OneWest Bank Reviews

Updated August 16, 2014
Updated August 16, 2014
106 Reviews

2.8
106 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
OneWest Bank President & CEO Joseph Otting
Joseph Otting
45 Ratings

Review Highlights

Pros
  • Nice work-life balance, no micromanagment (in 3 reviews)

  • Strong upper management with forward thinking vision (in 3 reviews)


Cons
  • Upper management operates with the idea that they can just hire anybody off the street to do your job (in 6 reviews)

  • Senior management is more impressed with themselves than focused on attracting business (in 5 reviews)

More Highlights

17 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Overall a great place to work and develop a career

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at OneWest Bank

    Pros

    Flexible with vacation, fair compensation, fair promotions, and everyone is really nice to one another at the workplace and are more than willing to help each other out

    Cons

    Some of the work is not very engaging. Some days are much slower than others. Still somewhat in "start up mode"

    Advice to ManagementAdvice

    Create more training programs for employees. Make clear the goals of the organization in both the short and long term.

  2.  

    Slow to change

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Auction Manager  in  Pasadena, CA
    Former Employee - Auction Manager in Pasadena, CA

    I worked at OneWest Bank full-time for more than a year

    Pros

    Good work/life balance, flexible hours, fair salary.

    Cons

    Poor training, over the top managers

    Advice to ManagementAdvice

    Better training

    Recommends
    Positive Outlook
  3.  

    Tons of opportunity in a bank that truly cares about their customers and following the rules!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at OneWest Bank full-time for more than 5 years

    Pros

    Great benefits. Strong upper management with forward thinking vision. The company knows where it wants to go and is heading in the correct direction.

    Cons

    Some situations are handled with more fire-drill type reaction rather than being pro-active. Recent downsizing/switching business focus have left the work environment unstable with high tension.

    Advice to ManagementAdvice

    Make it easier to ensure the best people are in the job rather than the political choice.

    Recommends
    Negative Outlook
    Approves of CEO
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  5.  

    Descent company in the banking industry

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Teller Lead  in  Pasadena, CA
    Current Employee - Teller Lead in Pasadena, CA

    I have been working at OneWest Bank full-time for more than a year

    Pros

    -Lots of direct support from your upper management since there is a small staff
    -Training in HQ is always a positive experience
    -Opportunity to move up
    -Lots of interaction with Regionals & VPs
    -Positive enviornment
    -Back Ops team is incredibly patient and helpful

    Cons

    -Standards are sometimes vague and questionable
    -Probably the only bank that does not have evnvelope free ATMs
    -Bonuses should be structed individually instead of being based by branch deposit growth

    Advice to ManagementAdvice

    N/A

    Recommends
    Neutral Outlook
    Approves of CEO
  6.  

    work

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at OneWest Bank

    Pros

    work is ethical. Would recommend

    Cons

    clients can be exhausting. Really have to elaborate.

  7.  

    company sold...

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Underwriter  in  Austin, TX
    Former Employee - Underwriter in Austin, TX

    I worked at OneWest Bank full-time for more than 3 years

    Pros

    I really enjoyed my job, and most of the management as well. Great opportunity for advancement.

    Cons

    As other reviewers stated, there was a lot of favoritism. The biggest "con" is that the company sold their loans, and reverted to outsourcing. This led to a company wide lay off, which was very disappointing.

    Advice to ManagementAdvice

    Not much to give, as only a few managers left until the finalization of the lay offs. Previously, I would have suggested to offer more training to the customer service reps, and further training to most managers. A lot of them depended on tenured employees for answers.

    No opinion of CEO
  8.  

    Great environment at the branch, somewhat lacking at corporate

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at OneWest Bank full-time for more than a year

    Pros

    Some of the best people I have worked with and some of the best clientele I have dealt with. The company provides the opportunity to connect with the clients on a personal level and earn their business, as opposed to just sell them stuff. I enjoy my position, in my location. It may differ slightly elsewhere however.

    Cons

    Lack of direct support from the corporate level, commissions are capped and they are payed quarterly, low hourly salary wage compared to other companies such as Citi and Wells Fargo for Personal Bankers.

    Advice to ManagementAdvice

    Increase hourly wages and offer more sales support and offer more tools to the branches to make sales

    Recommends
    Neutral Outlook
    Approves of CEO
  9.  

    Great place to work but now downsizing.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Austin, TX
    Current Employee - Anonymous Employee in Austin, TX

    I have been working at OneWest Bank full-time for more than 5 years

    Pros

    OWB has been a great place to work.

    Cons

    Division assets sold, jobs on the decline or already eliminated

    Approves of CEO
  10.  

    Decent place to make money while obtaining skills

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Bankruptcy  in  Austin, TX
    Former Employee - Bankruptcy in Austin, TX

    I worked at OneWest Bank full-time for more than 3 years

    Pros

    Co-Workers, room for advancement, casual.

    Cons

    Top management, unaware of the reality of the departments

    Recommends
    Negative Outlook
    Disapproves of CEO
  11.  

    Enjoyable place to work.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Investor Reporting Analyst II  in  Pasadena, CA
    Current Employee - Investor Reporting Analyst II in Pasadena, CA

    I have been working at OneWest Bank full-time for more than 5 years

    Pros

    There is good pay and benefits.

    Cons

    Bank will be sold in the near future so jobs may be eliminated

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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