The worst Bank to work for hands down! - Loan Coordinator WaFd Bank Employee Review

1.0
25 Dec 2016
Recommend
CEO approval
Business outlook

Pros

My manager was the only pro, but not enough to keep me there under the horrible conditions . Monday to Friday work week.

Cons

Really too many to count! There are big issues with this company and my complaints won't make a difference one way or the other, but that's why people leave this place as fast as they can! Most like me stay long enough to make their resumes look better and leave. There is super obvious favoritism and downright hostility to those who are not "favored".An HR person made my time there living hell as well as underwriting. You shouldn't be made to feel like the scum off someone's shoe for trying to learn your job or helping out others when you aren't busy. The training they provided for my job did not relate to what I actually had to do, but was told that they deemed me completely trained and if I had any compliance errors I would be written up. The pay is laughable and a slap in the face!! I was embarrassed to tell people I worked for this company, seriously.

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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