Fremont Investment & Loan

  www.1800fremont.com
  www.1800fremont.com
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Fremont Investment & Loan Reviews

Updated August 15, 2014
Updated August 15, 2014
7 Reviews
2.7
7 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
(no image)
Stephen H. Gordon
2 Ratings

Employee Reviews

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  1.  

    Great Company, Great people, would do it again

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Mortgage Account Executive  in  Anaheim, CA
    Former Employee - Mortgage Account Executive in Anaheim, CA

    I worked at Fremont Investment & Loan for more than 3 years

    Pros

    compensation, management, professionalism, honesty, ethics all great

    Cons

    industry in decline, industry criticized, mortgage negatives not representative of my experience here, was a great company.

    Advice to ManagementAdvice

    keep being ethical as you have been in the past

    Recommends
    Negative Outlook
    Approves of CEO
  2.  

    Best job ever

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

    I worked at Fremont Investment & Loan

    Pros

    Great salary and bonus structure, good management and work atmosphere. Free lunch during end of month.

    Cons

    Sometimes conflicts between what inside management wants and what outside account execs want. Puts the employee in the middle.

    No opinion of CEO
  3.  

    Interesting Place to work

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

    I have been working at Fremont Investment & Loan full-time for less than a year

    Pros

    Great compensation, not much work to do

    Cons

    Senior Management making lot's of money, but the company is going out of business

    Advice to ManagementAdvice

    Promote people that know what they are doing

    No opinion of CEO
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  5.  

    Worst Company in Los Angeles County

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

    I have been working at Fremont Investment & Loan full-time for more than a year

    Pros

    Nice building to work in.

    Cons

    Management was horrible; they went out of business and I lost all of my 401 K funds.

  6.  

    Great Place to Work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Account Executive  in  Downers Grove, IL
    Former Employee - Account Executive in Downers Grove, IL

    I worked at Fremont Investment & Loan full-time for more than 5 years

    Pros

    Fremont was a great place to work and the pay was exceptional. Had a good support staff and the team structure was effective. Good benefits and management style allowed people to perform at their best.

    Cons

    The normal dysfunction of a large publicly traded bank.

    Advice to ManagementAdvice

    Diversify and manage cash before the whole house of cards falls...oh, too late for that...

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  7. 1 person found this helpful  

    The retail banking side of the company is NOT the same as the lending side

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

    I worked at Fremont Investment & Loan

    Pros

    This is one of the only companies that truly values employees. They spared no expense when it came to company picnics, employee appreciation days, etc. Benefits were great. The company strongly believed in a work-life balance. Another thing that was great was that the company was really into community service.

    Cons

    There was not much growth because a lot of the people working in the branches had been with the company and had no desire to leave. Since the company didn't open any new branches there was no way to move up because there were so many people already waiting in line.

    Advice to ManagementAdvice

    Hopefully the new commercial banking business model doesn't negatively impact the savings and loan model that the company once had. That's what separated it from the others.

    Doesn't Recommend
    No opinion of CEO
  8.  

    **POOR LEADERSHIP**

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

    I worked at Fremont Investment & Loan

    Pros

    The company was led by a group of greedy individuals. Management was hired based on who you know and not your abilities. Hence the fall of the company.

    Cons

    All employees were led to believe this company was safe and secure. We were pushed and proded to do a good job to be led into a "slaughter house" so to speak.

    Advice to ManagementAdvice

    we ultimately lost our jobs because CEO/Presidents/Regional Managers were greedy. Then sold off millions of dollars in stocks, which made the value crash, just in timefor us to in turn get screwed again when we tried to cash out our stocks that were once worth retirement amounts.

    Doesn't Recommend
    No opinion of CEO

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