Wachovia Reviews | Glassdoor

Wachovia Reviews

Updated August 27, 2018
736 reviews

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3.6
StarStarStarStarStar
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Approve of CEO
Wachovia Chairman and CEO John G. Stumpf
John G. Stumpf
187 Ratings

736 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
  • "Work life balance, middle market clients, a-type bro personalities" (in 12 reviews)

  • "Upper management gave lots of pressure for branch to meet its goals" (in 21 reviews)

More Pros and Cons

  1. "Wachovia bank"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Disapproves of CEO

    I worked at Wachovia full-time

    Pros

    I loved it. too bad they are gone

    Cons

    They got bought out by wells fargo


  2. "Investment Banking Analyst"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

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

    Pros

    Good starting point for developing analytical skills, decent resume boost. Training program was good.

    Cons

    Work life balance, middle market clients, a-type bro personalities

  3. "Passing Through"

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

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

    Pros

    Job wasn't far from home. Knew what to expect each night. Made a couple friends.

    Cons

    Direct leadership unfriendly. Error policy very strict. Raises few, miniscule and far between.

    Advice to Management

    NA


  4. "Branch Manager"

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

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

    Pros

    The company provides ongoing training, good benefits, a good schedule, good support from upper management and a variety of career pathways to meet your individual interests.

    Cons

    The one con that come to mind is that with recent disclosures and news articles the community is beginning to question whether or not they can trust banks and banking employees.

    Advice to Management

    Continue to reach out to the community to express your intent to partner with them to provide the services and products that meet their specific needs. Create forums where community members can share their thoughts and concerns with financial center and management employees.


  5. "Good company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Lots of training and development

    Cons

    Bureaucracy can be difficult to navigate


  6. "Wachovia Mortgage"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Wachovia Securities Mortgage Specialist in Wilmington, NC
    Current Employee - Wachovia Securities Mortgage Specialist in Wilmington, NC
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Wachovia full-time (Less than a year)

    Pros

    The people were the best part.

    Cons

    The upper management was greedy and cut throat. Now they are out of business.


  7. "Financial Specialist"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Specialist in Raleigh, NC
    Former Employee - Financial Specialist in Raleigh, NC
    Doesn't Recommend
    Neutral Outlook

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

    Pros

    Corner Office; lots of branch traffic so goal attainment was not a challenge; benefits; Work independently (away from Manager); Able to build a community and work as a Team with branch employees.

    Cons

    pay too low; penalized for goal attainment--Goals DOUBLED after goals for the year were met; burnout waiting to happen

    Advice to Management

    Don't saddle your reps who are exceeding their goals with ridiculously high goals. You will burn them out and they will seek other employment.

  8. "Strong Company Values"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Customer Service Representative in Dorchester, SC
    Former Employee - Customer Service Representative in Dorchester, SC
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Wachovia (More than 5 years)

    Pros

    Wachovia Bank values hard working individuals.

    Cons

    High emphasis on cross selling customers.


  9. "Best Financial Institution"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends

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

    Pros

    Friendly co-workers
    Great working environment

    Cons

    Non this was one of the best places I ever worked

    Advice to Management

    Great management team


  10. "What a shame that they destroyed this great bank"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Wachovia full-time

    Pros

    Lots of opportunity to create your own way

    Cons

    pay is often pretty bad

    Advice to Management

    dont sell to First Union


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