Union Bank N.A. Reviews in Los Angeles, CA | Glassdoor

Union Bank N.A. Los Angeles Reviews

Updated July 7, 2017
187 reviews

Filter

Filter

Los Angeles, CA Area

2.9
StarStarStarStarStar
Rating TrendsRating Trends
Recommend to a friend
Approve of CEO
Union Bank N.A. President & CEO Masashi Oka
Masashi Oka
82 Ratings

187 Employee Reviews

Sort: PopularRatingDate

Pros
  • But they do have very good benefits and work/life balance (in 53 reviews)

  • Good company with good benefits 3 1/2 weeks of vacation (in 56 reviews)

Cons
  • Senior Management has no respect for front line employees (in 32 reviews)

  • Upper management needs to invest more in these areas instead of cutting costs all the time (in 29 reviews)

More Pros and Cons

  1. Helpful (3)

    "Managing Director"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Los Angeles, CA
    Current Employee - Anonymous Employee in Los Angeles, CA
    Doesn't Recommend
    Negative Outlook

    I have been working at Union Bank N.A. full-time (More than 8 years)

    Pros

    Friendly co-workers with long history of loyalty and pride

    Cons

    Lack of accountability for performance; not a pay-for-performance environment

    Advice to Management

    Develop succession plans, leverage your existing talent better


  2. Helpful (4)

    "Poor Management"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Treasury Analyst in Los Angeles, CA
    Current Employee - Senior Treasury Analyst in Los Angeles, CA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at Union Bank N.A. full-time (Less than a year)

    Pros

    A lot of growth potential and opportunity for improvement at a bank with excess balance sheet capacity, low returns, poor efficiency and stagnant income growth.

    Cons

    Alarming number of low-level management positions (including director level) are populated by long-term low-achieving employees, many with 10+ years at the bank who have been promoted based on loyalty instead of merit. The low-quality business analysis and management reporting produced at this level is inadequate for senior management to make effective strategic balance sheet and growth decisions, thus causing stagnation and inefficient use of assets.

    Advice to Management

    Clean out the deadweight and create a performance-based culture.

  3. Helpful (4)

    "You have to be in the in-crowd to get promoted"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Information Security Engineer in Monterey Park, CA
    Current Employee - Information Security Engineer in Monterey Park, CA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at Union Bank N.A. full-time (More than 10 years)

    Pros

    No pros except distance from home to work is not far at all. Only reason for staying.

    Cons

    You have to be in the in-crowd to get promoted. Doesn't matter if you have done senior level work for years, even new employees barely worked with company for one year get's promoted doing same level of work or less. With new CISO in place, newly implemented rule is you have to work at level of position you want to promote to first before you are considered for the promotion. Anything you did in the past that have proven you were more than qualified doesn't count going forward. if you are in the in-crowd, such as going on annual trips to Vegas as a group etc you will get promoted. If you don't hang out outside of work, don't count on promotions.

    Advice to Management

    Be fair to your employees who's been loyal and put their time in. Remember your peers who's been their at the same level with you and support them. Don't forget where you came from because you got promoted. Think about who does the work to make you look good. Employees with history and experience doing the same work should count for promotions.


  4. "Low sales pressure"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Relationship Banker in Santa Ana, CA
    Current Employee - Senior Relationship Banker in Santa Ana, CA
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Good company with good benefits 3 1/2 weeks of vacation. Sales goals are reasonable and achievable. They look to promote internally.

    Cons

    Earning a commission or quarterly bonus can be difficult because certain products are weighed way heavier than others. Similar bureaucratic tendencies of the "big" banks


  5. "MUFG Union Bank"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Quality Analyst in Monterey Park, CA
    Former Employee - Quality Analyst in Monterey Park, CA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Union Bank N.A. full-time (More than 8 years)

    Pros

    The company offers good benefits and excellent working conditions.

    Cons

    The company continues to outsource jobs and layoffs have made employees feel more stressed and uneasy about their future with the company.


  6. "Branch Service Specialist"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Branch Service Specialist in Los Angeles, CA
    Current Employee - Branch Service Specialist in Los Angeles, CA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at Union Bank N.A. part-time (More than 3 years)

    Pros

    Great benifits! 401K match, Medical, dential, vision

    Cons

    Company is changing to reduce costs which is targeting labor reductions. No opportunity for growth, no stability. Very political environment with sales as the main focus. Sale! Sale! To everone, everthing. Heading in the wrong direction.

    Advice to Management

    Promote from within, believe in the employees you hired. Create a culture we can be proud of with leaders who work hard.


  7. Helpful (1)

    "Good experience."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Customer Service Associate in Los Angeles, CA
    Former Employee - Customer Service Associate in Los Angeles, CA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Union Bank N.A. full-time (More than 10 years)

    Pros

    Good people to work with. Some good managers. Knowledgeable people. Will work with you when you are in school. Will train you. Good company. Had Good pay.

    Cons

    Outsourcing. Had great benefits. No more retirement for new employees. Moving jobs out of state and out of country. Many good people with out a job.

    Advice to Management

    Keep quality work. When outsourcing you get what you pay for.

  8. "Data Management Specialist"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Data Management Specialist in Brea, CA
    Current Employee - Data Management Specialist in Brea, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Union Bank N.A. full-time (More than 8 years)

    Pros

    Great job opportunities and helpful management.

    Cons

    Growth and career options minimal or not explicit.


  9. Helpful (9)

    "AVP Commercial Bank"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Assistant Vice President in Los Angeles, CA
    Former Employee - Assistant Vice President in Los Angeles, CA
    Doesn't Recommend
    Disapproves of CEO

    I worked at Union Bank N.A. full-time (More than 8 years)

    Pros

    From 2004 - 2011 this was the best company I had ever worked for. It was as happy, professional and fair a place as you could of hoped for. Like listening to Audrey Hepburn sing "Moon River" - peaceful and joyful. The best firm I had worked at since college - by far. Then... the music... stopped. Enter the soundtrack for Titanic.

    Cons

    Once MUFG took the company private in 2011 things went south - fast. They gutted management to the bone - and then began to saw away... Firing great people and leaving the B-team to continue the show. They killed a great, great thing. A wonderful company is now a soulless ship heading - nowhere.

    Advice to Management

    Firing all of the middle-market managers in the commercial bank and having the corporate-managers do both jobs wasn't twice as smart, it was ten times foolish. Also the whole friendly bank culture that existed was crushed in one year.


  10. Helpful (11)

    "VP"

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

    I worked at Union Bank N.A. full-time (Less than a year)

    Pros

    Other than a paycheck and heath insurance there is no benefit in this corrupt culture

    Cons

    Regulatory requirements were not honored, corrupt club culture, bullying were all the norm

    Advice to Management

    Clean up your act, BTM needs to hold the former SunTrust bad actors accountable - not just give them severance packages or they will regroup elsewhere causing the same devastation


Showing 187 of 724 reviews
Reset Filters