Wachovia Reviews | Glassdoor

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Wachovia Reviews

Updated December 21, 2017
734 reviews

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3.5
StarStarStarStarStar
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Approve of CEO
Wachovia Chairman and CEO John G. Stumpf
John G. Stumpf
187 Ratings

734 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
  • none - focused direction great locations great customer service (in 22 reviews)

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

More Pros and Cons

  1. "Excellent Firm"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Great bank. Great place. Great history. Great people. Good. Solid historical reputation.

    Cons

    none - focused direction great locations great customer service.

    Advice to Management

    none. leadership team exhibited good leadership and strengths and great place to work.


  2. "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.

  3. "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.


  4. "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.


  5. "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


  6. "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


  7. "Great place too work"

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

    I worked at Wachovia full-time

    Pros

    Great benefits and days off

    Cons

    Company got bought out without warning

  8. "Good"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Home Mortgage Consultant in Greensboro, NC
    Current Employee - Home Mortgage Consultant in Greensboro, NC
    Recommends
    Negative Outlook

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

    Pros

    Great culture, benefits and technology are great.

    Cons

    Recent scandals have caused reputation to decline which makes it harder to sell.


  9. "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


  10. "Wealth management"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Wachovia full-time

    Pros

    Flexible schedules to meet client needs

    Cons

    Company mergers didn't care about employees


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