Dollar Bank reviews

3.9

71% would recommend to a friend

(398 total reviews)
avatar

James J. McQuade

84% approve of CEO

65% positive business outlook

Dollar Bank has an employee rating of 3.9 out of 5 stars, based on 398 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Dollar Bank employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

398 reviews
2.0
Mar 18, 2022
Recommend
CEO approval
Business Outlook

Pros

Great coworkers and excellent training. It's an entry level career job to learn the basics of banking and finance.

Cons

Dollar Bank is not the place it used to be, which is proven by the high turnover rate and severely understaffed branches. The low pay is not worth the stress of working with no staff, dealing with back-office employees that treat branch employees very poorly, and an overwhelming workload. Branch administration is not offering the support to struggling teams when they are running a branch with 2 or 3 people. They tell you to "keep doing what you're doing" in order to get promoted. Dollar has become quite sales-driven and is losing the small family feel that it once had. The technology is outdated and needs improvement.

5.0
Mar 18, 2022
Recommend
CEO approval
Business Outlook

Pros

Upper management really cares about you and your team both personally and professionally. Ive had several professional jobs in this industry and this is the first place I can honestly say I can see myself retiring from. Everyone in upper management is always there to help you and your career grow at Dollar Bank. Kim is the best regional you can ever ask for, truely a blessing to work for her.

Cons

Nothing to complain about, its a great employer to work for.

2.0
Mar 12, 2022

Nothing but (negative) changes

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Currently, the only positive attribute at this Company are the Co-workers.

Cons

I have worked at Dollar Bank for nearly 20 years and am highly disappointed and discouraged with the direction it has taken. The environment has greatly changed. The Branch Administration has become unsupportive micro-managers, and taking away the work- life balance that Dollar once held the edge over competitors. There's no question that Dollar Bank does not pay nearly what the competitors do, but I have always thought of it as a trade off; less pay for less stress and better work-life balance. Sadly, this is no longer the case. Aggressively sales driven, taking away branch independence and limiting employees requests of PTO. There is a lack of staff in branches, causing them to constantly reallocate employees to other branches. If you refuse, or are unable to accommodate their requests, they will become passive aggressive with that/those employee(s), and even the branch as a whole. I hate to think of this, but after 19 years of my dedication, investment and loyalty to the Bank, I feel forced to look at other companies.

Viewing 154 - 156 of 398 Reviews

Glassdoor has 411 Dollar Bank reviews submitted anonymously by Dollar Bank employees. Read employee reviews and ratings on Glassdoor to decide if Dollar Bank is right for you.