Union Bank reviews

3.9

66% would recommend to a friend

(304 total reviews)
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Greg Seibly

82% approve of CEO

47% positive business outlook

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304 reviews

Reviews about "Compensation"

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3.0
Mar 13, 2013
Recommend
CEO approval
Business Outlook

Pros

Competitive pay, easy for tenured employees to keep their job (unless branch closures prevent that)

Cons

Sr Management is floundering in this low rate environment. Rates and regulations have DRASTICALLY cut profits, Sr managements pursues non-sensical initiatives and abandons them part way, such as scrapping a multi-BILLION dollar systems update after realizing it was not compatible with any of our existing systems, (whoops?) Mid-management continues to turn up the pressure and stress, while handing down layoffs, announcing branch closures, and setting impossible "stretch" goals and non-stop "campaigns". Morale is at an all time low and doesn't seem to be changing any time soon.

1.0
Feb 15, 2013

Disappointing Acquisition Experience

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

I recieved an increase in pay and the benefits were fairly good.

Cons

They took over a small community bank with lots of talk and hype about being a great place to work. Top management and Federal regulators tried to convince employees that this was a perfect match when nothing could have been further from the truth. Management implied that they were going to take care of the employees and look at all the systems to see which were better. Their systems were surprisingly out dated, slow and cumbersome and yet the "better" systems were shut down and a majority of the employees lost their jobs or left. As a former employee of the "acquired" bank, I've never felt so disrespected or shown such a lack of trust by an employer, even after the finger printing and extensive background checks. The processes and procedures put in place reinforced their lack of trust and made it difficult to service the customers. Customers were practically running out the door when "service" started meaning getting products shoved down their throats whether they needed it or not. The arrogance and condescension shown by the "new" management was appalling. It's no wonder that you can drive by any branch and see empty lobbies.

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