Third Federal Savings and Loan Association Reviews | Glassdoor

Third Federal Savings and Loan Association Reviews

Updated March 12, 2017
23 reviews

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Full-time Part-time

4.0
Star Star Star Star Star
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Approve of CEO
Third Federal Savings and Loan Association Chairman, President, and CEO Marc A. Stefanski
Marc A. Stefanski
15 Ratings

23 Employee Reviews

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  1. "Bank Investigation"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Bank Investigation in Cleveland, OH
    Former Employee - Bank Investigation in Cleveland, OH
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Third Federal Savings and Loan Association full-time (More than 10 years)

    Pros

    Owner of bank on site. Family atmosphere.

    Cons

    I enjoyed my time at Third Federal.

    Advice to Management

    Continue operating as you have previously.


  2. "Great Culture, Great Customers"

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

    I have been working at Third Federal Savings and Loan Association full-time (More than 5 years)

    Pros

    Customers, Flexibility in Schedule & Opportunities to work in different positions, Excellent Retirement plans, training opportunities, vacation, overall great ethics, good place to work with good people.

    Cons

    No salary guidelines for each position.


  3. "Great place to work."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Special Services Specialist III in Cleveland, OH
    Former Employee - Special Services Specialist III in Cleveland, OH
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Third Federal Savings and Loan Association (More than a year)

    Pros

    The CEO cares about his employees.

    Cons

    If you don't have experience in certain areas, they will not give you a chance in that area. Even if you have a degree.

    Advice to Management

    N/A


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  5. Helpful (2)

    "Not too bad"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Customer Service Representative in Cuyahoga Heights, Cuyahoga, OH
    Current Employee - Customer Service Representative in Cuyahoga Heights, Cuyahoga, OH
    Recommends
    Negative Outlook
    Approves of CEO

    I have been working at Third Federal Savings and Loan Association full-time (Less than a year)

    Pros

    Great company and really great people. This company definitely appreciates their associates and they definitely show it with bonuses and events.

    Cons

    Sometimes, it seems out are micromanaged. You only get hired if you have experience, yet when your here, you have no decision making at all and always have to go through a middle person for simple questions.

    Advice to Management

    Trust the "little people" a little more. We are wasting customers time having to talk to 2-3 people for one task when we are capable of doing it ourselves


  6. Helpful (2)

    "Poor Management"

    Star Star Star Star Star
    • 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
    Positive Outlook
    Approves of CEO

    I worked at Third Federal Savings and Loan Association (More than 3 years)

    Pros

    Benefits and Employee Stock plan were very generous.

    Cons

    Total disregard for individual contributions. Team focus was taken to an extreme; to the point of not recognizing high performing employees. There is a lack of accountability and immediate managers have very little authority or decision making power. All decisions are made at a much higher level. The company states they make decisions by team consensus, but that is not the case. More often than not team recommendations are ignored. Every employee is treated the same to the detriment of ones career. There is no career path and when asked about career paths management become agitated.

    Advice to Management

    Live by the value system that you preach repeatedly.


  7. "Bank Teller"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Bank Teller
    Former Employee - Bank Teller
    Recommends
    Positive Outlook

    I worked at Third Federal Savings and Loan Association part-time (Less than a year)

    Pros

    Good training program for bank tellers

    Cons

    Teller staff can be clique-y and women dominated

    Advice to Management

    Staff can be clique-y


  8. "CSR III"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Customer Service Representative in Miami, FL
    Current Employee - Customer Service Representative in Miami, FL
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    good work life balance/customers and employees are pleasant
    no stress

    Cons

    not enough products to bring customers in the door


  9. Helpful (1)

    "great work at Third Federal"

    Star Star Star Star Star
    • 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

    Pros

    Third federal is a wonderful and great place to work. There is room for growth and lots of career growth potential.

    Cons

    I don't really have any cons. Maybe Third Federal should open more branches in more cities throughout the US. That would be great.

    Advice to Management

    Keep up the good work. You treat your employees well, and fully embrace the work culture of trust, respect and stability.


  10. "analyst"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business Analyst in Cleveland, OH
    Current Employee - Business Analyst in Cleveland, OH
    Recommends
    Neutral Outlook

    I have been working at Third Federal Savings and Loan Association full-time (More than 3 years)

    Pros

    great environment, people are truly caring, flexible hours and a lot of vacation

    Cons

    low pay and not clearly defined advancement

    Advice to Management

    have set ways to elevate through the organization, don't play so much favoritism


  11. Helpful (1)

    "Management"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Management in Cleveland, OH
    Former Employee - Management in Cleveland, OH
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Easy hours and decent benefits.

    Cons

    This place is a great place to work if and only if you are looking for a job and not a career. Management is uneducated and thinks too highly of themselves. The one thing that management is somewhat good at, is identifying potential and exploiting it until the employees realize they are being taken advantage of. If you become management or get into "The Program", meaning the management training program (no program actually exists. There is no training or development of management skills) do not dare to use all of your sick time or you will be told you need to improve your attendance, because you are held to a higher standard. Wages are extremely low and this bank is plagued with long term employees that have a negative attitude.

    Advice to Management

    Develop your employees and retain talent. The only employees you are retaining are those that have no future and sadly lack the skills and education to go elsewhere.



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