IBC Bank Reviews

Updated October 28, 2014
Updated October 28, 2014
91 Reviews
2.2
91 Reviews
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IBC Bank President & CEO Dennis E. Nixon
Dennis E. Nixon
43 Ratings

Review Highlights

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

  • Breaking into the banking industry (in 8 reviews)


Cons
  • This is largely due to the high turnover rate (in 13 reviews)

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

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Great bank to learn

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

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

    Pros

    You have training that guides you in the path to success. Help from supervisors and co-workers. Friendly environment

    Cons

    As any company you must meet a certain quota. Bring in a certain number of accounts per month.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Very stressing

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

    I worked at IBC Bank full-time (less than an year)

    Pros

    Very good 3 month training

    Cons

    Sales, every branch has a diffrent quota and our branch never preforms because we are expected to go out blitzing and find accounts.

    Advice to ManagementAdvice

    Learn to apreciate employees and raise pay

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  3.  

    It was a learning experience.

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at IBC Bank

    Pros

    Breaking into the banking industry.

    Cons

    Sales being stolen when closed.

  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5.  

    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 (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
  6.  

    Okay

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

    I worked at IBC Bank

    Pros

    Great part time job while in school

    Cons

    Tellers are under paid in my opinion. Starting at about 7 dollars unlike other banks. High turnover rate which is never a good sign!

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  7.  

    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 (more than an 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
  8.  

    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 (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
  9.  

    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 (more than an 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
  10.  

    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 (more than an 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
  11.  

    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

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