Washington Mutual Reviews | Glassdoor

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Washington Mutual Reviews

Updated October 23, 2017
405 reviews

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405 Employee Reviews

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Pros
  • Stimulating environment, good pay, and great benefits (in 13 reviews)

  • Great people, great benefits, great job (in 13 reviews)

Cons
  • poor business practices that led to company being seized by the FDIC (in 9 reviews)

More Pros and Cons

  1. "Ops sup"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Good benefits, good pay, great training.

    Cons

    They would make you work without pay.

    Advice to Management

    None


  2. "Market Research"

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

    I worked at Washington Mutual full-time (More than 8 years)

    Pros

    Excellent leadership development program and transparent employee review practices.

    Cons

    No longer in business after being seized by the FDIC and sold for a song to JP Morgan Chase.

  3. "Door-to-Door: Not for Everyone"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Company has a well-deserved excellent reputation nationwide. Trainers are enthusiastic and know their product(s).

    Cons

    Door-to-door selling of supplemental health insurance is not for everyone. After-dark door-knocking in an unfamiliar neighborhood can be a concern for both men and women.

    Advice to Management

    Ensure potential agents are comfortable with straight commission and door-to-door selling before they are hired.


  4. "its cool"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Los Angeles, CA
    Former Employee - Anonymous Employee in Los Angeles, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Washington Mutual (More than a year)

    Pros

    it was fast past that made time go quickly.
    good pay
    staff was nice
    good incentivies

    Cons

    i didnt have any cons on this psrition everything was was nice and ran smoothly

    Advice to Management

    i dont have any advice to management, they seemed knowledgeable and very helpful, but they would give you space to figure things out


  5. "Underwriter"

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

    I worked at Washington Mutual (More than 5 years)

    Pros

    Challenging work. Growth opportunity. Team work.

    Cons

    Strict deadlines high pressure. De adding management.

    Advice to Management

    Look out for the future of your employees


  6. "Great company"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

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

    Pros

    Provided training for future advancement

    Cons

    Sold out to Chase so jobs went away


  7. "WaMu"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    good company to work for

    Cons

    was seized by the FDIC

  8. "Closed"

    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

    I worked at Washington Mutual full-time

    Pros

    It was a nice place to work while it lasted. Laid back for a bank. A victim of the financial crisis.

    Cons

    It's closed now, shut down by the FDIC and then acquired by Chase. I was laid off with everyone else, so I'm not sure how Chase managed the transition.

    Advice to Management

    Work hard, get your retirement back! I know most of you lost it all, particularly those who believed in the company and took stock rather than bonuses.


  9. "Small and good"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Loan Officer in Stafford, TX
    Former Employee - Senior Loan Officer in Stafford, TX
    Neutral Outlook
    No opinion of CEO

    I worked at Washington Mutual full-time (Less than a year)

    Pros

    Lots of flexibility with room to grow in responsibility

    Cons

    Not very competitive on the pay scale

    Advice to Management

    Pay your people!


  10. "Great place"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Washington Mutual full-time

    Pros

    Lots of improvements were in flight, getting better.

    Cons

    Profited, helped build the bubble, and burst.


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