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
1.0
Jan 29, 2024

Look Elsewhere

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

I wanted to like the company. They put forth initial training (more on that below). Rules, procedures, and policies were not codified in a manner which could easily be referenced. On-boarding with HR in Washington state was easy enough.

Cons

Training was online with one instructor who had a passion for teaching. The trouble was the lack of codification of rules, steps, policies, procedures, etc. One person left mid-way through the training after realizing it was a little too fluid. I was hired as a salaried employee; a week later was told I would be hourly. The insult was this was delivered via a generic email - not a conversation or heads-up from my supervisor. Spouses had to find healthcare elsewhere. Most of the work we conducted for due diligence was done through a shared spreadsheet (unsustainable for a growing bank). While working remote, I was told that I couldn't speak with my subordinates without having someone else on the phone (and this wasn't for a corrective measure - this was just checking in). The yellow flags were enough of a signal that I wasn't the right person for that position. This was almost 3 years ago. So I hope things have changed for the better. They wanted to be a big bank - but without investing in what big banks need to be successful.

5.0
Jan 24, 2024

Forward Looking

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Thoughtful leadership that values all stakeholders.

Cons

They reach for the stars and will still miss the moon.

5.0
Jan 16, 2024

Current AML/CFT employees

Recommend
CEO approval
Business Outlook

Pros

Working with the BSA department has been nothing but the best. Here at WAFD, we have the most caring, knowledgeable, hardworking AML Officer and leadership who not only ensures you have home work life balance but does encourage you to learn more and get as much as you can from the department as you can. No limit is to far when it comes to learning within the department as long as you are wanting to learn and grow it can be made possible. A great group of individuals who are willing to help and assist when needed as needed and an Officer and leadership who has a strong knowledge on the BSA/AML industry to help you grow in. I’ve felt the need to post a review as I’ve seen past reviews on this department and AML/CFT leadership that were false and negative as well as needing to touch base on reviews on over worked individuals. With that being said, some of the reviews mentioned that some of the individuals were over worked. Due to the economy and companies tightening their belts, this seems to be a common situation at most financial institutions and is not the fault of the AML/CFT leadership. Lastly, I just felt the need to post this review because I do love my job and working for WAFD bank as I want to pass the positive reviews on this department and leadership as they are extremely great to work for.

Cons

Not enough PTO for working individuals

Viewing 97 - 99 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.