OneWest Bank

  www.owb.com
  www.owb.com

OneWest Bank Reviews

Updated December 3, 2014
Updated December 3, 2014
104 Reviews
2.9
104 Reviews
Rating Trends

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

Review Highlights

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

  • OneWest is a great place to learn and grow with promotional opportunites through out the Company (in 4 reviews)


Cons
  • Upper management seems hesitant to approve OT and promotions (in 7 reviews)

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

More Highlights

19 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Exciting, but uncertain times

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at OneWest Bank full-time (more than 3 years)

    Pros

    Good salary and great fellow employees. Awaiting regulatory approval of merger with CIT.

    Cons

    Bank terminated 85% of the employees in Austin and made those retained very uneasy about their future. Many executives jumping ship. Lost lots of good people.

    Advice to ManagementAdvice

    Make a decision about people left in Austin and deliver that message.

  2.  

    OneWest Bank was a fabulous company to work for, until they sold 95% of their mortgage servicing accounts.

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

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

    Pros

    People are great, location good

    Cons

    You don't know where the company is heading, moral is very low.

    Recommends
    Neutral Outlook
    No opinion of CEO
  3.  

    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.

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  5.  

    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 (more than an 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
  6.  

    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 (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
  7.  

    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 (more than an 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
  8.  

    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.

  9.  

    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 (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
  10.  

    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 (more than an 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
  11.  

    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 (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

OneWest Bank Photos

Bevo the Bull at Grand Opening

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