AmeriBanc National Reviews | Glassdoor

AmeriBanc National Reviews

47 reviews

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3.1
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AmeriBanc National CEO Dan Lewis
Dan Lewis
13 Ratings

47 Employee Reviews

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Pros
  • "AmeriBanc truly cares for its employees and offers great pay and wonderful benefits" (in 3 reviews)

Cons
  • "However, there is potential in all sales positions, and there are much better ones than this" (in 2 reviews)

More Pros and Cons

  1. "Great Company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Account Executive in Frankfort, KY
    Current Employee - Account Executive in Frankfort, KY
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Training Provided, leads provided, all it takes to succeed here is you

    Cons

    This is a great company who understands that to be able to succeed, that it's sales force had to succeed as well. They provide the sales force everything it needs to be successful. No cons.

    Advice to Management

    Update training videos


  2. "Merchant Consultant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    No opinion of CEO

    I have been working at AmeriBanc National full-time

    Pros

    Provided leads were a plus

    Cons

    Weird management style, no autonomy of "salespeople"

  3. "Great Place to Work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Tele-Sales in Oklahoma City, OK
    Current Employee - Tele-Sales in Oklahoma City, OK
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at AmeriBanc National (More than 3 years)

    Pros

    Freedom to be sucessful. Great pay. Benifits are good. Very non-judgemental.

    Cons

    Don't be late or have unexcused absences.

    Advice to Management

    How do you improve on perfection?


  4. "Is honesty really necessary?"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Sales Consultant in Oklahoma City, OK
    Former Employee - Sales Consultant in Oklahoma City, OK
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at AmeriBanc National full-time (More than 3 years)

    Pros

    Make fast cash, no drug testing or background checks, lack of management, no need for honesty or integrity, company potlucks and occasional spiffs with good bonus structure when paid correctly

    Cons

    No benefits, inaccurately paid, lack of management, lack of growth opportunities, hostile work environment, bullying, incorrect training on product knowledge

    Advice to Management

    Train your employees, accurately explain products and services to prevent lies and customer dissatisfaction, operate as a company instead of a highschool


  5. "Telesales"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Telesales in Oklahoma City, OK
    Current Employee - Telesales in Oklahoma City, OK
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at AmeriBanc National full-time (More than 3 years)

    Pros

    MONEY$$$ If you like money this is the place to be. With the base pay & opportunity to make endless commissions , If you have the right mind set you're golden!

    Cons

    Like most sales jobs there are lows and there are peaks, It's up to your attitude to stay on top!

    Advice to Management

    All in all they do a good job with working with each individual , Some days management can be harder than others but , it's the name of the game!


  6. "Ameribanc Sales is a great job for someone for those that want flexibility and escape the phony corporate world"

    StarStarStarStarStar
    • 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

    I have been working at AmeriBanc National full-time

    Pros

    If you are organized and good with building relationships, this is a decent sales job. Management is really supportive and will bend over backwards to help you close a sale.

    Cons

    Like in any sales job, if you can't build rapport and trust with your customer, you will be very disappointed.

    Advice to Management

    Appts: Sometimes the appointment setters will set crap leads just to make their quotas. It's a waste of everyone's time. e.g. Why schedule an appointment with an accountant after April 15th? Those appts should be heavily concentrated and booked at the beginning of the year? Body Shops and Funeral Homes are a long shots since they rarely accept credit cards but they do have some potential.
     Mileage: A modest mileage stipend should be paid for making it to an appointment and at least getting a manager on the phone. Driving an hour to an appointment and not getting a face to face with the owner for whatever reason can be very demotivating when you realize you just wasted your time and gas for absolutely nothing. A $10 per run fee paid to the sales agent would go a long way to aid in rep retention......especially since Ameribanc is one of the only companies to not pay a residual. While next day pay is a nightmare for payroll, it is another fabulous way to retain good sales agents


  7. Helpful (3)

    "Dry sales office not alot of excitement"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Inside Sales in Wheaton, IL
    Former Employee - Inside Sales in Wheaton, IL
    Recommends
    Negative Outlook

    I worked at AmeriBanc National full-time (Less than a year)

    Pros

    Great place to learn the initial ins and outs of the Bank card process

    Cons

    Stale leads and management is un organized you ask a simple question that should be a easy answer for this kind of company and it takes hours sometimes days to get even a vague answer back to you, also they do not provide everyone with the same lead sources and then act like the people that have been there for years are so much better salesmen when in reality they are only double dipping accounts they also lie about what money they make rather then being honest and up front for instance if you sell a payment jack they dont pay you but if you give out free equipment you get paid and the logic of it makes absolutely no sense and they claim they dont get paid for it thats why they dont pay for it when in reality they do get paid the same wether its a free placement terminal or a payment jack or even a Point of sales system

    Advice to Management

    Cut out favoritism and treat everyone equally, provide everyone with the same tools and make it a real competition its very discouraging workin ur tale off thru the leads to have the person next to you make only a few calls

  8. Helpful (1)

    "Think Twice"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I worked at AmeriBanc National full-time

    Pros

    The company has some great merchant service solutions for independent business owners.

    Cons

    Their "powerful" training sessions included watching a two hour q&a webinar that is tailored toward their previous outside sales format. Next, you spend about 30 minutes listening to the sales manager ( talking faster than a used car salesman in Wichita ) spout off analogies, tell you what a great salesperson he is and how he started selling mortgages when he was 14 ( somebody please hide his copies of Boiler Room and Wolf of Wall Street ). Last, but not least, he tells you to go " play around with the system" ( computer ) to get used to it...... "POWERFUL"!

    Advice to Management

    Take a look around. You have a handful of people in the office that came in with their manager from another company putting up numbers. As for any of the new hires, I just see them going through the motions. I have never worked in an inside sales office with the lack of energy that is AmeriBanc National.


  9. Helpful (3)

    "Here's the real deal"

    StarStarStarStarStar
    Former Employee - Anonymous Employee in Oklahoma City, OK
    Former Employee - Anonymous Employee in Oklahoma City, OK

    I worked at AmeriBanc National full-time (Less than a year)

    Pros

    5 day work week; stressing yourself skinny over whether or not you'd lose your job that day saves on diet pills I suppose

    Cons

    This is the worst atmosphere you could possibly ever work in. Blaring terrible 90s music, manager screaming over the load music, merchants mad because they can't hear what you're saying with all the noise in the background. They withhold breaks and make you stay during lunch hour, which is only 30 minutes, and make you come back the usual time you're supposed to be back. If you're lucky, and it's a good day for production, the head manager will let you have a cigarette break. They really don't care about their employees. If they did, they'd train properly for the grueling task at hand on the phones. You are a number to this company. And not producing means getting tossed out on the street.

    Advice to Management

    The owner of the OKC office actually asked his employees to get on here and write positive reviews about the work place because there were so many bad ones already. Dont believe the good ones. The bad were written for a reason! Stay away from this job! Even if you are desperate. Dont get comfortable if you do decide to work here.


  10. Helpful (1)

    "wow.."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    the bonuses were nice, and weekly pay.

    Cons

    But no amount of bonus can make up for the way people were treated. they withheld breaks, cut lunches, didn't pay for all hours worked, and there was no way to clock in and out to prove you were cheated. They also would pull people to the front of the room and fire them in front of everyone. it was embarrassing and awful. they would also keep us well after 330 when we were supposed to get to go home.

    Advice to Management

    Treat your employees like people, not animals.


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