Comerica - Small bank feel | Glassdoor
There are newer employer reviews for Comerica
There are newer employer reviews for Comerica

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"Small bank feel"

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Vice President in Dallas, TX
Current Employee - Vice President in Dallas, TX
Recommends
Positive Outlook

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

Pros

Each office is run like a small bank so it doesn't feel micro-managed.
Great benefits
Good work/ life balance
Long-tenure of employees and promotions from within
Solid underwriting and common sense approach
Each deal is customized to the customer which provides for more opportunity

Cons

Somewhat hierachical structure beyond individual office
Formal culture that can tend to limit innovation
Somewhat slow to adopt new technologies

Advice to Management

Frequently assess processes/ initiatives to see if they are still relevant and ask for suggestions from employees who are on the front-lines. Less top-down approach and more bottom-up initiatives. Employees on the front lines are most aware of customer desires and competition.

Other Employee Reviews for Comerica

  1. Helpful (1)

    "It's ok, but nothing to write home to Momma about"

    StarStarStarStarStar
    • Career Opportunities
    Current Employee - Assistant Banking Center Manager in Detroit, MI
    Current Employee - Assistant Banking Center Manager in Detroit, MI

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

    Pros

    A steady paycheck, and the ability to learn IF you're a self starter. Amazing corporate culture

    Cons

    Poor Technolgy, retail centers are horribly understaffed, remaining employees are grossly over-worked forcing them to have multiple jobs, but one salary, many, but not all manager in the retail centers are not forced to do MORE work. The pay isn't great, but it could be worse. Finally, when you realize that as a retail banker, you're really no different than salespeople in Footlocker...it's pretty bad

    Advice to Management

    Be more sensitive to the frontline. Cut from the top down SOMETIMES as opposed to bottom up. The frontline produces the revenue that becomes the profit that you utilize for the huge salaries and bonuses, etc. why should we be overly stressed? We make pennies.


  2. Helpful (1)

    "Small bank wanting to be big box bank without the tools."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President Banking Center Manager in Houston, TX
    Former Employee - Vice President Banking Center Manager in Houston, TX
    Doesn't Recommend
    Negative Outlook

    I worked at Comerica full-time (More than 3 years)

    Pros

    Consumer and business traffic in the banking center was very little. Therefore one could deliver very good customer service.

    Cons

    Systems is out dated. They need more progressive features if they want to compete with the top five banks in america.

    Advice to Management

    When you hire someone from another bank does not mean their idea is new.

There are newer employer reviews for Comerica
There are newer employer reviews for Comerica

See Most Recent

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