If you love sales pressure, this is the place for you. - Branch Manager Dollar Bank Employee Review

1.0
21 Aug 2018
Recommend
CEO approval
Business outlook

Pros

Nothing anymore. Turning into a smaller Wells Fargo.

Cons

Focus shifted from providing great customer service to just hitting the sales goals. Not compensated well. Around $10,000 lower than other banks. Technology was just upgraded but is still in the early 2000's. Online banking is horrible. I am ashamed to show our technology to our customers. Not a lot of room for advancement. If you ask about transferring to another department, it is decided that you are not engaged and you are told to decide if you really want to work there anymore. Company is trying to convert its classification to a mutual holding company so they can acquire other banks and grow bigger. Employees were told to lie to customers to tell them it's necessary so fees stay low and deposit rates go up. It's all a sham. Salary is below average for the industry. Everyone is given 2.5% raises and expected to be happy. In reality, this is just a cost of living adjustment. Managers have bonus capability, but it's not realistic for all branches unless you want to do unethical things. I feel like I lost the last few years of my life. I would not recommend.

Explore other reviews about Dollar Bank

5.0
16 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Great people to work with

Cons

Parking is expensive to be in the office downtown

4.0
23 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Plenty of opportunity at dollar for growing your knowledge and experience. Leadership does care about their people and there is a a fair bit of access to executive management. Benefits are pretty good with insurance, gym reimbursement, 401k match and other things.

Cons

Performance incentives are sorely lacking here. If you are a high performer, you get the same performance incentive distributed into your 401k as someone who is average. Management also has a track record of adding responsibilities but not necessarily increasing compensation. The other main item is that the majority of employees have started and stayed at dollar. Coming in externally with difference experiences can be challenging.

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