Needham Bank reviews

3.7

67% would recommend to a friend

(10 total reviews)
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Joseph Campanelli

89% approve of CEO

63% positive business outlook

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10 reviews

Reviews about "Compensation"

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2.0
Jan 21, 2026
Recommend
CEO approval
Business Outlook

Pros

-Many employees genuinely care about doing good work and supporting the local community. -Competitive compensation and benefits compared with similarly sized regional banks. -Opportunities to drive improvements if you are self‑motivated and persistent.

Cons

-Culture does not match the messaging. There is a noticeable gap between the values promoted externally and the actual working environment. -Employees often experience inconsistent communication and shifting expectations, which undermines trust. -Decision‑making remains concentrated within a small, long‑established leadership circle. This creates the perception that key decisions are predetermined or influenced by legacy relationships rather than broad organizational input. -Limited openness to new voices. Employees with fresh ideas or different backgrounds can struggle to gain traction if their perspectives challenge longstanding norms. -Feedback is not always welcomed. Raising concerns or offering constructive criticism can feel risky, leading many employees to stay silent or disengage. -Organizational structures reinforce old patterns. Even as the bank grows, some parts of the operation feel heavily influenced by historical leadership styles, limiting innovation and slowing progress. -Current CIO and IT leadership are non-collaborative and bullies. They should be replaced.

4.0
Jun 5, 2025

Great company to work and benefits.

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great culture and benefits. 100% health insurance paid, fair pto and learning opportunities

Cons

Career growth is very slow and they don't focus just on your results and performance. if you are not there for X amount of years or know someone from the border, it is hard to get promoted. Not a great pay but a good entry level job which was not supposed to be entry level due all the responsibilities.

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Glassdoor has 44 Needham Bank reviews submitted anonymously by Needham Bank employees. Read employee reviews and ratings on Glassdoor to decide if Needham Bank is right for you.