1st Source reviews

3.6

75% would recommend to a friend

(180 total reviews)
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Chris Murphy III

76% approve of CEO

78% positive business outlook

1st Source has an employee rating of 3.6 out of 5 stars, based on 180 company reviews on Glassdoor which indicates that most employees have a good working experience there. The 1st Source employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

180 reviews
1.0
Sep 12, 2024
Recommend
CEO approval
Business Outlook

Pros

None, unless you consider paying out of your paycheck for parking at the building THEY chose to be in as a pro.

Cons

-Micromanagement is absurd. -You are set up to fail and receive no training except for a few minutes explaining things, and then you're supposed to know everything. -Managers yell at people and roll their eyes when people ask questions AFTER they tell people to ask questions. -Managers waltz around bragging about themselves all day and complaining about how hard their reports are to complete. -Managers are threatened by anyone with new ideas and hate anyone who tries to make improvements or suggestions. -Bullying, harassment and discrimination take place every day, and HR defends that behavior. -No one knows anything. Everyone is clueless about most things when you ask questions. -Files and computer systems are antiquated, require redundant data entry and are a complete mess. (Papers everywhere!) File room is so stuffed full that you cannot get your fingers in between the files. -You are given a ridiculous amount of work that you have no way of completing in your shift. -There is no transparency. -Bullying, harassment, hatefulness, conceit, corporate greed and egomania in managers are their true Core Values. -They are very disorganized. -Bosses only say negative things about employees. It is obvious that managers are encouraged to bully and threaten employees at 1st Source. That is the company culture. -If you dare complain about any of this, you will be ostracized, and HR will gaslight you and victim blame. (Again, the whole company is extremely crooked. including HR.) -Very old-fashioned and stagnant thinking. No desire to implement anything new that would help the business or the employees. -Always hear upper management talking about "cutting budget." Very cheap company that acts like they're doing employees a favor just by existing, when in actuality they pay peanuts for the amount of work employees do. -One boss is retiring, and her team of five is supposed to "take over her managerial duties" with no additional pay because 1st Source Bank is too cheap to hire a new manager. (Remember, cutting budget is of utmost importance!) -You have to work most federal holidays, even when the Reserve is closed. -Very low pay for what you do and the amount of stress. Supervisors throw employees under the bus and don't advocate for them. -You will never get a raise. -There is a reason they do not list the salary on their job postings. It's because the pay is trash! -DO NOT APPLY HERE. You will regret it. I tell everyone to avoid this place like the plague.

4.0
Sep 12, 2024

Great Local Bank

Recommend
CEO approval
Business Outlook

Pros

Upward Mobility Friendly workplace Training Provided

Cons

Pay is not very competitive at the retail level

Viewing 28 - 30 of 180 Reviews

Glassdoor has 187 1st Source reviews submitted anonymously by 1st Source employees. Read employee reviews and ratings on Glassdoor to decide if 1st Source is right for you.