Washington Mutual Reviews in Seattle, WA

Updated September 26, 2014
Updated September 26, 2014
351 Reviews
4.0
351 Reviews
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Washington Mutual Chairman & CEO JP Morgan Chase James Dimon
James Dimon
36 Ratings

Review Highlights

Pros
  • Good work/life balance, employees treated fairly, good company values, nice culture (in 40 reviews)

  • They offered great benefits and good supports for the families of employees (in 14 reviews)


Cons
  • Senior management was a mixed bag; lack of accountability at the highest levels (in 35 reviews)

  • Too many changes in upper management that disrupted the lower ranks - on a regular basis (in 15 reviews)

More Highlights

158 Employee Reviews Back to all reviews

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  1.  

    Washington Mutual was a great company to work for

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Manager - Finance in Seattle, WA
    Former Employee - Senior Manager - Finance in Seattle, WA

    I worked at Washington Mutual full-time (more than 8 years)

    Pros

    Washington Mutual was a great place to work at. There was a great worklife balance most of the time, centrally located in Seattle, executive management who cared about the community and community funcations.

    Cons

    Lack of communication with employees

    Advice to ManagementAdvice

    Communicate with your employees before the press

    Recommends
    Negative Outlook
    No opinion of CEO
  2.  

    Great company to work for.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - First Vice President in Seattle, WA
    Former Employee - First Vice President in Seattle, WA

    I worked at Washington Mutual full-time (more than an year)

    Pros

    Excellent attention to employees and customers.

    Cons

    Unable to manage their business risks.

    Advice to ManagementAdvice

    Don't come back.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  3.  

    Culturally, one of the better ones

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

    I worked at Washington Mutual full-time (more than 3 years)

    Pros

    Opportunities, culture, people. Major bank that was expanding rapidly and creating many job opportunities.

    Cons

    Too many changes in upper management that disrupted the lower ranks - on a regular basis.

    Recommends
    Negative Outlook
    Disapproves of CEO
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  5.  

    Crazy but fun

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Technology Manager in Seattle, WA
    Former Employee - Senior Technology Manager in Seattle, WA

    I worked at Washington Mutual full-time (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.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  6.  

    It was a great experience while it lasted.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Financial Analyst in Seattle, WA
    Former Employee - Senior Financial Analyst in Seattle, WA

    I worked at Washington Mutual full-time (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 ManagementAdvice

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

    Recommends
    Neutral Outlook
    Disapproves of CEO
  7. 1 person found this helpful  

    Lack of Leadership at all levels.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Human Resources Business Partner in Seattle, WA
    Former Employee - Human Resources Business Partner in Seattle, WA

    I worked at Washington Mutual full-time (more than an year)

    Pros

    Generally a fair working environment.

    Cons

    Lack of integrity at the leadership levels.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  8. 1 person found this helpful  

    Good people hurt by bad decisions

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Financial Analyst in Seattle, WA
    Former Employee - Senior Financial Analyst in Seattle, WA

    I worked at Washington Mutual full-time (more than 10 years)

    Pros

    I was in a great group that drove enterprise finance support for the company. We had a lot of synergy and were recognized as subject matter experts in our roles. My manager was demanding but also collaborative and supportive.

    Cons

    Shame that so many good people who worked hard were impacted by such a short-sighted risk management strategy.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  9. 1 person found this helpful  

    Company Review

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Associate General Counsel in Seattle, WA
    Current Employee - Associate General Counsel in Seattle, WA

    I have been working at Washington Mutual full-time (more than 8 years)

    Pros

    Great people, great benefits, great job.

    Cons

    Extremely poor executive management who destroyed the Bank.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  10.  

    A rewarding experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Database Administrator in Seattle, WA
    Former Employee - Senior Database Administrator in Seattle, WA

    I worked at Washington Mutual full-time (more than 5 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.

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    It's about leadership

    • Comp & Benefits
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    Former Employee - Vice President in Seattle, WA
    Former Employee - Vice President in Seattle, WA

    I worked at Washington Mutual full-time (more than 10 years)

    Pros

    The vision was exciting at first and I was proud to be a part of WaMu. I was able to do some of my best work, with some very creative and bright people.

    Cons

    Leadership--and by that I mean the C suite--got caught up in ego gratification and hubris. For the three to four years before the company went under it was all about the numbers.

    Advice to ManagementAdvice

    Learn from your mistakes and surround yourself with people who tell you the truth ... and then resist the urge to run them off if you don't like what you're hearing.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

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