There are newer employer reviews for U.S. Bank
There are newer employer reviews for U.S. Bank

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Strong bank in current environment

  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Financial Analyst in Saint Louis, MO
Current Employee - Financial Analyst in Saint Louis, MO

I have been working at U.S. Bank

Recommends
Approves of CEO
Recommends
Approves of CEO

Pros

Large percent of revenue from fees and not interest income, this helps keep us a float during credit crisis

Cons

Too many systems that performt the same functions for different areas of bank

Advice to Management

Continue to develop and maintain career advancment training / opportunities

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  1. Decent enough temp job but no long term career.

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Account Processor in Saint Paul, MN
    Former Employee - Account Processor in Saint Paul, MN

    I worked at U.S. Bank

    Doesn't Recommend
    No opinion of CEO
    Doesn't Recommend
    No opinion of CEO

    Pros

    The only real "pro" was the location was very convienent at the time.

    Cons

    Below average wages, middle management is poor & overly motivated by 'making their number' rather than fostering a good employee base or maintaing good morale within the department. This lack of humanization led to very high turnover which in turn kept numbers down and perpetuated the downward sprial.

    Advice to Management

    I got the feeling that senior managment is probably really only aware of limited areas of the bank - its a big corp so there is really no feeling that lower level employees even think about a senior management presence.


  2. Helpful (1)

    US Bank; a conservative company without the ability to move forward.

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Portfolio Manager in Minneapolis, MN
    Current Employee - Portfolio Manager in Minneapolis, MN

    I have been working at U.S. Bank

    Doesn't Recommend
    Approves of CEO
    Doesn't Recommend
    Approves of CEO

    Pros

    Best reason is due to conservative financial position and therefore secure job. Company would rather limit raises than fire employees. This is only beneficial if you enjoy status quo and prefer an environment where people don't challenge the norm or themselves to solve problems. The other positive is the current CEO has been a strong leader throughout the tough financial turmoil and managed to preserve cash rather than purchase any dysfunctional financial institute. I would not recommend working for US Bank unless you don't want control over your own success or the ability to work hard and actually see progress.

    Cons

    US Bank is a very conservative company which promotes based on tenure rather than prodcution. Usually companies are successful because people take ownership together and work hard to see the company succeed. US Bank is like any other exceedingly large bank with far too much beauracratic red tape. Nobody has the ability to make significant progress so therefore nobody does. Even if people try there are most likely people who are uncomfortable with the changes and therefore push back. The whole idea of a meritocracy is lost. Its not a bad place to work for a period of time, but I think if you stayed for a long time you would either succumb to the environment of carelessness or quit.

    Advice to Management

    I would tell Senior Management to put into place better ways to gauge performance from their subordinates.


There are newer employer reviews for U.S. Bank
There are newer employer reviews for U.S. Bank

See Most Recent

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