Far East National Bank Reviews | Glassdoor

Far East National Bank Reviews

15 reviews

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2.5
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Frederick Copeland
5 Ratings

15 Employee Reviews

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  1. "Great learning experience"

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

    Pros

    Work closely with management. Tight knit family.

    Cons

    More conservative culture. Lower pay compared to others.


  2. "Bank Teller"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Very relaxed environment and friendly co-workers

    Cons

    No hand-on learning opportunity and too laid back

  3. "Management used to be better"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Los Angeles, CA
    Former Employee - Anonymous Employee in Los Angeles, CA
    Doesn't Recommend
    Approves of CEO

    I worked at Far East National Bank full-time (More than 8 years)

    Pros

    Good place to start for entry-level job.

    Cons

    Management lack employee appreciation
    Too much politics within the company


  4. "Don't work here"

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

    Pros

    Nice people working on the staff, fun holiday party, good food options near the main branch, plenty of open positions to apply for. Good if you want a position to just show up, don't make any waves, and collect a paycheck.

    Cons

    Executive management does not know basic banking principles, most problems are just ignored until they go away, VERY high employee turnover, politics will win out over good business. Career suicide if you're trying to grow (aside from getting a higher title on your resume).

    Advice to Management

    No point in giving any advice. Management will not listen to anyone but themselves and let good employees get frustrated and leave.


  5. "CSR"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    No opinion of CEO

    I worked at Far East National Bank full-time (Less than a year)

    Pros

    It was alright. Learned quite a bit of things.

    Cons

    Low pay, not much for advancement.


  6. "Great place to start for banking"

    StarStarStarStarStar
    Former Employee - Compliance Coordinator in Los Angeles, CA
    Former Employee - Compliance Coordinator in Los Angeles, CA

    I worked at Far East National Bank full-time (More than 5 years)

    Pros

    Great people to work with, but that depends on the department you work in, tight group, my manager was great and helpful.

    Cons

    Poor retention rate. Understaffed in certain departments which leads to more work than you need to. Underpaid. Very behind in technology compared to other banks


  7. "Apparently gotten smaller by 30% over the past 5 years instead of growing larger"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - PC Specialist in Los Angeles, CA
    Former Employee - PC Specialist in Los Angeles, CA
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    market involves bilingual customers, speaking and writing Chinese as well as English and be aware of the various cultures of the customers and potential customers

    Cons

    uncertain ability to expand market base

    Advice to Management

    have a solid business plan in place before it's too late

  8. "It was a good place to learn BSA/AML over the past 5 years"

    StarStarStarStarStar
    Former Employee - Assistant Vice President in Los Angeles, CA
    Former Employee - Assistant Vice President in Los Angeles, CA

    I worked at Far East National Bank full-time (More than 10 years)

    Pros

    There were a considerable amount of cases and situations for learning.

    Cons

    There were no opportunities for advancement


  9. Helpful (1)

    "Analyst"

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

    I have been working at Far East National Bank full-time (More than 3 years)

    Pros

    Learning opportunity. If you like to get into banking industry (low growth/shrinking)

    Cons

    Low level technology. Below average pay/benefits. Penny wise (pound foolish).


  10. "The Bank has no concept of employee morale."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Underwriter in Los Angeles, CA
    Former Employee - Underwriter in Los Angeles, CA
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I worked at Far East National Bank full-time (More than a year)

    Pros

    There are no pros for working for FENB.

    Cons

    - Employees are treated like sweatshop workers with inhuman workload and pressure.
    - Managers have no people skills and are ill-mannered with everyone.

    Advice to Management

    Operate the company like it is in the United State and not in Taiwan.


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