Overall good company but definitely flawed in some areas - Mortgage Loan Coordinator WaFd Bank Employee Review

3.0
Mar 31, 2014
Recommend
CEO approval
Business outlook

Pros

Fun co-workers, pleasant work environment, low stress at branch level, weekends off, good bonus opportunities

Cons

Salary is a slap in the face. Not a lot of recognition. High turnover due to low salary. People tend to use us for training, then go somewhere else with their newfound knowlege for higher pay.

Explore other reviews about WaFd Bank

5.0
Mar 18, 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

The leadership at all levels is outstanding

Cons

No cons in the bank

2.0
May 28, 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.

See reviews by: Helpful|Rating|Date|All