WaFd Bank reviews

3.3

49% would recommend to a friend

(644 total reviews)
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Brent Beardall

63% approve of CEO

41% positive business outlook

WaFd Bank has an employee rating of 3.3 out of 5 stars, based on 644 company reviews on Glassdoor which indicates that most employees have a good working experience there. The WaFd Bank employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.6 stars).

Reviews by job title

644 reviews
1.0
Jul 24, 2016

No longer a community bank

Recommend
CEO approval
Business Outlook

Pros

The footprint is ever expanding and turnover is high, so there will always be positions available for people seeking work.

Cons

This used to be a company that took pride in being a community bank. It used to take pride in its "common sense lending" and embrace its strength as a portfolio lender, but I don't see that the focus is on community lending as much as valuing its commercial lending. I don't see a lot of "common sense" any more. The company is no longer embracing what made it unique and is, instead, trying to be like everybody else... And let me tell you, as late as we are coming to that party, I don't see how we can possibly succeed on that path. This used to be a company that if you could survive the low pay you could actually make a career here without having to be an executive. It was a company where you put up with the crappy pay because you believed in the promise, the integrity that the company stood for. That's not the case any longer. Not only is the sense of integrity gone but the company has proven time and again that it doesn't care about the people who put their own integrity behind it. It feels like they are trying to get rid of the people who try to hold them accountable to the values they claim to stand for. All over the country people are being asked to do three and four people's jobs for a single job's salary, I'm sure, so this probably isn't unique. It's just disheartening to know that if you came in from off the street you would not only be offered a higher salary but also have less expectations of being able to take on task after additional task. Clearly, there are those of us who are very competent. Why don't you pay us at least as much as someone who may or may not ever prove to be competent? We have invested in you. Why won't you invest in us?

1.0
May 19, 2016

Everyone is quitting !!!!

Recommend
CEO approval
Business Outlook

Pros

Did you honestly expect THIS much turn over? What motivates us? Why is moral so low? When it takes over an hour to help two clients because your system is just that slow. Clients think we don't know what we are doing and are loosing confidence in us. We have no efficiency. Finally we receive an alert for " latency ". Well aware!

Cons

Here is a division event, but don't say anything...because other divisions aren't getting one and we wanted to boost moral. Save that money and give us a better raise. I was told our insurance is going up again next year. Fantastic

1.0
Mar 10, 2016

Branch Manager

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Independence of time and staff training, community out reach. That's all I can think of right now. I need to type more to make the 20 word minimum.

Cons

Really bad change management with new technology, slow computers that don't match the new technology capacity demands, horrible training deck and on-boarding, and a lot of "they and the company" in conversation instead of "we".

Viewing 40 - 42 of 644 Reviews

Glassdoor has 658 WaFd Bank reviews submitted anonymously by WaFd Bank employees. Read employee reviews and ratings on Glassdoor to decide if WaFd Bank is right for you.