Bank of America
3.2 of 5 5,431 reviews
www.bankofamerica.com Charlotte, NC 5000+ Employees

Bank of America Reviews in Chicago, IL

Updated Apr 18, 2014
All Employees Current Employees Only

3.0 146 reviews

                             

67% Approve of the CEO

Bank of America President & CEO Brian T. Moynihan

Brian T. Moynihan

(58 ratings)

61% of employees recommend this company to a friend
146 Employee Reviews Back to all reviews
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If I can change back the hands of time

Wholesale Lockbox (Former Employee)
Chicago, IL

I worked at Bank of America full-time for more than 10 years

ProsI just loved the job and the people the company cared

ConsI have one that I was laid off in 2011

Advice to Senior ManagementI would love to come back to work to be that slam dunk team player I was there

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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So far, so good

Operations Analyst (Current Employee)
Chicago, IL

I have been working at Bank of America full-time for less than a year

ProsNetworking opportunities, ability to climb ladder, ability to maintain work/life balance

ConsFeel like a small fish in an ocean of employees

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Great work life balance

Software Developer (Current Employee)
Chicago, IL

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

ProsFlexible hours and work-from-home arrangements. Relatively easy to move to different projects and teams. There are many interesting technical problems to work on.

ConsA lot of red tape and bureaucracy. It can take a long time to get things done. Poor performers are kept around. Compensation and benefits aren't terrible, but they're also not great.

Advice to Senior ManagementReward your best people more, and aggressively replace the worst performers.

Yes, I would recommend this company to a friend

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Get to meet a lot of new people but they require too much for paying so little.

Teller (Former Employee)
Hinsdale, IL

I worked at Bank of America part-time for more than 3 years

ProsThey have a lot of great benefits. As a student working part time they reimburse you for going to school. While the reimbursement process is a huge hassle, you can get a lot of your tuition bills paid off. I collected over $7000 in tuition reimbursement. I was very satisfied. You also get to meet a lot of different people. I still keep in touch with some associates with the bank and it has helped me secure other opportunities.

ConsA lot of micro managing. Management keeps asking the lower end of the retail stores to do more than what should be required. For example, they are totally trying to get rid of their bankers so they are forcing the tellers to learn how to open accounts, close accounts, create wire transfers, etc. That simply is not a teller's job. They are also trying to eliminate tellers. As a teller I was required to tell the customers about our ATM's which can do deposits, withdrawals, etc. So basically I was getting paid to tell customers not to use tellers for their transactions but to use the ATM.

Advice to Senior Managementdont micro manage

Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

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Big Dreams, Small Excution

Vice President (Former Employee)
Chicago, IL

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

Pros1. Good team environments.
2. Fantastic immediate Superiors.
3. Competitive Pay Structure

Cons1. Lack of Comprehensive Training
2. Confusing Corporate Structure
3. Lack of Focus

Advice to Senior ManagementTraining, Training, Training!

Yes, I would recommend this company to a friend

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Good Compay

Teller (Current Employee)
Lake Forest, IL

I have been working at Bank of America part-time for more than a year

ProsGREAT opportunities, salary and schedule!!

Consno full time for tellers

Yes, I would recommend this company to a friend

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good

Teller (Current Employee)
Chicago, IL

I have been working at Bank of America part-time for less than a year

Prosgood pay and benefits that the company give you when you work for them

Conslong hours that you work while standing and carrying heavy coin bags around the bank

Yes, I would recommend this company to a friend

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Retail and Hospitality management backgrounds can excel here.

Personal Banker (Current Employee)
Bolingbrook, IL

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

ProsSome of the best family oriented reimbursement programs.

ConsHave noticed favoritism when applying up within same market.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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High pressure, low integrity kind of job.

Sales and Service Specialist (Former Employee)
Naperville, IL

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

ProsPay was pretty good and the benefits were great. Schedule was only kind of flexible as long as you weren't asking for much.

ConsCorporate greed at its finest, If you decided to check your soul at the door, you could be successful. There is no room for morale integrity here.

Advice to Senior ManagementOpen up a bible.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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Slave Labor

Treasury Analyst (Former Employee)
Chicago, IL

I worked at Bank of America full-time for more than 5 years

ProsIts a job. Gain experience and then leave

ConsOver worked, under paid, horrible work environment, history of racism,

Advice to Senior ManagementTreat your employee's with respect, reward them for their hard work, treat everyone equally

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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Glassdoor is your free inside look at Bank of America reviews and ratings in Chicago, IL — including employee satisfaction and approval rating for Bank of America CEO Brian T. Moynihan. All 146 reviews posted anonymously by Bank of America employees.