CoBank Credit Development Associate reviews

4.8

91% would recommend to a friend

(16 total reviews)
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Thomas Halverson

91% approve of CEO

99% positive business outlook

Credit Development Associate employees have rated CoBank with 4.8 out of 5 stars, based on 16 company reviews on Glassdoor. This indicates that most Credit Development Associate professionals have an excellent working experience there. CoBank is rated 33% above average by Credit Development Associate professionals compared to other employers within the Financial Services industry (3.6 stars).

Reviews by job title

16 reviews
2.0
Jan 4, 2022
Recommend
CEO approval
Business Outlook

Pros

They are a strong company that makes lots of money, so there is job security. However, they make all that money by screwing employees. They had a record year in 2020 and they did not even give merit increases and bonuses were behind previous years. The benefits are good, but could be better. I like working in agriculture and that is their focus.

Cons

If there is a harder more tedious way to do something, that is the Cobank way of doing it. They have this sick obsession with perfection even during a time when they are short staffed. They make you do things that are unnecessary just because the approver wants it that way and it has nothing to do with swaying anyone's decision to approve or deny the loan. There is no work life balance as you are always needed and can never get away unless you want to burden your colleagues with your work while you are out. This makes you the bad person which is tough. I say this as I am a great employee that cares and wants to get promoted. If you are a slacker and don't care, I suppose you'd be just fine. It is like my peers like to brag that they no longer accrue vacation time because they are at their max because they haven't taken vacation days. The pay is way behind their peers. Your opinion and previous experience means absolutely nothing to management. They are stuck in the "this is the way we have always done it" mentality. Lastly, if you are conservative or a Christain, you best stay quiet as that mindset is not welcome here.

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CoBank Response
4y
Thank you for your review. In 2020 and 2021, the board approved an end-of-year bonus for all associates. The bank will be giving merit increases in March 2022. The bank also recently conducted a market evaluation for all positions to ensure that we are market competitive for our total target compensation, which resulted in base salary adjustments for many positions. Along with this, approximately >90% of job roles are now hybrid, which gives associates the flexibility to work from home. If you would like to talk about your position, please email feedback@cobank.com.
5.0
Nov 27, 2021

Great Culture

Recommend
CEO approval
Business Outlook

Pros

Culture, competitive pay, great benefits.

Cons

Advancement opportunities can be limited.

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CoBank Response
4y
Thank you for your 10+ years of service at CoBank! We wish you all the best and appreciate all your hard work and dedication throughout the years.
4.0
Sep 27, 2021

Great company but pay could be better

Recommend
CEO approval
Business Outlook

Pros

Great work/life balance, good culture

Cons

Pay could be better Career advancement is slow due to old school mentality.

Viewing 7 - 9 of 16 Reviews

Glassdoor has 377 CoBank reviews submitted anonymously by CoBank employees. Read employee reviews and ratings on Glassdoor to decide if CoBank is right for you.