Standard Bank and Trust Co.

www.standardbanks.com
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Standard Bank and Trust Co. Reviews

Updated July 26, 2015
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3.5
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Lawrence P. Kelley
1 Rating

10 Employee Reviews

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  1. Great place

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Teller in Carbondale, IL
    Former Employee - Teller in Carbondale, IL
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Standard Bank and Trust Co. (More than a year)

    Pros

    good people, nice environment, nice customers

    Cons

    old fashioned, systems need to be updated, mobile app needs to be updated.

    Advice to Management

    update!


  2. Universal Banker

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at Standard Bank and Trust Co. full-time

    Pros

    Good company to start with

    Cons

    Terrible training program. Management gets upset when you don't know something yet training is insufficient.


  3. Branch banking

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend

    I have been working at Standard Bank and Trust Co. full-time (More than 5 years)

    Pros

    Friendly employees. Nice branch atmosphere. Low key sales goals

    Cons

    Absolutely no room to grow. Company seems to find quality people to fill the available positions and then likes to keep them in that position forever. Branch managers never seem to advance therefore everyone else just stays put. Very big on community service unfortunately that doesn't bring in the business that the bank needs. Very low pay plus insurance is extremely expensive

    Advice to Management

    Compensate the current employees for their loyalty and experience


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  5. Helpful (1)

    Good company, compensation was lacking for industry (senior management not included)

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

    Pros

    Good work/life balance, nice culture

    Cons

    Compensation and lack of raises


  6. Helpful (1)

    Not a good place to work

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    No opinion of CEO

    I worked at Standard Bank and Trust Co. full-time

    Pros

    Benefits were good (profit sharing, 401k match), most customers are friendly, some of the colleagues are wonderful, no sundays

    Cons

    Worst hourly pay for a bank in the area (was told this by HR upon hiring), no room for advancement, managers don't know how to work teller line, company seems unwilling to change

    Advice to Management

    Listen to the tellers - they are the first people that the customers see and if they aren't happy neither are the customers. Managers need to stop having favorite employees - too many times they are listening to their favorites and not the facts.


  7. Helpful (1)

    Entry-Level Banking Experience Without Much Room to Grow.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Personal Banker
    Former Employee - Personal Banker
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Standard Bank and Trust Co. full-time (More than a year)

    Pros

    *Low-key sales atmosphere compared to other retail banking environments. *Work with the same customers/get to know your clientele. *Attend community events as a brand ambassador. *Quiet working hours without much going on.

    Cons

    *Almost no room to advance - as a community bank, this is a much different experience than working at your Bank of Americas, Chases or Citibanks, but there is absolutely no development plan in place for retail employees. *Changing work environment has made a lot of employees expendable. During my time there, a lot of the teller positions were being outsourced to temp/staffing agencies. *Almost nothing to do during the day - this was a pro for me to be able to get a lot of school work done when no customers were in the bank, but it became so boring after a while that it was almost unbearable. *No real support from management - our branch manager was out of the office all of the time, trying to "stir up new commercial business" which left us alone without a manager to try and figure out situations where a customer wanted a fee waived or charges dismissed. *Lack of training - the training department is a total joke, so if you want to advance yourself, it forces you to look outside of the company. They also don't spend any money on marketing, (literally had signs in the branch to sign up for debit card!) so it's extremely difficult to compete with larger banks - I don't know if they have a commissions program available now, but I left after getting promised they would establish one for 2 years and never seeing it.

    Advice to Management

    Pay your Personal Bankers a commission and produce opportunities for advancement, otherwise you will continue to lose good people. Also, this company needs a serious reexamination of nepotism standards. The Board of Directors family members kept getting hired in higher positions. In short, your company values are not represented in the hiring process...


  8. good employer

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Deputy Director in Baku (Azerbaijan)
    Former Employee - Deputy Director in Baku (Azerbaijan)
    Recommends
    Positive Outlook

    I worked at Standard Bank and Trust Co. full-time (More than 10 years)

    Pros

    the company values its employees and has loyalty programs. overall, the company has a good management.

    Cons

    no serious cons. it is just perhaps a company needs more talented employees and a bit higher salaries

    Advice to Management

    more open to new ideas


  9. Banking and finance, both Data capturing and Administration

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Document Controller in Pretoria, Gauteng (South Africa)
    Former Employee - Document Controller in Pretoria, Gauteng (South Africa)
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Standard Bank and Trust Co. full-time (More than a year)

    Pros

    There is fun and workshops that educates us, eg Id training, Fraud workshops and the importance of Confidentiality.

    Cons

    I was a temp staff and that comes with no medical benefits and leave.

    Advice to Management

    I believe i am suitable for this position


  10. Great place to work, everyone is friendly and you create long lasting friendships with co-workers!

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

    I worked at Standard Bank and Trust Co. part-time (More than 3 years)

    Pros

    Friendly environment, good company culture, good hours, time off on all major holidays.

    Cons

    The pay could be better!


  11. Good bank

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Loan Officer
    Former Employee - Loan Officer
    Recommends
    Neutral Outlook

    I worked at Standard Bank and Trust Co. full-time (Less than a year)

    Pros

    small bank so that you dont get lost in the shuffle

    Cons

    Not many chances for advancement

    Advice to Management

    keep up the good work



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