IBC Bank

www.ibc.com
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IBC Bank Reviews

Updated March 4, 2015
Updated March 4, 2015
109 Reviews
2.2
109 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
IBC Bank President & CEO Dennis E. Nixon
Dennis E. Nixon
53 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.  

    Low pay

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Bank Officer/Department Manager in McAllen, TX
    Current Employee - Bank Officer/Department Manager in McAllen, TX

    I have been working at IBC Bank

    Pros

    Great place to gain banking experience

    Cons

    Low Salary, poor management, favoritism

    Advice to ManagementAdvice

    Take into consideration your employees for future advancement and pay more!!

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  2.  

    Sales Associate

    • 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

    Flexible hours, great for first bank experience.

    Cons

    Extremely uncompetitive pay and high turn over rate.

    Advice to ManagementAdvice

    Have pay that competes with other banks, instead of retail stores and stop coming up with pathetic excuses for why the pay sucks.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  3.  

    Interesting experience!

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

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

    Pros

    Don't need any experience to get hired.
    Easy job if you're up for it.

    Cons

    Really low pay for a bank.
    Bad management.
    High turnover.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
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  5.  

    Horrible management

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

    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 ManagementAdvice

    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

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  6.  

    Overall good for someone looking to jumpstart their career in banking.

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

    I worked at IBC Bank part-time (more than a year)

    Pros

    Its pretty easy to get inside the company, and once inside it all depends on you if you want to climb the ladder.

    Cons

    Salary can be much better. Working hours are long, longer than any bank because it operates all weekend and most holidays.

    Advice to ManagementAdvice

    Interview and hiring process should be tougher. Don't hire anyone who walks in the door. The image of the bank needs to be recovered. Value your employees

    Recommends
    Neutral Outlook
    Disapproves of CEO
  7.  

    IBC is the most stressful bank to work at.. The sales and goals to achieve are simply unrealistic.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Lead Teller/Supervisor in Round Rock, TX
    Former Employee - Lead Teller/Supervisor in Round Rock, TX

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

    Pros

    You do get incentives, and it is a pretty chill environment, and you get to meet some awesome co workers who end up being life long friends. The customers are pretty nice too.

    Cons

    may have to push people into accounts
    terrible pay for what all you have to do and put up (lowest paying bank ever)
    upper management will throw you under the bus no matter what

    Advice to ManagementAdvice

    Help out the branches when they are short staffed. We should not be forced to work more than 7 days in a row and have hours cut after we have worked those hours.

    Doesn't Recommend
    Negative Outlook
  8.  

    Terrible pay, no chance for growth.

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

    I worked at IBC Bank part-time (more than a year)

    Pros

    Great training, a lot of meetings to learn our "goals"

    Cons

    Very low pay, unrealistic goals for sales, too much pressure on tellers to sale accounts

    Advice to ManagementAdvice

    Give rewards to tellers when earned, they are your front line. Keep them happy and they will be motivated to stay.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  9.  

    If only

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

    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 ManagementAdvice

    maybe if they paid more they would have less turn overs

    Recommends
    Positive Outlook
    Approves of CEO
  10. 1 person found this helpful  

    Good things come to an end.

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

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

    Pros

    Excellent training of bank knowledge you can take to future banking jobs

    Cons

    Having to obtain certain amount of accounts monthly to keep job
    Understaffed
    Management is never available when needed
    Company says to "raise your hand" so to speak if you are looking for advancement but takes their sweet time to gets things in place, you end up losing interest.
    If you work at a slower paced branch you are expected to bring in and generate as many accounts as a branch that has a steady flow of customers in and out of their branch on the daily.
    Pay is also way below what other banks are offering. If you want us to "do more" please pay more.

    Advice to ManagementAdvice

    Appreciate the workers you do have and just stop criticizing the work they do, most of the time they are the one making YOU look good.

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

    Soliciting

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

    I have been working at IBC Bank part-time (less than a year)

    Pros

    Entry level bank, learn all you can.

    Cons

    Constant soliciting, very low pay, poor management.

    Advice to ManagementAdvice

    Take care of customers.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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