New York Community Bancorp Reviews | Glassdoor

New York Community Bancorp Reviews

Updated January 16, 2019
285 reviews

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2.8
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New York Community Bancorp Chairman, President, and CEO; President, CEO and Director, New York Community Bank Joseph R. Ficalora
Joseph R. Ficalora
107 Ratings

Employee Reviews

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Pros
Cons
  • "Corporate is oblivious, customers are unnecessarily inconvenienced by outdated policy, branch staff is keenly aware there is little room for growth" (in 9 reviews)

  • "No room for advancement and they do not make you feel very appreciated" (in 11 reviews)

More Pros and Cons

  1. "teller"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at New York Community Bancorp part-time

    Pros

    work can be slow so you have time to do other stuff, people are really nice

    Cons

    system is outdated, lots of paperwork


  2. Helpful (1)

    "Part-time CAP worker"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Services Associate in Westbury, NY
    Current Employee - Financial Services Associate in Westbury, NY

    I have been working at New York Community Bancorp part-time (More than 3 years)

    Pros

    Tuition Reimbursement, hours, flexible scheduling

    Cons

    Not really a path to career advancement, have to meet quotas, regional managers breath down your throat to meet goals

  3. Helpful (1)

    "NYCB"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Assistant Manager in New York, NY
    Current Employee - Assistant Manager in New York, NY
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at New York Community Bancorp full-time (More than 10 years)

    Pros

    The work environment is nice.

    Cons

    The bank is horrible at compensation. The yearly raise is a joke.

    Advice to Management

    Appreciate the employees that actually work well.


  4. "Great for advancement"

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

    I have been working at New York Community Bancorp full-time

    Pros

    Quick promotions
    Flexible scheduling
    Good introduction to a banking career

    Cons

    Technology is not up to industry standards


  5. "Good Company Overall"

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

    I worked at New York Community Bancorp part-time (More than a year)

    Pros

    Many Opportunities for advancement ( more if you know someone)
    Flexible with Scheduling
    Employee Engagement

    Cons

    You have to complete a lot of paperwork in regards to selling product. I have never worked at a bank that made you write everyday about what you plan on doing the next day and what you did during the day. It made me feel like i was in school 24/7.

    Advice to Management

    Upper Management ( District Managers & HR) should retrain some branch managers who have been with the company a long time on how to speak to and deal employees of all types to avoid conflicts. They should also follow up when there is a complaint.


  6. Helpful (1)

    "Not a bad job if you are in school or just starting a career in financial services"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Services Representative in West Palm Beach, FL
    Former Employee - Financial Services Representative in West Palm Beach, FL
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at New York Community Bancorp full-time (Less than a year)

    Pros

    Not a bad job if you are in school or just starting a career in financial services

    Cons

    Operations
    Paperwork process can be a bother to deal with

    Advice to Management

    -Update the account opening process to that of modern banking
    -Streamline the process.


  7. "Review"

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

    I have been working at New York Community Bancorp part-time

    Pros

    You get good bonuses if youre a student. Incentives are also good. Very flexible scheduling.

    Cons

    You are just a number to the company.

  8. Helpful (1)

    "Worst - Don't recommend"

    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

    I worked at New York Community Bancorp full-time (Less than a year)

    Pros

    IT Staff is very good who works most of the times.

    Cons

    Worst Higher management - never recommend any one to join this bank.


  9. Helpful (2)

    "Manager"

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

    I worked at New York Community Bancorp full-time (More than 3 years)

    Pros

    Pay was decent for me but not for everyone

    Cons

    Terrible corporate policies and upper management was no help. All employees i encountered were miserable.

    Advice to Management

    Listen to your employees


  10. Helpful (1)

    "Financial Services Associate FSA"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Fsa in New York, NY
    Current Employee - Fsa in New York, NY
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at New York Community Bancorp part-time (More than a year)

    Pros

    You get good pay if coming from outside bank, and some great CD rates for sales purposes

    Cons

    Managers can get away with murder, Incentives aren't that good, Alot of extra paper work in this day in age. When opening accounts we must fill out alot of paperwork nothing is hardly digital.