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      WaFd Bank

      Engaged Employer

      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

      Ratings by category

      3.6

      Diversity & inclusion

      3.5

      Culture & values

      3.5

      Work/Life balance

      3.2

      Compensation and benefits

      3.1

      Senior management

      3.1

      Career opportunities

      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).

      Ratings by demographic groups

      Reviews by job title

      644 reviews
      2.0
      Aug 17, 2013

      I was not impressed with Washington Federals communication or organization.

      Operations specialist
      Recommend
      CEO approval
      Business Outlook

      Pros

      All upper level management employees I met were very friendly and nice. Their system for retaining employees sounded impressive, but I was not there long enough to experience the bonus system myself.

      Cons

      Substantial lack in communication to employees being acquired in a merger. Management seemed very disorganized, and at times even dishonest.

      2.0
      Aug 15, 2013

      Good place to get trained but move on quickly for better salary

      Customer service representative
      Recommend
      CEO approval
      Business Outlook

      Pros

      Work hours are Monday through Friday with no weekends. Retirement benefits are good, but watch out for bank administrator fees on your 401-k plan. If your bank is being acquired by this bank they will offer for you to stay, but in one their job positions and expect a serve pay cut.

      Cons

      Wages are terrible, barely above minimum wage. Turn over is an accepted part of their business philosophy from branch management down to the customer service reps; as everyone hired quickly becomes dissatisfied with the low wages and covering everyone else's job. Outdated systems and rigid old school corporate polices will eventually wear you down.

      4.0
      Mar 23, 2013

      Strong, Stable Company

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      Washington Federal has very strong management and core values that are apparent throughout the company. During the 2008 crisis, they were one of few banks that remained healthy and came out ahead due to their foresight in staying out of the sub-prime lending craze. WaFed has great people in its leadership positions who are very approachable and experienced. The bank has a conservative approach but it has proven to be quite beneficial over time. Additinoally, the atmosphere is great - the company is full of very nice people who are great to work with, and it is a relatively low stress environment.

      Cons

      The salary is generally not great (although the fringe benefits are above average) and they ask a lot of their employees - people tend to be stretched thin doing multiple duties. This has a lot of big-picture benefits for the bank as a whole, but I noticed that it started to wear on some people after a while.

      Viewing 631 - 633 of 644 Reviews
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      ReviewsWaFd Bank 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.