Washington Mutual Reviews

Former Employee – worked at Washington Mutual

Pros – Great development opportunities
Meaningful work
Fun environment
Competitive benefits, perqs and pay

Cons – Too heavily focused on mortgage business
Very sales centric - not balanced with risk management
Many long-term employees were complacent and rode the wave up

Former Employee – worked at Washington Mutual full-time for more than 3 years

Pros – The company provided access to current mortgage holders

Cons – The Company didn't offer products for the areas in which the branches were located

Advice to Senior Management – Have better products

No, I would not recommend this company to a friend

Former Employee – worked at Washington Mutual full-time for more than 8 years

Pros – Lots of room to learn, plenty of opportunity. Lots of collaboration and the chance to work on completely new projects. I really enjoyed my time there, and learned a TON. Plenty of opportunity to work with senior management closely, if you were working on strategically aligned projects.

Cons – Absolutely crazy as everything crashed... no work/life balance, disregard for long term business reality in pursuit of short term immediate financial gain.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

Former Employee – worked at Washington Mutual full-time for more than a year

Pros – great salary and benefits...easy work flow if your organized

Cons – management was more concerned with meeting quotas

No, I would not recommend this company to a friend

Former Employee – worked at Washington Mutual full-time for more than 3 years

Pros – If you want to, there was room to move up from the bottom.

Cons – But the ceiling wasn't very far from the ground when it came to advancement.
The biggest disappointment, was seeing the change from being a banker and assisting people in their financial needs. Giving them clarity on what opportunities they had to make the best of their money. Counseling customers on how to manage funds. -- To trying to convince every single customer to open more and more accounts. Far more than they needed. Over and Over.

Advice to Senior Management – No banker needs to be pushy. Lay-off. It's a burden on the customer to be treated like an asset.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

Current Employee – been working at Washington Mutual

Pros – got to wear a suit

Cons – got to wear a suit all the time

No, I would not recommend this company to a friend

Former Employee – worked at Washington Mutual full-time for more than 3 years

Pros – Benefits are great and they promote education

Cons – Politics don't belong in fraud area

Advice to Senior Management – Micro management works in Customer Service not in Fraud

Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

Former Employee – worked at Washington Mutual full-time for more than a year

Pros – Despite some interesting growth opportunities, I'd call it a job and not a career. Decent pay, high turnover. Upper movement determined on office politics rather than merit. But I suppose that's true at many places.

Cons – Upper management pushes some questionable growth numbers. Is it possible for a small branch to open 100+ new accounts in a month? Definitely. Are those accounts really needed and necessary in a small community? Probably not.

Advice to Senior Management – A mission statement should be a mission statement, not a PR device to brainwash employees and consumers alike into thinking poor money management, big fees, and behavior inconsistent with said mission statement.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

Former Employee – worked at Washington Mutual full-time for more than 3 years

Pros – I truly enjoyed my time at WaMu. I loved my team and the people I worked with, learned a lot, was challenged by the work I did and liked the company's culture.

Cons – Getting shut down by the FDIC and being devoured by JPMorgan was kind of a downer.

Advice to Senior Management – Ignoring risk and lending out to anybody regardless of whether they can repay the loan isn't really a good business model.

Yes, I would recommend this company to a friend

Former Employee – worked at Washington Mutual full-time for more than 7 years

Pros – It was a nice work environment, coworkers were great.

Cons – too much red tape and hard to get point across

Advice to Senior Management – listen more to your reports.

No, I would not recommend this company to a friend