IBC Bank Reviews

Updated August 26, 2015
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2.4
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Recommend to a friend
Approve of CEO
IBC Bank President & CEO Dennis E. Nixon
Dennis E. Nixon
64 Ratings

Pros
  • Breaking into the banking industry (in 8 reviews)

  • A good place to start out to gain experience then move on to a more stable employment (in 6 reviews)

Cons
  • Because IBC bank has a high turnover rate there is no good management (in 13 reviews)

  • Focused too much on sales goals (in 12 reviews)

More Pros and Cons

143 Employee Reviews

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  1. great advancement opportunities

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Laredo, TX
    Current Employee - Anonymous Employee in Laredo, TX
    Recommends

    Pros

    As a college student working towards a degree in Finance, I was looking for the right place to start at. My original plan was to gain the experience necessary to move on up to another company. Change of plans - I'm here to stay. The things I have learned at the bank have definitely helped me get through school. From banking terminology to legal procedures, I've had the opportunity of, not only learning, but applying these skills on a day-to-day basis. A great plus is the fact that you are given endless opportunities to advance within the company. All in all, it's a fun working environment and management will always welcome you with open arms. Got a problem? They're willing to work with you 100% and will go to great lengths to help you find a solution. All customers and employees are well taken care of.

    Cons

    no complaints for the last 4 years I've been employed there

    Advice to Management

    Keep doing what you're doing, providing the IBC Experience and encouraging a "We Do More" attitude


  2. IBC is what you make of it

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Sales Associate in Austin, TX
    Current Employee - Sales Associate in Austin, TX
    Recommends
    Positive Outlook
    Disapproves of CEO

    I have been working at IBC Bank full-time (Less than a year)

    Pros

    Lots of opportunities to advance Friendly and very helpful colleagues in more professional level positions

    Cons

    Low pay Poor lower level management/supervision Absurdly high turnover

    Advice to Management

    Pay your front-line workers (retail) better to retain the gifted individuals you either lose to competition or to a better job within the company. Customer service is more than just an empty phrase.


  3. If only

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Assistant Teller Supervisor (Lead Teller) in Laredo, TX
    Current Employee - Assistant Teller Supervisor (Lead Teller) in Laredo, TX
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at IBC Bank full-time (More than a year)

    Pros

    Family feel. Great Work experience Paid holidays and vacation

    Cons

    Demand for referrals is high and strict. They start off minimum wage

    Advice to Management

    maybe if they paid more they would have less turn overs


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


  5. Horrible management

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Teller in Austin, TX
    Former Employee - Teller in Austin, TX
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at IBC Bank full-time (Less than a year)

    Pros

    Easiest job ever. Basically play on your phone for 8 hours and maybe talk to like 5 customers if you're in a location like I was. Vacation and sick time.

    Cons

    Terribly low pay for tellers, although they have high sales goals while also doing the work all day FOR the sales team and for the teller side, communication between management is terrible, they promise you things you will never get. When hired they promise payouts for referrals you will never receive. Management will manipulate you into thinking you're getting promoted when they actually will give it to some random person they hire because they just wanted to use you. I watched this happen to many colleagues

    Advice to Management

    Make your training classes match what they will learn at the branch. Get rid of all management who lies. Raise teller pay if you're gonna have high sales goals, or take the sales goals away


  6. This will be a great opportunity to get into banking and learn!

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Sales Associate in San Antonio, TX
    Current Employee - Sales Associate in San Antonio, TX
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at IBC Bank full-time (More than a year)

    Pros

    Extensive training on all you need to know to be a successful banker

    Cons

    Pay isn't to great but you can fix that by working smart

    Advice to Management

    weekly employee meetings and goals set out for the team to see and constant in person encouragement


  7. IBC - BANK

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Analyst in San Antonio, TX
    Former Employee - Analyst in San Antonio, TX
    Recommends

    Pros

    TRAINING WAS GOOD. IBC SPENT MONEY AND TIME TO TRAIN. ALSO, ONE CAN MAKE GOOD FRIENDS WORKING THERE. IT USUALLY IS ONE'S FIRST REAL JOB OUT OF COLLEGE SO ONE CAN MAKE FRIENDS QUICKLY THERE WITH THE OTHER COLLEGE GRADS.

    Cons

    BAD SALARY. PAY IS BAD. USUALLY, ONCE ONE IS TRAINED THEY MOVE ON TO HIGHER PAYING GIGS. THIS BANK IS NOTORIOUS FOR PAYING BAD. THE MONEY THEY MAKE IS OFF THE BACKS OF THE EMPLYESS. THEIR LOAN RATES ARE USUALLY LOWER THAN OTHER BANKS AND THEIR FEES ARE LOWER. IF I WERE TO GET A LOAN I WOULD GO THROUGH THEM, BUT THE EMPLOYESS SUBSIDIZE THE "GOOD RATES" WITH THEIR LOW PAY

    Advice to Management

    NONE REALLY. THEY ARE QUITE CAPABLE. THE BANK IS ALWAYS PROFITABLE (REASON INDICATED ABOVE)


  8. A fantastic start, with a fantastic opprotunity.

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Teller in Houston, TX
    Current Employee - Teller in Houston, TX
    Recommends

    Pros

    In the area of finances, bank jobs are almost essential. These jobs give you insight to how the world manages their money and what would the best path to invest or manage your money would be. FOR NEW EMPLOYEES: IBC does not require any bank training piror to employment but however Customer Service or Sales experience is greatly favored, which in my opinion is an excellent key factor in the company. With that in mind IBC also gives out paid training, a month long session in which all new hires, trained or not, go through to ensure that their job is preformed to the upmost satisfaction required by the banking industry. IBC AND ITS EMPLOYEES: The room for growth and expansion, both as a company and as an individual, is phenominal. The company itself is in great health as compared to other companies in the same industry. As an employee you are really thought about, if you preform your job with the most of your abilities, you will be recognized. The room for promotion is also great, the company really promotes inside promotions, and I see it happen all the time. Employees through out the company are very supportive and understanding. I can honestly say that I am not ashamed to pick up a phone and ask questions, because as stated above, everyone is very willing to help out fellow co-workers. The communication between the CEO to the employees is done quiet often and frequently, a feat at which many jobs do not even come close to. JOB HOURS: Like alot of White-Collared jobs, this one has consistant hours of operations and also traditional hours with some branches. IBC has two types of branches, your regular traditonal and your in-store branches. The in-store branches are located inside grocery stores throughout Texas, and Oklahoma, stores such as, Krogers, Randals, and HEB. The in-store branches are open 7 days a week, with the hours of 9AM-8PM Mon-Fri, Sat 9AM-5PM, Sun 12PM-5PM. The traditional branches are open Mon-Thu 9AM-5:30PM Fri 9AM-6PM and Sat 9AM-2PM. I have worked with three managers, while I can not speak with for all managers, with the three I have worked for they have all worked around my College schedule with no question. IBC thinks very highly with continueing education, and so does the supervisors and managers. IBC AND OUTSIDE LIFE: IBC makes it clear with its employees that the company understands that IBC is not their life. Working more than 40 hours is HIGHLY discouraged and is made clear with the Half pay for overtime. OVERALL OPINION: For finance people looking for a great start, or possibly a great career, then take a look at IBC. Strong company, with strong values.

    Cons

    The communication between managers and employees is sometimes lacking, but this is found in almost every company. The sales requirement of ALL employees makes this job competitive between employees to get their required sales per month. All employees are required to get a set amount of sales per month, and your preformance is based off your number of sales.

    Advice to Management

    Keep up the great work, fantastic leadership exsits within the company. The only thing I could say is that I don't believe that every employee needs to be a sales person, thats why you have Sales Representatives and Sales Associates, Tellers should not have to sale.


  9. selling accounts

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Sales Representative in Austin, TX
    Current Employee - Sales Representative in Austin, TX
    Recommends

    Pros

    Very flexible work schedule, and very fmaily oriented.

    Cons

    Pay is extremely low compared to other banks

    Advice to Management

    following through with promises


  10. Good place to start

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

    Pros

    It is a good place to get experience. If you tough out the first couple of months of low pay and long hours you can move up pretty quickly.

    Cons

    They push you a lot to do things that are at times unreasonable

    Advice to Management

    none


  11. IBC Bank

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Sales Associate in Laredo, TX
    Current Employee - Sales Associate in Laredo, TX
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at IBC Bank full-time (Less than a year)

    Pros

    Learning Experience Friendly Coworkers Young Age Range

    Cons

    Low Pay Coworkers need to be molded Unprofessional

    Advice to Management

    Undercover boss.



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