HomeStreet Reviews
Updated Jul 16, 2019
Found 152 reviews
"Great benefits, Excellent Co-Workers, Very comfortable work environment" (in 13 reviews)
"Work life balance is also excellent" (in 8 reviews)
"Leadership changes often and upper management is aloof and often rude" (in 6 reviews)
"Poor management, not a good work environment, lots of drama" (in 5 reviews)
"Senior Mortgage Loan Funder"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Compensation and Benefits
- Senior Management
RecommendsApproves of CEOI have been working at HomeStreet full-time for more than 5 years
Pros
Great Leadership, benefits, team environment
Cons
System can be slow at times
HomeStreet2019-05-20"Good Place to work"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Compensation and Benefits
- Senior Management
RecommendsNeutral OutlookApproves of CEOI have been working at HomeStreet full-time for more than 5 years
Pros
Smaller bank, great staff. Good benefits, time off.
Cons
Not much room to grow.
HomeStreet2019-07-16"Great to work for"
StarStarStarStarStarI worked at HomeStreet full-time for more than 3 years
Pros
Mortgage products were a bonus.
Cons
The environment could have been a lot better.
Advice to Management
Do more to train your employees and give more resources.
HomeStreet2019-07-09"Bank Review"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Compensation and Benefits
- Senior Management
RecommendsI worked at HomeStreet full-time for more than a year
Pros
Benefits are good, but not the best.
Cons
Management, and teams need lots of training on diversity, and working in teams.
Advice to Management
Retrain all your staff.
HomeStreet2019-06-18- Helpful (1)
"Good employees, awful leadership"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Compensation and Benefits
- Senior Management
Doesn't RecommendNegative OutlookDisapproves of CEOI worked at HomeStreet full-time for more than 3 years
Pros
They hire very nice people for the most part, and are willing to train capable people who aren't especially experienced, so it's a good place to start out a career.
Cons
Leadership changes often and upper management is aloof and often rude. Many employees are not at all tech savvy which makes supporting them difficult. Compensation for many roles is on the lower end. Human resources seemed ineffective when they received complaints (for example, multiple employees complained of sexual harassment from a female manager and those employees left within months, whereas the manager stuck around...
Show MoreAdvice to Management
Listen to the suggestions and concerns of staff.
HomeStreet2019-05-31 - Helpful (2)
"Great While it Lasted But Bitter After Taste"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Compensation and Benefits
- Senior Management
Doesn't RecommendNeutral OutlookDisapproves of CEOI worked at HomeStreet full-time for more than 5 years
Pros
Wonderful, competent management and co-workers. great support staff, good compensation plan with above average benefits, and competitive pricing and product mix. It was the best company I’d ever worked for in my mortgage career. That is, until February 14, 2019.
Cons
Company grew too fast from 2012 to present. Opened too many bank and mortgage branches in other parts of the region that ended up being huge money losers, too many layers of management, and all of this led to the company’s decision on February 14 of this year to sell off 90% of the mortgage division. This announcement was made via a company email on Valentine’s Day, of which I found both the timing and manner of presentation...
Show MoreAdvice to Management
Communicate more clearly and with more transparency than what has been shown. Better yet, it would be wisest to replace this CEO.
HomeStreet2019-05-21HomeStreet Response
July 22, 2019 – Human Resources
Thank you for recent comments on Glassdoor. We are pleased that in the last 20 years you believe that HomeStreet Bank was the best company you ever worked for. We have been proud of the company's growth and success over the last few years. We understand your disappointment in the ...
Show More "Going through growth challenges"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Compensation and Benefits
- Senior Management
RecommendsNeutral OutlookNo opinion of CEOI have been working at HomeStreet full-time for more than 10 years
Pros
Flexibility to participate in the community
Cons
this was a better company in years past, but the regular quarterly publicly traded scrutiny has eroded much of what made this company great. Turnover is constant and a disruption to our daily business success. They struggle to pay competitively in the major west coast markets; thus, causing more turnover.
Advice to Management
Bankers are skilled workers and deserved to be paid as such, the turnover is killing the customer experience.
HomeStreet2019-05-08HomeStreet Response
July 22, 2019 – Human Resources
Thank you for your continued loyalty to HomeStreet over the past 10 years. We appreciate your positive rating and comments. We would welcome the opportunity to speak with you about your concerns about compensation and the challenges of being a publicly traded company. Our objective ...
Show More"Not Terrible"
StarStarStarStarStarRecommendsNeutral OutlookApproves of CEOI have been working at HomeStreet full-time for more than 3 years
Pros
Friendly, knowledgeable co-workers. Many stay here for 10+ years. Competitive pay. Opportunity for advancement and promotion.
Cons
Changing strategic vision and downsizing certain parts of the company has led to many recent layoffs. Potential issues with the Board.
HomeStreet2019-05-22"Managers are hit or miss - massive cuts - potential down spiral?"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Compensation and Benefits
- Senior Management
Doesn't RecommendNegative OutlookDisapproves of CEOI worked at HomeStreet full-time for more than 3 years
Pros
I had a great manager, who was very understanding about how bad the PTO was, so they allowed for us to take half-days. Some excellent people. Working Remote. Great production focus.
Cons
Major lay-offs cut off too much. Too many critical people go let go. Standard 15 days of PTO is just O.K. Some people who have been there 20+ given only a head nod for their service. Lack of effort to retain top talent. Culture and values are all talk - put your money where your mouth is.
Advice to Management
Good luck. Lay-offs aside. Work harder to retain top talent.
HomeStreet2019-05-15HomeStreet Response
July 22, 2019 – Human Resources
We appreciate your comments and are pleased that your experience with your manager was positive. As you are aware, the company announced the divestiture of the stand-alone Single Family Lending mortgage offices. As a result of that transaction, our corporate overhead had to be rightsized ...
Show More- Helpful (1)
"Great while it lasted"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Compensation and Benefits
- Senior Management
I worked at HomeStreet full-time for more than a year
Pros
Great work-life balance. Managers were a pleasure to work with.
Cons
Benefits were just alright. Seemed resistant in paying what employees were actually worth.
HomeStreet2019-04-26
HomeStreet Response
July 22, 2019 – Human Resources
Thank you for your comments on Glassdoor. We wholeheartedly agree that HomeStreet hires great people and has a strong training platform for capable people. We have provided feedback to our upper management to ensure they are aware of how they come across with employees. The comments ...
Show More