Bank of America Washington Reviews

Updated May 19, 2020

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2.3
33%
Recommend to a Friend
67%
Approve of CEO
Bank of America President & CEO Brian T. Moynihan
Brian T. Moynihan
31 Ratings
  1. Helpful (1)

    "Great company to work for"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Loan Officer in Washington, DC
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Health benefits Great sales support team Mentors were always willing to help at an early stage into the job Culture

    Cons

    Backend team is not the best, when trying to close loans fast.

    Bank of America2019-04-30
  2. "Incompetent"

    2.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Financial Center Manager in Washington, DC
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I have been working at Bank of America full-time for more than 3 years

    Pros

    Pay, you get to manage some great people sometimes

    Cons

    Work life balance Constantly short staffed Favoritism Gossip Unrealistic sales goals Lack of leadership High turnover No opportunity for growth if you’re not a micro manager

    Continue reading
    Bank of America2020-05-20
  3. "Financial Center Manager"

    1.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Branch Manager in Washington, DC
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    Great salary, new centers, great benefits

    Cons

    High sales pressure, Market leaders bullying branch employees. You are expexted to work 6 days a week with no lunches or breaks. No life balance

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    Bank of America2020-02-13
  4. "In charge of sales"

    1.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Relationship Manager in Washington, DC
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    Ok pay for basics work work not worth the heartache

    Cons

    Lack of support from leadership

    Continue reading
    Bank of America2020-01-16
  5. "Unreachable goals"

    2.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Business Banker in Washington, DC
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Bank of America full-time for more than 8 years

    Pros

    Benefits, health insurance

    Cons

    Unreachable goals and LONG hours

    Bank of America2019-11-02
  6. Helpful (3)

    "Beware... ! Cheap labor manipulation"

    1.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Relationship Manager in Washington, DC
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Bank of America is not a good place to work

    Cons

    Poor abusive and manipulative management. No room for growth Below market pay Robot mentality Unstable scheduling& no work life balance Unethical sales practices Deceptive pay structures Extremely high turnover No positive culture for enployees

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    Bank of America2019-10-17
  7. "N/A"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Intern - N/A in Washington, DC
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Bank of America seems like an excellent company to work for. I’m still waiting on the hiring process.

    Cons

    It is a long hiring process.

    Bank of America2019-08-05
  8. Helpful (2)

    "Great Company on the wrong path"

    1.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Small Business Consultant in Washington, DC
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

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

    Pros

    Benefits Name Reputation Great networking and career building Training is excellent! Paid vacation and holidays Able to advance in the company quickly if you play great corporate politics

    Cons

    Sales pressure exceeds that of the Wells Fargo crisis. You are asked not only to produce numbers for your own role, but refer to other partners within the bank. You have a credit goal with no leads and less than a 20% approval rate. You are what your number is. Changed performance management rules so that if you don’t produce month over month you can be fired quickly.. but you are paid quarterly. Impossible to use vacation due to suffocating sales goals

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    Bank of America2019-03-27
  9. "Unsupportive employer"

    1.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Assistant Manager in Washington, DC
    Doesn't Recommend
    Disapproves of CEO

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

    Pros

    Easy to move up, company promotes from within

    Cons

    Not supportive, late hours, lack of training provided

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    Bank of America2019-03-25
  10. "Good place to start"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Relationship Banker in Washington, DC

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

    Pros

    Good benefit tuition reimbursement. A lot of people do not use

    Cons

    Managers can micromanage, and make you move fast. but they don't want you to make any mistake

    Continue reading
    Bank of America2019-02-13
Found 65 reviews