Square 1 Bank

  www.square1financial.com
  www.square1financial.com

Square 1 Bank Reviews

Updated November 18, 2014
Updated November 18, 2014
18 Reviews
3.1
18 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Square 1 Bank President & CEO Doug Bowers
Doug Bowers
8 Ratings

Employee Reviews

Sort: Popular Rating Date
  1.  

    Decent company

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

    I worked at Square 1 Bank full-time (more than an year)

    Pros

    It was a really decent place to work and I had the opportunity to interact with just about every department. Great pay and benefits and not very demanding of your personal time. Minimal micromanaging as long as you do your job. Very casual dress, except for Board days and the office culture is really good - lots of ways to get all employees involved on activities. Plus, it's a beautiful space to work in. I would go back, if the opportunity came up.

    Cons

    They get a lot of "fresh out of college" employees who have an entitlement attitude and that can be challenging.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Knew more than supervisor and shown the door

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

    I worked at Square 1 Bank

    Pros

    Dress code was great
    Co-workers were friendly
    ATC awesome
    Pay was great

    Cons

    If you know too much, you're in trouble. Their ABL was a train wreck.

    Advice to ManagementAdvice

    Don't ask for someone experienced and treat them like an idiot.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  3. 2 people found this helpful  

    Demanding place to work where success is rewarded

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

    I have been working at Square 1 Bank full-time (more than 8 years)

    Pros

    Square 1 is staffed by motivated people who are committed to doing their best, and want to grow professionally. For the right people, the demanding environment is invigorating. It presents opportunities to work with a huge variety of companies involved in cutting edge technologies and new developments in health care, as well as the venture capital community. The breadth of exposure to emerging industries seems endless. There are only a few banks in the country involved in venture lending, and none of them is growing as fast as Square 1 or as intent on expansion.

    Cons

    Regarding the issues referred to in other reviews, politics exist in every organization. Get used to it and learn to maneuver through it and rise above it. As for being on-call and working long hours, at Square 1 results will be rewarded and contributions will be recognized. That doesn’t happen everywhere.

    Advice to ManagementAdvice

    Keep soliciting feedback from staff and working to fix anything negative.

    Recommends
    Positive Outlook
    Approves of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. 2 people found this helpful  

    Wow

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

    I worked at Square 1 Bank

    Pros

    - Great learning environment.
    - Diverse group of individuals who bring a new perspective on credits and structuring.
    - Great opportunities to interact with your peers both in and out of the workplace.
    - Managment is quick to let those know when improvement is needed while adding a road plan for success. You are given ample opportunities to succeed before a potential separation occurs.
    - HR department could not be more friendly, dedicated, and approachable. You can tell they genuinely care about you as an individual.

    Cons

    - Long hours from time to time.
    - Communication with peers outside the office can be inefficient and slow.

    Advice to ManagementAdvice

    Continue to set clear expectations to employees and manage the underperformers out earlier than later. This is business, not personal, and the only way to continue to grow is through dedicated hardworkers.

    Side note, in doing so this may help eliminate former disgruntled employees who continue to post negative comments about the organization. I loved my time at Square 1 and although it was challenging at times I learned a lot and was able to apply this to my current job. Instead of pointing the finger at the organization the individual should be asking themselves what they could have done better to keep their job.

    Recommends
    Positive Outlook
    Approves of CEO
  6. 3 people found this helpful  

    Mean Girls- Seniors Edition

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Marketing Coordinator in Durham, NC
    Former Employee - Marketing Coordinator in Durham, NC

    I worked at Square 1 Bank full-time (less than an year)

    Pros

    The company overall seems like a fun and innovative place to work. As a company they have a good reputation with their clients, casual work environment and cool office.

    Cons

    From my second week working there, I realized that I was back in high school all over again, complete with cliques, lunchtime antics and finger pointing. I couldn't help but laugh daily at how pathetic these middle aged individuals’ were. I was hired to do a job, not be your friend, sorry. What’s worse is that HR is a joke. Instead of attempting to assist in coming up with a solution, they’d rather just tell you “Square 1 isn't for everyone.” Well you were so right ma’am, you guys have fun eating at Tyler’s, shopping online and gossiping about other co-workers. At the end of the day going to work is your release because clearly your personal life sucks.

    Advice to ManagementAdvice

    Be honest, when hiring. Let the person know they are there to be a friend not a colleague.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  7.  

    BAD

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Compliance in Durham, NC
    Former Employee - Compliance in Durham, NC

    I worked at Square 1 Bank full-time (more than an year)

    Pros

    Dress code, that's about it!

    Cons

    If one person who has a higher position in the company wants you out, then you will not have a job. It is worse than being in high school

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  8. 2 people found this helpful  

    Wonderful company for what it does, but it is like a high school and woe unto you if you are not one of the cool kids...

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

    I worked at Square 1 Bank

    Pros

    Wonderful to help out the startup companies. Clients are treated very well. The clients get to use the conference rooms for free for their meetings. You get to wear jeans every single day. Really a cool looking office.

    Cons

    It's like a high school in there. You have bullies, mean girls, the cool/popular kids, the nerds/unpopular kids...EVERYBODY has a title of Vice President. They pass out titles like candy. Just a backwards place to work. Employees are not valued or rewarded for working hard.

    Advice to ManagementAdvice

    Remember how you wanted to be treated as a lowly worker. Stop befriending the HR staff so that employees can feel comfortable enough to go to them if they need them instead of HR telling all of your business all over the bank.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  9. 1 person found this helpful  

    Analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Portfolio Analyst in Durham, NC
    Current Employee - Portfolio Analyst in Durham, NC

    I have been working at Square 1 Bank full-time

    Pros

    Square 1 has a great culture, and plenty of opportunities for advancement.

    Cons

    Salary at the analyst group level is low.

    Advice to ManagementAdvice

    Provide analysts with more responsibility.

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    Great place to work

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

    I have been working at Square 1 Bank full-time (more than 5 years)

    Pros

    Very exciting growth opportunities for personal development. Organization is growing rapidly. Supportive culture for employees and outstanding customer care focus.

    Cons

    The pool of experienced candidates in Durham is somewhat limited.

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    Fun Organization with Endless Opportunities!

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

    I have been working at Square 1 Bank full-time

    Pros

    If you are looking for a job that challenges you day in and day out Square 1 is a great fit for you. A day has not gone by in which I feel like I have not learned something new - whether it be a new business model, financial literacy, or how to more efficiently underwrite a credit. The work environment is almost the complete opposite of what you would find in Corporate America. The dress code is business casual, very little micromanagement (meaning you are asked to be in the office from 9-5:30 but what you do during that time is completely up to you. As an analyst you will have both daily and monthly deadlines but as long as they are completed on time and correctly there are no issues. If you want to leave campus for lunch, go workout at the Y, or go walk your dog that is up to you, you don't have to check in with anyone!), there is a pool table in the break room with a nice flat screen tv, friendly and fun co-workers - the list goes on! All departments interact with one another on both a professional and social basis - titles and positions do not create a barrier. Everyone is in the organization works together to make it as successful as possible, creating a very team oriented environment. Imagine, what 200+ employee organization can you imagine where you are able to walk into your CEO's office and start chatting or pick up the phone and have a conversation with your CCO - the lines of communication are always open!

    The Analyst Group is structured in a way that sets you up for success, but the main ingredient is for you as an individual to have the desire to go above and beyond. When hired you will undergo a training process of ~2 weeks, which can provide a great refresher on financials. Upon completing the training you are gradually integrated into your assigned portfolio and are assigned a more senior analyst to assist in the transition. It can be a lot to take on at first but if you let down your shield and ask questions and put in the time it will be a lot of fun in the end. From a hours/week worked I would not consider the Portfolio Analyst position to be a 9-5 job, but at the same time the management wants nothing more than for you to have a healthy work/life balance. The mentality is a work hard - play hard and if you maintain this attitude success will be rewarded. It is important to remember the bigger picture in that everyone has to start somewhere to reach the top!

    Cons

    At times communication can be difficult between outside offices as a result of time zone differences. The Analyst Group can experience times of high turnover, generally the result of promotion from within the organization. Therefore, causing a temporary disruption in workflow for the specific region(s) effected by the change.

    Advice to ManagementAdvice

    Continue to find ways to challenge employees and help them grow in their career - pushing each and everyone to put forth their best work at all times.

    Recommends
    Positive Outlook
    Approves of CEO

Work at Square 1 Bank? Share Your Experiences

Square 1 Bank

 
Click to Rate
or

Your response will be removed from the review – this cannot be undone.