Bank of America Reviews in Chicago, IL | Glassdoor

Bank of America Chicago Reviews

Updated February 20, 2017
327 reviews

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Chicago, IL Area

3.1
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Bank of America President & CEO Brian T. Moynihan
Brian T. Moynihan
127 Ratings

327 Employee Reviews

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Pros
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  1. "Bad Experience"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Chicago, IL
    Current Employee - Anonymous Employee in Chicago, IL
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at Bank of America full-time (More than a year)

    Pros

    Pay , Bonus if lucky your market mgr has a back bone.

    Cons

    FCM's hate that sbrms don't report to them some can be deceitful

    Advice to Management

    Watch the FCM's you know who has reputations with employee quiting ay some point Chicago will learn.


  2. "Managing Director"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Vice President in Chicago, IL
    Current Employee - Senior Vice President in Chicago, IL
    Neutral Outlook
    No opinion of CEO

    I have been working at Bank of America full-time (More than 10 years)

    Pros

    Good benefits, can learn a lot.

    Cons

    Helps if you have a good manager. They say they want employees in different locations, but the reality is you don't matter if you're not in Charlotte, New York or Boston

    Advice to Management

    Make sure ALL your senior and mid-level leaders are true to your priorities and direction.


  3. "Great position loved it !"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Relationship Manager in Chicago, IL
    Current Employee - Relationship Manager in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bank of America (Less than a year)

    Pros

    Great company to grow professionally . The team is very supportive and friendly !

    Cons

    None for this position !


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  5. "about what you expect"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President IT in Chicago, IL
    Former Employee - Vice President IT in Chicago, IL
    Recommends
    Neutral Outlook

    I worked at Bank of America full-time (More than 10 years)

    Pros

    everything that comes with a big org

    Cons

    aint what it used to be


  6. Helpful (1)

    "Hostile work environment"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Treasury Solutions Analyst in Chicago, IL
    Former Employee - Treasury Solutions Analyst in Chicago, IL
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Bank of America full-time (Less than a year)

    Pros

    Salary, bonuses, work life balance

    Cons

    Manager created a hostile working environment - unable to provide ideas or constructive feedback on anything


  7. "Commercial Real Estate Banking (CREB)"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Vice President in Chicago, IL
    Former Employee - Senior Vice President in Chicago, IL
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Bank of America full-time (More than 10 years)

    Pros

    -- benefits including vacation are good
    -- large company with varied activities

    Cons

    -- possible to be pigeon-holed in a task-oriented job
    -- lack of turn-over in senior ranks can maker advancement slow

    Advice to Management

    managers should spend most of their time with junior associates -- sometimes seems managers talk mostly to other managers only


  8. "Flexible Scheduling"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Chicago, IL
    Current Employee - Anonymous Employee in Chicago, IL
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at Bank of America part-time (More than 5 years)

    Pros

    High Pay while in college
    Good Insurance
    Tuition Reimbursements

    Cons

    Cut backs on bonuses and unrealistic expectations from upper management.

    Advice to Management

    None


  9. "Teller"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Customer Service Representative in Chicago, IL
    Current Employee - Customer Service Representative in Chicago, IL
    Recommends
    Negative Outlook
    No opinion of CEO

    Pros

    Has good benefits and easy to move up in positions

    Cons

    You don't get paid overtime and don't get all of the hours you are promised

    Advice to Management

    Pay overtime


  10. "legal administrative assistant"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Legal Assistant in Chicago, IL
    Former Employee - Legal Assistant in Chicago, IL

    I worked at Bank of America full-time (More than 10 years)

    Pros

    Vacation very generous. Can interview in other dept.

    Cons

    Departments are downsizing need excellent skills to move out.

    Advice to Management

    Very impersonal need behavior training.


  11. "Content w/ Status Quo"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Chicago, IL
    Current Employee - Anonymous Employee in Chicago, IL
    Doesn't Recommend

    I have been working at Bank of America full-time (More than 3 years)

    Pros

    Large, stable environment. Good benefits and a diverse group of coworkers. If looking for stability without a immense challenge, BofA and large banks are a good fit

    Cons

    Career development opportunities are scarce. Because the organization is so large, change happens very slowly. People are content with status quo instead of driving for improvement.



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