Cathay General Bancorp Reviews | Glassdoor

Cathay General Bancorp Reviews

Updated April 24, 2017
48 reviews

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Full-time Part-time

2.8
Star Star Star Star Star
Rating Trends Rating Trends
Recommend to a friend
Approve of CEO
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Dunson K. Cheng
15 Ratings

48 Employee Reviews

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Pros
  • Staff willing to help and teach if you're willing to learn (in 3 reviews)

  • Learn a lot, nice people and work environment (in 4 reviews)

Cons
  • Very low pay, 15-20K below market and you are over worked (in 7 reviews)

  • tight deadlines, to expect to put in more time than usual to get the work done but worth it because you learn more and more (in 3 reviews)

More Pros and Cons

  1. "Low stress but low pay and little opportunity for growth"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Credit Analysis Officer in El Monte, CA
    Former Employee - Credit Analysis Officer in El Monte, CA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Cathay General Bancorp full-time (More than a year)

    Pros

    Good work/life balance.
    Lot of free time.

    Cons

    Low pay.
    Very Chinese, hard to integrate for foreigners.


  2. "Teller"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Bank Teller in Alhambra, CA
    Former Employee - Bank Teller in Alhambra, CA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Cathay General Bancorp part-time (Less than a year)

    Pros

    Very friendly co-workers and the community really treats you like family.

    Cons

    Everyone was over-worked and a lot of corporate/branch drama.

    Advice to Management

    Listen to your employees.


  3. "Teller"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Oakland, CA
    Former Employee - Anonymous Employee in Oakland, CA
    Doesn't Recommend
    Negative Outlook

    Pros

    Slow, and you get to learn from different roles.

    Cons

    Minimum wage and the bad management.

    Advice to Management

    Don't hire old ladies.


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Helpful (1)

    "Avoid if you desire growth"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Rosemead, CA
    Former Employee - Anonymous Employee in Rosemead, CA
    Doesn't Recommend

    I worked at Cathay General Bancorp full-time (More than 3 years)

    Pros

    Worked with some great people. Budget for IT infrastructure was better than most employers for whom I've worked.

    Cons

    Unclear objectives from management; cronyism at its' worst.

    Advice to Management

    REPLACE YOUR CIO


  6. "Principal"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Principal in Los Angeles, CA
    Former Employee - Principal in Los Angeles, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Cathay General Bancorp (More than 5 years)

    Pros

    This is an extremely Professional environment. Staff response is rapid to both internal workers and contract workers to meet goals. This is one of the best environments to grow.

    Cons

    The only con is the language barrier. However, the ability to work with one that is not able to speak the foreign language is unbelievable.

    Advice to Management

    Keep up the good work


  7. "Information Security Intern"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Information Security Analyst in Los Angeles, CA
    Former Employee - Information Security Analyst in Los Angeles, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Cathay General Bancorp (Less than a year)

    Pros

    Great team and understanding boss

    Cons

    Work seemed to stagnate and didn't have enough to do


  8. "Amazing people"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Loan Analyst in El Monte, CA
    Former Employee - Loan Analyst in El Monte, CA
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I worked at Cathay General Bancorp full-time (More than 3 years)

    Pros

    Great people, growing experience, plenty of parking, close to home, good working relationships with boss, company culture was like a big family

    Cons

    The pay was generally low and there is little room for growth. Human Resources controls and limits pay which doesn't give managers a lot of leverage.


  9. "Teller"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Bank Teller in San Gabriel, CA
    Current Employee - Bank Teller in San Gabriel, CA
    Recommends
    Neutral Outlook

    I have been working at Cathay General Bancorp part-time (Less than a year)

    Pros

    There has comfortable working place and friendly co-workers.

    Cons

    The salary is almost minimum wage.


  10. "Loan assistant"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Commercial Loan Assistant in New York, NY
    Current Employee - Commercial Loan Assistant in New York, NY
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Cathay General Bancorp full-time (Less than a year)

    Pros

    Overtime paid, great team structure, nice people around the branch

    Cons

    Base salary less than the average, long working hours, no room to promote


  11. Helpful (3)

    "Employee"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in El Monte, CA
    Current Employee - Anonymous Employee in El Monte, CA
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I have been working at Cathay General Bancorp full-time (More than 3 years)

    Pros

    Flexibility with hourly schedule, health benefits & great interaction & motivation for a healthy life style. The CEO & other high officials are always so nice when you see them in the corporate building.

    Cons

    For the most part it's a friendly environment, but, that's just in my department because the same can't be said for all other employees at the Flair corporate building. I always put my happy face on, get my job done & I am nice to everyone whom I come in contact with but some of the employees you might run into on your same floor, in the lobby or the lunch room have a bad attitude & seem to discriminate you if you're not Chinese. It's kind of annoying when they suddenly start speaking Chinese amongst each other when not a second ago they were in full on English conversation, why do they suddenly switch to Chinese then look at you funny? Hmm? I wonder. On another note, the pay sucks! They start you off low and you think maybe as I show them my work ethic & job related abilities I will get a good raise! But no it never happens and after a few years of being there and having more experience in your job title you still don't get to paid as much as other people with your same job title. Also, they're are severely understaffed, which means the current employees are overworked, overwhelmed & stressed out! One more thing, it's annoying that they don't pay you for a holiday if you call in sick on the business day prior or the business day after the holiday. Really???? If I get the runs and don't want to go to work because I don't want to crap myself at work, I have to get in my car drive to my doctors office, pay a $15 co pay and tell my doctor I have the runs so she can prescribe me lots of fluids & rest, give me a work note so that my job's HR can really believe that I wasn't feeling good because my word is not gods enough. Thank you Cathay Bank for telling me when I can & cannot be sick.

    Advice to Management

    Professional training for your employees would be nice. I definitely feel like I could have had better training & assistance to perform my job much more efficiently & correct from the get go. Sink or swim should not be protocol for a bank. Better competitive pay, hire more employees, acknowledgement of work dedication and better attitudes from Chinese speaking employees towards non-Chinese speakers should be somethings to seriously think about. Those are the reasons why I am actively seeking a new job, it's become to much too deal with. After years of being here I only feel it's gotten worse. Happy employees produce great work, I am no longer happy & feel that if I keep working at Cathay Bank my work will be mediocre and it's not fair to me, a person who prides themselves on a great work ethic, nor is it fair to the bank that is striving to have bigger impact in the world of banking.


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