Cathay General Bancorp Reviews | Glassdoor

Cathay General Bancorp Reviews

Updated August 7, 2017
51 reviews

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51 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)

  • Little to no opportunity for career advancement (in 3 reviews)

More Pros and Cons

  1. "Teller"

    StarStarStarStarStar
    • 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.


  2. "commercial Loan"

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

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

    Pros

    Nice people and good environment, you always get the family feeling by working here no matter how hard the assignment is.

    Cons

    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.

  3. Helpful (1)

    "Avoid if you desire growth"

    StarStarStarStarStar
    • 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


  4. "Teller"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Cathay General Bancorp part-time

    Pros

    Good place to work for.

    Cons

    None that I can think of


  5. "Relationship manager"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    There seemed to be a decent sense of stability

    Cons

    Unrealistic in terms of credit and risk
    Under pay compared to market
    Staff Over worked
    Lack of flexibility
    Office not centrally located with competitors

    Advice to Management

    They definitely fall into the stereotype of cheap Asian bank. They under pay their staff compared to market while expecting them to put in more time than at other banks. There is no way for them to retain good talent unless they change this mindset


  6. "Principal"

    StarStarStarStarStar
    • 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. "Customer Service Representative"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Job security, nice coworkers, and people are willing to help each other. No micromanagement and i like working with people, both customers and coworkers.

    Cons

    Low wage, no career advancement, no challenges, it is pretty boring when there was not customers in the branch.

    Advice to Management

    Create more job opportunities, and career advancement, people stay at their original position for more than ten years, that is not a good sign.

  8. "Wire Transfer Operator"

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

    I have been working at Cathay General Bancorp full-time

    Pros

    Great people in the department. Staff willing to help and teach if you're willing to learn. Great place to start once you are out of college.

    Cons

    Sometimes the work comes in late from branches so it pushes lunch times. Have to be willing to sacrifice going to lunch on time to make sure work is completed before deadline time.

    Advice to Management

    Hard for promotion unless you work really really hard. Hire younger people and keep them--at least give them a shot of being a permanent employee. Their work ethics and speed is more accurate and reliable.


  9. Helpful (1)

    "Former IT staff member"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Cathay General Bancorp full-time

    Pros

    Fast paced and you get to work on some pretty exciting systems

    Cons

    Very low pay, 15-20K below market and you are over worked. Upper management and Exec level don't seem to care about retaining their talent. I stayed at the same pay for 4 years and left after 19 years. Upon leaving I got a instant 30K more at my new job.

    Advice to Management

    "To be the best you have to employ the best" what this means is pay your employees


  10. "Information Security Intern"

    StarStarStarStarStar
    • 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


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