U.S. Bank Reviews in Minneapolis, MN | Glassdoor

U.S. Bank Minneapolis Reviews

Updated September 19, 2017
312 reviews

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Minneapolis, MN

3.5
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U.S. Bank Chairman, President, and CEO Richard K. Davis
Richard K. Davis
218 Ratings

312 Employee Reviews

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Pros
Cons
  • Work/Life balance could be better (in 138 reviews)

  • Low pay versus similar competitors (in 131 reviews)

More Pros and Cons

  1. "Pros and Cons"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Attorney, Senior Contract Negotiator in Minneapolis, MN
    Current Employee - Attorney, Senior Contract Negotiator in Minneapolis, MN
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at U.S. Bank full-time (More than a year)

    Pros

    I love the work-life balance and low stress levels I have at U.S. Bank. I also love that I can work from home two days per week.

    Cons

    It is hard to advance and earn meaningful salary increases without leaving the company and then coming back.


  2. Helpful (1)

    "Too conservative"

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

    Pros

    Good work life balance
    Fair salary
    401k and pension
    Ability to telecommute

    Cons

    Terrible technology and obsolete programs- I work from home and half the time I can't even connect. The culture is too conservative as well, you won't meet many forward thinkers

    Advice to Management

    Invest in IT and new ideas. I've never worked for a company with such poor technology. I would estimate its at least 10 years behind. Very frustrating when 2 hours of your 8 hour work day are spent trying to get your connection to work and dealing with computer issues

  3. "Universal Banker"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Universal Banker in Minneapolis, MN
    Current Employee - Universal Banker in Minneapolis, MN
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at U.S. Bank full-time (More than a year)

    Pros

    Good development, lots of holidays

    Cons

    It pays pretty low for the industry


  4. "Risk Specialist Intern"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Risk Management Specialist in Minneapolis, MN
    Former Intern - Risk Management Specialist in Minneapolis, MN
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at U.S. Bank as an intern (More than a year)

    Pros

    The teams are incredible, and the managers are very aware of maintaining an appropriate work life balance.

    Cons

    Sometimes, as an intern, it was very hard to get projects and you found yourself networking with other groups more than doing work.


  5. "Great Place to Work"

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

    I have been working at U.S. Bank full-time (More than a year)

    Pros

    Push you to succeed and grow in your career. The training levels are adequate.

    Cons

    There does not always seem to be a set up structure for new hires. One must push themselves to get involved and create their own path towards success.

    Advice to Management

    Continue to listen to employees but also pay attention to their work, how they interact in the team to keep an accurate pulse on the team and employees.


  6. "Direct Lending Loan processer"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Assistant Loan Processor in Minneapolis, MN
    Former Employee - Assistant Loan Processor in Minneapolis, MN
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at U.S. Bank full-time (Less than a year)

    Pros

    There is fixable starting time and save your lunch time

    Cons

    no communication with co-workers, It's not diversify staff

    Advice to Management

    Mix your employee and give equal opportunity for everything!


  7. "Socially Conscious Employer with Some Great Benefits"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - RCA Consultant II in Minneapolis, MN
    Current Employee - RCA Consultant II in Minneapolis, MN
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at U.S. Bank full-time (More than 8 years)

    Pros

    The company is very socially conscience with support for LGBTQ, military (former & current), flexible work location (dependent upon position,) pension and stock options

    Cons

    The healthcare benefits are quite lacking for both medical and dental. The premiums are on the higher end with lower end benefits.

    Advice to Management

    Raise the amount of contribution to either the HSA or to the monthly premiums for healthcare and dental.

  8. "Financial Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Minneapolis, MN
    Former Employee - Anonymous Employee in Minneapolis, MN
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at U.S. Bank full-time (More than 3 years)

    Pros

    Good people. Don't require long hours very often. Great benefits.

    Cons

    No room for growth, including little pay grade bumps. Middle and upper management only want to get promoted. Very top down setting. Inflexible and somewhat distrusting work environment.

    Advice to Management

    Let employees work when and how they want. Realize not every problem is a firedrill and good work will be done in due time.


  9. "Untrained, incompetent and selfish managers who don't care about their employees –"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Business Analyst in Minneapolis, MN
    Former Employee - Business Analyst in Minneapolis, MN
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    I worked at U.S. Bank full-time (More than 5 years)

    Pros

    Stable & profitable company
    Ethical company values
    Better wages & benefits than a small business
    Good work/life balance
    Comfortable work environment (building, desks, & equipment)
    Since company is so big, you could find a department that has good management and working conditions (have to look into it or know someone who knows the situation).

    Cons

    • #1 Untrained, incompetent and selfish managers who don't care about their employees – Managers are given no training
    • Managers only care about impressing their own department heads at the expense of their employees. They don't support or back their employees or help them advance.
    • Managers don't know how to unite their teams or give their employees the assistance they need to get their job done
    • Very little coaching and training for employees.
    • Poor healthcare with high deductibles
    • Income raises are small and don't keep up with inflation, always have excuses why raises are smaller. They only care about Shareholders.
    • Company talks about how they care about employees but each year they get worse and worse healthcare, take away more and more benefits, don't really do anything for employees besides talk
    • Employees loved CEO Richard Davis who was very charismatic and motivational, but he suddenly “left” the company.

    Advice to Management

    Value the people who work hard and get the job done. Take training to learn how to deal with employees and group dynamics. Appreciate your employees.


  10. Helpful (1)

    "Financial Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Analyst in Minneapolis, MN
    Former Employee - Financial Analyst in Minneapolis, MN
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at U.S. Bank full-time (More than 3 years)

    Pros

    Very honest, ethical culture, ability to rotate based on career interests and goals, great people, job security, relatively lower stress than other sectors.

    Cons

    Pay/benefits slightly below market average, some systems used are older than competitors use, promotion can take a long time.


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