Pacific Western Bank

  www.pacificwesternbank.com
  www.pacificwesternbank.com

Pacific Western Bank Reviews

Updated September 15, 2014
Updated September 15, 2014
8 Reviews
3.4
8 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
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Matthew P. Wagner
2 Ratings

Employee Reviews

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  1.  

    A good starting place within commercial banking.

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

    I have been working at Pacific Western Bank full-time

    Pros

    - The management staff is very supportive and create a good environment for employees.
    - Decent benefits, including covering commuting costs such as metro/parking.
    - A low pressure atmosphere; in saying this, you are obviously expected to get your work done and be a good employee, but management isn't going to be constantly micromanaging.

    Cons

    - There isn't always a clear pathway for promotion and the process for promotion can take much longer than it should. The company should take a much better look at their younger employees before interviewing outsiders for positions.

    Advice to ManagementAdvice

    Overall Pacific Western Bank (CapitalSource) has been a great place to work. I would recommend evaluating the younger talent within the company before looking at outside candidates for open positions.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    It's not WHAT you know, it is WHO you know to these people!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Administrative Assistant in San Diego, CA
    Former Employee - Senior Administrative Assistant in San Diego, CA

    I worked at Pacific Western Bank full-time (more than 5 years)

    Pros

    The only pro to this company is 85% of the employees are all treated badly so you always have someone to discuss the horrible practices and horrible management with that can relate.

    Cons

    It doesn't matter if you do your job and do your job well. If you are not personally known by the top 5% (share holders or Executive Management) you are never getting anywhere with this company. On the other hand if you happen to know one of them you can walk in the door getting 60,000 a year, do nothing and get promoted and make almost $100,000 a year plus bonus. Also beware, if they purchase or merge with another institution they will keep employees on to have them do the grunt work for six months. At the six month mark they will fire 90% of the institution staff and preselected of their own staff so they can use the "merge" as an excuse. Turn around within 3 months and hire someone for that same position at a higher rate that is a personally known friend of the social circle.

    They are a "Commercial" bank because just like with their employees they only care about the top 5% that have the most money. For my annual bonus (VP and higher get 15%, lower than VP up to possible 5%) my Manager's exact words were "The Company doesn't view your position as a profit making role so unfortunately they would only approve a 3% bonus."

    Advice to ManagementAdvice

    Advice to Management would be, pay attention to who really performs instead of how well they are known within your personal social circle.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  3.  

    Stuck in the dark ages

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Branch Staff in San Diego, CA
    Current Employee - Branch Staff in San Diego, CA

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

    Pros

    There are a lot of opportunities to change positions

    Cons

    Branch staff has no authority in own branch. Everything is audited by another department. Very behind in technology- still keep paper records for everything!

    Recommends
    Neutral Outlook
    No opinion of CEO
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  5.  

    Hard to get up and go to work in the Phoenix Office

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

    I have been working at Pacific Western Bank full-time

    Pros

    Pay is good and benefits are awesome.

    Cons

    I enjoy what I do, but the atmosphere in the Phoenix office is uncaring as long as they meet their goals. Other employees walk by you in the hall and don't even say Hi, even your own supervisor! You dont get a morning break and sometimes lunch isn't until 2pm - but your supervisor may leave around noon or so to have lunch. What leadership message is that sending?

    Advice to ManagementAdvice

    When you aquire another company, send an "undercover boss" to that location to make sure the company is working ethically with ALL employees. Lots of favortism/discrimination in the this office. When upper management comes from CA, out come the polite and caring side of Phoenix management for that day. Hopefully this gets better soon.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  6.  

    The job was great, the people were great.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Help Desk Analyst in San Diego, CA
    Former Employee - Help Desk Analyst in San Diego, CA

    I worked at Pacific Western Bank as a contractor (less than an year)

    Pros

    I had the tools that I needed and the support.

    Cons

    Not enough in-house employees to help with the tasks.

    Advice to ManagementAdvice

    NA

    Recommends
    Neutral Outlook
    No opinion of CEO
  7.  

    A short time and a great experience over all.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Help Desk Technician in San Diego, CA
    Current Employee - Help Desk Technician in San Diego, CA

    I have been working at Pacific Western Bank as a contractor (less than an year)

    Pros

    Everyone was great to work with.

    Cons

    I don't have anything to say bad about working for the company.

    Recommends
    Positive Outlook
  8.  

    Overall worked nicely for the part-time position I had

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee in Los Angeles, CA
    Former Employee - Anonymous Employee in Los Angeles, CA

    I worked at Pacific Western Bank

    Pros

    Bankers hours where nice to have

    Cons

    I didn't find potential to move into a new position

    Advice to ManagementAdvice

    Offer more potential to employees looking to learn more and move up

    Recommends
  9.  

    not a good company to work at

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

    I have been working at Pacific Western Bank

    Pros

    pressue is lower than the main stream banks

    Cons

    too many mergers happened in the past 10 years.

    Advice to ManagementAdvice

    Need more managemnet training to all level mangers

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