HomeStreet

  www.homestreet.com
  www.homestreet.com

HomeStreet Reviews

Updated October 15, 2014
Updated October 15, 2014
12 Reviews
3.2
12 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
HomeStreet Vice Chairman and CEO; Chairman and CEO, Homestreet Bank Mark K. Mason
Mark K. Mason
6 Ratings

Employee Reviews

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  1.  

    Good company, good people...

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

    I have been working at HomeStreet full-time (more than 3 years)

    Pros

    They care about their customers and community. Love that.

    Cons

    Leadership is not too great at acknowledging young, fresh potential. Not the easiest for young professionals.

    Recommends
    Approves of CEO
  2.  

    Endless process

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

    I have been working at HomeStreet full-time (more than 5 years)

    Pros

    The CEO is bringing in money, so that's good. Marketing can be amusing. Seahawks and Sounders affiliation are fun. The company pays pretty decent benefits, not top of the line but good for the front line jobs.

    Cons

    Everyone is frustrated with the IT department bottlenecks in service. Multiple unintegrated platforms create lots of extra work. Poor communication from management, employees are not empowered, hr clueless about employee culture, excessive bureaucracy, small bank growing pains, IT unable to service departments.

    Advice to ManagementAdvice

    Develop training programs that will help employees gain the job knowledge and skills to succeed at their jobs. Hire some qualified bankers and allow them to make decisions. Chose integrated applications. Align staffing resources with business priorities.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  3.  

    Growth at a cost

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - IT Engineer in Seattle, WA
    Current Employee - IT Engineer in Seattle, WA

    I have been working at HomeStreet full-time (more than 5 years)

    Pros

    fast paced, quick to adjust, forward thinking

    Cons

    communication, benefits and compensation, management style and skills

    Advice to ManagementAdvice

    Get in touch with your operations departments. Focus on the hurdles that are in the way of progress and prioritize removing them.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
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  5.  

    Company in transition, stressful with ability to wear multiple hats

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

    I have been working at HomeStreet

    Pros

    It is a small enough company with many things to do... which means the ability to wear multiple hats across many different roles. Company is growing, and new faces are providing fresh ideas and perspectives from the outside world.

    Cons

    Roles and responsibilities are not always defined or clear. Some people have been at HSB for a very long time, and change to structure and process, is hard to implement.

  6.  

    Energetic, honest competent staff and management provides a healthy, work environment with reasonably good compensation.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Loan Review Officer in Seattle, WA
    Current Employee - Senior Loan Review Officer in Seattle, WA

    I have been working at HomeStreet full-time (more than an year)

    Pros

    Healthy, well-managed Bank. Supportive managers, reasonable compensation. Good Benefit package (except no HSA), Relaxed, low stress work environment.

    Cons

    Limited growth opportunities. Concentrated in real estate market. Compensation does not recognize cost of living sufficiently.

    Advice to ManagementAdvice

    Diversify target market; reduce reliance on real estate lending; review job titles and compensation.

    Recommends
    Neutral Outlook
    Approves of CEO
  7.  

    Moving forward

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Appraisal Staff in Seattle, WA
    Current Employee - Appraisal Staff in Seattle, WA

    I have been working at HomeStreet full-time (more than an year)

    Pros

    Good work life balance, employer are very flexible on the hours, employee are allowed to come in and leave at their own set of times.

    Cons

    Very little room for growth. Have seen very little promotion within the company.

    Advice to ManagementAdvice

    management is very counterproductive. They are creating problems rather than solving them.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  8.  

    Personal Service

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at HomeStreet

    Pros

    Employees are always personable and provide great service!

    Cons

    Branch employees should be cross-trained to sell other product offerings.

  9.  

    Rags to Riches... glad they raised capital

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

    I worked at HomeStreet full-time (more than 5 years)

    Pros

    New regime is very interested in moving the company forward... things were changing for the better, but I opted to leave prior to those changes being made.

    Cons

    There were challenges based on the financial crisis, which led to stress and unpleasantness... many of the employees had been entitled, but I understand that most of those people have left the company.

    Advice to ManagementAdvice

    Keep up the good work!

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    Poor Management

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Sharepoint Developer in Seattle, WA
    Current Employee - Sharepoint Developer in Seattle, WA

    I have been working at HomeStreet full-time

    Pros

    Great co-workers and fun to work with

    Cons

    Poor communication between upper management and middle management. Unclear deadlines. Will not work with you if you are not on-time, they will just let you go. Management only cares about themselves and not their workers. Goals are just stated and not followed through. It is an environment such as "Do as I say and not as I do" Pay is below market value.

    Advice to ManagementAdvice

    Listen to your employees as most of them are unhappy with the current management

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  11.  

    Great place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Assistant Corporate Secretary in Seattle, WA
    Current Employee - Assistant Corporate Secretary in Seattle, WA

    I have been working at HomeStreet full-time (more than 5 years)

    Pros

    This is a growing business.

    Cons

    There has been a lot of change in management.

    Recommends
    Positive Outlook

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