Leader Bank Reviews | Glassdoor

Leader Bank Reviews

Updated November 6, 2017
30 reviews

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2.8
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Sushil K. Tuli
22 Ratings

30 Employee Reviews

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  1. "Full Time Intern"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    The best part of working for this bank is the people you will be working with. Everyone I worked with was great and supportive. Almost all of the managers regularly took time to talk with employees at the bank.

    Cons

    Not too much to complain about at the bank. I had a great experience and learned a lot while I was here.

    Advice to Management

    Try to get as much input as possible from your employees. Take all feedback, negative or positive.


  2. "Don't waste your time"

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

    I worked at Leader Bank full-time

    Pros

    Not micromanaged (pro and con) and coworkers were nice. Ability to work from home when have to. Quiet atmosphere. Health insurance benefit was nice.

    Cons

    Management is POOR. There are no staff meetings. No direction. You are pretty much are just expected to do the work, ask no questions and get very little gratitude for doing it. Bonuses are hard to obtain and QC is a joke. Never had any personal conversations with management, no "have a happy holiday" or "enjoy your vacation". It's pretty much work work work. Only hear from manager when there is an issue or a rush loan. Lastly, they promote individuals that really don't always deserve it and makes you wonder why.

    Advice to Management

    Value your employees and people who devote 40+ hours a week of their life to contributing to the banks profit and take time to actually get to know your employees.

  3. "Would Not Recommend"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Employee in Arlington, MA
    Former Employee - Employee in Arlington, MA
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at Leader Bank full-time (More than a year)

    Pros

    This is a growing community bank with high residential loan volume. Can get busy, smaller organization that has retail growth potential

    Cons

    Noticeably high turnover rate, low pay, expected to work OT, OT considered in determining pay rate, poorly managed, bad location, limited training

    Advice to Management

    Management needs experience working with tasks that employees in their department are responsible for. Employees frequently and openly going on interviews at other companies should be a sign that something is wrong with your company.


  4. Helpful (1)

    "not worth putting your sanity in jeopardy by working here. There are many broken promises and even if you do your best n"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Arlington Heights, IL
    Former Employee - Anonymous Employee in Arlington Heights, IL

    Pros

    close to home,easy parking,Great Location

    Cons

    poor pay, High turnover,decision making and changes are slow.


  5. Helpful (1)

    "I'm glad I made the move here"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous in Arlington, MA
    Current Employee - Anonymous in Arlington, MA
    Recommends

    Pros

    I don't feel overwhelmed here nor do I feel micromanaged. I feel they are very flexible with time off and schedules. I work a strange schedule because of my kids schedule and haven't felt any backlash from management for it. I feel like I am part of a great team finally after years of being overworked with national mortgage lenders. They let you work overtime when you can but have never been told to work mandatory OT or that I have to work overtime at all which is good for me with taking care of kids when I get home. I have also enjoyed all the loan officers I have worked with.

    Cons

    the bonus plan stinks. I don't even try for it because there are too many layers to have to try and meet before you even qualify for it. and if you do qualify for it, it's not very much.
    while not micromanaged is a good thing, there seems to sometimes be a lack of communication. there are no regular department meetings. There are growing pains with policies and so forth but they are growing which is good for volume.


  6. "Flourishing Community Bank"

    StarStarStarStarStar
    • Work/Life Balance
    • Comp & Benefits
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Approves of CEO

    I have been working at Leader Bank full-time

    Pros

    I have to say that my favorite part about Leader Bank is the people. I have worked at Leader for over four years and have made some really great, lasting friendships. I couldn’t ask for a better group of colleagues. This past year was very difficult for me as I experienced two deaths in my family, and senior management was incredibly supportive throughout the whole ordeal. This is a company that really cares about its employees.

    Cons

    The company has been growing at a rapid rate, and as a result has experienced some growing pains. However, I think that's normal as new positions are created and existing roles adapt to changes and shifts in responsibilities. Overall, growth is a positive thing.


  7. "Loan Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Loan Analyst in Arlington, MA
    Current Employee - Loan Analyst in Arlington, MA
    Recommends
    Positive Outlook

    I have been working at Leader Bank full-time (More than 5 years)

    Pros

    I am working at Leader Bank for last five years. Last month I had my baby, during my pregnancy my manager was very understanding and adjusted to work flow so don’t get over tired. I was allowed to take time off for doctor's appointments and HR department went out of their way to help. I am always given opportunities to progress and learn. I am looking forward to coming back to work in four weeks.

    Cons

    Sometimes finding parking is difficult.

    Advice to Management

    i very much like the management of this company.

  8. "Vice President and Loan Officer"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Loan Officer in Arlington, MA
    Current Employee - Loan Officer in Arlington, MA
    Recommends
    Positive Outlook

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

    Pros

    Leader Bank has a great reputation and I'm proud to tell people I work here. I feel it was the best decision of my career. The support from Management and the teamwork among the staff allows me to be confident in my job. I love the new challenges and continued opportunity to learn as it is a growing company. Management has an open-door policy and genuinely cares about it's employees which gives it that family feel.

    Cons

    The nature of the job can sometimes be a pressure cooker due to deadlines and closings dates, however, you know the team will kick in and everyone makes it happen.

    Advice to Management

    Thanks for keeping up the "open door policy" as it makes us feel so appreciated. You listen to your employees


  9. "Teller/Personal Banker"

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

    I worked at Leader Bank (Less than a year)

    Pros

    Flexible schedule, great interaction with management because of small business environment

    Cons

    There is a big chunk of manual work


  10. "Organization Dedicated to Fostering Growth"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Assistant Vice President, Retail Banking in Arlington, MA
    Current Employee - Assistant Vice President, Retail Banking in Arlington, MA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Leader Bank (More than 8 years)

    Pros

    I have been an employee with Leader Bank since 2008, and really have nothing bur praise for the organization. This company has a stellar management team, with a culture that really fosters professional growth for each and every employee. I spent the first four years of my tenure with Leader Bank as the Executive Assistant to the President and CEO. During this time, I was able to learn an enormous amount about the inner workings of the company and the ideals and values that drive the employees, from the top down. Leader Bank recognized all that I had learned in my role as an EA and the potential that I had to contribute to the organization in more meaningful ways. As a result, I was promoted to the Assistant Vice President of Retail Banking in 2012.

    Although it is true that every manager has a different management style, the company as a whole really promotes individual learning and innovative thinking. Leader Bank understands that as employees grow (both professionally and personally), it really benefits the entire company. However, this is more than a philosophy - the company ACTS on this belief. Leader Bank has not only paid for me to attend online classes, but they have also allowed (and even encouraged) me to take advantage of many training opportunities over the years. If you are willing to put in the hard work, dedication and commitment required to succeed, Leader Bank will make sure that you feel appreciated and valued. Prove yourself to be a valuable asset and they will make sure that you don't ever regret the decision to join the Leader Bank family.

    Cons

    You may go through phases where your dedication and loyalty to Leader Bank make you forget to go home at the end of the day!


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