IBC Bank reviews

3.2

62% would recommend to a friend

(761 total reviews)
avatar

Dennis E. Nixon

73% approve of CEO

65% positive business outlook

IBC Bank has an employee rating of 3.2 out of 5 stars, based on 761 company reviews on Glassdoor which indicates that most employees have a good working experience there. The IBC Bank employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.6 stars).

Reviews by job title

761 reviews
1.0
Dec 7, 2010

Run!

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

You might meet some well intentioned people.

Cons

The compensation is definitely the lowest around; Many of the management staff are unprofessional, incompetent, and in it for themselves; Lots of favoritism for friends, no matter how lazy, unethical, or worthless they are to the company; Most of the management tries to manipulate others to believe they either will not get a job elsewhere because of the market or that it is just as bad anywhere else (completely false); Senior management is a joke- All about Quantity, very little focus on quality; They are aware of inside unethical actions and still do nothing about it to attain their sales goals and report it to the CEO, CFO, etc.; There is so much room for advancement because there is an extrememly high turnover- once people find out how crazy it is, they do their best to get a job elsewhere, even if it means working as a cashier or bagger at the HEB in which IBC Bank rents from to have their in-store location. (HEB pays more.)

3.0
Oct 27, 2010
Recommend
CEO approval
Business Outlook

Pros

"We Do More" - Knowledgable and helpful Houston Training Team. (Hats off to them.) - Good place to gain experience if you want to start in the banking industry. - Family oriented employees/staff. - Good place to gain experience in building excellent customer relationship.

Cons

"We Do More" - Sales goals are uncapped, you meet your goal this month, you have to Do More next month. To the ASM's its all a game. what happened to "Quality versus Quantity"? The bank is losing money due to these unreasonable account openings. They are losing money from these account abusive people who overdraw their accounts and leave it till it closes. Employees are forced to open accounts for friends and relatives just to meet the extremely high monthly goals. - Employee compensation is unfair. Sales get their incentives, tellers are pushed to get accounts as much as sales associates but won't get incentives. -Customers notice the high turnover rate. We lose the customer's trust because of this. (why? employees Do more work, less pay) -Unsatisfactory Level of interoffice politics interms of promotions and transfers. Its not fair for the qualified and well deserving employees. First come, first served basis and favoritism are obvious.

Viewing 745 - 747 of 761 Reviews

Glassdoor has 778 IBC Bank reviews submitted anonymously by IBC Bank employees. Read employee reviews and ratings on Glassdoor to decide if IBC Bank is right for you.