Washington Mutual

  www.wamu.com
  www.wamu.com
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Washington Mutual Reviews

Updated 26 September 2014
Updated 26 September 2014
348 Reviews
4.0
348 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Washington Mutual Chairman & CEO JP Morgan Chase James Dimon
James Dimon
34 Ratings

Review Highlights

Pros
  • Good work/life balance, employees treated fairly, good company values, nice culture (in 39 reviews)

  • They offered great benefits and good supports for the families of employees (in 14 reviews)


Cons
  • Senior management was a mixed bag; lack of accountability at the highest levels (in 35 reviews)

  • Too many changes in upper management that disrupted the lower ranks - on a regular basis (in 15 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    fun

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Washington Mutual

    Pros

    diverse environment with plenty of opportunities to move around. Great facilities and comparatively nice work environment

    Cons

    the company no longer exists. CEO's toupee not as awesome as The Don's. Although close second

  2.  

    Trader

    Former Employee - Trader  in  Seattle, WA (US)
    Former Employee - Trader in Seattle, WA (US)

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

    Pros

    Highly motivated people, a lot of fun, and big salaries and great benefits. Flexibility to work at home. Nice cafe inside. Work hard and play hard environment.

    Cons

    After becoming acquired by JP Morgan everybody pretty much lost their jobs which is a huge bummer!

    Advice to ManagementAdvice

    Retain employees who can contribute to the greater organiztion

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  3.  

    Amazing family like environment until its demise

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Washington Mutual

    Pros

    Great benefits, excellent location, inspirational leaders (like Deanna Oppenheimer)

    Cons

    When Deanna O left for Barclay's, it seemed like the heart of WaMu went with her.

    Advice to ManagementAdvice

    Wish the company was still around

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
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  5.  

    Fun while it lasted

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Washington Mutual

    Pros

    great working conditions and people

    Cons

    hiring steve rotella going for the easy dollar did them in

    Advice to ManagementAdvice

    stick to what made you what you are and don't try too hard to be one of the big guys

    Disapproves of CEO
  6.  

    Washington Mutual was a great company to work for

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

    I worked at Washington Mutual full-time for more than 8 years

    Pros

    Washington Mutual was a great place to work at. There was a great worklife balance most of the time, centrally located in Seattle, executive management who cared about the community and community funcations.

    Cons

    Lack of communication with employees

    Advice to ManagementAdvice

    Communicate with your employees before the press

    Recommends
    Negative Outlook
    No opinion of CEO
  7.  

    Great company to work for.

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

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

    Pros

    Excellent attention to employees and customers.

    Cons

    Unable to manage their business risks.

    Advice to ManagementAdvice

    Don't come back.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  8.  

    Great branch structure

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Personal Financial Representative  in  Brooklyn, NY (US)
    Former Employee - Personal Financial Representative in Brooklyn, NY (US)

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

    Pros

    Incentive is great in company

    Cons

    Low starting base salary. Could be higher

    Advice to ManagementAdvice

    Chase.....

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  9.  

    Culturally, one of the better ones

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

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

    Pros

    Opportunities, culture, people. Major bank that was expanding rapidly and creating many job opportunities.

    Cons

    Too many changes in upper management that disrupted the lower ranks - on a regular basis.

    Recommends
    Negative Outlook
    Disapproves of CEO
  10.  

    Branch Loan Officer

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Loan Officer  in  New York, NY (US)
    Former Employee - Loan Officer in New York, NY (US)

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

    Pros

    The company provided access to current mortgage holders

    Cons

    The Company didn't offer products for the areas in which the branches were located

    Advice to ManagementAdvice

    Have better products

    Doesn't Recommend
    Disapproves of CEO
  11.  

    Crazy but fun

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

    I worked at Washington Mutual full-time for more than 8 years

    Pros

    Lots of room to learn, plenty of opportunity. Lots of collaboration and the chance to work on completely new projects. I really enjoyed my time there, and learned a TON. Plenty of opportunity to work with senior management closely, if you were working on strategically aligned projects.

    Cons

    Absolutely crazy as everything crashed... no work/life balance, disregard for long term business reality in pursuit of short term immediate financial gain.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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