Wachovia Reviews in New York City, NY | Glassdoor

Wachovia New York City Reviews

27 reviews

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New York City, NY Area

3.1
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Approve of CEO
Wachovia Chairman and CEO John G. Stumpf
John G. Stumpf
8 Ratings

27 Employee Reviews

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Pros
  • Great benefits to employees including starting with 18 days of PTO (in 38 reviews)

  • This was a bank that was all about customer service, not just sales as you find so often (in 27 reviews)

Cons
More Pros and Cons

  1. "Teller"

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

    I worked at Wachovia full-time (More than 3 years)

    Pros

    Great customer service. The company treated their customers with respect. Great found friends.

    Cons

    Now that Wellsfargo took over a lot of things have changed

    Advice to Management

    I don't have any advice to give at the moment.


  2. "This business teaches the importance of customer satisfaction."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Bank Teller in Bronx, NY
    Former Employee - Bank Teller in Bronx, NY
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Wachovia full-time (More than 3 years)

    Pros

    There is room for growth once you've proven yourself. The training prior to starting allows a buffer before interacting with clients.

    Cons

    Relocation may be hard depending on the area. Salary is based on performance of the center and not on an individual basis.

  3. "Absolute politics at its worst... Internally, the company is so divided that it doesn't know which direction to go."

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

    I worked at Wachovia full-time (More than 3 years)

    Pros

    They knowledgable people but they are all too scared of getting their heads chopped off

    Cons

    They will throw you under the bus in a heartbeat.

    Advice to Management

    Stop looking out for yourselves


  4. "Best place I ever worked"

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

    I worked at Wachovia full-time (More than 5 years)

    Pros

    Always looking to promote and train. Senior staff knew you by your full name and actually remembered you. Friendly coworkers. Top business for Customer Service by far!!! Started out in the flagship in Rockefeller in New York. Miss you Wachovia!!!

    Cons

    No longer around, Wells Fargo now


  5. "Management needs lots of work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Bank Teller in New York, NY
    Former Employee - Bank Teller in New York, NY
    Doesn't Recommend
    Disapproves of CEO

    I worked at Wachovia full-time (More than a year)

    Pros

    Great environment, lots of young professionals, room for growth if you are interested.

    Cons

    Teller staff is never more than two people at the window sometime one person until 10 am. Lots of favoritism, unorganized management.

    Advice to Management

    Needs to be more organized, take interest in the staff, and stand up for your staff.


  6. "Personal Banker"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Personal Banker I in Toms River, NJ
    Former Employee - Personal Banker I in Toms River, NJ
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Wachovia full-time (More than a year)

    Pros

    it had a good work environment, and managers and a good work life balance good training and happy employes

    Cons

    But then it turned bad as soon as we were bought by wells fargo, it was all results all the time or you were punished and taken away from your family.

    Advice to Management

    go back to how Wachovia ran it.


  7. "not too satisfied with banking opportunities"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Analyst in New York, NY
    Former Employee - Analyst in New York, NY

    I worked at Wachovia full-time (More than a year)

    Pros

    good hours, training was significant for learning credit analysis skills and portfolio analysis. Flexible benefits and good team of co-workers made this an enjoyable place to work

    Cons

    no access to upper level management, most corporate development programs were based in North Carolina. Big bank type culture with no room for growth.

  8. "Tedious part time work for the benefits"

    StarStarStarStarStar
    • Career Opportunities
    Former Employee - Bank Teller in Dumont, NJ
    Former Employee - Bank Teller in Dumont, NJ

    I worked at Wachovia part-time (More than 5 years)

    Pros

    Received full benefits working only 20 hours a week. Proper training is provided to all new hires. Flexible with vacation requests.

    Cons

    Doesn't seem like there is room to grow within the company. After working 5 years and establishing myself as a valuable employee, management would still not give me the opportunity to advance after several job positions opened.


  9. "Wachovia before Wells Fargo merger"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Specialist in Hackensack, NJ
    Former Employee - Financial Specialist in Hackensack, NJ
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Wachovia full-time (More than 5 years)

    Pros

    Huge bank with many different departments and ability to transfer.
    Recognize success

    Cons

    Goals were SUPER STRETCH goals but we were expected to reach them every month.


  10. "The people are great to work with!"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Lead Teller in Syosset, NY
    Former Employee - Lead Teller in Syosset, NY
    No opinion of CEO

    Pros

    the type of people that you work with helps alot. the Teller line is PERFECT. the Platform on the other hand is....not so perfect

    Cons

    the customers are a different story. Management does not know whats going on! You will find yourself not being able to take a proper lunch because there is no help.

    Advice to Management

    learn your job! give recognition when it is due!


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