There are newer employer reviews for Comerica
There are newer employer reviews for Comerica

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Small bank feel

  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Vice President in Dallas, TX
Current Employee - Vice President in Dallas, TX

I have been working at Comerica full-time (More than a year)

Recommends
Positive Outlook
Recommends
Positive Outlook

Pros

Each office is run like a small bank so it doesn't feel micro-managed.
Great benefits
Good work/ life balance
Long-tenure of employees and promotions from within
Solid underwriting and common sense approach
Each deal is customized to the customer which provides for more opportunity

Cons

Somewhat hierachical structure beyond individual office
Formal culture that can tend to limit innovation
Somewhat slow to adopt new technologies

Advice to Management

Frequently assess processes/ initiatives to see if they are still relevant and ask for suggestions from employees who are on the front-lines. Less top-down approach and more bottom-up initiatives. Employees on the front lines are most aware of customer desires and competition.

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  1. Well run bank

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

    I worked at Comerica full-time (More than 8 years)

    Recommends
    Recommends

    Pros

    Management cares about employees, customers and shareholders. They tend to be pros who treat people fairly. Expectations for employees are reasonable, while everyone is expected to contribute the goals were reasonable relative to the resources and the market. Benefits are attractive and costs were reasonable.

    Cons

    Some bank systems need upgrading. The Bank did not invest in the latest IT hardware and software. The bank is slow to change and somewhat stodgy.

    Advice to Management

    Strengthen the retail side of the Bank. Put more emphasis on customer service and less on rigid compliance. Yes, compliance is important but a fully compliant bank without customers is still out of business.


  2. Not a bad company but terrible management.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Teller in San Mateo, CA
    Former Employee - Teller in San Mateo, CA

    I worked at Comerica full-time (More than 3 years)

    Recommends
    Negative Outlook
    Recommends
    Negative Outlook

    Pros

    Excellent pay scale when compared to other banks and low stress work enviroment.

    Cons

    Terrible peninsula management team. Never kept open lines of communications about their goals or expectations for the banking teams.

    Advice to Management

    Be more direct and open.


There are newer employer reviews for Comerica
There are newer employer reviews for Comerica

See Most Recent

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