Bank of America Saint Louis Reviews

Updated Jul 1, 2020

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2.5
42%
Recommend to a Friend
45%
Approve of CEO
Bank of America President & CEO Brian T. Moynihan
Brian T. Moynihan
30 Ratings
  1. Helpful (1)

    "Great Job"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    Former Employee - FIN Representative in Saint Louis, MO
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I worked at Bank of America part-time for more than a year

    Pros

    Two back to back calls, mainly personal, about 15 minutes each, A lot of questions on specific resume work, I was surprised that there weren't as many technicals, a couple questions on how the different financial statements are linked together. Overall it was a pretty easy process and more of a coversation

    Cons

    Very difficult to have time off

  2. Helpful (1)

    "Vultures looking for their prey"

    1.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Relationship Banker in Saint Louis, MO
    Doesn't Recommend
    Disapproves of CEO

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

    Pros

    Co-workers (not management or market leader) and benefits. 5 pm when we get off!

    Cons

    Pressure to sell the moment a customer walks in, forced to analyze their accounts and finances so you could sell them products, corrupt practices in order to get an incentive, incentives for referrals caused employees to manipulate customers, customers angry at BOA and come to bank and let you have it, very high stress makes it impossible to perform at your best, I saw management lie to customers, was told I would work 2 Saturdays a month - its every Saturday. I was also told incentives were easy - they are not. From the beginning they woe you with how great BOA is. They do that because the turnover is so high. The Academy training is awful!!! It's all online and some doesn't even apply. Straight computer training for 6 weeks - information is thrown at you. This is not learning! Please beware and do your homework. I will never bank here and I will tell everyone I know how corrupt and UGLY this bank is. This bank will take advantage of you every step of the way he the name of money. Culture doesn't exist here - it's a grind with low morale and regard for the company.

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  3. "Small Business Banker"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Small Business Banker in Saint Louis, MO
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Bank of America full-time for more than 3 years

    Pros

    Great co-workers Good pay Strong brand Benefits

    Cons

    Increasing production goals- which cuts into incentives and is not sustainable in the long term Increasing micro management

  4. Helpful (1)

    "Not the place it once was"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Vice President in Saint Louis, MO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Good people and many good managers

    Cons

    You are expected to do the work of 2 or 3 people. No longer retaining top talent. Sr. Mgt. talks the talk but does not walk the walk.

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  5. Helpful (2)

    "Relationship Manager"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Relationship Manager in Saint Louis, MO
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

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

    Cons

    Large goals. It's a sales job.

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

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Personal Banker in Saint Louis, MO
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Bank of America full-time for 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.

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  7. Helpful (1)

    "Bad management and corporate greed"

    2.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    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 for 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.

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  8. Helpful (6)

    "Financial Solutions Advisor"

    2.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Financial Solutions Advisor in Saint Louis, MO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Bank of America for 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.

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  9. "Great place to work"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Saint Louis, MO
    Recommends

    I worked at Bank of America full-time for less than a year

    Pros

    Vacation time available as soon as you start.

    Cons

    The environment was always changing.

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

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - FCM II in Saint Louis, MO
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bank of America full-time for 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.

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