Trustone Financial reviews

3.8

68% would recommend to a friend

(97 total reviews)

Dale Turner

92% approve of CEO

56% positive business outlook

Trustone Financial has an employee rating of 3.8 out of 5 stars, based on 97 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Trustone Financial 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

97 reviews
2.0
Jun 23, 2016
Recommend
CEO approval
Business Outlook

Pros

I worked at TruStone FT for over 5 years and established some great relationships with my peers. The company was still small enough to know names of employees throughout the organization. Working in the corporate office allowed face time with getting to work alongside management and Senior Team. Incentive rewards program is good, only if you hit your sales quotas. A person in a front office role as a Personal Banker, Loan Officer has a higher chance of receiving incentives. There are no incentives for employees in back office support roles.

Cons

Unfortunately, Senior/ Executive Management team manages with an authoritative style with no value for subordinates. They openly admit this is a sales culture oriented organization with sales quotas. You are required to "sell" products to members regardless of member's need. The CEO, Tim, has on multiple occasions has been heard yelling and screaming at employees using vulgar language, as well as belittling the intelligence of employees. I witnessed a few of his tyrants in meetings. It is a shock that the Board of Directors allows this to happen, but the Board Chair has the same authoritative style. Sadly, there are union employees that are unwilling to go above and beyond in their role to contribute to overall organization goals, and streamline processes. Due to union practices in place, majority of union employees will only perform duties of what is required and listed in job description. This type of behavior is only reinforced when there are members of the Executive team unwilling to change and create an environment where employees feel secure in their job. Lastly, to be part of the management team, you need to "know" someone to get into the role or have worked their for over 15 years where you were placed into the role without the skills to truly lead and manage a team. There are people in middle management that are not equipped to be strategic managers and are best suited as a specialist.

1.0
Mar 7, 2019

Seriously

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The decorating of the branches

Cons

Trustone will go down. The equipment is cheap and poor, always having technical issues. The company has poor training practices. I learned more about the diet that the presenter was on, than the business. I was not able to train in on the equipment before being thrown into it, because it was not working at the corporate office. When I complained about being thrown right in on a teller drawer, I was told, that is how we all got trained. It is not healthy for employees to be afraid all of the time. What I feel the worst about is the members that I enrolled. I am sorry. You should find a new bank/credit union!

1.0
Apr 7, 2017

Demoralizing Environment

Recommend
CEO approval
Business Outlook

Pros

If you prefer to be an individual contributor, are motivated by incentives and money, are able to persuade and get into the "good ol' boys" club- this may be a company you can tolerate working for. Admittedly, the wages are comparable to other financials and banks- if you can sell products and services without regard for the well being of your members- you'll stand to make good commission. However, it's every person for themselves. It is a sales culture, if you can't perform it will impact your performance review.

Cons

The culture does not encourage support from the branch and back-office functions. The sales culture sets a clear division between departments. The SVP of Marketing is extremely difficult to work with with no regard for other employees feelings or willingness to collaborate and work cohesively with other managers or team members. Additionally, the male dominated Senior Team does not model the type of leadership worthy of following which leads to overall employee dissatisfaction. The company does not invest or encourage employee development resulting in poorly managed departments and managers who are unequipped to effectively lead a team.

Viewing 4 - 6 of 97 Reviews

Glassdoor has 100 Trustone Financial reviews submitted anonymously by Trustone Financial employees. Read employee reviews and ratings on Glassdoor to decide if Trustone Financial is right for you.