Needham Bank reviews

3.7

67% would recommend to a friend

(34 total reviews)
avatar

Joseph Campanelli

89% approve of CEO

63% positive business outlook

Needham Bank has an employee rating of 3.7 out of 5 stars, based on 34 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Needham 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

34 reviews
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.

2.0
Jul 13, 2021

low management

Recommend
CEO approval
Business Outlook

Pros

incredible benefit and insurance coverage

Cons

lack of management, no wills to enhance internal management methods.

3.0
Jun 21, 2019

Okay

Recommend
CEO approval
Business Outlook

Pros

Meet nice people and interact with good employees.

Cons

The business is slow and it’s a lot of sitting around

Viewing 7 - 9 of 34 Reviews

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.