Wafd, has growing pains but potential is there - Anonymous employee WaFd Bank Employee Review

4.0
13 Mar 2021
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Great communicative & supportive teammates within your own department

Cons

So many manual processes! Turn around time on everything can be 24 hours or more.

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WaFd Bank Response
5y
Thank you for your comments, you are right on target. Automation of manual processes is all over our business plan. The good news, we have great employees and the technology is there to empower our teams to be more effective for our clients. More to come.

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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