Washington Mutual Reviews

Former Employee – worked at Washington Mutual full-time for more than 10 years

Pros – Corporate culture
Advancement Opportunity
People you work with are awesome
Value placed on employees

Cons – Many people moved thousands of miles and the center was closed down shortly after.
Wrong people stayed in leadership for too long

Advice to Senior Management – Listen to employees and don't ask them to move

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 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 – Career development
Training opportunities
Fair Recognition and Rewards

Cons – Once you are good in a field they were not encouraging or supportive of switching. Techies were discouraged from going into management for example.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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

Pros – Great compensation compared to larger banks.

Cons – Unfortunately it went under however was saved by JP Morgan Chase.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

Former Employee – worked at Washington Mutual

Pros – Good pay, benefits, culture. Support in-house promotion vs. outside hiring unless. Excellent stock options and benefits made this a good place to work.

Cons – Failure to see that risky lending practices and a greed for money took over vs. doing the right thing for the customer and the employees ended in the Bank failing.

Advice to Senior Management – I think the Bank could have remained a strong and solid Bank if it wasn't for the loosing of lending guidlines and a "race to the bottom" to approve any and all loan applications. Housing prices, borrow incomes, and FICO scores, are always a snap shot in time---and while that is how all loans are u/w placing more conservative guidelines could have made all the difference!

Yes, I would recommend this company to a friend

Former Employee – worked at Washington Mutual

Pros – They were growing extensively, lot of new product and new market. Employees were recognized for their performance and hard work.

Cons – Sometimes there was too much red tape to get things done. There could have been more training in some areas.

Advice to Senior Management – The company was bought by Chase and they have changed how the products are offered to different markets, and even the look of the financial centers.

Yes, I would recommend this company to a friend

Former Employee – worked at Washington Mutual

Pros – Good upward mobility, above average compensation, professional yet fun environment. Washington Mutual was a company that respected and rewarded the work of its employees.

Cons – Emphasis on diversity sometimes seemed to trump professional qualifications. The company was a bit to political polar for my taste. And it was apparently too appetizing for Jamie Dimon.

Advice to Senior Management – Don't trust the Federal Reserve, Treasury Department, FDIC, or Office of Thrift Supervision. This was a good company and a lot of good people lost their shirts. Obviously, some closed-door meetings and palm greasing led to the fire sale for pennies on the dollar.

Yes, I would recommend this company to a friend

Former Employee – worked at Washington Mutual

Pros – rewarded for hard work, ability to promote within the company

Cons – they went out of business

Advice to Senior Management – should have focused more on the branches instead of home loans

Yes, I would recommend this company to a friend

Former Employee – worked at Washington Mutual

Pros – Great Collegues and the kind of work you did

Cons – They sometimes go on a hiring spree and take on too many people.

Yes, I would recommend this company to a friend

Current Employee – been working at Washington Mutual

Pros – Co-workers are great to work with.

Cons – The customers can be demanding.

Yes, I would recommend this company to a friend