mar 21, 2014

Company Currently In Decline

Recommend
CEO approval
Business Outlook

Pros

If you don't mind sales its a pretty easy job if you can hit your numbers. Bank is only really focused on checking account growth which doesn't seem to be going that well currently but you're not really required to have advanced banking skills that other banks require like lending, investments, and insurance. Its more like a starter company for your banking career. Lots of turnover means lots of promotion opportunities as long as you can avoid leaving yourself.

Cons

Company has tunnel vision towards checking and checking fee revenue. Corporate and retail have a huge disconnect and almost seem against one another. Communication is horrible and incentives/reporting are not trusted by branch employees so a manager must always manage employee moral.

2.0
Mar 1, 2014

SALES SALES SALES

Recommend
CEO approval
Business Outlook

Pros

Fun people and in a MGR role you pretty much work what you want.

Cons

It's not about what you know its about who you know when getting promoted. The system is TERRIBLE and all they care about is sales. There is no consistency amongst branches or policies. Everyone does everything so there is no clarity around what your job description really is. Lack of professionalism and salary ranges on lower end compared to other financial institutions. Goals impossible to hit as a Branch Manager.

Viewing 19 - 21 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.