WaFd Bank reviews

3.3

49% would recommend to a friend

(644 total reviews)
avatar

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
3.0
Feb 10, 2013
Recommend
CEO approval
Business Outlook

Pros

As a CSR it was one of the easiest jobs ever. Very few duties, just about no one comes in the door so there is little customer interaction. If you wan't a chill, easy going atmosphere and don't care about pay, this is for you. They offer many advancement opportunities available within company, but they don't pay much. The employee benefits offered are pretty good and competitive.

Cons

The pay is terrible. This bank tries to appeal to very conservative people and is equally so when it comes to paying its employees. Unless you are in management or corporate(which I doubt pays that much with this company) you are only going to get between 10-14 an hour for various branch positions. No commission paid for lending so no incentive there either. Another major Con is that the bank is extremely outdated with its products. You will have a hard time recommending this bank to even your family as they don't offer much of anything besides home loans. People you will work with are generally ultra conservative and will let that be known.

3.0
Nov 1, 2012

Good people to work with

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great environment where people are nice, friendly and helpful.

Cons

Salary is way below average...no advancement in your department

5.0
Mar 7, 2012
Recommend
CEO approval
Business Outlook

Pros

Washington Federal is a great place to work. All employees are treated with respect. Low turnover is proven by the fact that many of the employees have been there a long time. The company does not believe in product pushing. Excellent products and services make it easy to sell the bank as a "small town bank that cares". I have a lot of pride working for Washington Federal. Great retirement plan and decent health benefits. Great hours with NO weekends/evenings. The sales bonus plan is great and all-inclusive meaning just about everyone benefits when the bank is profitable. Historically has been very profitable and rated one of the very best banks in the country. Not the typical political BS that comes with working for a big bank. Absolutely love working for Washington Federal!!!

Cons

Base salary is below market. Significantly below market, in fact. Good retirement and bonus plan make up for it somewhat. Many processes and procedures are very dated. Technology is seriously lacking, but improvements have been made in the last couple of years. Advancement opportunities appear limited.

Viewing 625 - 627 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.