Hit & Miss - Personal Banker WaFd Bank Employee Review

2.0
19 Oct 2017
Recommend
CEO approval
Business outlook

Pros

-Great place to get some experience in banking -Overall, the people within the branches are very kind, genuine people -Health benefits are decent -Set hours/Paid holidays/No weekend hours

Cons

-Very little training - the training provided is 80% through e-learning, 20% hands-on training (this has been true for all of the positions I have been in within the company). -Poor compensation - relies heavily on bonuses as justification for low pay, despite the fact that bonuses are not guaranteed to make up for low wages. -Long-standing policies regarding PTO/Vacation time are outdated and inconvenient for employees.

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WaFd Bank Response
8y
Thanks for your feedback. We are working on improving our training and technology to simplify the lives of our clients and colleagues. Have a wonderful holdiay season

Explore other reviews about WaFd Bank

5.0
18 Mar 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

The leadership at all levels is outstanding

Cons

No cons in the bank

2.0
28 May 2026
Recommend
CEO approval
Business outlook

Pros

Primarily remote work. Decent PTO after the 4th year.

Cons

Limited staffing and limiting overtime opportunities until the bitter end of potentially missing deadlines, which you are guilted into working. 2% "raise" every January and ZERO merit raises. Gutted profit sharing and profitability bonuses over time. Most recent bonus, which is tied to net profit after dividends, was given a result when the scale was never published. All previous bonuses had a floor-to-ceiling profit scale that showed the targets months in advance of the end of the bonus period.

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