There are newer employer reviews for Mechanics Bank
There are newer employer reviews for Mechanics Bank

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Great company

  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Customer Service Representative in Concord, CA
Former Employee - Customer Service Representative in Concord, CA

I worked at Mechanics Bank part-time (More than 3 years)

Recommends
Positive Outlook
Approves of CEO
Recommends
Positive Outlook
Approves of CEO

Pros

Nice people, laid back atmosphere for a retail bank setting. Close knit group like a family. I really enjoyed working for this company and would recommend it to a friend.

Cons

There is little room for upward mobility. If you're not educated, you will have to put in many years before a significant promotion. I don't have many more bad things to say about the company.

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  1. Senior Operations Specialist in Wealth Management division

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

    I worked at Mechanics Bank full-time (More than 5 years)

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    Operations Specialist position in the Investment Management and Trust (IMT) department (under the Wealth Management division) offers reasonable working hours and steady income and benefits. Occasionally, the work can be pleasingly logical and methodical. Because the IMT department deals with estates and trusts, there is an additional, stimulating level of complexity that may not necessarily be found in retail banking.

    Cons

    Jobs at Mechanics Bank generally do not pay very well, and the Bank considers IMT Operations as just "an overhead department." Moreover, many of the generous benefits that ameliorated the low salaries -- such as fetterless educational reimbursement and especially a traditional pension (defined benefit) plan -- have been completely eliminated. Within Operations, performance review as well as professional development and promotion is extremely slow, especially compared to many other Wealth Management departments. The Bank also allows pronounced nepotism to go on within the Wealth Management division.

    A Senior Operations Specialist in IMT is discouraged from thinking and asking questions, and the job offers very little opportunity for achievement and growth. The Operations work can be decidedly unchallenging at times. An unfortunate challenge of the job may be that the Operations staff are routinely excluded from being involved with new IMT accounts or new Wealth Management projects until late in the process – after the accounts or projects have changed from being important to being urgent – and then Operations is suddenly expected to jump through hoops and put out fires.

    Vacations are very strictly regulated amongst the IMT Operations staff. Particularly for new employees, it can be quite difficult to make vacation plans in advance, especially for the beginning of the year. The supervisors in IMT Operations also put tight controls on overtime, even though the workflow is irregular, unpredictable, and typically not well managed. Moreover, the Richmond office, where IMT Operations is located, can be both a risky place to park and a highly dangerous place to commute by bus.


  2. Nice Community Bank for people who want to settle in a job

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

    I have been working at Mechanics Bank

    Recommends
    Recommends

    Pros

    Small enough to be noticed

    Cons

    Small enough to be ancient

    Advice to Management

    Wake Up and move quicker before it is too late


There are newer employer reviews for Mechanics Bank
There are newer employer reviews for Mechanics Bank

See Most Recent

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