Prosperity Bank reviews

3.4

58% would recommend to a friend

(506 total reviews)

David Zalman

74% approve of CEO

53% positive business outlook

Prosperity Bank has an employee rating of 3.4 out of 5 stars, based on 506 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Prosperity 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

506 reviews
1.0
Oct 2, 2017
Recommend
CEO approval
Business Outlook

Pros

There are a lot of very nice people that work here. That's the only pro.

Cons

Prosperity Bank has grown by acquiring other small banks, however the bank is still run like a mom/pop bank. The tone at the top is terrible, unprofessional-ism is wide spread in every department, and the bank's technology is way behind the times. Employees are discriminated on based on unlawful practices. Resources supplied to do the jobs are thin, while the work loads are very large. Merit increases and incentives are usually based on friendships. Unless you really need a job, keep looking. The Audit Department is horrendous and holding the bank back. The three managers should be barred from practicing auditing for life, and probably managing human beings in general. Management provides no guidance, leadership skills, and does not show any general respect that should be shown to subordinates. Standards and best practices set down from any of the professional frameworks (AICPA, IAA, ISACA, etc) are not encouraged (one manager didn't even know of their existence). The one thing that management focuses heavily on is budgeted hours. Time is harped on to the nth degree and all auditors are interrogated thoroughly for any overages. It's safe to say that management has created a very uncomfortable environment inside and out of the department, which makes it very difficult to audit in this type of environment. Again unless you really need a job keep looking.

1.0
Mar 19, 2014

Try another bank

Recommend
CEO approval
Business Outlook

Pros

I really liked the people I worked with, they made the day go by faster.

Cons

Everything from pay to management. The management is very two-faced and promotions are given off of favoritism basis. I worked with Prosperity for almost three years and found myself training new employees with no banking experience with a starting off pay of $2-5+ more than I was making an hour. The yearly reviews given were degrading and all the hard work and compliments you put in and received meant nothing. For example, my review consisted of, "You are doing a great job and are very knowledgable of reports and procedures, there is not much more you can do except learn how to order checks" followed by a "I'm sorry I just cant give any raises, it's not in the budget". There is never going to be "money in the budget", this is a very stingy company who does not value its employees. It's all who you know at Prosperity Bank, you will not get anywhere in the company otherwise. Prosperity Bank... not just a bank, a living hell for its "real bankers" they do not appreciate!

1.0
Nov 24, 2022

Applicants beware

Recommend
CEO approval
Business Outlook

Pros

It’s a way to get a paycheck.

Cons

The career website says it all, “working at Prosperity is an investment in your future.” Working here is an investment in your future because upper management sure as heck doesn’t want to invest in you. Compensation is below market and turnover is absolutely absurd. Upper management knows this, but they don’t want to do anything about it. Want to participate in team building events or the annual holiday party? YOU have to pay for it either through a deferral from your paycheck or an upfront payment before the event. The CFO has to review and approve every expense even small ones such as travel reimbursements, which is ridiculous considering this is a larger regional sized bank. It takes 5 to 6 years to vest in the 401k. And they won’t pay you for your unused vacation if you resign before the end of the first quarter. All management cares about is keeping personnel expenses and overhead expenses low and raising dividend payments. PB could be such an awesome place to work, and it’s unfortunate that the 3 men running this place won’t get out of the way.

Viewing 4 - 6 of 506 Reviews

Glassdoor has 515 Prosperity Bank reviews submitted anonymously by Prosperity Bank employees. Read employee reviews and ratings on Glassdoor to decide if Prosperity Bank is right for you.