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
2.0
Feb 5, 2021

Not worth the headache

Recommend
CEO approval
Business Outlook

Pros

Good health insurance and free soda

Cons

The BSA team is undermanned and is constantly in a stat of chaos. The managers are good but they are constantly overruled and ignored by their leadership. The schedule for completing assignments is unreasonable and many people end up working up to 60 hours per week. Many of the experienced and certified analysts left for banks and other financial institutions where they're treated with respect.

avatar
WaFd Bank Response
5y
Thank you for your feedback and I am sorry to hear of your negative experience. The BSA team has been working incredible hard and is doing an amazing job. I wish you all the best in your future
2.0
Dec 28, 2017

Low Performance Low Trust

Recommend
CEO approval
Business Outlook

Pros

Consistent hours, helping customers with a vary niche product (Custom Construction Loan).

Cons

Management, culture, technology, training, pay, benefits. The workplace and the DM I reported to displayed cynicism, paranoia and self-interest. The culture in the NO area was toxic because of the in-fighting, fragmentation and failure to develop relationships and show any measure of caring about the "employees." Extremely high turnover in people because of this culture. Beware.

avatar
WaFd Bank Response
8y
Thank you for the feedback we wish you all the best. We are taking action to address you cons.
2.0
Feb 12, 2016

If you must....

Recommend
CEO approval
Business Outlook

Pros

If you love seeing new faces, this is a great career for you, because your co workers will be constantly changing, mainly due to better job opportunities, higher pay or general low moral. Don't expect much in the way of training, mainly because why train employees when turn over is over 70% (a number from HR). The largest pro is that you will have something to do from 8:30-5pm Monday through Friday just incase you were thinking to yourself, man what can I do for those long hours. The next best pro is that you will have access to a nice black and white copier/scanner, which is super convenient when job hunting. The final thing is that you will get to read nice glossy reports of the companies success record income followed by record income, while all the time staring at your own miserably pitiful pay check, which it is debatable whether the guy flipping burgers is making more than you or not.

Cons

Largest con is that there is no one at the helm, the corporate giant doesn't really care about you. What is the point of a great work life balance if you have to work 2 jobs to make ends meet? This is a great opportunity for people who are looking for a job while their bread winning spouse brings home the bacon.

Viewing 13 - 15 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.