New York Community Bancorp

  www.mynycb.com
  www.mynycb.com
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New York Community Bancorp Reviews

Updated September 19, 2014
Updated September 19, 2014
72 Reviews
2.9
72 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
New York Community Bancorp Chairman, President, and CEO; President, CEO and Director, New York Community Bank Joseph R. Ficalora
Joseph R. Ficalora
25 Ratings

Review Highlights

Pros
  • There and many locations, flexible hours, great coworkers (in 3 reviews)

  • Working for NYCB you have a steady schedule and great job security(only reason you have (in 3 reviews)


Cons
  • Most of the back office staffs have no idea of the products offered by the front-line employees (in 3 reviews)

  • Branch Manager makes anywhere between 40K to 75K (after being there for 20 (in 3 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    I worked on contract at the bank for almost 2 years

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at New York Community Bancorp

    Pros

    Good environment to work. Friendly team mates who would step in to help at any time.

    Cons

    Not much flexible timings. Other than that I have no complains. Enjoyed my time working there.

  2.  

    Stable, well managed bank that looks after its bottom line and stock holders and does not venture into risky businesses

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

    I worked at New York Community Bancorp full-time for more than a year

    Pros

    1) Easy going work atmosphere
    2) Great boss and colleagues
    3) Easy drive from home
    4) strictly 8 to 5 work schedule

    Cons

    Pay is lower than average.
    Not much in terms of career advancement.
    No 401K matching.
    Other Benefits not as good as other companies

    Advice to ManagementAdvice

    Better consider making the pay and benefits more industry competitive, otherwise the best employees will leave after gaining experience. Many talented individuals simply use this bank as a stepping stone to gain experience and then move to other more lucrative businesses. You'll have to train people all over again and the cycle repeats itself. Promotions to a higher level do not even adjust your salary upwards.

    I would personally love to stay longer but other offers were too good to pass up (plus there's not much room for career advancement ). Maybe the company's focus on always watching the bottom line and being generous to stock holders ( she gives great dividends ) might have blinded upper management to the value of her employees.

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    A good job for college students

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at New York Community Bancorp part-time for more than 3 years

    Pros

    Since the bank is open basically every day, you could have a flexible schedule. Cross-training and responsibilities can be useful for resume.

    Cons

    Meeting goals can be difficult in some areas/locations

    Advice to ManagementAdvice

    Some of the bright college talent would make good back-office employees upon graduation.

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  5.  

    Great opportunity for college students

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Services Associate  in  Old Bridge, NJ
    Current Employee - Financial Services Associate in Old Bridge, NJ

    I have been working at New York Community Bancorp part-time

    Pros

    Great training, prepare you well for the job. Personnel are very friendly and there are many opportunities to move up within the company, especially as a full time employee

    Cons

    NJ is the slowest region for the bank so sales become stressful and regional management pressures for sales even though the flow of customers is limited.

    Recommends
    Neutral Outlook
    No opinion of CEO
  6.  

    Great hands on learning experience.

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at New York Community Bancorp as an intern for less than a year

    Pros

    Worked alongside seasoned professionals, and learned a ton through their experiences.

    Cons

    Living on Long Island didn't personally align with my goals.

    Advice to ManagementAdvice

    Senior Management was very approachable and knowledgeable.

  7.  

    Banking

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

    I have been working at New York Community Bancorp full-time

    Pros

    Great culture and fantastic people

    Cons

    none, as I am happy here

    Recommends
    Positive Outlook
  8.  

    Interesting

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - DEFAUT RISK ASSOCIATE  in  Cleveland, OH
    Former Employee - DEFAUT RISK ASSOCIATE in Cleveland, OH

    I worked at New York Community Bancorp full-time for more than 5 years

    Pros

    Benefit package was good, supplied some training, leadership was fair

    Cons

    Sometime more work than time to do it and no overtime to complete.

    Advice to ManagementAdvice

    None

    Recommends
    No opinion of CEO
  9.  

    Financial Service Associate

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Service Associate  in  Yonkers, NY
    Former Employee - Financial Service Associate in Yonkers, NY

    I worked at New York Community Bancorp full-time for more than 8 years

    Pros

    The staff are very friendly and family oriented. (depends on branch and management)

    Cons

    keeping up wit compliance, bank policy. no room for promotion.

    Advice to ManagementAdvice

    value your employees. they are really trying hard to make sales goals.

    Recommends
    Neutral Outlook
    No opinion of CEO
  10.  

    Great teller training

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

    I worked at New York Community Bancorp part-time for less than a year

    Pros

    The branch that I worked was very flexible with hours. The tellers were fun to work with and had been with the company many years.

    Cons

    Company was in transition from AmTrust to NYCB. The computer and management systems for tellers very mundane. Lots of steps to process teller transactions. Always had lines. Although I am not an employee anymore I still have a bank account with NYCB. There is always a line. This is not the case with another bank where I also keep money.

    Recommends
    Neutral Outlook
    No opinion of CEO
  11.  

    Good Experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Fsa  in  Livingston, NJ
    Current Employee - Fsa in Livingston, NJ

    I have been working at New York Community Bancorp part-time for more than a year

    Pros

    I enjoyed learning the ins and out of banking. Branch operations were fairly easy to learn because you have to do them everyday. Its a day job so i was always available to hang out with friends and attend family functions. Pay was good for what I did, considering i didnt do much. Its not a stressful job as a part timer.

    Cons

    I hated selling bank products. Getting people to open accounts or invest in CD's and sign up for promotional offers were pretty hard because when people come to the bank they already know exactly what they came for. Plus my branch was a slow branch.

    Advice to ManagementAdvice

    Managment was very into teamwork, unfortunately i know all branches arent the same. My best advice is to definitely treat employees with respect and enforce teamwork.

    Recommends
    Positive Outlook
    Approves of CEO

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