Far East National Bank

www.fareastnationalbank.com

Far East National Bank Reviews

8 Reviews
2.5
8 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
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Frederick Copeland
4 Ratings

Employee Reviews

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  1.  

    It was a good place to learn BSA/AML over the past 5 years

    Former Employee - Assistant Vice President in Los Angeles, CA
    Former Employee - Assistant Vice President in Los Angeles, CA

    I worked at Far East National Bank full-time (more than 10 years)

    Pros

    There were a considerable amount of cases and situations for learning.

    Cons

    There were no opportunities for advancement

  2. 1 person found this helpful  

    Analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Analyst in Los Angeles, CA
    Current Employee - Analyst in Los Angeles, CA

    I have been working at Far East National Bank full-time (more than 3 years)

    Pros

    Learning opportunity. If you like to get into banking industry (low growth/shrinking)

    Cons

    Low level technology. Below average pay/benefits. Penny wise (pound foolish).

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  3.  

    The Bank has no concept of employee morale.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Underwriter in Los Angeles, CA
    Former Employee - Underwriter in Los Angeles, CA

    I worked at Far East National Bank full-time (more than a year)

    Pros

    There are no pros for working for FENB.

    Cons

    - Employees are treated like sweatshop workers with inhuman workload and pressure.
    - Managers have no people skills and are ill-mannered with everyone.

    Advice to ManagementAdvice

    Operate the company like it is in the United State and not in Taiwan.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
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  5.  

    Great work experience.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Far East National Bank

    Pros

    The office environment is great and management makes everyone feel they can contribute, and fair, merit based promotion.

    Cons

    High stress and long hours, some weekends may be required. Not for people looking for their next paycheck - you will not survive with this mindset.

    Recommends
    Neutral Outlook
    No opinion of CEO
  6.  

    Recruiters Beware: This bank will find any accuses not to pay recruiters commission.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Recruiter in Los Angeles, CA
    Current Employee - Recruiter in Los Angeles, CA

    I have been working at Far East National Bank as a contractor (less than a year)

    Pros

    They're good at sales...Like an used car salesman

    Cons

    Promise everything but delivers nothing to recruiters

    Advice to ManagementAdvice

    Pay up as promised.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  7.  

    Average

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Asset Manager in Los Angeles, CA
    Current Employee - Asset Manager in Los Angeles, CA

    I have been working at Far East National Bank

    Pros

    As with any other company, I met some great people at Far East National Bank that benefited my career path as well as some great personal friends. In doing so, I was able to jump start my career in banking.

    Cons

    When I was there, Senior Management definitely needed to get a better feel for how their actions affected the morale and effectiveness of their employees. I believe senior management at the time should have ruled less with an iron fist and more with an open mind.

    Approves of CEO
  8.  

    Very much like working in a foreign country

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Far East National Bank

    Pros

    It's a job. You can learn a lot in a short time. The pay is okay although there are no raises or bonuses as this time. But note medical is not competitive with other banks.

    Cons

    Sink or Swim environment with very little coaching or team work and co-workers are me-oriented with very little sharing of information. Sr. Management provides little direction/communication and the reporting lines are in a state of disarray. The bank has a history of putting people into higher positions they are not qualified for based on favoritism. So there are junior people getting on the job training in Sr. positions. Not a place to build a career.

    Advice to ManagementAdvice

    Get some management training and do some strategic planning.

    Doesn't Recommend
    No opinion of CEO
  9.  

    Opportunites in a dynamic industry but there are some challenges

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Relationship Manager in Los Angeles, CA
    Current Employee - Relationship Manager in Los Angeles, CA

    I have been working at Far East National Bank

    Pros

    opportunities to advance based on ability, business oriented, dynamic, fast paced, go as far as you want, not stodgy, young minded.

    Cons

    foreign owned, not a uniform effort among all employees, benefits are on the low end of the scale, not a lot of focused direction, reactionary management, planning is not a high priority.

    Advice to ManagementAdvice

    Commit to a strategy and be less reactionary, emphasize rewarding the best people and fighting beauracracy.

    Approves of CEO

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