Great Company with Major problems - Personal Banker BMO US Employee Review

3.0
Sep 25, 2014
Recommend
CEO approval
Business Outlook

Pros

The company is great, they will promote you as long as you put in the work and have great performance skills. They hire within and all you have to do is stay in one position for at least a year', once your year is up and you find interests in another position or department, you are welcome to apply. Great benefits and nice starting salaries, I started off at 41,000.00 my first year. I started out as a collection specialist and was then promoted to LossMit, after that promoted to personal banker, all within three years and on average the pay increase per position was about 8,000 per year.

Cons

Managers aren't always so great, not so much team work, and usually take advantage of their title as manager!!! Meaning you do all the work while they manage you while doing it. Smh they don't like to get their hands too dirty. Not too much flexibility depending on the department and size. Last but not least, do not make friends, focus on yourself and no sharing personal business.

Explore other reviews about BMO US

5.0
Jun 4, 2026
Recommend
CEO approval
Business Outlook

Pros

Culture is worth experiencing here

Cons

Nothing bad to say about company

1.0
Apr 24, 2026
Recommend
CEO approval
Business Outlook

Pros

Pros: • Great coworkers who foster a supportive team environment. • Strong commitment to community engagement and involvement. • Attractive annual bonuses and competitive quarterly compensation.

Cons

Cons: • High levels of sales pressure, which can be overwhelming at times. • Concerns about management, particularly after the hiring of former Bank of America leadership; implementation of their sales culture. • Recent changes to branch names (now referred to as Financial Banking Centers) suggest a shift towards Bank of America's practices. • Many branch managers are on performance improvement plans and face pressure to meet 100% of their goals weekly, leading to a stressful work environment. • There are reports of unethical sales practices that may require regulatory attention. Overall: BMO offers a positive work atmosphere with great benefits, but the increasing sales pressure and management issues may raise concerns for potential employees.

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