Wells Fargo - Wells Fargo is an excellent bank to work for. | Glassdoor
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There are newer employer reviews for Wells Fargo

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"Wells Fargo is an excellent bank to work for."

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Consumer Loan Underwriter II in West Chester, OH
Current Employee - Consumer Loan Underwriter II in West Chester, OH
Recommends
Negative Outlook
Disapproves of CEO

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

Pros

Excellent pay and benefits. 6% 401K match as well as bonus incentives for underwriters that match sales.

Cons

Market downturn has caused decision to close the West Chester, OH fulfillment center after more than ten years in this location.

Advice to Management

Big mistake! West Chester fulfillment has turned out well underwriter, compliant loans for over a decade with very few material findings on record.

Other Employee Reviews for Wells Fargo

  1. "stressful, unethical work environment"

    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 Wells Fargo full-time

    Pros

    great opportunity for internal growth.

    Cons

    Pressured to meet unrealistic sales goals. When they are not met you are chastised and embarrassed by your manager.


  2. "Company is only worried about gouging and profiteering!!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Customer Service and Sales Representative
    Former Employee - Customer Service and Sales Representative
    Doesn't Recommend
    Disapproves of CEO

    I worked at Wells Fargo full-time (Less than a year)

    Pros

    Got to learn first hand how banks really operate and after I did I got to tell them I quit.

    Cons

    - All this company is worried about is confusing people so they can collect fees.
    (good example - Oh you need to open two checking accounts and two savings accounts because one will be your everyday group of accounts and the other group will protect you from fraud. In reality they know you will never use the accounts properly and this will allow them to charge you all kinds of fees).
    - Be prepared to be a part time telemarketer.
    - Horrible management - worked at a location that did not have a manager or assistant manager for over 3 moths. District Manager said she would be there to help if something came up. She was contacted by another employee for assistance and asked him to not waste her time (no joke read the email and the transaction involved wiring $250,000 for a customer that was not in the office which needed her approval).
    - They say they offer incentive programs for top performers but the only people that make the quota are the same people you will see getting fired for unethical practices.

    Advice to Management

    I am not sure how you sleep at night!

There are newer employer reviews for Wells Fargo
There are newer employer reviews for Wells Fargo

See Most Recent

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