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      CoBank

      Engaged Employer

      CoBank reviews

      3.1

      54% would recommend to a friend

      (324 total reviews)
      avatar

      Thomas Halverson

      72% approve of CEO

      49% positive business outlook

      Ratings by category

      3.5

      Diversity & inclusion

      3.5

      Compensation and benefits

      3.4

      Work/Life balance

      3.1

      Culture & values

      3.1

      Career opportunities

      2.8

      Senior management

      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).

      Ratings by demographic groups

      Reviews by job title

      324 reviews
      3.0
      Mar 29, 2011

      Overall, an ok place to work

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      As a non-commercial bank with focus only on certain industries, it really is about relationship banking.

      Cons

      The salary is below market though the benefits are pretty good. Incentive structure is heavily weighted toward to the sales side which seems to lead to a lot of turnover in the parts of the bank that are not well compensated (operations, admin). While executive management talks a lot about that the associates are the bank's greatest assets, managements says just as much "if you don't like it, leave".

      2.0
      Sep 1, 2010

      job security in exchange for salary growth

      Senior credit officer
      Recommend
      CEO approval
      Business Outlook

      Pros

      Good work-life balance (most people leave the office by 5:00-5:30). Minimum 3 weeks vacation to start and increases each year. Good training budget, but employees must be proactive in choosing opportunities. Relatively small company size allows exposure to upper management. Job security. Good 401k match. Bank holidays.

      Cons

      CoBank's salaries are below market (when compared to other banks its size). CoBank's office is in the suburbs and not downtown (some see this as a pro) and is very basic (no gym/locker room). Merit salary increases for current employees are small at ~2-4% typically ). Salary does not increase measurably in conjunction with promotions, leading to many of the smartest people to lead the bank and some of the lesser motivated to hang around.

      5.0
      Dec 9, 2024

      Here for a year

      Accounting/finance
      Recommend
      CEO approval
      Business Outlook

      Pros

      Strong mission and dedication to that mission. Stable earnings, competitive pay, albeit lower than other banking institutions, but great benefits.

      Cons

      In leadership transition. A lot of old guard leadership at the top with a new Chief in IT that is just running wild. I don't believe other C-suites have the competency to provide any reasonable pushback to the IT changes. This has led to significant IT turnover, and we now spend more time analyzing/prioritizing then just fixing things. It might be for the better, but right now its for the worse.

      Viewing 100 - 102 of 324 Reviews
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      ReviewsCoBank 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.