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
5.0
Dec 27, 2017

It's The People Who Make The Difference!

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Washington Federal has the greatest culture and people in the industry!

Cons

The only real downsides are pay and inability to work remotely.

avatar
WaFd Bank Response
8y
Thank you for recognizing the benefits, I agree they are incredible. As you noted we are making changes in base pay to address the needs of our employees. I am excited to see where the future can take us. Our team creates the culture everyday and that is what will make us great.
4.0
Dec 6, 2017

No place is perfect.

Recommend
CEO approval
Business Outlook

Pros

Excellent 401K and good benefits. Holidays, vacation and sick on par with other institutions. There are rewards if you work hard consistently and put in the time and energy. You're only as good as YOUR work ethic. I love that we have an engaged, excited CEO who actually takes the time to read Glassdoor reviews and replies! Don't think you'll find that at the Big Box Banks. Great job Brent! Good culture but see note under Advice to Management.

Cons

We all know our training program is lacking. And I'm not sure the new pay scales work. I've had positions for months and I can't get quality people because of the pay. I pitch total compensation like a pro (because I do believe in it) but I still can't get the right people in the right roles; which is key to success. Perhaps loosen the reins a bit and let DM/RP's have more control? If we have a great candidate, let's make it work. Too many times I've had to "settle" on staffing to cover the branch needs and frankly, that never works out. Which is the flip side of not investing up-front: higher turn over which increase costs of training, hurts production and overall client satisfaction. I know there's no magic answer though.

avatar
WaFd Bank Response
8y
The saying goes culture eats strategy for lunch! I think you are spot on. Thanks for the feedback and thank you for making WAFD stand out. Our people are the difference. I called this out in our annual report to shareholders and that is one of the key reasons I am so excited. We have great people, that really look after serving their clients as well as they can. Our formula is simple happy employees + happy clients = happy shareholders. We are far from perfect. Training and compensation are two areas we are focused on. If we have a great candidate and you can't make it happen with your DM/RP, call me
4.0
Oct 29, 2017

Branch Manager

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Good place to work. Great people. Still has that personal feeling you don't feel like you are working for a bigger company. There is a bonus period that the branch strives to achieve The hours are great no weekends and closed on holidays.

Cons

I have to agree with other reviews the rate of pay is low. The benefits don't out way the low pay. The bonus I mentioned above is a nice attempt to give you the feeling of making more money. Makes it difficult to attract talented people for an entry level position.

avatar
WaFd Bank Response
8y
Thank you for your feedback. I feel like we are making strides to recognize the top performers and to provide better training and career paths. The cookies were not intended to be a bonus, but just a nice thank you gesture. My door is also open if you would like to discuss. Thank you and have a wonderful holiday season
Viewing 136 - 138 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.