KeyBank reviews

3.6

58% would recommend to a friend

(3,510 total reviews)
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Chris Gorman

62% approve of CEO

52% positive business outlook

KeyBank has an employee rating of 3.6 out of 5 stars, based on 3,510 company reviews on Glassdoor which indicates that most employees have a good working experience there. The KeyBank employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

4K reviews
3.0
May 9, 2018

It just wasn't for me

Recommend
CEO approval
Business Outlook

Pros

I loved the people I worked with and am still friends with many of them today.

Cons

It was difficult to push products (credit cards, mortgages, accounts, etc) on people who clearly didn't need them. Putting people in a worse position just to make a sales goal.

2.0
Feb 28, 2018

High pressure sales

Recommend
CEO approval
Business Outlook

Pros

Local bank engaged within the communities they serve and as of late, they seem to be top in the market regarding offers for lending, deposits and new checking accounts. Benefits are great, especially the PTO and paid holidays. Most full time positions receive 4 weeks PTO from the start along with 10 or so paid holidays. Time off is very generous and that is about it for "pros."

Cons

The technology is very much out of date and the consolidation of some programs and other services is questionable. The consolidation of programs certainly does not make it any easier or convenient for customers. The online banking/mobile banking platform is still a far cry from other competitors that have much better online banking platforms. If you're in a sales role, such as a Personal Banker, then be prepared for high levels of stress to meet goals that seem impossible to meet and having to push the HelloWallet product on every customer. Even though some goals have been lowered in light of the Wells Fargo scandal, be prepared for high levels of stress to meet and exceed goals by the Area Retail Leader (ARL). In addition to the stressful sales environment, Personal Bankers should expect to also run a teller window more then they should. The staffing model is frustrating and should be a red flag when on the first day on the job you get an email from the retail branch executive explaining philosophy on the staffing models. Tellers are typically part time hours between 20 and 30. Lead tellers are typically full time. Part time tellers don't last long because they often find a better career elsewhere that offers more hours and benefits, leaving branches short on staff. Internal career opportunities are tough to come by. Internal careers are the typical "need to know someone" if you plan to apply for a job outside of retail banking regardless of your qualifications. Salary is below industry average for some sales roles; however, they recently raised the minimum wage for all positions for $15/hour. There is also a clear communication breakdown between some departments. If you're working loans, be prepared to fight tooth and nail to get anything through to the underwriters as trying to get a loan to the final approval status.

3.0
Jan 3, 2018

Changing for the worse sadly.

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

KeyBank is one of the most customer service oriented institutions I'd ever had the pleasure of working with. Customer satisfaction and proper product alignment was the main focus up until recently.

Cons

Unfortunately with recent hierarchy changes the newer managers are trying to conform the company to a Chase style of banking where the customer is only a number and quick selling as many unnecessary products as possible

Viewing 112 - 114 of 3,510 Reviews

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