Third Federal Savings and Loan Association Reviews | Glassdoor

Third Federal Savings and Loan Association Reviews

Updated January 9, 2017
9 reviews

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4.0
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Third Federal Savings and Loan Association Chairman, President, and CEO Marc A. Stefanski
Marc A. Stefanski
7 Ratings

9 Employee Reviews

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  1. "Fantastic place to work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Intern - Float Bank Teller in Brunswick, OH
    Current Intern - Float Bank Teller in Brunswick, OH
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Third Federal Savings and Loan Association as an intern (More than 3 years)

    Pros

    Very friendly atmosphere, caring fun associates, relaxed yet professional workplace.

    Cons

    Pay is not spectacular for working full time without benefits


  2. "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


  3. 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.


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. "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


  6. "Mortgage officer"

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

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

    Pros

    Friendly environment!
    Encourage promotion within
    Fun annual events
    Great steady consistent job-rarely Fire or lay off ever-many people stay for years

    Cons

    If your looking for advancement in career it can be hard bc most people don't leave there jobs so if your looking to move departments its competitive.
    Some mangers are promoted within because of tenure but don't have manager experience and that can be challenging when needing to communicate.
    Pay is decent and jobs are consistent.
    No commission for mortgages

    Advice to Management

    Increase merit promotion and raise amounts for employees.
    Better manger training so managers know how to communicate with there teams and employees individually.
    Create more opportunities for jobs/shadowing/interning in all departments


  7. "Appreciative"

    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 (More than 10 years)

    Pros

    Continues to maintain morale through associate campaigns, random dress-down days, casual dress summers, biannual reviews and bonuses, annual salary increases, associate appreciation events and gifts, and continues to encourage value system.

    Cons

    Prefer to include more formal training. Associates are more equipped to assist customers if they receive thorough and continues training.


  8. "Feels like family"

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

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

    Pros

    One of the greatest reasons to work at Third Federal is the culture. It truly is a family oriented business. They care about the customers; they care about each other.

    Cons

    Not a lot of career path if you're not in Cleveland or don't want to be.


  9. "Family style fun"

    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
    Recommends
    Approves of CEO

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

    Pros

    Provided a family style work environment and atmosphere.

    Cons

    Telephone system, associate's PCs and online banking is antiquated.


  10. "Good place to work. Employees are generally happy"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends

    Pros

    Good work/life balance
    avg pay
    well respected savings and loan, very safe stable and secure
    low pressure. not pushed to sell like other banks

    Cons

    small footprint
    limited products and services offered
    limited opportunities for growth, almost too conservative for own good
    no real incentives

    Advice to Management

    Be more open to opportunities to grow the business.
    Think about offering more incentives for people who produce business and loans



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