Failing Community Bank - Technology Manager Five Star Bank Employee Review

1.0
20 Aug 2023
Recommend
CEO approval
Business outlook

Pros

Opportunity to work with executive management

Cons

Five Star Bank has cheaper out on technology for decades, and has finally come to the point where they are so far behind the rest of the industry that they have no choice but to pour money into their tech space. They have brought on new senior management that is clueless to how a community bank functions and completely disregards any risk or regulatory ethics. This bank will surely fail in no time.

Explore other reviews about Five Star Bank

5.0
13 Jun 2024
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

- Great benefits - Hybrid schedule - Inspiring Leadership Team - Trusted Managers - Training and Development Opportunities - Room for Growth

Cons

- Pay could be more competitive - High turnover

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Five Star Bank Response
1y
Thank you for highlighting our benefits! We're glad to know these aspects are making a positive impact on your experience working with us. We strive to offer a comprehensive benefits package and support work-life balance for all our associates. We're delighted to hear your positive feedback on our leadership team. We are committed to fostering a supportive, inclusive and rewarding work environment.
3.0
19 Nov 2025
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Some good folks to work with. Lots of volunteer opportunities and time allotted to volunteer.

Cons

Leadership recently pushing for return to office. Also “strongly urging” (forced) all employees to have a bank account here and told if you didn’t, that you would not be considered for future banking officer consideration. Senior leadership seems out of touch with lower lever staff. Often discussing their vacations, boats, etc when these are things some staff are not able to afford with current salary.

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