Exchange Bank reviews

3.5

70% would recommend to a friend

(58 total reviews)

Troy Sanderson

58% approve of CEO

49% positive business outlook

Exchange Bank has an employee rating of 3.5 out of 5 stars, based on 58 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Exchange 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

58 reviews
1.0
May 13, 2013
Recommend
CEO approval
Business Outlook

Pros

None for lower management level personnel.

Cons

When upper management can never be accountable for bad decisions,(not even to minor stock holders) there is something ethically wrong with the leadership.

3.0
Jun 27, 2012

Nice to be part of a local bank, but...

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

No sales pressure, barely any goals at all actually. Tellers are only required to get TWO sales a month! Set weekly schedules, although there's opportunity to take an extra day if a branch needs someone short notice. Decent starting pay for a teller position. Mostly friendly atmosphere between employees, although they can be a lot more serious than the bigger banks. Just a whole different atmosphere

Cons

Technology is quite inadequate for employees, it eats of a lot of time trying to make it work correctly or making up for pressing a wrong button. Vacation time can be hard to schedule if you are a newer employee as most other employees have been there for a couple decades, so no way you're getting any seniority. Slight lack of motivation with bankers since sales goals are low....oh, and there's basically ZERO compensation/bonus plan. Also, they use a ton of paper since they are not up with technology and lots of simple banking tasks have to be completed manually with a pen.

Viewing 55 - 57 of 58 Reviews

Glassdoor has 59 Exchange Bank reviews submitted anonymously by Exchange Bank employees. Read employee reviews and ratings on Glassdoor to decide if Exchange Bank is right for you.