U.S. Bank Reviews

Updated August 29, 2015
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2,160 Employee Reviews

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  1. Helpful (1)

    Branch Manager IV

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Branch Manager IV, in Sagle, ID
    Current Employee - Branch Manager IV, in Sagle, ID
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at U.S. Bank full-time (More than 5 years)

    Pros

    Stable company with strong senior management and great business ethics.

    Cons

    Too much of a "what have you done for me lately" approach resulting in quality, long-term employees feeling dissatisfied. Expensive benefits.

    Advice to Management

    Consider your existing employees and look at their overall track record, not just the past few months.


  2. Helpful (1)

    Great bank

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Manager in Minneapolis, MN
    Current Employee - Manager in Minneapolis, MN
    Recommends
    Positive Outlook

    I have been working at U.S. Bank full-time (More than 3 years)

    Pros

    Great corporate culture, stimulating analytical work, great bonus

    Cons

    Somewhat lower salaries but competitive for the area.


  3. Universal Banker

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Universal Banker II in Long Beach, CA
    Former Employee - Universal Banker II in Long Beach, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at U.S. Bank (Less than a year)

    Pros

    Worked for the bank 8 years- I have always worked in a bank for my entire career. The company is very ethical and stresses to do the "best for the customer" ALWAYS! Slow to make technical updates to assure that all processes are in place and working properly.

    Cons

    401K plan is better than some- medical is fine. Pay is below par and annual increases are lousy.

    Advice to Management

    Make policies more consistent across the footprint- many policies are too vague. Richard Davis is a great, personable leader who epitomizes integrity.


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  5. Deposit Processing Spesialist

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Deposit Processing Specialist in Anoka, MN
    Current Employee - Deposit Processing Specialist in Anoka, MN
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at U.S. Bank full-time (More than 5 years)

    Pros

    US Bank has great benefits: paid holidays and sick days, dental and medic insurance, ans 401k. US Bank is great place to acquire experience to work in team, customer service and business.

    Cons

    US Bank has cons: work at night shift, slow growing, and monotonous work every day.

    Advice to Management

    To help employees be happy at work every day, do some surprise every day, organize every day some small business meetings.


  6. Underwriter

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    This position offers flexible working hours, and the management team is very helpful. Best department that I have worked for so far in my career.

    Cons

    The work can get boring. And the bankers you deal with do not know what you do and barely know what they do.


  7. Structured Financial Analyst investor reporting

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Structured Financial Analyst in Chicago, IL
    Former Employee - Structured Financial Analyst in Chicago, IL
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at U.S. Bank full-time (More than a year)

    Pros

    Work life balance is decent, some long nights can be expected. 401k match is 4% if you take advantage of it. Subsidize part of monthly transportation cost. Low stress environment to gain technical skills. Some continued skill building training but not enough to make a difference.

    Cons

    With the good comes the bad, in this case lots of it. Your experience in the Chicago location will depend solely on who is your direct manager, some take the time to provide guidance and support, others look at you as a completely replaceable part of the machine. Low morale, low pay compared to industry norms. High turnover rate. Lack of retention of quality employees. Division sets unreasonable goals which impact end of year bonus (not in a good way). Don't expect opportunity for growth within structured finance as it is very top heavy, if management is content, then very little thought is given to analyst level employees. The culture in the Chicago location has been toxic for the last 2 years but is slowly starting to change, Only transferable skills gained are technical, all other aspects of structered finance are niche and do not carry over to broader financial industry. No employee perks (not even coffee). There is no incentive to out perform peers because there is no pay for performance.

    Advice to Management

    Management needs to pay for performance and adjust salary to market. Retain talent, the reason people leave is because they gain skills and then leave after 2 years to get 25% pay increase elsewhere. Invest in your employees. Conservative or not, the bank is experiencing brain drain by failing to keep high performing employees happy. Stop turnover, it creates a toxic environment and low morale. In my time before I left the bank over 20 people had left in 2 years. Almost 1 per month, that is unacceptable and should be a red flag that change is needed. Give Boston and Irvine more work as Chicago has been the work horse of GSF-IR since 2008


  8. Foreclosure Specialist

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

    I worked at U.S. Bank full-time

    Pros

    The learning experience is great. Nice coworkers.

    Cons

    Hectic environment, too much to handle, even for supervisors and managers. In Michelson Irvine CA you have to pay your monthly parking about $60

    Advice to Management

    Parking is an business expense assume it. Stop the favoritism, would be nice to apply the equal pay act


  9. Securities Operations Specialist

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Great place to start your career. Friendly atmosphere to work in. Most managers are very laid back and know you have a life outside of work.

    Cons

    Poor pay compare to other banks. Only way to get promoted is if your in the click with managers. They play favoritism. Mangement makes promises but never intends to keep them.

    Advice to Management

    Look outside the box. Give the hard workers a chance to be promoted instead of the people you go to happy hour with.


  10. Executives need to be watched

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Manager in Saint Louis, MO
    Former Employee - Manager in Saint Louis, MO
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at U.S. Bank full-time (More than 3 years)

    Pros

    Great people and overall a good, solid company (compared to the other major banks).

    Cons

    Too much faith in executive management. I have seen entire departments let go using shady legal tactics.

    Advice to Management

    Instead of trusting everything that your SVPs are telling executive staff, get some feedback from the management teams. Too many people are let go for ridiculous reason...GOOD people.


  11. Helpful (1)

    Wealth Management

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at U.S. Bank full-time

    Pros

    Good co-workers, benefits, and opportunity to give back to the community. Rewards and recognition appreciated.

    Cons

    Politics and red tape. Large organization to navigate. Can be isolating at times. Top level management sometimes seems accountable to no one.

    Advice to Management

    Accountability for higher ups. Suggest 360 degree review process for all levels. Depending on your manager, micromanagement needs to be kept in check.



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