CoBank reviews

3.1

54% would recommend to a friend

(324 total reviews)
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Thomas Halverson

72% approve of CEO

49% positive business outlook

CoBank has an employee rating of 3.1 out of 5 stars, based on 324 company reviews on Glassdoor which indicates that most employees have a good working experience there. The CoBank employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.6 stars).

Reviews by job title

324 reviews
2.0
Aug 8, 2023
Recommend
CEO approval
Business Outlook

Pros

Facilities are great as they are new.

Cons

Incompetent Management from the CEO down. All C-suite leadership is technologically inept and run the bank like the 80s. Just absolutely no vision whatsoever.

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
Dec 30, 2016
Recommend
CEO approval
Business Outlook

Pros

CoBank has lots to offer to employees and a bright future. If you are looking for a job in Denver, you will not do much better than CoBank. It is a steady employer with a great location in Denver. The bank does important work in service of rural America. Importantly, it is a well-resourced bank that gives its employees the tools and resources necessary to do their jobs. Folks are open to new ideas and there is an infrastructure in place to bring these ideas to fruition. The bank has good benefits including a payed volunteer day off and gives each employee $500 to donate to a charity of their choice - two of my favorites.

Cons

No place is going to be everything to everyone. My only complaint is that I wish the salaries were higher (who doesn't). While CoBank pays at market, the Denver market is totally out of touch with the reality of how expensive it is to live in Denver. CoBank is definitely an employer of choice, but it needs to start paying like one.

Viewing 61 - 63 of 324 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.