1st Source reviews about "training"

78% positive business outlook

Reviews by job title

14 reviews
2.0
Sep 9, 2014

Good People, Needs Improvement on Everything Else

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Work-life balance is good, standard banking hours and major holidays off, so long as you're not at an extended hours branch/in-store branch. 401k match and health insurance provided at full-time. Many great people throughout the organization trying to advance it and really do care about their customers. Very efficient teller training program, when you complete it you feel knowledgeable about what you are doing. If you're in the South Bend area very well known which helps a lot in some situations. When it comes to come other areas, especially the Valpo region you'll find that you are constantly describing it as the bank with the orange sign. Do donate to a lot of organizations in the community though there isn't any initiatives for actual volunteer work.

Cons

Pay is sub-standard compared to typical banks. Tellers make more on average just about anywhere else. Upper management is completely out of touch with their employee base. There is no such think as confidentiality, I frequently was told professional/personal information about fellow co-workers, some of whom I had never even met and frankly it was not any of my business. Poor/negative leadership in certain areas, especially the Valpo region from the top down, which results in high turnover. A huge emphasis on sales that are based off of previous years and don't take into account changing markets/typical rise and fall of business (loans/accounts typically fall off in the colder months). Constantly feel forced to push products on people that are not in their best interests. Undecided target market and poor account options for students, but an application, which turns out to be less than reliable and doesn't have the basic functions of most banking apps. In general a lack of apathy towards any type of technological advance will frustrate you and your customers. The marketing department has somehow managed to supersede the position of the Consumer Banking VP and ends up making decisions that are in no one's best interests and communicated poorly throughout the bank.

2.0
May 18, 2015
Recommend
CEO approval
Business Outlook

Pros

1st Source had some pros. They provided great training to incoming CSRs which allowed them to excel in the workplace. They also hire from within, and you are able to apply to new positions after you are at your current position for 1 year.

Cons

They had expensive benefit packages, which made it nearly impossible to purchase. Required to work long hours. Very behind in technology.

4.0
Feb 13, 2017

Customer Service Representative I

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great company to work for. Lots of training before you work in the branches.

Cons

Was not a lot of room for advancement. Instore branches are open 7 days a week.

3.0
May 27, 2014
Recommend
CEO approval
Business Outlook

Pros

Pros: You have the option to opt in for a matched 401k, but you will only ever see the money if you work there a certain amount of time - I believe 5 years? They are a small but growing company and do a great job of making you feeling excited to work for the company & like the company cares about you.

Cons

Cons: Uninteresting, ridiculous amount of cattiness at work, almost impossible to achieve their incredibly high account opening referrals each month, practically zero compensation for a referral becoming an account - there are about .... 3? impossible to refer accounts that pay maybe 5$ if you manage to get someone to open one. The compensation is laughable for a college grad.... for all the crazy training they make you do & for how sloooowwww (sometimes) or "i'm going insane we are so busy" stressful times - you should practically just get a job at mcdonalds instead. Please don't ever think being a bank teller/personal banker/CSR... whatever fancy word they want to call it - is remotely glamorous, fun, or professional.

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