WaFd Bank reviews

3.2

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 3.2 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
Aug 9, 2017
Recommend
CEO approval
Business Outlook

Pros

The benefits are nice and holiday/sick time/vacation time is available immediately after hire which is a huge plus. The colleagues/Manager I work with in my branch is the only reason I'm still with this company. Working with my team makes it worth my while until I'm ready to further my career.

Cons

The continuous lack of communication between internal departments makes it a constant issue to keep policies/rule changes up to date. This bank has definitely changed a lot from my two years of working here and not for the good. Corporate decided that forcing all clients to change their "free checking" account into a fee-based account without letting the clients have a choice , only to have the outcome result in HUGE losses in client retention (big surprise). It evident that Corporate has no actual teller (face to face) interaction with the clients to see that making all these changes are NOT client friendly and still doesn't try to get branch feedback to help make any big changes that could help keep clients instead of chasing them away. A select few high producing branches and the Corporate branch in Seattle are only subject to bonus as all the other branches don't get a single penny, even for their hard work. That is something the higher ups have failed to make it more achievable for all the other branches who work just as hard. The banking program is not compatible with the computers they provide us at the branches so it's extremely frustrating when you're having to constantly apologize to clients for unacceptable delays in transactions or opening accounts because there are so many technical complications. I could go on and on but I'm sure by now you get my point.

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WaFd Bank Response
8y
Thanks for your advice, we have actually seen our checking account balances grow as a result of adding value added products that do come with a cost ($6). The vast majority of our clients have seen this as a bargain. I will look for ways to get more direct feedback from tellers. Best wishes on your future.
2.0
Aug 9, 2017
Recommend
CEO approval
Business Outlook

Pros

Benefits are good and that's it.

Cons

You do a lot of tasks that normally you wouldn't at another financial institution and get paid basically minimum wage to do tasks that are designed for a different position and above your title. Poor communication. Poor training, your training is you make a mistake and get yelled at for it. People within the company talk poorly about each other and creates a hostile or stressful atmosphere.

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WaFd Bank Response
8y
Thanks for your advice, we work hard to try to strike the balance of opportunities/challenges and keeping the work simple and understandable. I am sorry you found it frustrating and overwhelming. You are spot on in terms of training and we are working to change that. We wish you all the best in your future.
5.0
Aug 2, 2017
Recommend
CEO approval
Business Outlook

Pros

I love working here. The hours are great, I enjoy the people I work with, management is fantastic because they have a great sense of character, I learn something new almost everyday. Family comes first, which makes me want to work here even longer. Fantastic values, and you get holidays and weekends off!

Cons

Pay is low, lack of training for new employees

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WaFd Bank Response
8y
WE LOVE YOU. Thanks for posting. WAFD is a special place in large part because of our great people. At the end of the day, our staff is what will set us apart
Viewing 433 - 435 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.