Great...if you desperately need employment immediately. - Sales Associate IBC Bank Employee Review

2.0
Aug 19, 2012
Recommend
CEO approval
Business outlook

Pros

They are always hiring. Due largely in part to the fact that constant turnover is part of their business model. Their training classes are constantly pushing out new employees because they know they pay well below what is considered competitive wages.

Cons

They do offer incentives if you reach all your goals for each quarter. But if you miss even one of them, you get nothing. In fact, you can't even promote unless you meet all your sales goals. This goes for tellers as well. You can kick butt for three months, and at the end of the quarter, miss one goal and it's all for nothing. It's very discouraging. I was told from day one, that I would not have to do any cold sales....That is of course until I completed training and got to my branch. I was then informed that I was SOLELY responsible for contacting local businesses and creating new 'relationships'

Explore other reviews about IBC Bank

5.0
Mar 20, 2026
Recommend
CEO approval
Business outlook

Pros

IBC offers a fun, low stress environment. Management gets along well with frontline employees and always has celebrations for employees.

Cons

Could be low pay but it’s an entry level job and gives you the opportunity to move up.

1.0
Apr 22, 2026
Recommend
CEO approval
Business outlook

Pros

You could make really good friends....

Cons

GARBAGE pay for such a high-responsibility position. You’re doing way more than a regular teller, but the compensation does not reflect the workload at all. They advertise “competitive pay,” but every other bank in my area starts on average $4–$5 higher. The only “extra” compensation is micro bonuses for CC referrals, account openings (SALES ONLY — $7 per MAX POINT account), and JDP surveys, ranging from $25–$35 per successful one—good luck consistently hitting those. Be ready for long lines, nonstop pressure, and constant feedback about metrics and performance. It’s a high-stress environment that does not match the pay level. Once you’re cross-trained, expect to be doing the work of both a teller and a sales role while receiving none of the benefits of the sales point system that is supposedly used to justify the structure. Use this job as a stepping stone into banking, but don’t treat it as a long-term option—it’s not worth the stress. Across the industry and even locally, compensation is noticeably higher for similar or even less demanding roles. There’s no real rush or clear structure for advancement, but at least with the periodic mass layoffs used to cut costs and reset staffing back to lower pay levels, there’s technically opportunity to move up during turnover… (you still might be the one getting let go anyway).

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