HomeStreet

www.homestreet.com

HomeStreet Reviews

Updated January 14, 2015
Updated January 14, 2015
31 Reviews
3.4
31 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
7 Ratings

Employee Reviews

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  1.  

    Loan Officer

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

    I worked at HomeStreet full-time (more than 3 years)

    Pros

    Excellent work environment and providing excellent training tools.

    Cons

    Great company value and best compensation over all.

    Recommends
    Neutral Outlook
    Disapproves of CEO
  2.  

    Okay for a start and for learning new skills. Very fast paced almost too fast. Great working environment!

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

    I have been working at HomeStreet (more than a year)

    Pros

    Company is growing with acquisitions, opening new locations, and providing new job opportunities. Working environment in the Corporate Office is beautiful. Benefits are okay with some perks.

    Cons

    Wages aren't very competitive and merit increases aren't much also not guaranteed. You can get stuck in your position if you are not favorable. Lots of turnover in various departments. Questionable promotions outside HR written policies.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  3.  

    this is HomeStreet Bank

    • 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

    People. It's just about great people.

    Cons

    Platform infrastructure is behind, along with Technology.

    Advice to ManagementAdvice

    Not looking at the disatisfaction across the board in all departments

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

    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
  6.  

    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
  7.  

    Fun, growing Company

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

    I have been working at HomeStreet full-time (less than a year)

    Pros

    At branch level, this job is fun, full of customer service, and never boring. There are always things to be done and issues to be handled. If you're opening new accounts or product referrals you get little bonuses in your paycheck which is always nice.

    Cons

    It appears the company is slowly becoming more "Big Bang" than the family owned, local bank it has always been known for.

    Recommends
    Positive Outlook
    No opinion of CEO
  8.  

    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
  9.  

    Loved working there!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Branch Quality Coordinator in Bellevue, WA
    Former Employee - Branch Quality Coordinator in Bellevue, WA

    I worked at HomeStreet full-time (more than a year)

    Pros

    great company to work for, the leadership was great!

    Cons

    Upper management not to good!

    Recommends
    Neutral Outlook
    Approves of CEO
  10.  

    Financial institution with a great culture.

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

    I worked at HomeStreet full-time

    Pros

    Senior leadership is very receptive and proactive towards providing a great product and great work environment.

    Cons

    Still adapting towards their recent growth and the transition of becoming a multi state bank.

    Advice to ManagementAdvice

    Some levels of senior management need to be coached up or out to provide better support for a larger company. Some are guilty of "thinking small".

    Recommends
    Positive Outlook
    No opinion of CEO
  11.  

    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.

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