Zions Bank reviews

4.1

82% would recommend to a friend

(527 total reviews)
avatar

Nate Callister

100% approve of CEO

59% positive business outlook

Zions Bank has an employee rating of 4.1 out of 5 stars, based on 527 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The Zions Bank employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.6 stars).

Reviews by job title

527 reviews
1.0
Sep 24, 2017
Recommend
CEO approval
Business Outlook

Pros

Zero. Run like hell in any other direction.

Cons

Without a doubt there is rampant discrimination, sexism and overt religious aggression in this workplace. This was true not only in my office but also in others I visited. For example, homosexual slurs were tolerated by management, and drinking coffee will earn you death stares from colleagues. While working with people from different backgrounds is something you have to accept anywhere you go, and it's important to be polite and tolerate others, it becomes impossible to succeed when the group in charge is completely heterogeneous and is 50+ years behind in social attitudes and worldview. For example, there are very few women and minorities (I met none) in executive positions and middle-management. Where I did see women, they are largely separated to menial, clerical work or HR positions and end up sitting apart from the men, who occupy more esteemed positions. There is a culture of bullying, submission and deference even in the most petty situations. I saw this from executives I met, all the way down to employees on the the lower rungs. Moreover, there is also a huge amount of pressure to put in face time, even when there is no work to be completed (which is common). This isn't Goldman Sachs or some "work hard play hard" atmosphere. Basically, there is a lot of sitting around, pushing papers and shooting the breeze on the phone with your buddies in another division instead of problem-solving. You're expected to attend silly get togethers (e.g. birthday parties, easter celebrations, etc.) to no end in lieu of completing actual work. Again, this is a fact of corporate life, but is especially bad here. Nevertheless, when your work isn't completed, expect management to be indignant about the shortcomings. Additionally, this institution struggles to fill positions with competent people who understand technical and detailed work that the individuals who work below them complete. I found several managers in a variety of different areas who attended for-profit institutions (Utah based non-accredited institutions like WGU, Eagle Gate College or University of Phoenix) or random massage schools who now supervise complicated structures for which they had no background or experience. If you don't believe me, just start looking through Linkedin profiles for Zions or Zions Bancorporation employees. In part this is due to rampant nepotism and "the old-boys club" which isn't unique to this organization, it's just especially bad here. I once overheard my boss speaking to his son saying, "I can't hire you now cause it would look like nepotism, but I can in a couple months." I suggest if you're a young person looking to learn and find opportunity with unique and diverse individuals who have passion, experience and intelligence, that you search elsewhere. This is because this decaying dinosaur of an institution is surviving off of its laurels that are hanging by a thread in a complex ever-changing world.

1.0
Dec 9, 2016

Zions Has Forgotten Who Keeps them in Business

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The company is heavily involved in supporting the local community.

Cons

Horrible benefits. Low pay. Management slashes any financial benefits to their employees in order to improve their bottom line. Recently cut Christmas bonuses because they "didn't have the appetite" for them, despite stock prices being on the rise. Limited advancement opportunities. Only care about numbers, not employees. Horrible morale around the office.

2.0
Dec 20, 2019
Recommend
CEO approval
Business Outlook

Pros

Friendly people, family oriented culture, easy to get along with team and people.

Cons

I am going to be as honest as possible: 1. Old and cheap bank . 2. Not alot of room for growth, pay is well below market. 3. Lots of processes and red tape on everything. 4. Getting deals done is a hassle. 5. No incentive to want to build a career here for young people . 6. Lack of innovation and afraid of change. 7. Healthcare is basically non-existent given the huge deductible 8. Sick time policy is weird and hard to comprehend to say the least. 9. 401k is macthed with Zions stock, honestly speaking with so many innovative companies distruption the Banking industry, I can see Zions not being around in the next 10-15 years. They will either get aquired or just fade away. 10. Not a lot of products offering except for lending (80% of revenue is tied to interest loans) - huge risk exposure. 11. Maximum salary raises are just 2% each year, well below inflation point, especially with increasing home prices, makes it difficult to start a family in SLC. (Zions Bank Only, I can't speak for its subsidiaries) Warning: If you are an ambitious individual with your mind set in growing your career, earnings potential and skill set, then look elsewhere. Zions Bank is outdated and living in the past. This place is only suited for individuals who just like to recieve a steady paycheck and go through the motions of every day work life.

Viewing 4 - 6 of 527 Reviews

Glassdoor has 556 Zions Bank reviews submitted anonymously by Zions Bank employees. Read employee reviews and ratings on Glassdoor to decide if Zions Bank is right for you.