Union Bank N.A.

  www.unionbank.com
  www.unionbank.com
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Union Bank N.A. Reviews

Updated September 13, 2014
Updated September 13, 2014
248 Reviews
3.2
248 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Union Bank N.A. President & CEO Masashi Oka
Masashi Oka
111 Ratings

Review Highlights

Pros
  • benefits,opportunity to grow, work life balance, work at home option policy (in 22 reviews)

  • Very good benefits with exception of their health insurance, which it is extremely expensive (in 14 reviews)


Cons
  • Much of senior management is top notch - very few bad eggs (in 14 reviews)

  • Upper Management doesn't always listen to ideas/opinions of their employees (in 14 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1. 2 people found this helpful  

    Senior Relationship Banker

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

    I have been working at Union Bank N.A. full-time for more than 3 years

    Pros

    Good benefits, decent pay, friendly co-workers, loyal-based clients and plenty of recognition if you surpass sales goals. Sales goals are attainable, but you need to work hard, it isn't an easy job.

    Cons

    Poor career path development, technology is old and there are so many systems that you forget which you need to use, incentive plan changes more than once per year, bankers are pulled into so many directions and are expected to know about many different products in detail. Business partners are not very good and they encourage hiring externals rather than promoting within.

    Advice to ManagementAdvice

    Create a clear career path for commercial lending, home mortgage and invests. Create a training platform to promote people from within,
    Update out technology, it takes away time from sales people and we could be more productive
    Increase sales bonuses even if that means lower base salary, this only encourage lazy bankers to keep just doing the minimal and get paid well

    Recommends
    Positive Outlook
    Approves of CEO
  2. 1 person found this helpful  

    Excellent company for self starters!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Relationship Banker  in  Everett, WA
    Former Employee - Senior Relationship Banker in Everett, WA

    I worked at Union Bank N.A. full-time for less than a year

    Pros

    Management is super flexible with activities, as long as you show results. I wasn't micromanaged at all and was motivated to do better every day. They pay well for the little that's expected of you.

    Cons

    Not the place for a new banker who has no connections or clients to ask for referrals. You can't sit at this bank and wait for business to walk in. You must be prepared to pound the pavement.

    Advice to ManagementAdvice

    Upper management in retail banking is solid. They don't need to change in my opinion.

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Good company to work for with opportunity for career growth

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Vice President, Finance  in  Los Angeles, CA
    Current Employee - Vice President, Finance in Los Angeles, CA

    I have been working at Union Bank N.A. full-time for more than 8 years

    Pros

    Great company to work for if you looking for career growth and lots of change. Depending on your position and manager, you may have flexible work options including telecommuting. The bank has a strong leadership team and they communicate regularly to all employees on company-wide conference calls. There is 401(k) matching, educational reimbursements, participation in WageWorks, and the cost of the medical benefits feels to be on par with other banks. There is a good internal career site that is updated frequently and a published list of bankwide guidelines that help create a common basis for performance reviews.

    Cons

    Although there is currently many career growth opportunities within the company, company policy limits how much your salary can increase per pay grade preventing internal candidates to fully realize the market rates for their skill sets. This creates frictional unemployment and causes an outflow of talented people. Also, 401(k) matching could greater to be on par with other financial institutions.

    Advice to ManagementAdvice

    I think we would like more opportunities to meet and hear career stories from upper management, even if its in a large group setting.

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    Tons of change - good and bad

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

    I have been working at Union Bank N.A. full-time for more than 5 years

    Pros

    For the past 4 or so years, UB has been going through tons of change with the goal to grow to a top 10 US bank
    - Updating outdated policies and instilling aggressive revenue/growth goals
    - Lots of new blood challenging status quo
    - Good opportunity to grow quickly if you position yourself in a good spot
    - Bank is financially secure with tons of hiring and capital injection from Japan

    Cons

    Still a long way to go
    - technology is decades behind
    - business processes and basic business management is lacking, especially in Commercial Bank
    - with growth comes significantly greater influence from Japanese parents, losing autonomy

    Positive Outlook
  6.  

    Business Integration

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Union Bank N.A.

    Pros

    Union Bank's goals of being a top tier commercial bank in the U.S. and provides opportunities for individuals across the organization.

    Cons

    Adopting to a new management culture.

    Advice to ManagementAdvice

    Be as open to your employees as is legally possible.

  7.  

    good bank to work with

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Union Bank N.A.

    Pros

    nice benefits, good environement, good location

    Cons

    lack of proper leader ship and vision..

  8. 1 person found this helpful  

    Nothing more rewarding than a bank who invests into their own people.

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

    I have been working at Union Bank N.A. part-time for less than a year

    Pros

    The bank tries hard to invest into their own people by providing professional training, seminars, and mentors. Unlike other top retail banks, Union Bank gives opportunities to their own qualified employee's first before anyone else. Things like community involvement, philanthropy, and volunteering is required for every employee who works of the bank. In addition, the networking atmosphere and the company's intranet is what differentiates this bank amongst the other competitors.

    Cons

    One drawback about Union Bank is that it doesn't formally train their employee's for any sort of certifications. Six Sigma, Financial series, and NMLS certified are the only licenses/certifications I can think that the bank offers/reimburses. Things like getting you Project Management License, technical computer licenses, or any formal training is not offered off the top of my head.

    Advice to ManagementAdvice

    Offer more training avenues for the employee's and allow a better internship program for rising college students working in the bank.

    Recommends
    Positive Outlook
    No opinion of CEO
  9. 1 person found this helpful  

    Outdated business model and technology with politics outweighing performance for opportunities to advance.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Branch Manager  in  San Jose, CA
    Former Employee - Branch Manager in San Jose, CA

    I worked at Union Bank N.A. full-time for more than 3 years

    Pros

    They pay above industry average for most positions. Had a nice benefit package with 401k, medical, dental, vision and some employees have opportunity for pension benefits depending on date of hire.

    Cons

    Archaic systems that make providing best in class service a real challenge. Tenured employees who are resistant to change slow down actual growth and create an environment where rewards are determined by politics instead of performance and merits.

    Advice to ManagementAdvice

    Consider eliminating unnecessary layers of management in order to re-allocate budget for increased staffing in customer facing roles and take action on employee feedback.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  10.  

    Sr. Relationship Banker

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Relationship Banker  in  San Jose, CA
    Current Employee - Senior Relationship Banker in San Jose, CA

    I have been working at Union Bank N.A. as a contractor for more than 5 years

    Pros

    Great working environment. Company and upper management really care about the employees. Good health care and 401K benefits. Has a good work/life balance. Pays higher salary compared to other banks.

    Cons

    Does not do a well job of promoting from within. Because of the small size of company it can be difficult to excel in career and at times may need to relocate due to position. Took away pension plan which was offered in the past. Company always going through changes with lots of employee changes.

    Advice to ManagementAdvice

    Work on your internal employees and advance their career by promoting within and offering more training to excel the employees into higher positions to follow their career path.

    Recommends
    Neutral Outlook
  11. 1 person found this helpful  

    I worked at Union Bank N.A. full-time

    Pros

    They let us know way in advance that we would be laid off

    Cons

    Besides being laid off, they were very segmented. Often the right hand did not seem to know what the left hand was doing., or you heard that is not my department a lot.

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