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Investors Bank

Acquired by Citizens

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Corporate - Anonymous employee Investors Bank Employee Review

2.0
Apr 24, 2016
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Work/life balance is not bad. Nobody really breathes down your neck. People are nice to work with and med/dental/401k is decent. PTO days need improvement however. If this is your very first job or your very last job this is the place for you. If you're in between, don't bother.

Cons

Prepare to be underpaid and work in an understaffed department (no matter where you are). Getting promotions and recognition for hard work is next to impossible. High attrition across the Bank b/c of low pay, no career development and greedy executive management. Extremely political work environment; unless you're connected through executive management or park a lot of money at the Bank you are replaceable. Favoritism/nepotism are rampant. Pretty much your quintessential "old school" banking establishment. Not a place for women or minorities. Lot of good people left b/c they couldn't take the low pay, politics and no career development and lack of leadership from executive management.

Explore other reviews about Investors Bank

5.0
Apr 7, 2022
Recommend
CEO approval
Business outlook

Pros

Get to support the department as a whole Get to know the team helping them on daily loan processing

Cons

Some work with Auditors but not always

3.0
Apr 16, 2014
Recommend
CEO approval
Business outlook

Pros

The parties and rallies are a lot of fun. They definitely know how to throw a party, the holiday parties have great food and open bar (yay). They definitely reward you for referrals that get closed and you even get a bonus when your branch a makes minimum, medium or maximum goals! The on boarding process is a great way for you to start. You get to meet a lot of great people from corporate; the CEO, CFO's introduce themselves and make you feel important to the company. You also get to meet new hires just like yours eve and establish new relationships. There's also a lot of movement; there's always new positions opening up. Hard work does get noticed. You get your benefits pretty quickly and you have vacation the first year you start. Investors also doesn't push you to be an annoying bank teller and sell yourself every single day. They expect you make your goals but still be personal with your customers.

Cons

Management definitely needs some more training. They are thrust into the company without learning the culture of the office and how things work. There's also a lot of rivalry between the managers and offices that are close by. They don't work well together. There is a lack of communication in the office and people aren't encouraged to speak out or listened to. Management talks amongst themselves when it comes to how things should be run, they don't consult any other employees. This makes you feel small and unimportant.

3
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