There are newer employer reviews for Washington Mutual

Good opportunity

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

I worked at Washington Mutual

No opinion of CEO
No opinion of CEO

Pros

opportunity for growth and advancement

Cons

numbers driven and goal oriented

Advice to Management

keep it up... focus on behaviors not numbers

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  1. Too little much too late

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Vice President in New York, NY
    Former Employee - Vice President in New York, NY

    I worked at Washington Mutual

    Doesn't Recommend
    Disapproves of CEO
    Doesn't Recommend
    Disapproves of CEO

    Pros

    The WaMu I knew had a long, proud history of serving its communities, customers and clients. While it was in business I was proud to work there.

    Cons

    WaMu's senior management utterly destroyed the bank. Between 2007 and 2008 the company stock slid from $40 down to 10 cents as it imploded, its assets ultimately sold to JPM at firesale prices by the federal government.

    Advice to Management

    Too little much too late. They presided over one of the greatest examples of the destruction of shareholder equity in the history of capitalism. On the flip side after this performance it should not be hard for any of them to actually improve as managers.

  2. Money was good, management was selfish

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Senior Loan Officer Assistant in Hauppauge, NY
    Former Employee - Senior Loan Officer Assistant in Hauppauge, NY

    I worked at Washington Mutual

    No opinion of CEO
    No opinion of CEO

    Pros

    Money was good
    Is was located on service rd of Expressway which was convenient

    Cons

    Management was selfish
    The assistants worked like dogs with very little praise, loan officers got all of the glory

    Advice to Management

    Respect a good job when a good job was done, it's nice to be acknowledged when you have done a good job

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