Bank of America Reviews in Saint Louis, MO | Glassdoor

Bank of America Saint Louis Reviews

Updated March 13, 2018
73 reviews

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Saint Louis, MO

3.6
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Bank of America President & CEO Brian T. Moynihan
Brian T. Moynihan
27 Ratings

73 Employee Reviews

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Pros
Cons
  • "Bonuses Training Work life balance" (in 492 reviews)

  • "Communication with upper management can be difficult" (in 435 reviews)

More Pros and Cons

  1. Helpful (1)

    "Relationship Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Relationship Manager in Saint Louis, MO
    Current Employee - Relationship Manager in Saint Louis, MO
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great structure, professional culture, great base pay, uncapped bonuses/commissions

    Cons

    Large goals. It's a sales job.


  2. "The good, the bad, and all in between of managers."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Personal Banker in Saint Louis, MO
    Former Employee - Personal Banker in Saint Louis, MO
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Decent benefits and training to perform your job. Lots of different locations and opportunities for job navigation, if you have right connections.

    Cons

    Inconsistent management style at the local level, with some acting very unprofessionally. Very hard to navigate systems for associates to use.

    Advice to Management

    Train and select branch managers better.

  3. "Bad management and corporate greed"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Center Manager in Saint Louis, MO
    Current Employee - Financial Center Manager in Saint Louis, MO
    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

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

    Pros

    Benefits such as health, childcare, educational the company also has a good match for 401k. This is a good company for someone starting as a teller. I wouldn't recommend for higher educated individual or professional.

    Cons

    Bad management; no emotional intelligence, very selfish and greedy. Also, company is cutting staffing which upsets clients furthermore the clients take it out on employees.

    Advice to Management

    Observe trends in Market and tie back to market leadership. Try to retain talent instead of allowing upper management to drive to the door and offer a more thorough training program for new employees.


  4. Helpful (5)

    "Financial Solutions Advisor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Solutions Advisor in Saint Louis, MO
    Former Employee - Financial Solutions Advisor in Saint Louis, MO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Compensation
    Benefits
    Numerous contact with potential new clients

    Cons

    Bank of America and Merrill Edge management are not on the same page
    Bank of America management still has a mentality that you should be selling one product every time you meet with a customer while the sales cycle for the brokerage industry takes time.
    Most of the banking staff is miserable at their jobs and after a few months are looking for new jobs thus getting their buy in for teamwork is very difficult
    The compliance is over the top and constantly has you on egg shells.

    Advice to Management

    Work on getting all of your lines of business to work together. Create a compensation plan that rewards team work instead of individual accomplishments.


  5. "Great place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Saint Louis, MO
    Former Employee - Anonymous Employee in Saint Louis, MO
    Recommends

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

    Pros

    Vacation time available as soon as you start.

    Cons

    The environment was always changing.


  6. "Successful, forward thinking company with great opportunities."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - FCM II in Saint Louis, MO
    Current Employee - FCM II in Saint Louis, MO
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Well positioned company, great benefits, incredible career growth opportunity. Very relevant, and genuinely moving toward a customer-centric model.

    Cons

    Can be very intimidating when first starting with the company. Frequent changes in staffing, much like any large company.


  7. "Personal banker"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Personal Banker in Saint Louis, MO
    Former Employee - Personal Banker in Saint Louis, MO
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    Excellent benefits and pay structure

    Cons

    High pressure sales from the top down

    Advice to Management

    Encourage employees to provide excellent customer service.

  8. "Better than average place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    Current Employee - Anonymous Employee in Saint Louis, MO
    Current Employee - Anonymous Employee in Saint Louis, MO
    Approves of CEO

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

    Pros

    Good benefits, career options due to size

    Cons

    Lack of togetherness between different areas that have to work together, limited chance to advance internally unless a connection to move you ahead.

    Advice to Management

    Be honest and stop showing favoritism.


  9. "Very Un-memorable."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Mortgage Underwriter in Saint Louis, MO
    Former Employee - Senior Mortgage Underwriter in Saint Louis, MO
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Strong culture of employee training and improvement. Bank of America consistently provided some of the most comprehensive training I've ever received.

    Cons

    Report driven and punitive. Every file is audited for quality and errors were made public. This lowered morale. Reporting valued over results.


  10. "Technology"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Technology Manager in Saint Louis, MO
    Current Employee - Technology Manager in Saint Louis, MO

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

    Pros

    I have worked for some of the best managers in my technology space!

    Cons

    Mainly there are times I have worked too many hours that were over the course of days.


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