Washington Mutual Reviews

Updated July 10, 2014
Updated July 10, 2014
344 Reviews

4.0
344 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Washington Mutual Chairman & CEO JP Morgan Chase James Dimon
James Dimon
33 Ratings

Review Highlights

Pros
  • Good work/life balance, employees treated fairly, good company values, nice culture (in 39 reviews)

  • They offered great benefits and good supports for the families of employees (in 14 reviews)


Cons
  • Senior management was a mixed bag; lack of accountability at the highest levels (in 35 reviews)

  • Too many changes in upper management that disrupted the lower ranks - on a regular basis (in 15 reviews)

More Highlights

115 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    I loved the job, but it ended when the company sold to Chase.

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

    I worked at Washington Mutual full-time for more than 3 years

    Pros

    Good pay, good people, excellent work environment.

    Cons

    None, except they do not exists anymore.

    Advice to ManagementAdvice

    N/A. Washington Mutual does not exist anymore.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  2.  

    fun

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Washington Mutual

    Pros

    diverse environment with plenty of opportunities to move around. Great facilities and comparatively nice work environment

    Cons

    the company no longer exists. CEO's toupee not as awesome as The Don's. Although close second

  3.  

    Trader

    Former Employee - Trader  in  Seattle, WA
    Former Employee - Trader in Seattle, WA

    I worked at Washington Mutual full-time for more than 5 years

    Pros

    Highly motivated people, a lot of fun, and big salaries and great benefits. Flexibility to work at home. Nice cafe inside. Work hard and play hard environment.

    Cons

    After becoming acquired by JP Morgan everybody pretty much lost their jobs which is a huge bummer!

    Advice to ManagementAdvice

    Retain employees who can contribute to the greater organiztion

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
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  5.  

    Amazing family like environment until its demise

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

    I worked at Washington Mutual

    Pros

    Great benefits, excellent location, inspirational leaders (like Deanna Oppenheimer)

    Cons

    When Deanna O left for Barclay's, it seemed like the heart of WaMu went with her.

    Advice to ManagementAdvice

    Wish the company was still around

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  6.  

    Fun while it lasted

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

    I worked at Washington Mutual

    Pros

    great working conditions and people

    Cons

    hiring steve rotella going for the easy dollar did them in

    Advice to ManagementAdvice

    stick to what made you what you are and don't try too hard to be one of the big guys

    Disapproves of CEO
  7.  

    Washington Mutual was a great company to work for

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Manager - Finance  in  Seattle, WA
    Former Employee - Senior Manager - Finance in Seattle, WA

    I worked at Washington Mutual full-time for more than 8 years

    Pros

    Washington Mutual was a great place to work at. There was a great worklife balance most of the time, centrally located in Seattle, executive management who cared about the community and community funcations.

    Cons

    Lack of communication with employees

    Advice to ManagementAdvice

    Communicate with your employees before the press

    Recommends
    Negative Outlook
    No opinion of CEO
  8.  

    Culturally, one of the better ones

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

    I worked at Washington Mutual full-time for more than 3 years

    Pros

    Opportunities, culture, people. Major bank that was expanding rapidly and creating many job opportunities.

    Cons

    Too many changes in upper management that disrupted the lower ranks - on a regular basis.

    Recommends
    Negative Outlook
    Disapproves of CEO
  9.  

    Great career development opportunity

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Washington Mutual

    Pros

    Great development opportunities
    Meaningful work
    Fun environment
    Competitive benefits, perqs and pay

    Cons

    Too heavily focused on mortgage business
    Very sales centric - not balanced with risk management
    Many long-term employees were complacent and rode the wave up

  10.  

    Nice place but too much politics

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Fraud Investigator  in  Stockton, CA
    Former Employee - Fraud Investigator in Stockton, CA

    I worked at Washington Mutual full-time for more than 3 years

    Pros

    Benefits are great and they promote education

    Cons

    Politics don't belong in fraud area

    Advice to ManagementAdvice

    Micro management works in Customer Service not in Fraud

    Recommends
    Negative Outlook
    No opinion of CEO
  11. 1 person found this helpful  

    Company Review

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Associate General Counsel  in  Seattle, WA
    Current Employee - Associate General Counsel in Seattle, WA

    I have been working at Washington Mutual full-time for more than 8 years

    Pros

    Great people, great benefits, great job.

    Cons

    Extremely poor executive management who destroyed the Bank.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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