So-so - Director of Service WaFd Bank Employee Review

3.0
Dec 12, 2014
Recommend
CEO approval
Business outlook

Pros

Good ethical, strong bank that is growing in an industry that could be described as "shaky" or "recovering" at best. If you show the initiative, they'll give you extra work to keep you busy.

Cons

They are frugal with a strong focus on being cost-efficient which prevents them from being on the cutting edge in regards to technology/systems.

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.

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