Bank of America Reviews

Updated Aug 4, 2020

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3.8
74%
Recommend to a Friend
89%
Approve of CEO
Bank of America President & CEO Brian T. Moynihan
Brian T. Moynihan
9,397 Ratings
Pros
Cons
More Pros and Cons
  1. Featured Review
    Helpful (29)

    "Experienced leaders"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Vice President, Senior Product Manager in Charlotte, NC
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bank of America full-time for more than 8 years

    Pros

    Flexible, a lot of opportunities to move around and learn, caring leadership

    Cons

    People are people - good and bad anywhere you go, but mostly good intentioned

  2. "Great place to work"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Home Loan Closer 
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bank of America full-time

    Pros

    Great health benefits 80 hours of paid sick time 3 weeks paid vacation, can purchase an extra week for a total of 4 weeks. Supportive and helpful teammates.

    Cons

    Job can be stressful, particularly when having to deal with title companies. Title company employees provide little to no communication. Which results in you having to place phone calls and sending emails


  3. "Great Benefits"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Relationship Banker 
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Bank of America full-time for more than 5 years

    Pros

    Great benefits with the highest paid tellers. The child care reimbursement program is amazing. Bank of America on a company level cares about their employees I think. There is plenty room to grow and lots of career advancement opportunities. Your team quickly becomes your second family.

    Cons

    The culture of BofA is quickly going downhill and has changed so much in the last few years. There is plenty of room to grow, but it is very political. Micromanagement is now the culture.

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  4. "Good place"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Fraud Analyst in Kennesaw, GA
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Bank of America full-time for more than 10 years

    Pros

    Collaborative company, team environment, Opportunity for advancement.

    Cons

    Work life balance, critical of work, hard to advance but the potential is there. Favouritism. Overall it really depends on Manager and how your manager advocates for you. You get a poor manager count advancement as a loss.

  5. "Good company to work for"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bank of America full-time for more than 8 years

    Pros

    CEO is awesome Always customer focused solutions

    Cons

    Technology maturity is average with engineering involved with more process

  6. "Great place to work"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Director 
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bank of America full-time for more than 5 years

    Pros

    Great HR , awesome place to learn and share ideas

    Cons

    Retail banking and investment bank cause cultural imbalances

  7. "Great job"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Trust Officer in Hopewell, NJ
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Bank of America full-time for more than 5 years

    Pros

    Professional atmosphere and decent training

    Cons

    Small bonuses and not much incentive to work long hours

  8. "Good"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Part Time Teller in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Bank of America full-time

    Pros

    Good benifits but you have to work hard

    Cons

    Work over pressure on non american people

  9. "Great Company"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bank of America full-time for more than a year

    Pros

    Great company to work for.

    Cons

    The company needs to be better at communicating

  10. "I love BOA"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bank of America full-time for more than 10 years

    Pros

    Pay, environment, management, associates are amazing and the Bank itself is fabulous.

    Cons

    Sometimes there may be some sour associates but they don’t last that long.

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