This is a company that does not value employees with experience. - Senior Sales Representative IBC Bank Employee Review

2.0
Sep 29, 2011
Recommend
CEO approval
Business Outlook

Pros

-Guaranteed 40 hrs of pay each week as a full-time employee. -Christmas bonus is disbursed each year. -Receive approx. 7% of annual income as profit sharing (vested after 6 years). -2 weeks paid vacation -Top Sales Achiever banquet gives opportunity for additional annual bonus.

Cons

-Received 1/2 time for all overtime worked. -The management does not value employees with experience. -HR does not make any attempts to gather accurate information about why employees have left. -The management tends to explain away turn-over as a result of poor management, but the bank is unwilling or unable to retain valuable management personnel when a better paying job offer has been made. -Many seemingly valuable employment benefits are offered that turn out to be useless. For instance, the bank offers tuition reimbursement, but you are only eligible if don't have any other financial assistance. -Nepotism is rampant and no attempt is made for transparency in these working relationships. -The recognition programs for performance have requirements that do not relate to employee performance.

Explore other reviews about IBC Bank

5.0
Mar 20, 2026
Recommend
CEO approval
Business Outlook

Pros

IBC offers a fun, low stress environment. Management gets along well with frontline employees and always has celebrations for employees.

Cons

Could be low pay but it’s an entry level job and gives you the opportunity to move up.

1.0
Apr 22, 2026
Recommend
CEO approval
Business Outlook

Pros

You could make really good friends....

Cons

GARBAGE pay for such a high-responsibility position. You’re doing way more than a regular teller, but the compensation does not reflect the workload at all. They advertise “competitive pay,” but every other bank in my area starts on average $4–$5 higher. The only “extra” compensation is micro bonuses for CC referrals, account openings (SALES ONLY — $7 per MAX POINT account), and JDP surveys, ranging from $25–$35 per successful one—good luck consistently hitting those. Be ready for long lines, nonstop pressure, and constant feedback about metrics and performance. It’s a high-stress environment that does not match the pay level. Once you’re cross-trained, expect to be doing the work of both a teller and a sales role while receiving none of the benefits of the sales point system that is supposedly used to justify the structure. Use this job as a stepping stone into banking, but don’t treat it as a long-term option—it’s not worth the stress. Across the industry and even locally, compensation is noticeably higher for similar or even less demanding roles. There’s no real rush or clear structure for advancement, but at least with the periodic mass layoffs used to cut costs and reset staffing back to lower pay levels, there’s technically opportunity to move up during turnover… (you still might be the one getting let go anyway).

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