CoBank Reviews | Glassdoor

CoBank Reviews

Updated July 13, 2017
79 reviews

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3.3
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CoBank CEO Thomas Halverson
Thomas Halverson
7 Ratings

79 Employee Reviews

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Pros
  • Great work life balance especially for employees with children (in 14 reviews)

  • The bank has good benefits including a payed volunteer day off and gives each employee (in 11 reviews)

Cons
  • Woefully understaffed back office functions result in long hours and rely heavily on the dedicated work ethic of many (in 4 reviews)

  • Senior Management recently executed an "efficiency program (in 4 reviews)

More Pros and Cons

  1. Helpful (1)

    "Ethical stable working on progressing culture"

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

    I have been working at CoBank full-time (Less than a year)

    Pros

    Great people, great benefits, great company.

    Cons

    Pay could improve for my position.


  2. Helpful (1)

    "Loan accounting nightmare"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Denver, CO
    Current Employee - Anonymous Employee in Denver, CO
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I have been working at CoBank full-time (More than 3 years)

    Pros

    Department had good benefits with decent pay and improving work life balance. New CEO is bringing about some exciting changes.

    Cons

    Supervisors play favoritism and make it difficult to be promoted or move up in your career path. The behaviors of the current supervisors are a joke and the leadership team allows this. Treating employees differently based on if you like someone or not should not be acceptable in any department.

    Advice to Management

    Start looking at who you have in supervisor position and the lack of their abilities to actually lead a team. This is the reason the turnover is so high not the process or workflow. Hold the so called leadership team accountable for their actions. An employee should not feel that they don't have a voice because a supervisor doesn't like someone. The lack of building relationships with direct reports is taking a toll on this department and it comes across as if you don't care about your people. Acknowledge those who are doing the work and stepping up for the folks that keep getting away with being lazy. Until changes are made I wouldn't recommend anyone to work in this department

  3. Helpful (1)

    "N/A"

    StarStarStarStarStar
    • Work/Life Balance
    • Comp & Benefits
    Current Employee - Anonymous Employee in Greenwood Village, Arapahoe, CO
    Current Employee - Anonymous Employee in Greenwood Village, Arapahoe, CO
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I have been working at CoBank (More than 3 years)

    Pros

    Great work life balance especially for employees with children.

    Cons

    no upward mobility you are stuck in same positon


  4. Helpful (3)

    "A very happy young professional"

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

    I have been working at CoBank full-time (More than a year)

    Pros

    Everyone who works here is passionate, hardworking, and impressively intelligent. I love working in a place that is full of great people and ideas. The training opportunities are abundant and helpful. The benefits, extra incentives, culture and 401k plan are great!

    Cons

    There is a lot of work to be done and not a lot of associate headcount. This makes work/life balance a little tough. However, most of the management is aware of this issue and willing to work with you on an individual basis.

    Advice to Management

    Consider higher salaries for associates that is commensurate to the amount of work that is being done.


  5. Helpful (6)

    "Great place to work"

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

    Pros

    CoBank has lots to offer to employees and a bright future. If you are looking for a job in Denver, you will not do much better than CoBank. It is a steady employer with a great location in Denver. The bank does important work in service of rural America. Importantly, it is a well-resourced bank that gives its employees the tools and resources necessary to do their jobs. Folks are open to new ideas and there is an infrastructure in place to bring these ideas to fruition. The bank has good benefits including a payed volunteer day off and gives each employee $500 to donate to a charity of their choice - two of my favorites.

    Cons

    No place is going to be everything to everyone. My only complaint is that I wish the salaries were higher (who doesn't). While CoBank pays at market, the Denver market is totally out of touch with the reality of how expensive it is to live in Denver. CoBank is definitely an employer of choice, but it needs to start paying like one.


  6. Helpful (4)

    "Solid, Stable Company; Great Benefits"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Manager in Greenwood Village, CO
    Current Employee - Senior Manager in Greenwood Village, CO
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at CoBank full-time (More than 5 years)

    Pros

    17 years of growth and profitability; strong leadership; socially conscious; nice benefits including volunteer time, ample vacation, nice bonuses.

    Cons

    High performance expectations; hours can be long at times;

    Advice to Management

    Consider adding additional staff to accommodate growth and maintain high standards of service.


  7. Helpful (3)

    "CoBank Operations Department not so great!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Loan Accountant in Greenwood Village, Arapahoe, CO
    Current Employee - Loan Accountant in Greenwood Village, Arapahoe, CO
    Doesn't Recommend
    Neutral Outlook

    I have been working at CoBank full-time (More than 5 years)

    Pros

    Job Stability
    Work life balance is good

    Cons

    Operations growth opportunities are a joke. They promote individuals they like not necessarily because they deserve it. They forget about the people who trained the individuals they are promoting. Also, the pay is not so great compared to the economy.

    Advice to Management

    If quality is what you care about then get more people because people are stressed to the max so people keep leaving. You cant be busy and short staffed and expect quality and then use it against your employees!

  8. Helpful (9)

    "Operations political nightmare"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Greenwood Village, CO
    Current Employee - Anonymous Employee in Greenwood Village, CO
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I have been working at CoBank full-time (More than 5 years)

    Pros

    The compensation is good in this department. The company has decent benefits and PTO is great.

    Cons

    Extemely political enviorment. The inner circle gets promoted and the hardest workers get left behind. It's more who you know than what you know.

    Advice to Management

    Stop promoting people that have no business managing people. A project oriented person rarely translates into a people centric person which is a vital component of any supervisor. The most recent promotion to a supervisor may have been the worst one yet. A persons on with an extremely rough personality and limited people skills overseeing 5 - 6 employees demonstrates managements miss guided approach to this department. For such an amazing company to have such a poorly supervised department is a shame.


  9. Helpful (3)

    "Bad Management"

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

    I worked at CoBank full-time (More than a year)

    Pros

    A shiny new building.

    Cons

    Upper level management was more interested in the bottom line than utilizing the tools at hand. Very, very political environment.

    Advice to Management

    Stop looking for quick wins. Focus on the foundation, of which the employees are the most important part.


  10. Helpful (6)

    "A pretty good place to work."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Director in Denver, CO
    Current Employee - Director in Denver, CO
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at CoBank full-time (More than 10 years)

    Pros

    Fair pay, plenty of advancement opportunities, very important mission makes it easier to go to work each day.

    Cons

    Hierarchical and not very progressive. Challenging the status quo is difficult.


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