Bank of America Reviews in Plano, TX | Glassdoor

Bank of America Plano Reviews

Updated November 21, 2018
253 reviews

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Plano, TX

3.2
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Bank of America President & CEO Brian T. Moynihan
Brian T. Moynihan
127 Ratings

253 Employee Reviews

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Pros
Cons
  • "Work/Life balance can be overwhelming" (in 515 reviews)

  • "Lack of communication in upper management" (in 448 reviews)

More Pros and Cons

  1. "Fantastic company to work for."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President - Operations Manager in Plano, TX
    Current Employee - Vice President - Operations Manager in Plano, TX
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great work - life balance

    Cons

    Some unrealistic expectations when it comes to deadlines

    Advice to Management

    Well done.


  2. "Good benefit"

    StarStarStarStarStar
    Former Employee - Vice President in Plano, TX
    Former Employee - Vice President in Plano, TX

    I worked at Bank of America full-time (More than 8 years)

    Pros

    good benefit like vacation and sick days

    Cons

    old technology and very limited opportunity for training

  3. Helpful (1)

    "Global Technology & Operations"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President, Operations Project Consultant in Plano, TX
    Current Employee - Vice President, Operations Project Consultant in Plano, TX
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    - Benefits
    - Work from home (although this is decreasing)
    - Associate development (with a caveat...only if you actively pursue, lots of events and courses on learning portal and if you have buy-in from your manager)

    Cons

    Micromanagement exists and some manager will put a target on low performers.

    Advice to Management

    As seen in a few other reviews, people don't leave jobs, they leave bad management. Take a look at managers who have multiple people leave their team and really deep dive into their survey results. At first I thought I was being overly sensitive working for this most recent manager; however, after hitting my tipping point of "enough" and talking with people who have left the team, I realized it's not me...it's the manager.

    I've been with the bank for over 10 years; however, I'm now looking for opportunities outside the bank. It's been a good run; however, the old buildings and extremely lax dress code make the Plano campus feel run down. With Toyota headquarters and new Legacy West developments down the street, we'll see if the grass is greener on the other side.


  4. Helpful (1)

    "Shared Technology Services"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Manager in Plano, TX
    Current Employee - Manager in Plano, TX
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

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

    Pros

    Good benefits for full time employees including 4 months of Paternity Leave.

    Cons

    Too much of bureaucracy at Middle Management and there are several Manager's Managers who creates politics for the sake of their own survival. They neither have technical nor business knowledge, all they do is politics. There is huge discrimination and several Managers give preferential treatment to Asian origin employees.

    Advice to Management

    Flush out the layer of Manager's Manager who neither has any tech or business knowledge nor involve in daily operations. This layer is the source of all confusions within the company & turning a blind eye towards their uncontrolled politics will bring the company down.


  5. "Great Place to Learn & Grow"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Contractor - Applications Programmer V in Plano, TX
    Current Contractor - Applications Programmer V in Plano, TX
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Relaxed environment.
    Heavy code base.
    Real tech, but flexibility.
    Multi-Cultural

    Cons

    Weeks can go by where you will have no idea if your career is in jeopardy.
    Very dry crowd, be careful what you say.

    Advice to Management

    Need better chairs with breathable material.


  6. "Great Colleagues"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Paralegal in Plano, TX
    Former Employee - Paralegal in Plano, TX
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Bank of America full-time (More than 8 years)

    Pros

    Wonderful co-workers, great locations, good benefits, decent support systems and infrastructure.

    Cons

    Not a lot of upward-mobility.


  7. "Loan Processor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Loan Processor in Plano, TX
    Former Employee - Senior Loan Processor in Plano, TX
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I worked at Bank of America full-time (More than 8 years)

    Pros

    Good benefits and perks
    Nice campus

    Cons

    No management support, stressful environment

    Advice to Management

    Support your staff. When they come to you for help, don't say "do the best you can"!

  8. "Title examiner"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Title Examiner in Plano, TX
    Former Employee - Title Examiner in Plano, TX
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Culture, fairness, pay, room to grow,

    Cons

    layoffs were always on horizon

    Advice to Management

    Continue being transparent


  9. "Great place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Business Analyst in Plano, TX
    Former Employee - Business Analyst in Plano, TX
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Personal and work balanced life

    Cons

    No cons I can remember


  10. "Low Morale, No growth"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Assistant Vice President in Plano, TX
    Current Employee - Assistant Vice President in Plano, TX
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    Structure
    Documented processes
    Pay
    Nice office
    Cafeteria
    Good amenities
    Lots of parking because everyone was laid off

    Cons

    Layoffs
    Low morale
    No one cares
    No growth potential


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