IBC Bank Reviews

Updated September 11, 2014
Updated September 11, 2014
87 Reviews
1.9
87 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
IBC Bank President & CEO Dennis E. Nixon
Dennis E. Nixon
41 Ratings

Review Highlights

Pros
  • if you are young and do not have much experience this is a good place to start (in 6 reviews)

  • Good place to gain experience if you want to start in the banking industry (in 7 reviews)


Cons
  • Due to extremely low pay and high sales goals keeping knowledgeable staff is very difficult (in 12 reviews)

  • Because IBC bank has a high turnover rate there is no good management (in 11 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Great training and benefits

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Branch Manager  in  Oklahoma City, OK
    Current Employee - Branch Manager in Oklahoma City, OK

    I have been working at IBC Bank full-time for more than 5 years

    Pros

    Ability to move up. Great profit sharing plan. Training is awesome. The environment in the branches can be stressful but fun

    Cons

    Turnover is an issue as it is everywhere though. We tend to train so well that our folks get recruited elsewhere

    Advice to ManagementAdvice

    Nothing

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    WE DO MORE Motto does not apply to employee development

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Sales Representative  in  San Antonio, TX
    Current Employee - Sales Representative in San Antonio, TX

    I have been working at IBC Bank full-time for more than a year

    Pros

    No prior banking experience needed. Decent training program plus a lot of on-the-job training. Closes early every couple months for Pep Rally type "Sellebration" to recognize branch and individual achievements. Decent incentive program plus additional ways to earn extra incentive through referral partners.

    Cons

    Upper management is not in touch with its managers, employees, and branches. Complete disconnect in understanding employee/branch needs and communication. Low pay across all positions considering the amount of responsibility. Complete lack of a true employee development program where the company will invest in its employees in order to increase retention and career development.

    Advice to ManagementAdvice

    Invest in your greatest resource: Your Employees. This will greatly reduce turnover and create a true customer service oriented workforce. Too many customers frustrated with the turnover at the branches and the lack of knowledgeable employees.

    Recommends
    Negative Outlook
    No opinion of CEO
  3.  

    Good for a first job but that's it!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Universal Teller I  in  McAllen, TX
    Current Employee - Universal Teller I in McAllen, TX

    I have been working at IBC Bank full-time for more than a year

    Pros

    Very easy to get hired and it's the easiest job in the world, seriously.

    Cons

    Terrible pay and they go through tellers like like butter.

    Advice to ManagementAdvice

    Don't make terrible decisions that affect your workers.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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  5.  

    Credit Analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Credit Analyst  in  Houston, TX
    Former Employee - Credit Analyst in Houston, TX

    I worked at IBC Bank full-time for more than a year

    Pros

    Good underwriting experience on major real estate development

    Cons

    below average compensation and extreme nepotism

    Advice to ManagementAdvice

    hire qualified people to run branches instead of 18 year old kids because their cheap

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  6.  

    Good enough to get me through school. Not career worthy.

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

    I have been working at IBC Bank

    Pros

    Easy to get hired to gain experience and add a little padding to resume.

    Cons

    Very low standards. After working there, I would not trust my money in the hands of such a low quality staff.

    Doesn't Recommend
  7.  

    Great people to work with, loved the experience I received.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Cash Management Specialist  in  Austin, TX
    Current Employee - Cash Management Specialist in Austin, TX

    I have been working at IBC Bank full-time for more than 3 years

    Pros

    I really liked how I could come into this bank with no prior financial experience and within 1 year move into a commercial department that deals with large/medium business.

    Cons

    The compensation is absolutely ridiculous. 90% of employees could make more at McDonalds than IBC. Also, the micromanaging is absurd. If you go into overtime by 5 minutes you are written up!

    Advice to ManagementAdvice

    Micromanage LESS. If you can't entrust responsibilities to employees then the employees aren't going to be loyal.
    Also, maybe consider paying your employees a wage that can create a decent standard of living. THEN people might not quit after 90 days. That also means IBC wouldn't need Job Fairs twice a week!!

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  8.  

    Perfect place to gain experience!

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

    I worked at IBC Bank full-time for more than 5 years

    Pros

    Paid training. Get the industry experience and go somewhere else.

    Cons

    Really high turnover rate
    Very low salary
    No compensation

    Advice to ManagementAdvice

    Start hiring skilled people and appreciate the employees that are willing to stay.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  9. 1 person found this helpful  

    Good, horrible turnover rate

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

    I worked at IBC Bank part-time

    Pros

    great people fun to be around

    Cons

    absolutely no education from people in upper management. they are a joke and pretend to know more than they really know.

    Advice to ManagementAdvice

    pay better so there is no high turnover rate

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  10.  

    Great place to gain experience.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Universal Teller I  in  Ardmore, OK
    Current Employee - Universal Teller I in Ardmore, OK

    I have been working at IBC Bank full-time for more than a year

    Pros

    The bonus program is nice and comes in handy when extra money is needed. Training was week put together.

    Cons

    The salary for the amount of work put in is way below where it should be. Upper management does not takes complaints well.

    Advice to ManagementAdvice

    Listen to your employees

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  11.  

    Good training, bad everything else

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Universal Teller I  in  Austin, TX
    Current Employee - Universal Teller I in Austin, TX

    I have been working at IBC Bank full-time for less than a year

    Pros

    They have an extensive training program which helps you learn how to do your job well. The people at the branches are generally pretty cool and fun to work with. There are a lot of incentives and bonuses (so I have heard). They offer benefits hire people with no experience.

    Cons

    The pay is a few dollars less than any other bank. The training, although helpful, requires you to drive to downtown Austin from 8-5 for over a week, even if you live and your branch is 45 minutes away. It does not seem like the higher ups in the company really care about the employees- the sales quotas are completely unrealistic, even for tellers. We are forced to open accounts for family members for a month so we can get numbers, then close them and reopen them for the next month.

    Advice to ManagementAdvice

    You get what you pay for. If you pay employees much lower than other banks, and find ways around paying your managers what they deserve (like calling them head sales instead of official manager) then you will not get employees that love your company and want to work for you.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

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