Washington Mutual Reviews in Seattle, WA | Glassdoor

Washington Mutual Seattle Reviews

166 reviews

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166 Employee Reviews

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Pros
  • It had great benefits and recognition program that made the employees feel valued (in 17 reviews)

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

Cons
  • Competitive, subprime lending downfall for the company (in 10 reviews)

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

More Pros and Cons

  1. "Job was satisfying."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President in Seattle, WA
    Former Employee - Vice President in Seattle, WA
    No opinion of CEO

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

    Pros

    Provided autonomy to get things done. Collegial environment.

    Cons

    Executive management unwilling to make prudent decisions to save the organization.


  2. "Short, mostly sweet."

    Star Star Star Star Star
    Former Employee - Anonymous Employee in Seattle, WA
    Former Employee - Anonymous Employee in Seattle, WA

    I worked at Washington Mutual full-time

    Pros

    Local, professional, upward career opportunities.

    Cons

    Working at HQ (big). Oh, and it failed.


  3. "Wrong Place at the Wrong Time"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Risk Manager in Seattle, WA
    Former Employee - Risk Manager in Seattle, WA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Team was great; still maintaining meaningful relationships years after the Chase takeover. Bonds were made during many long hours of shared project work. Compensation was good.

    Cons

    Very demanding schedule. Felt like much of the time we were racing against time. Thought we had made it through when things got pulled out from underneath us.

    Advice to Management

    Don't grow too fast and compromise values that made you beloved by your customers. Thanks for pushing me, though, to realize what I could do.


  4. "Great learning experience"

    Star Star Star Star Star
    Former Employee - Senior Analyst in Seattle, WA
    Former Employee - Senior Analyst in Seattle, WA

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

    Pros

    The people were great. The division was small so everyone had to wear many hats. Our division was acquired by a much larger finance group and our people were so much more efficient.

    Cons

    There existed some good ole boy network mentality. The old guard did not respect the abilities of the new people.

    Advice to Management

    Consider not selling out.


  5. "Great company"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Funder in Bellevue, WA
    Current Employee - Funder in Bellevue, WA
    Recommends
    Negative Outlook
    Disapproves of CEO

    I have been working at Washington Mutual full-time (More than 3 years)

    Pros

    Excellent colleagues. We had a great time working together. The company was mostly respectful of employees during a very difficult time. Everyone always pulled together to make things work. Great culture of support, fun, and of course hard work.

    Cons

    Sad to see it end the way it did. I would have loved to have stayed on had it been possible. Working at Chase is just not the same. Much more corporate and less friendly. For that, I had to go.


  6. "Loved the Culture"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Executive Assistant in Seattle, WA
    Former Employee - Executive Assistant in Seattle, WA

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

    Pros

    Washington Mutual is one of the best companies I've ever wroked for. The people were extremely nice and it was a fun place to work. I sure do miss the cafeteria!

    Cons

    One of the cons in working for the bank is the commute. I had a long commute into work.


  7. "Excellent work environment!"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Business Data Analyst in Seattle, WA
    Former Employee - Senior Business Data Analyst in Seattle, WA
    Disapproves of CEO

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

    Pros

    The company offered a variety of advancement opportunities.

    Cons

    No cons come to mind.


  8. "Great place to learn and develop"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Accountant in Seattle, WA
    Former Employee - Accountant in Seattle, WA
    Recommends
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Good bonuses
    Good compensation
    Sense of community

    Cons

    The mortgage meltdown closed the company

    Advice to Management

    You should have taken more care with mortgages. Chase is not the same as wamu.


  9. "Trader"

    Star Star Star Star Star
    Former Employee - Trader in Seattle, WA
    Former Employee - Trader in Seattle, WA
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

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

    Pros

    Highly motivated people, a lot of fun, and big salaries and great benefits. Flexibility to work at home. Nice cafe inside. Work hard and play hard environment.

    Cons

    After becoming acquired by JP Morgan everybody pretty much lost their jobs which is a huge bummer!

    Advice to Management

    Retain employees who can contribute to the greater organiztion


  10. "Washington Mutual was a great company to work for"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Manager - Finance in Seattle, WA
    Former Employee - Senior Manager - Finance in Seattle, WA
    Recommends
    Negative Outlook
    No opinion of CEO

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

    Pros

    Washington Mutual was a great place to work at. There was a great worklife balance most of the time, centrally located in Seattle, executive management who cared about the community and community funcations.

    Cons

    Lack of communication with employees

    Advice to Management

    Communicate with your employees before the press


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