Union Bank reviews

3.9

66% would recommend to a friend

(1,464 total reviews)
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Greg Seibly

82% approve of CEO

47% positive business outlook

Union Bank has an employee rating of 3.9 out of 5 stars, based on 1,464 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Union 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

1K reviews
3.0
Nov 5, 2015
Recommend
CEO approval
Business Outlook

Pros

The people you are fortunate enough to work with day to day and build collaborative relationships with... Unfortunately this is changing rapidly as I've noted in the Cons section below.

Cons

Antiquated technology systems, far too many major changes and constant restructuring within lines of businesses with numerous layoffs recently and the downsizing of benefits without consistent, clear direction and communication to where the company is actually going since merging with MUFG. Increased offshoring and relocation of operations from CA to AZ... Far too much verbose talk from Leadership about valuing people and work/life balance without actually walking the walk of supporting it. Additionally, Leadership does not fully appreciate the value and contributions of tenured talent.

1.0
Feb 12, 2018
Recommend
CEO approval
Business Outlook

Pros

I work here as a senior analyst. People stay here for decades with very little advancement. A lot of lifers in the company. Everything is insanely manual(I cannot stress this point enough), and tech improvements are only promises. A lot of micromanagement. Spent a lot of time explaining errors over penny differences. There is a report for everything and the useful ideas are overlooked. Only positive thing was the reasonable work schedule of 9-5:30 with a 1 hour lunch, hard to find that in finance now.

Cons

MUFG is not one company but two. Union Bank (retail bank) on the west coast of the USA and (Bank of Tokyo Commercial Bank) on the east coast merged to become MUFG a few years ago, One bank, two cultures. The powers that be in Japan decided that worst of all benefits should be established within the bank upon the merger. Paid time off, healthcare etc. should become the least desirable upon the merger. The powers that be also believed that management of the retail bank (west coast) should take over roles of the commercial bank (east coast). Not a smart move as many of the best employees have left. Technology is antiquated. Capable people are few. HR is a joke. It is best to stay away until the growing pains end (if they ever do)

2.0
Aug 14, 2017
Recommend
CEO approval
Business Outlook

Pros

Compensation is good, however it may be because they are short of competent people.

Cons

Management has gotten too top-heavy, dysfunctional and highly political since the merger with the east. It is no longer an appreciative and healthy environment that it was, some 10 years ago. Cost-cutting measures in the wrong places drove good people away. Poor work-life balance especially in IT.

Viewing 37 - 39 of 1,464 Reviews

Glassdoor has 1,591 Union Bank reviews submitted anonymously by Union Bank employees. Read employee reviews and ratings on Glassdoor to decide if Union Bank is right for you.