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

Reviews by job title

304 reviews

Reviews about "Compensation"

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1.0
Oct 11, 2018

Unhealthy Work Environment

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The pay is high and the benefits are amazing.

Cons

Talk about an unhealthy work environment... The people you work with are amazing people but the contribution to the culture the companies pretends to encourage through their hypocritical managenent is one of the most toxic ever. Their security operation center is managed by the most unqualified, synical, and inexperienced people I have ever met and worked with. There is absolutely no support for the teams from management but only a tunneled vision looking upwards to impress and self promote in the eyes of C level management. The people that are hired for management level positions are the epitome of rampant favoritism, ego, compulsive liars, and above all - lack of care for the team supporting their promotions and bonuses.

1.0
Sep 20, 2018

Stay away

Recommend
CEO approval
Business Outlook

Pros

Maybe you will have some nice coworkers

Cons

This bank is uncompetitive with any competition. They seem to think we are still in the mid 90’s since much of their software and processes remain antiquated and out of date. Constantly changing policies and creation of extra fire ringed hoops for employees to jump through just to service a customer. They blame it on regulators, but this is not the case as other banks do not have these same issues. Compensation plan for bankers is terrible and they just announced it is getting worse. Now they won’t compensate you except semi-annually which is completely out of sync with other banks. The idiot on the call stated “it’s an industry trend”. That’s total BS. The performance periods have been extended industry wide but most banks will pay on deals quarterly and several banks monthly. Find one of these companies to work for if you don’t want to wait until May of next year to be paid for something you did in September. Underwriting guidelines are subpar and a HELOC takes 60-70 days to close. By that time customers just ask to cancel the process because they can get it done in 15-20 days elsewhere. Even employees don’t use us for lending needs since anyone can find a more competitive bank that has the ambition to get it done quickly within a mile radius of the branch. Sales goals are terrible and focus on metrics that are not possible to meet given low branch traffic (credit cards) and subpar HELOC products. Deposits pay nothing except for a $400 incentive semi-annually if the branch goal is met. Lastly they attempted to do remodels beginning in 2017 but this is failing miserably. Some branches have received a remodel but it is always done on the cheap. Essentially they are making themselves into a crappier version of chase. Other branches are void of a remodel and they ran out of money so these remodels have to be delayed. If you work in one of these then you will be embarrassed to go to work each day as the branches look old and run down.

5.0
Sep 19, 2018

teller

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great management and team work. Great company

Cons

Hours / low pay not the best

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Union Bank Response
7y
Hi - thanks for taking the time to write a review! Please know that we strive to provide our colleagues with a competitive compensation package because we know our people are essential to building our strongest future.
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