Washington Mutual

  www.wamu.com
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344 Employee Reviews (View Most Recent)

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Nice place but too much politics

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - Fraud Investigator  in  Stockton, CA
Former Employee - Fraud Investigator in Stockton, CA

Pros

Benefits are great and they promote education

Cons

Politics don't belong in fraud area

Advice to ManagementAdvice

Micro management works in Customer Service not in Fraud

Recommends
Negative Outlook
No opinion of CEO

Other reviews for Washington Mutual

  1.  

    It's a job, not a career

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Personal Banker  in  Palo Alto, CA
    Former Employee - Personal Banker in Palo Alto, CA

    Pros

    Despite some interesting growth opportunities, I'd call it a job and not a career. Decent pay, high turnover. Upper movement determined on office politics rather than merit. But I suppose that's true at many places.

    Cons

    Upper management pushes some questionable growth numbers. Is it possible for a small branch to open 100+ new accounts in a month? Definitely. Are those accounts really needed and necessary in a small community? Probably not.

    Advice to ManagementAdvice

    A mission statement should be a mission statement, not a PR device to brainwash employees and consumers alike into thinking poor money management, big fees, and behavior inconsistent with said mission statement.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  2.  

    It was a great experience while it lasted.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Financial Analyst  in  Seattle, WA
    Former Employee - Senior Financial Analyst in Seattle, WA

    Pros

    I truly enjoyed my time at WaMu. I loved my team and the people I worked with, learned a lot, was challenged by the work I did and liked the company's culture.

    Cons

    Getting shut down by the FDIC and being devoured by JPMorgan was kind of a downer.

    Advice to ManagementAdvice

    Ignoring risk and lending out to anybody regardless of whether they can repay the loan isn't really a good business model.

    Recommends
    Neutral Outlook
    Disapproves of CEO
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