Third Federal Savings and Loan Association

www.thirdfederal.com

Third Federal Savings and Loan Association Reviews

Updated January 11, 2015
Updated January 11, 2015
11 Reviews
4.0
11 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Third Federal Savings and Loan Association Chairman, President, and CEO Marc A. Stefanski
Marc A. Stefanski
5 Ratings

5 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1. 1 person found this helpful  

    Good solid company that thinks of it's associates

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

    I have been working at Third Federal Savings and Loan Association full-time

    Pros

    Good people. Solid benefits. CEO who cares about the company and the people that work there. You feel comfortable knowing that you are not going to get laid off at the drop of the hat or to satisfy shareholders. If you bring new ideas to the table generally are going to be well received ( maybe slow to implement but open to the ideas). Strong value system that is part of how business decisions are made. Customers are the focus. We have fun at work. Very good work/life balance.

    Cons

    Some of the associates need to open their minds to change. It is not 1980 anymore. Some have a sense of entitlement and have a warped interpretation of the value system. Not a ton of growth opportunity because of company size but if you are good the opportunities will appear. Some old ways of thinking with time card management with exempt staff. Sometimes slow to remove poor performers including some of those in management positions.

    Advice to ManagementAdvice

    Continue to live the value system. Allow for quicker reallocation of poor performers. While it is good to try strive to an everyone is equal philosophy there are different expectations for professional staff and different time commitments, allow for some flexibility with that. Overall though, keep doing what you are doing.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Great Employer

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Bank Teller in Mentor, OH
    Former Employee - Bank Teller in Mentor, OH

    I worked at Third Federal Savings and Loan Association part-time (less than a year)

    Pros

    Great place to work. Good benefits for full time employees. Great company morale and values. Great CEO. Enjoyable group of employees.

    Cons

    My branch often partook in gossip

    Advice to ManagementAdvice

    manage branch morale.

    Recommends
    Neutral Outlook
    Approves of CEO
  3.  

    Summer Analyst at Third Federal

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Summer Analyst in Cleveland, OH
    Former Employee - Summer Analyst in Cleveland, OH

    I worked at Third Federal Savings and Loan Association as an intern (less than a year)

    Pros

    Great work-life balance
    The people are awesome, and very friendly
    Low pressure environment, where everyone is working together to benefit the entire company

    Cons

    Limited mobility after the job itself, and within the company
    Lack of difficulty, often times doing elementary things
    Boring at times, definitely utilized the internet a good deal

    Advice to ManagementAdvice

    Keep doing your thing
    Continue providing incentives for associates

    Recommends
    Positive Outlook
    Approves of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5.  

    Loved working here

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Loan Officer in Cleveland, OH
    Former Employee - Loan Officer in Cleveland, OH

    I worked at Third Federal Savings and Loan Association full-time (more than 5 years)

    Pros

    Family oriented. Managers truly care. Great Benefits. They promote growth.

    Cons

    dealing with customers if you work at branch

    Recommends
    Positive Outlook
  6.  

    It's been great!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Customer Service Representative IV in Plantation, FL
    Current Employee - Customer Service Representative IV in Plantation, FL

    I have been working at Third Federal Savings and Loan Association

    Pros

    It's easy going, we are not commissioned so there is no need to push a customer into something they don't want or need. We have no individual sales goals. The communication between the corporate office and the associates is done electronically and is up to date. The company really believes that their associates should have a family life and also fun at work!! Still gives bonuses in these low ecomomic times.

    Cons

    Some of the new managers really think highly of themselves, and act like it, even though they don't know any more than some of the people working under them. The company should take much more time in finding the right branch managers, people who know how to manage people not just paper, instead of looking at diversity or age. The health insurance is sub-standard and expensive.

    Advice to ManagementAdvice

    Start to take a closer look at how many of your associates are on the internet and cell phones all day long.

    Recommends

Work at Third Federal Savings and Loan Association? Share Your Experiences

Third Federal Savings and Loan Association

 
Click to Rate
or

Your response will be removed from the review – this cannot be undone.