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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
      2.0
      Jan 10, 2022

      Not with the times. Different work life balance between MN and Corporate offices.

      Manager
      Recommend
      CEO approval
      Business Outlook

      Pros

      Good benefits. Some flexibility. Casual dress.

      Cons

      Required in office more than any other area of the bank. Expectations of 50 hr work weeks, if not more. Understaffed. Management likes to keep staffing lean to make bottom line look good (is the feeling), which causes burn out and higher than normal turn over. Not family friendly. Hard to use vacation time. Performance ratings are not always done individually, but as a group and limited reward. Training is not developed and really has never been structured.

      avatar
      CoBank Response
      4y
      Thank you for your feedback. With the arrival of the pandemic in 2020 the bank has moved at a faster pace given some large bank projects, like offering Paycheck Protection Program for our customers. CoBank has also adjusted its working environment significantly to adjust to the remote work environment. Every role in the bank was evaluated for a hybrid status – over 95% of jobs now have hybrid flexibility to work from home. Additionally, the entire CoBank University curriculum was restructured to be offered virtually or online. As we return to the bank, we are offering a blended model of in classroom and virtual sessions, so that associates have a choice in how to attend their training. We are constantly continually evaluating the staffing needs for our teams. The bank has made changes to accommodate new work demands, are actively prioritizing work and is committed to continuing that business practice to make work life balance a priority for our team.
      4.0
      Jan 6, 2022

      Long term Ag Lender

      Senior relationship manager
      Recommend
      CEO approval
      Business Outlook

      Pros

      Work in Agriculture lending and make my own schedule

      Cons

      Company is going through a lot of transition

      avatar
      CoBank Response
      4y
      Thank you for your review and for your time at CoBank. Working at CoBank means that you have the opportunity to make a personal impact on the people and communities where we do business.
      2.0
      Jan 4, 2022

      The Hard Way Bank

      Credit analyst
      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.

      avatar
      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.
      Viewing 166 - 168 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.