Terrible, Run Fast - IT Analyst CoBank Employee Review

1.0
Sep 24, 2024
Recommend
CEO approval
Business Outlook

Pros

Standard health benefits, 401k matching, sick and vacation time.

Cons

IT is sinking ship with massive salary cuts, demotions and people quitting or getting let go that have worked at the bank for years. The CIO they hired last year has made a mess of everything. Morale is extremely low. They used to have an awesome bonus pack based on performance, then it went to 3 %, this year, then another 5% drop for next year along with massive salary cuts, demotions, layoffs and basically forcing people out with voluntary resignations. If you value your career, don't sign for a job here.

Explore other reviews about CoBank

5.0
Jan 28, 2026
Recommend
CEO approval
Business Outlook

Pros

Great culture and teams to work alongside

Cons

no cons at all here

3.0
May 26, 2026
Recommend
CEO approval
Business Outlook

Pros

Pay is about market range

Cons

Progression in hierarchy can take a while

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