Cathay General Bancorp

  www.cathaybank.com
  www.cathaybank.com

Cathay General Bancorp Reviews

Updated October 26, 2014
Updated October 26, 2014
24 Reviews
3.0
24 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
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Dunson K. Cheng
4 Ratings

Employee Reviews

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  1.  

    traditional bank

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

    I have been working at Cathay General Bancorp full-time (more than an year)

    Pros

    someone branch is friendly,traditional, stable

    Cons

    deeply chinese traditional bank, old fashion, no room growth

    Advice to ManagementAdvice

    need more young perple

    Doesn't Recommend
    Neutral Outlook
  2.  

    It was good, but management needs to update itself

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Cathay General Bancorp

    Pros

    friendly place to learn entry job lessons

    Cons

    way too cash intensive at times

  3.  

    No culture whatsoever

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

    I have been working at Cathay General Bancorp full-time (more than an year)

    Pros

    fun meeting and chatting with customers.

    Cons

    employees aren't very friendly to each other, lot of people get the run around the bush. higher management seems to not care about employees at branches. there is zero culture - as in not a very lively environment. I felt dead there.

    Advice to ManagementAdvice

    inspire the employees, have better communication. I understand the rift between chinese and english speaking employees, it's natural, but seriously....

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
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  5.  

    Cathay Bank

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

    I have been working at Cathay General Bancorp full-time

    Pros

    Great Culture and great office (if you work at the headquarter in El Monte).
    Good place to work if you are a Chinese speaker.

    Cons

    Seniority tend to be overvalued. Top performers are not recognized and rewarded soon enough.
    Employee evaluations are often expedited by busy supervisors and are not accurate.
    Because of its aging community, coworkers are usually not open to change. Most of us still have office 2003 installed on our desktop. Training is unorganized but satisfactory.

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Relaxed with a family feel

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Bank Teller in Brooklyn, NY
    Current Employee - Bank Teller in Brooklyn, NY

    I have been working at Cathay General Bancorp part-time (less than an year)

    Pros

    Everyone is really helpful. The work itself is pretty easy, although as a teller i cannot comment on other facets of the bank.

    Cons

    Not much of a ladder to climb. Almost no exit opportunities or in house growth opportunities to speak of.

    Recommends
    Neutral Outlook
    No opinion of CEO
  7.  

    Good people, needs management training

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

    I worked at Cathay General Bancorp full-time (more than 3 years)

    Pros

    The bank provides a nice worklife balance, and I genuinely liked the people that I worked with. A lot of them are motivated, sharp, and down to earth.

    Cons

    Conflict management is an issue and it makes it difficult to get things done. Middle management and tenured employees will often say what yo uwant to hear but stick with the status quo. There needs to be more healthy conflict to spur change.

    Advice to ManagementAdvice

    Management needs to have more of a presence and lend its weight to important issues. Stand behind some causes and be more visible.

  8.  

    It was a good learning experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Operations Assistant in Rosemead, CA
    Former Employee - Operations Assistant in Rosemead, CA

    I worked at Cathay General Bancorp as a contractor (less than an year)

    Pros

    Got a basis on how a bank works on the operation level. Got a good understanding of different programs that banks use.

    Cons

    If you don't speak Chinese its hard to get promoted.

    Advice to ManagementAdvice

    Have more programs for entry level employees

    Doesn't Recommend
    Positive Outlook
  9.  

    Good if you know how to speak chinese

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee in Rosemead, CA
    Former Employee - Anonymous Employee in Rosemead, CA

    I worked at Cathay General Bancorp

    Pros

    Get to know about the banking business
    Co-workers are generally nice
    Lunch breaks and work breaks
    managers are competent in what they do

    Cons

    If you don't have a lot of banking experience and do not speak either Cantonese or Mandarin do not expect to excel with this company.

    Advice to ManagementAdvice

    Make more opportunities for entry level workers at the bank. Also fix or upgrade the office equipment ex. printers and scanners

  10. 2 people found this helpful  

    Stay away.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Assistant Vice President in El Monte, CA
    Current Employee - Assistant Vice President in El Monte, CA

    I have been working at Cathay General Bancorp

    Pros

    Some people are very smart. Over all a good asian bank.

    Cons

    Low pay and no appreciation from management.

    Advice to ManagementAdvice

    Get to know your people. Seniority means nothing .

    Doesn't Recommend
    Disapproves of CEO
  11. 3 people found this helpful  

    Chinese bank.......

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in El Monte, CA
    Current Employee - Anonymous Employee in El Monte, CA

    I have been working at Cathay General Bancorp

    Pros

    I do enjoy the annual bonus payout but it has decreased due to issues with that home mortgage loan mess and the downturn in the economy.

    Cons

    Maybe this is just me but the silence drives me nuts! In the department I work in, you can probably hear a mouse's fart. Yes, we are all suppose to be working and getting work done but where is the friendly chit-chat that keeps things interesting inside the office? Work drags even more in a dead-silent and boring environment. Also, being quite new in my position (just over a year), it's difficult for me to keep up. The manager tells me to feel free to ask for help but everyone always have their heads buried in their work. They don't take their mandatory breaks during the day and sometimes they eat their lunch at their desks and continue to work. It doesn't feel accommodating at all. I feel guilty every time I go to one of my peers for assistance. Oh, and I also don't like their training - "Take a look at last year's work, read the procedural manual and just read up on possible updates on the internet. If you need help, feel free to ask someone." BLEH!

    Advice to ManagementAdvice

    Put some life into the department please! I go some days saying less than 20 words, it's boring me to death! And definitely be more considerate of your new workers who have had zero experience in the kind of work you all do. Implementing a shadowing approach will do wonders for any new hires in the department.

    Doesn't Recommend

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