Arvest Holdings Reviews | Glassdoor

Arvest Holdings Reviews

Updated June 11, 2017
209 reviews

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Full-time Part-time

3.8
Star Star Star Star Star
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Arvest Holdings Chairman and CEO, Arvest Holdings and Arvest Bank Jim C. Walton
Jim C. Walton
117 Ratings

209 Employee Reviews

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Pros
  • You receive incentives, profit sharing, retirement (in 26 reviews)

  • Great culture and great benefits (in 17 reviews)

Cons
  • Very low pay for the amnt of pressure you're under (in 17 reviews)

  • Managers that have spouses in upper management that get away with anything causing constant turnover in branchs (in 5 reviews)

More Pros and Cons

  1. "The Best Place I Ever Worked."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Bank Teller in Tulsa, OK
    Former Employee - Bank Teller in Tulsa, OK
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Arvest Holdings full-time (Less than a year)

    Pros

    Arvest is really a glorious company in many ways, and while I know all branches aren't like this, my Branch Manager was the best boss I ever worked for. So I'll list the best parts of working here:

    - Incentive Payouts (If you or your branch meet sales goals).
    - Profit sharing bonuses - Usually a large payout once per year.
    - 401K matching
    - Health Insurance for full-time associates with flexible coverage, and optional vision and dental.
    - Access to employee mental health line.
    - Wise & Well - Payouts for regular gym visits, marathons, etc.
    - No sales "quota." There is a sales goal for incentive, and you will need to get some sales to get promotions, but by no means will you lose your job if you can't meet your goals here. The goals are also very low in comparison to other banks.
    - Special employee bank account - free checks, free safe deposit box of a certain size, free cashier checks and money orders, free ID Protect, etc.
    - Awesome management from bottom to top (in many branches).
    - Continued, anonymous company surveys sent to lower level associates about their direct management and business practices in order to let people higher on the chain know how everyone is doing.
    - Annual raises based on a wide spectrum of your performance.
    - Unwillingness to allow customers to abuse associates.
    - Excellent company values.
    - Open door policy.

    Cons

    - Hourly salary is lower than many other banks.
    - While advancement is fairly good here, getting promoted can be sometimes difficult, and I've questioned the fairness of the system sometimes when other associates I knew were looking to rise in the company.
    - Stressful sometimes - Because of the nature of a teller's job and the constant customer contact, the job can be very stressful on occasion, especially around the Holidays.

    Advice to Management

    Don't buy into greed as you grow into a bigger company. Your company is great, so don't ever forget your values. And be careful about understaffing. It's killed more than a few good companies.


  2. "Electronic Loss Prevention Analyst"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Electronic Loss Prevention Analyst in Norman, OK
    Former Employee - Electronic Loss Prevention Analyst in Norman, OK
    Recommends
    Positive Outlook

    Pros

    Great people to work with, management was the kindest you could ever have, job is rewarding on good days, and a learning opportunity on bad days.

    Cons

    Can get repetitive, not a lot of schedule flexibility.

    Advice to Management

    Keep it up.

  3. "Working for Arvest"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Credit Analyst in Del City, OK
    Former Employee - Credit Analyst in Del City, OK
    Recommends
    Positive Outlook
    Disapproves of CEO

    I worked at Arvest Holdings full-time (More than 5 years)

    Pros

    Good vacation and 401(k) with many opportunities to move up.

    Cons

    Even though you can move up fast in the company, the pay is horrible.


  4. Helpful (2)

    "Not the best"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Bank Teller in Little Rock, AR
    Former Employee - Bank Teller in Little Rock, AR
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I worked at Arvest Holdings (More than a year)

    Pros

    Arvest has a great 401k and profit sharing bonus. They also have a lot of resources to ensure you get the proper training.

    Cons

    The open door policy is a joke with most managers, some take it seriously but the majority of them either don't care or are going to use what you say against you. They are currently going through a 'vision 2020' to 'better' the company, but what it has consisted of so far is eleminating positions.. It is very difficult to move up within the company. Some branches have great management teams, but there are some that really suck. From experience, my branch manager was never present. They didnt know how to operate our machines and only communicated with associates they had previously worked with. If you asked anyone who worked with them anything about them, they would most likely tell you the manager was never around or when they were they never talked to anyone. Unless you kiss a bunch of butt, you aren't going to succeed with this company. In the years that I had been with arvest, I had never felt so discouraged and unappreciated.

    Advice to Management

    Work with your branch managers and show them what team work looks like, managers should build their employees up, not bring them down. Promote your employees that have been loyal to you, because all you are doing now is slapping them in the face. Pay your associates, I get that there are a lot of benefits that you offer, but not every one uses every benefit. Oh and get back to the arvest values, you all have really lost touch with what Arvest is supposed to be


  5. Helpful (1)

    "Personal Banker"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Personal Banker in Springfield, MO
    Former Employee - Personal Banker in Springfield, MO
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I worked at Arvest Holdings full-time (More than a year)

    Pros

    Incentive was awesome, no micromanagement.

    Cons

    Hard to advance and lack of communication.

    Advice to Management

    Be more open to diversity instead of trying to make everyone fit into same mold.


  6. "Awesome"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Sales Representative in Joplin, MO
    Current Employee - Financial Sales Representative in Joplin, MO
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Arvest Holdings full-time (More than a year)

    Pros

    Co-workers, benefits, paid time off.

    Cons

    There aren't many cons working here.


  7. Helpful (1)

    "Sr. HR Generalist"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Lowell, AR
    Former Employee - Anonymous Employee in Lowell, AR
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Arvest Holdings full-time (More than a year)

    Pros

    Good culture and values.

    Cons

    No room for diversity and inclusion

  8. Helpful (1)

    "Great work-life balance."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Assistant Branch Manager in Joplin, MO
    Current Employee - Assistant Branch Manager in Joplin, MO
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Arvest Holdings full-time (More than a year)

    Pros

    The PTO and retirement benefits are great. You work typical banking hours. The culture is great and the company is community oriented.

    Cons

    Depending on your location you may feel stuck in your position. Sales calls and Care Plan calls can get overwhelming. The incentive plan keeps changing.


  9. Helpful (1)

    "Part time teller"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Part Time Teller in Del City, OK
    Former Employee - Part Time Teller in Del City, OK
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Arvest Holdings part-time (Less than a year)

    Pros

    Local bank interacts with local community. Co workers friendly.

    Cons

    Company is becoming more sales based. Job was dead end position. As part time I was not allowed to take even a 15 minute break for 15 minutes without clocking out.


  10. "It's ok."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Sales Representative in Joplin, MO
    Current Employee - Financial Sales Representative in Joplin, MO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at Arvest Holdings full-time (More than 3 years)

    Pros

    Good starting job for individuals to make an ok hourly wage compared to other starter jobs. Can be stable employment if you do your job correctly and are friendly in customer service

    Cons

    Benefits are lacking compared to other companies! They own their own insurance company. High employee turnover rate! Salary for seasoned employees could be better compared with other companies


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