WaFd Bank reviews

3.2

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 3.2 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
Jan 6, 2025

.

Recommend
CEO approval
Business Outlook

Pros

It's a smaller bank and they have a great vision/values. It could be a great place to work if you want to be in banking long-term - opportunities to move up in the company.

Cons

The pay is very low. When I interviewed, employees were expected to earn about $15-20k in bonuses, but they dropped the bonus structure 4 weeks after I got hired and instead raised my yearly salary by 1k, which didn't even come close to replacing the potential income I would have had. Because of that change, I could not stick with the company long term. I needed to make more money to provide for my family.

3.0
Dec 28, 2024

Good Until it Wasn't

Recommend
CEO approval
Business Outlook

Pros

Work from home for all back office staff, very reasonable health insurance plan, and some fun perks - Christmas party, opportunity for free tickets to events, and 6 month bonuses (although these are tied to stock price - do NOT let them tell you these are a part of your compensation, they can't be relied on)

Cons

Income does not keep up with inflation, and if you are a hard worker and overachiever you will be taken advantage of. While there are ERGs, they are brand new and many regional management teams are incredibly anti-diversity and inclusion. While there are wonderful individuals here, it is an incredibly conservative field and a bit behind the times overall. Use incredible caution if you are disabled, LGBTQ, or a young professional. HR as a whole is very unlikely to assist you. If you are unfairly or erroneously placed on a performance improvement plan, there is no recourse for clearing your name.

2.0
Nov 24, 2024

cheap

Recommend
CEO approval
Business Outlook

Pros

holiday party was nice and pretty

Cons

company was cheap towards it's employees. I doubt that has changed.

Viewing 250 - 252 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.