IndyMac Bancorp Reviews

Pros

management easy, great work/life balance

Cons

salary wasn't that high that i expected

Pros

decent office location, fairly good health benefits

Cons

low pay, horrible managers, incompetent managers, low morale

Pros

the company provided good health benefits. The company gave outstanding goal options and montly incentives. Branches are very classy and geared to certain class of cliants.

Cons

The company is very ungoranized when it comes to operations. The main banking platform is not very friendly. Sudden unexpected changes.

Advice to Senior Management

For banking operations, need improvement in organization on policey and procedure. Need to put overall throughout the company sales driven comptition.

Pros

Dedicated, well compensated, hard working staff.

Cons

Seemed like a 24/7 job.

Advice to Senior Management

Best job leads are from former associates.

Pros

Great working hours and bonus incentive structure

Cons

N/A - No longer in business

Advice to Senior Management

N/A - No longer in business

Pros

Good compensation and benefits, not too much micro management

Cons

as usual, too many VP's

Advice to Senior Management

Well considering that it's now One West Bank and they laid off just about everyone when the FDIC took over I don't really have suggestions.

Pros

Cool office space, walking distance to Old Town Pasadena, they did not block me from surfing the web, easy hours.

Cons

Incompetent, uneducated management. I mean, look at what happened to them, need I saw more? The pay was awful, there was zero incentive to go that extra step.

Advice to Senior Management

Well, since you already got taken over, it's too late for any meaningful advice. Maybe the One West team will do a better job.

Pros

The management team was very knowledgeable.

Cons

Monetary compensation was one of the lowest in the industry.

Advice to Senior Management

Provide better compensation

Pros

independence, money, insurance, schedule, flexibility

Cons

it shut down, closed the doors

Advice to Senior Management

manage - dont ignore employees

Pros

Management was friendly and approachable and really did want to make a good place to work for employees. Benefits were also very good. They support internal advancement, so if you work well with others, put up the numbers they're looking for, and there are open positions, you can probably get ahead.

Cons

Typical in a larger company: co-worker gossip and drama, the hierarchy of having ten bosses above you, micromanagement, numbers suffering because your co-workers are lazy, no one ever gets fired, everything is based on statistics/quantity and not quality.

Advice to Senior Management

Be more realistic with your employees about what's happening. You may be concerned about morale, which is important, but it's also important to be truthful and up-front with employees about future opportunities and how the company is REALLY doing.