Fired for discussing wages - Personal Banker II First Fed Employee Review

1.0
14 Sept 2022
Recommend
CEO approval
Business outlook

Pros

Some of the customers were really nice.

Cons

I do not recommend working at first fed. I was reading up in the company while I was working there and noticed that the executives of the company received huge stock bonuses. First fed is a small bank in a relatively small town, and paid most of its front line staff well under the standard pay rate during my employment there. When I questioned why execs got huge bonuses but most staff was underpaid, I was fired without notice. I was offered a 6k settlement to promise not to discuss the firing, but I refused. I do not recommend working for or banking at this company. Also working at the busiest branch led to multiple situations where police were called to remove customers who were causing disruptions or threatening violence.

Explore other reviews about First Fed

5.0
3 May 2023
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Great employees and management culture

Cons

None as far as I’ve seen

4.0
13 Apr 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

A strong focus on continuous improvement. Biweekly company meetings with the CEO. A small‑town feel where everyone knows one another. Friendly staff and a culture that allows employees to speak openly without fear of retaliation. My department feels like a family.

Cons

Management often asks for feedback but ultimately makes decisions without incorporating employee input. Frequent meetings about change without meaningful follow‑through. Repeated executive management turnover, with lessons from the past not fully applied. Slow updates to processes and procedures.

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