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
Jul 14, 2013
Recommend
CEO approval
Business Outlook

Pros

no prior experience needed, training included in hiring, Easy to move up in company since there are always 4-5 manager vacancies at any given time due to low pay and poor work environment.

Cons

Due to extremely low pay and high sales goals keeping knowledgeable staff is very difficult. Staff has goals that continue to increase every 4 months without end, and employment is contingent upon continued performance. This causes entry level employees to be forced out the door around 8-12 months of employment due to ever increasing goals. Pay is easily half of what other banks pay for equal positions. No holidays (IBC is open sundays and almost every holiday, Including July 4th!), and any hour after 40 in a week is paid 1/2 normal pay. Management is constantly over-stressed to meet monthly new account goals but are woefully under-equipped to meet this challenge. Staff is always too new to assist since turnover to so high. Managers and Area managers all seem to care for their employees, but are not given the power to make the necessary changes that would make life tolerable for their employees. For managers in IBC its pretty much a lose-lose scenario, and i would not recommend the job to anyone i actually cared about.

1.0
May 19, 2013

Teller

Recommend
CEO approval
Business Outlook

Pros

None to what I experienced

Cons

Minimum wage, bad managers, favoritism, unhelpful human resources worker, have to open a certain number of accounts per month, HORRIBLE management, does not work with National Guard members schedule, force you to donate money and volunteer with all events and make the tellers do all the work at the events while everyone else is having a good time, manager lets certain tellers take breaks while the others are stressing out with the long lines.

3.0
Feb 17, 2013

Good experience, bad pay

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Looks good on resume, get a lot of experience, coworkers are easy to get along with. Also they offer profit sharing/ 401k and health insurance.

Cons

Majority of employees are grossly underpaid for the amount of work we do and the level of stress we deal with. Also the management is horrible, alot of office politics comes into play.

Viewing 202 - 204 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.