Good company, if you don't care about the size of your paycheck. - Anonymous employee WaFd Bank Employee Review

3.0
3 Feb 2015
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

I work at an office with friendly people, and the work environment is fairly relaxed. I get a good amount of vacation time, and the insurance is affordable.

Cons

The pay is extremely low!! I am a CSR, (basically a bank teller), but I do more work along the lines of a personal banker, and I get paid horribly low for being with the company so many years. There is a severe lack of promotions within the company locally. I am at the bottom of the totem pole, but I seriously feel like I do more work than the Personal Banker and Branch Manager we have here. The pressure also falls on us to expand client relationships, and get new client relationships. The CSRs really carry a lot of work on their shoulders, but we are not compensated accordingly.

Explore other reviews about WaFd Bank

5.0
18 Mar 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

The leadership at all levels is outstanding

Cons

No cons in the bank

2.0
28 May 2026
Recommend
CEO approval
Business outlook

Pros

Primarily remote work. Decent PTO after the 4th year.

Cons

Limited staffing and limiting overtime opportunities until the bitter end of potentially missing deadlines, which you are guilted into working. 2% "raise" every January and ZERO merit raises. Gutted profit sharing and profitability bonuses over time. Most recent bonus, which is tied to net profit after dividends, was given a result when the scale was never published. All previous bonuses had a floor-to-ceiling profit scale that showed the targets months in advance of the end of the bonus period.

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