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It's a job, not a career

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - Personal Banker  in  Palo Alto, CA (US)
Former Employee - Personal Banker in Palo Alto, CA (US)

I worked at Washington Mutual full-time for more than a year

Pros

Despite some interesting growth opportunities, I'd call it a job and not a career. Decent pay, high turnover. Upper movement determined on office politics rather than merit. But I suppose that's true at many places.

Cons

Upper management pushes some questionable growth numbers. Is it possible for a small branch to open 100+ new accounts in a month? Definitely. Are those accounts really needed and necessary in a small community? Probably not.

Advice to ManagementAdvice

A mission statement should be a mission statement, not a PR device to brainwash employees and consumers alike into thinking poor money management, big fees, and behavior inconsistent with said mission statement.

Doesn't Recommend
Negative Outlook
No opinion of CEO

346 Other Employee Reviews for Washington Mutual (View Most Recent)

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  1.  

    It was a great experience while it lasted.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Financial Analyst  in  Seattle, WA (US)
    Former Employee - Senior Financial Analyst in Seattle, WA (US)

    I worked at Washington Mutual full-time for more than 3 years

    Pros

    I truly enjoyed my time at WaMu. I loved my team and the people I worked with, learned a lot, was challenged by the work I did and liked the company's culture.

    Cons

    Getting shut down by the FDIC and being devoured by JPMorgan was kind of a downer.

    Advice to ManagementAdvice

    Ignoring risk and lending out to anybody regardless of whether they can repay the loan isn't really a good business model.

    Recommends
    Neutral Outlook
    Disapproves of CEO
  2.  

    It was good while it lasted

    Former Employee - QA Analyst  in  Pleasanton, CA (US)
    Former Employee - QA Analyst in Pleasanton, CA (US)

    I worked at Washington Mutual full-time for more than 5 years

    Pros

    It was a nice work environment, coworkers were great.

    Cons

    too much red tape and hard to get point across

    Advice to ManagementAdvice

    listen more to your reports.

    Doesn't Recommend
    No opinion of CEO
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