Central One Federal Credit Union Reviews | Glassdoor

Central One Federal Credit Union Reviews

Updated July 6, 2017
11 reviews

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3.7
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Employee Reviews

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  1. "Amazing place to work!"

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

    I have been working at Central One Federal Credit Union full-time (More than a year)

    Pros

    This is one of the warmest, most friendly places I have EVER worked. The people are truly wonderful and the credit union is efficiently run. In the role I'm in... Im compensated very well, my hours are flexible and my team is great.

    Cons

    Unless you start off in management you only have two weeks of vacation. You do however get a full weeks sick time, two personal days and your birthday off.

    Advice to Management

    Keep supporting your employees. The more they feel appreciated... The harder they will work!


  2. Helpful (1)

    "Nice people, agree on limited advancement potential"

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

    I have been working at Central One Federal Credit Union full-time

    Pros

    Friendly coworkers. Good reputation within the community. Moral and fair when dealing with membership.

    Cons

    Low advancement potential. VP level consists of primarily "yes" people when dealing with C-suite. Pay levels based on national averages, which is low for the area.

    Advice to Management

    Stand behind your projects and don't let a few comments from the upper-levels derail them. Have more passion.

  3. Helpful (1)

    "Small family feel"

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

    I worked at Central One Federal Credit Union full-time (More than 3 years)

    Pros

    Good benefits, some good people, volunteer opportunities, fun events for the employees, yearly bonuses (some years), job security, good locations.

    Cons

    Low pay for amount of work, management isn't competent... The managers at central one are stuck in their ways and never want to accept change within the credit union. Doesn't provide much growth opportunity.

    Advice to Management

    Open your mind to new ideas


  4. "Member support agent"

    StarStarStarStarStar
    Former Employee - Member Support Agent in Webster, MA
    Former Employee - Member Support Agent in Webster, MA

    I worked at Central One Federal Credit Union (More than 3 years)

    Pros

    Very comfortable friendly environment

    Cons

    There're just some people that you will not be able to please no matter what so show as much empathy as possible and let them move on.


  5. "Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Manager in Shrewsbury, MA
    Former Employee - Manager in Shrewsbury, MA
    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

    I worked at Central One Federal Credit Union full-time (More than 3 years)

    Pros

    Some great coworkers and potential. Thoroughly review the bonus structure before accepting a position here. If some of the AVP positions are promoted, it could be a great company.

    Cons

    Minimal advancement, union type attitude where people are doing the bare minimum waiting on their pension. Ideal location for a person near retirement, but a career advancement blackhole for younger employees. Pay is about 25% below competitive companies. This is spun to even out with the "benefits".

    Advice to Management

    A restructure of new executives would be the only way to correct the above situation and to part ways with the pension. It keeps mediocre employees on board just waiting for the end, as evident by employees staying 10 to 25 years.


  6. "Great place to work!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Summer Teller in Shrewsbury, MA
    Former Contractor - Summer Teller in Shrewsbury, MA
    Recommends
    Positive Outlook

    I worked at Central One Federal Credit Union as a contractor (Less than a year)

    Pros

    Interesting work, good experience and friendly coworkers

    Cons

    Can be busy and hectic at peak hours


  7. "Great working environment, nice co-workers and the best supervisor in the world!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Credit Analyst in Shrewsbury, MA
    Former Employee - Credit Analyst in Shrewsbury, MA
    Recommends
    Neutral Outlook

    I worked at Central One Federal Credit Union full-time (More than a year)

    Pros

    Central One Federal Credit Union offers very good employee benefit plans. People there care for each other, that's something you don't see very often in big companies. My supervisor was the best boss I've ever had. He taught me a lot of things, trusted me in my work and gave me opportunities to improve myself. My co-workers treated me like a family. Great experience.

    Cons

    personal career growth limited to some extent.

  8. "Good company to work for"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Shrewsbury, MA
    Current Employee - Anonymous Employee in Shrewsbury, MA

    Pros

    Benefits are amongst the best out there

    Cons

    Pay could be more competetive


  9. "Senior Economist - Ontario"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Economist in Toronto, ON (Canada)
    Former Employee - Senior Economist in Toronto, ON (Canada)
    Recommends
    Positive Outlook

    I worked at Central One Federal Credit Union full-time (Less than a year)

    Pros

    The team was outstanding. I learned a lot from my supervisor and from the team in general. Strong culture of team effort and team building. The highest levels of professionalism, team work and support. Working for this great team of economists and for this innovative credit union should be a top priority for all aspiring business economists.

    Cons

    There are no downsides to report.

    Advice to Management

    Keep up the good work. This is a wonderful institution.


  10. "Data Analyst"

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

    I worked at Central One Federal Credit Union full-time

    Pros

    Good compensation nice people understandable management

    Cons

    low pace, not much focus on analytics, lack of energy

    Advice to Management

    pay closer attention to trend of analytics and get business processes work faster