There are newer employer reviews for Washington Mutual

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 (more than a year)

Doesn't Recommend
Negative Outlook
No opinion of CEO
Doesn't Recommend
Negative Outlook
No opinion of CEO

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 Management

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.

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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 (more than 3 years)

    Recommends
    Neutral Outlook
    Disapproves of CEO
    Recommends
    Neutral Outlook
    Disapproves of CEO

    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 Management

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

  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 (more than 5 years)

    Doesn't Recommend
    No opinion of CEO
    Doesn't Recommend
    No opinion of CEO

    Pros

    It was a nice work environment, coworkers were great.

    Cons

    too much red tape and hard to get point across

    Advice to Management

    listen more to your reports.

There are newer employer reviews for Washington Mutual

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