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Dollar Bank

Engaged Employer

Dollar Bank

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Dollar Bank Employee Reviews about "dollar bank"

3.6

71% would recommend to a friend

(24 total reviews)

President and CEO James J. McQuade

James J. McQuade

91% approve of CEO

Ratings by category

4.1

Culture & Values

4.1

Diversity & Inclusion

3.8

Work/Life Balance

3.7

Career Opportunities

3.5

Senior Management

3.3

Compensation and Benefits

Ratings distribution

5 stars

16%

4 stars

24%

3 stars

31%

2 stars

17%

1 star

12%

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Found 24 of over 317 reviews

Updated Nov 20, 2023

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Top Review Highlights by Sentiment

Excerpts from user reviews, not authored by Glassdoor

Pros
  • "the benefits are great and the company functions are nice(in 27 reviews)
  • "Many great people are leaving...witch is changing the dynamics of the company... if it's not broke don't fix it(in 25 reviews)
  • "Good products and training(in 17 reviews)
  • "Most of the employees are friendly and personable(in 14 reviews)
  • "Easy to move up and good job security(in 13 reviews)
Cons
  • "Pay is low for the position(in 61 reviews)
  • "It is based on how upper management feels about you.(in 22 reviews)
  • "Low salaries, not much growth within branches(in 17 reviews)
  • "Management is 50/50, some are wonderful and intelligent, some are demeaning, offensive and have no right to be in the positions they are in.(in 17 reviews)
  • "A lot of branches only run on 2 managers, which makes it impossible to make sure the branch is covered.(in 9 reviews)

Ratings by Demographics

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This rating reflects the overall rating of Dollar Bank and is not affected by filters.

Reviews about "dollar bank"

Return to all Reviews
24
    1. 5.0
      Mar 18, 2022
      Branch Manager
      Current Employee
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Upper management really cares about you and your team both personally and professionally. Ive had several professional jobs in this industry and this is the first place I can honestly say I can see myself retiring from. Everyone in upper management is always there to help you and your career grow at Dollar Bank. Kim is the best regional you can ever ask for, truely a blessing to work for her.

      Cons

      Nothing to complain about, its a great employer to work for.

      1. 5.0
        May 16, 2022
        Consumer Loan Representative
        Current Employee
        Recommend
        CEO Approval
        Business Outlook

        Pros

        Stability Dollar Bank has been in business since 1855 the with no lay offs . The Benefits and pay are great looking forward to a successful career with the organization.

        Cons

        No challenges presented it’s self

      2. Join the Dollar Bank team
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        1. 5.0
          Jun 14, 2023
          .NET Developer
          Current Contractor
          Recommend
          CEO Approval
          Business Outlook

          Pros

          Cutting-edge Technology: As a .NET Developer at Dollar Bank, you have the opportunity to work with the latest technologies, including Microsoft Azure, ASP.NET, Entity Framework, and SQL Server. This allows you to stay at the forefront of industry trends and expand your technical skills. Azure Platform Experience: Being involved in the development and improvement of applications hosted on the Microsoft Azure platform gives you valuable experience working with cloud-based solutions. This knowledge is highly sought after in today's market and can open up future career opportunities. End-to-End Development: You are involved in the entire development lifecycle, from requirement gathering to maintenance tasks. This provides a comprehensive understanding of the development process and allows you to contribute to various aspects of the applications. Collaborative Environment: Working at Dollar Bank, you have the opportunity to collaborate with a team of talented professionals. This fosters a supportive and learning-oriented environment where you can exchange ideas, share knowledge, and enhance your problem-solving abilities. Diverse Project Portfolio: Dollar Bank likely handles a variety of projects and applications, providing you with exposure to different domains and challenges. This diversity can keep your work interesting and allow you to continuously learn and grow in your role.

          Cons

          High Workload: The nature of software development can be demanding, and as a .NET Developer at Dollar Bank, you may experience high workloads and tight deadlines. Balancing multiple projects or handling production support tasks could lead to increased stress levels and potential challenges in maintaining work-life balance. Technical Challenges: Working with cutting-edge technologies like Azure and ASP.NET can present technical challenges and complexities. Keeping up with the rapidly evolving technology landscape may require continuous learning and staying updated with the latest developments, which can be demanding and require additional effort outside of regular work hours. Limited Innovation Opportunities: In a highly regulated industry like banking, there may be limitations on innovation and flexibility in implementing new ideas or technologies. Adhering to strict security and compliance standards may restrict the scope for exploring innovative solutions, potentially leading to a more conservative development environment. Pressure for Accuracy and Precision: Working with financial applications demands a high level of accuracy and precision. The need to ensure data integrity, transactional security, and regulatory compliance can result in added pressure and scrutiny on your work. Mistakes or errors could have significant implications, requiring careful attention to detail. Limited Autonomy: Depending on the team structure and project management approach, you may have limited autonomy in decision-making or have to follow specific guidelines and processes strictly. This can reduce the freedom to explore alternative approaches or implement creative solutions, potentially affecting job satisfaction for those seeking more autonomy.

          1. 4.0
            Feb 23, 2023
            Manager
            Current Employee
            Recommend
            CEO Approval
            Business Outlook

            Pros

            Employee Centered with an open door management style. Family like atmosphere

            Cons

            Dollar Bank is antiquated and stuck in their old ways.

            1. 2.0
              Aug 25, 2011
              Anonymous Employee
              Current Employee
              Pittsburgh, PA
              Recommend
              CEO Approval
              Business Outlook

              Pros

              There are many great people who work in the branches. Most branch colleagues are supportive and provide help when needed. The company is good about respecting a fair work life balance as well as there are understanding if a personal need arises. Dollar Bank has a good training department and provides a solid basic foundation in banking operations.

              Cons

              There is not any communication between departments and no consistancy in getting the correct answer to policies and operations. Qualified women are consistantly passed up for advancement by men. There are few opportunities for career growth and advancement between departments. Dollar Bank is a good entry level bank to learn the basics but it is not a good move for a career women who is looking to stay and grow with the company.

              2
              1. 2.0
                Oct 8, 2016
                Anonymous Employee
                Current Employee, more than 10 years
                Pittsburgh, PA
                Recommend
                CEO Approval
                Business Outlook

                Pros

                Dollar Bank is a friendly work environment.

                Cons

                Dollar Bank does not pay competitive salaries in information technology departments.

                2
                1. 4.0
                  Nov 8, 2015
                  Teller
                  Current Employee, less than 1 year
                  Kent, OH
                  Recommend
                  CEO Approval
                  Business Outlook

                  Pros

                  Coming into banking with zero experience, Dollar Bank has a really great training program to really get you in the swing of things. I thoroughly enjoy everyone I work with/have worked with throughout my time being here!

                  Cons

                  The technology used is outdated and there are minimal incentives for reaching and exceeding goals

                  3
                  1. 4.0
                    Feb 27, 2023
                    Anonymous Employee
                    Current Employee, more than 10 years
                    Recommend
                    CEO Approval
                    Business Outlook

                    Pros

                    Customer service oriented Career advancement

                    Cons

                    Leadership seems to be losing their way/focus when it comes to why people bank and work with Dollar.

                    1. 2.0
                      May 29, 2018
                      Anonymous Employee
                      Former Employee, more than 8 years
                      Pittsburgh, PA
                      Recommend
                      CEO Approval
                      Business Outlook

                      Pros

                      The people and the camaraderie and the events that are held consistently to keep those internal relationships going, health benefits, vacation policy.

                      Cons

                      Dreadfully low pay which is exponentially worse if you work your way up in the company. That’s not a typo. Employees who work their way are awarded thousands less than their peers brought in from the outside with similar or less experience. Management has adapted a new sales culture never before pushed at Dollar Bank. A once customer-driven bank is now nothing more than a cheap mini clone of Wells Fargo—foaming at the mouth for more numbers and cross-selling of ancillary products with ZERO reward for employees who excel, except for faster promotions for those who excel and pay no attention to ethics. Dollar Bank wants to be a player with the bigger banks and finance companies but refuses to pay their employees a proper wage for performing as such. No one works on commission, meaning you’re compensated no more regardless of production volume, but management still expects aggressive and unreasonable sales goals. I was once excited about the idea of spending my career there, but this once-respected regional employer stopped practicing what they preached.

                      9
                      1. 4.0
                        Jan 20, 2020
                        Personal Banker Supervisor
                        Current Employee, more than 1 year
                        Pittsburgh, PA
                        Recommend
                        CEO Approval
                        Business Outlook

                        Pros

                        Great company to work for. They are fair and care about their employees. A real sense of teamwork, too. I've worked for many other banks. By far the best working environment. Promotions are real. I have seen many good employees move up through the ranks.

                        Cons

                        Salary is disappointingly low. The difference in salary between Dollar Bank and other local financial institutions is significant.

                        2
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                      Feel free to post any interview questions you might be asked and I’ll help you compose an effective response :)

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                      I have a curious question to ask. I'm working on a way to help people do better at their job interviews.  What would you say is the hardest part about taking a job interview? And what can make the experience easier?

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                      Administrative Coordinator

                      Hi! I just had an interview yesterday which was the second one (first was with in house recruiter). This interview was with the person who would be my boss. There are still two panel interviews to go with the rest of the team (if they choose me to go forward). Do I send a thank you email for this round? Especially bc it was with the director? Thanks for the help!

                      1
                      0 Comments

                      Project Coordinator

                      So I have been made redundant recently ( Im still working till mid December) and Im currently applying to lots of jobs. And I was thinking if I should get in contact with the hiring manager/HR about my application, trying to explain my situation and I would like to get an answer ASAP if they want me in for an interview or not(but at the same time I don’t want to sound too desperate or too pushy) but it’s a bit stressful and difficult dealing with this ( so I’m a bit desperate TBH)

                      3
                      4 Comments

                      Glassdoor has 317 Dollar Bank reviews submitted anonymously by Dollar Bank employees. Read employee reviews and ratings on Glassdoor to decide if Dollar Bank is right for you.