Does AnchorBank pay their employees well?

According to anonymously submitted Glassdoor reviews, AnchorBank employees rate their compensation and benefits as 3.2 out of 5. Find out more about salaries and benefits at AnchorBank. This rating has been stable over the past 12 months.

How satisfied are employees working at AnchorBank?

47% of AnchorBank employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated AnchorBank 3.5 out of 5 for work life balance, 3.0 for culture and values and 3.4 for career opportunities.

What are the top reviewed jobs at AnchorBank?

Customer Service Associate (2) , Customer Service Representative (2)

What are the pros of working at AnchorBank according to real employee reviews?

"There are a lot of really great people that work here and some are willing to help out." ((in 4 reviews)); "The employees of the retail branches are great." ((in 3 reviews))

What are the cons of working at AnchorBank according to real employee reviews?

"The pay is horrible for lower level jobs which leaves us with angry, unmotivated people in a lot of those positions." ((in 4 reviews)); "The business side of AnchorBank is a mess; Management is less than competent and do not treat their employees well" ((in 3 reviews))

What are employees saying about AnchorBank redundancies in 2026?

Explore Glassdoor’s employee reviews to understand what current and former employees are saying about AnchorBank redundancy and their outlook for job security at AnchorBank in 2026.

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AnchorBank

Acquired by Old National Bancorp

AnchorBank Reviews

3.4

47% would recommend to a friend

(36 total reviews)

Chris M. Bauer

72% approve of CEO

26% positive business outlook

Ratings by category

4.3

Diversity and inclusion

3.5

Work/Life balance

3.4

Career opportunities

3.2

Compensation and benefits

3.0

Culture and values

2.9

Senior management

AnchorBank has an employee rating of 3.4 out of 5 stars, based on 36 company reviews on Glassdoor which indicates that most employees have a good working experience there. The AnchorBank employee rating is in line with the average (within 1 standard deviation) for employers within the Finance industry (3.7 stars).

Reviews by job title

36 reviews

3.0

19 Feb 2024

Good place to start but not long term

Anonymous employee

Recommend

CEO approval

Business outlook

Pros

Great starting point in your career. Able to learn in multiple areas. Benefits.

Cons

Over worked and severely underpaid. Get ready to do the job of 3 people without any form of raise. Management dies not care about it employees. Unrealistic expectations.

2.0

19 Apr 2013

Need to be accountable

Customer service representative

Recommend

CEO approval

Business outlook

Pros

Nice environment with counter height chairs, easy to see outside, good security.

Cons

Supervisors are not held accountable for their behavior. Branches are spread out across state so and district managers spread thin.

2.0

21 Mar 2013

Only the least intelligent and deserving merit promotion

Collections assistant

Recommend

CEO approval

Business outlook

Pros

Downtown location, great food and happy hour selections. Business casual attire, allow tattoos, piercings and alternative hair colors. Pretty steady hours.

Cons

Management does not know basic policies, are very unprofessional and seem to be the least educated individuals. Intelligent workers are kept at entry level positions while their bosses take credit for their work.

Viewing 1 - 3 of 36 Reviews

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