Bank of America Reviews in Detroit, MI | Glassdoor

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Bank of America Detroit Reviews

Updated November 19, 2017
55 reviews

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Detroit, MI Area

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

55 Employee Reviews

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Pros
Cons
More Pros and Cons

  1. "8 years"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Treasury Management Sales Officer in Detroit, MI
    Current Employee - Treasury Management Sales Officer in Detroit, MI
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Bank of America full-time (More than 8 years)

    Pros

    Decent benefits & bankers hours

    Cons

    Huge company that is rigidly siloed


  2. "Fake. They say one thing but expect something completely different."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Relationship Manager in Madison Heights, MI
    Current Employee - Relationship Manager in Madison Heights, MI
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    Hours and the people I️ work with. Having holidays off is nice as well. The potential benefit is solid too.

    Cons

    Inability to do what is asked of me. Management is very disconnected from their employees. I’m just a number to them.

    Advice to Management

    Practice what you preach.

  3. "Personal Banker"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Personal Banker in Novi, MI
    Former Employee - Personal Banker in Novi, MI
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Bank of America full-time (More than 3 years)

    Pros

    Good experience in the financial industry and exposure to how banks operate. Great chance to better understand what the focus is and goals of a major financial institution look and feel like.

    Cons

    Commission structure isn't going to drastically impact your annual income unless something has changed with how they structure their compensation plan for personal bankers. Great entry level opportunity to be a personal banker.

    Advice to Management

    Allow for personal bankers to truly get a look at different segments of the bank and gain real exposure to the work that is done outside the banking center. Corporate exposure to the initiatives of the bank would be a bonus to see as your career path may change for the future.


  4. "Teller"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Teller in Detroit, MI
    Current Employee - Teller in Detroit, MI

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

    Pros

    Good work environment the pay is good .

    Cons

    No room to move up hard getting overtime .

    Advice to Management

    You don't get any perks working here .


  5. "Transferred 3 times in 1year"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Customer Service Representative (Teller) in Grosse Pointe Park, MI
    Current Employee - Customer Service Representative (Teller) in Grosse Pointe Park, MI
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    Pros

    Pay is good,,,great opportunity for growth

    Cons

    In metro Detroit area Company will transfer you with late notice and threaten to terminate you if you can not adhere to new schedule given in 24-48 hour time span. These transfer vary for reason but you can not contest to a move or it will be considered as resigning from role. Sucks for a person who has life outside of BofA


  6. "Great company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Advisor Trainee in Bloomfield Township, MI
    Current Employee - Financial Advisor Trainee in Bloomfield Township, MI
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Pay and prestige. If you hear anyone who didn't like it they didn't work hard. If you dont make 300 phone calls a day or set up seminars and talk to wealthy people all day you don't deserve to be there. You don't have a choice not to hustle or grind. It's a job where you eat what you kill and if you didn't bring in the 30 million in 3 years it's truly your fault.

    Cons

    Work load and the government. It's truly a career you work more than 40 unless you know alot of wealthy people/business that trust you with their money.

    Advice to Management

    Nothing the're great and good at separating the people that do and dont need to be there. There always positive with I think is most helpful.


  7. "teller"

    StarStarStarStarStar
    Former Employee - Bank Teller in Wayne, MI
    Former Employee - Bank Teller in Wayne, MI

    I worked at Bank of America part-time (More than a year)

    Pros

    good work people depending on where you at

    Cons

    some managers are really terrible

  8. "Assistant Vice Presidant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vendor Manager in Troy, MI
    Former Employee - Vendor Manager in Troy, MI
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Bank of America full-time (More than 5 years)

    Pros

    The position allowed freedom to accomplish goals independently, not micro-managed.

    Cons

    The organization is so large that it is difficult to hold associates accountable.

    Advice to Management

    Focus on better communication between business units.


  9. "Personal Banker"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Personal Sales Banker in Royal Oak, MI
    Former Employee - Personal Sales Banker in Royal Oak, MI
    Recommends

    I worked at Bank of America (More than a year)

    Pros

    Great Entry Level Job, Training, Hours Worked, Great Team

    Cons

    No cons for the length of time I was there.


  10. "Associate"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Manager in Troy, MI
    Current Employee - Manager in Troy, MI
    Recommends
    Positive Outlook

    I have been working at Bank of America full-time

    Pros

    Positive growth room for advancement

    Cons

    Work life balance Competitive Pay


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