Great place to work where all employees are treated with respect !!!! - Anonymous employee WaFd Bank Employee Review

5.0
7 Mar 2012
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Washington Federal is a great place to work. All employees are treated with respect. Low turnover is proven by the fact that many of the employees have been there a long time. The company does not believe in product pushing. Excellent products and services make it easy to sell the bank as a "small town bank that cares". I have a lot of pride working for Washington Federal. Great retirement plan and decent health benefits. Great hours with NO weekends/evenings. The sales bonus plan is great and all-inclusive meaning just about everyone benefits when the bank is profitable. Historically has been very profitable and rated one of the very best banks in the country. Not the typical political BS that comes with working for a big bank. Absolutely love working for Washington Federal!!!

Cons

Base salary is below market. Significantly below market, in fact. Good retirement and bonus plan make up for it somewhat. Many processes and procedures are very dated. Technology is seriously lacking, but improvements have been made in the last couple of years. Advancement opportunities appear limited.

Explore other reviews about WaFd Bank

5.0
18 Mar 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

The leadership at all levels is outstanding

Cons

No cons in the bank

2.0
28 May 2026
Recommend
CEO approval
Business outlook

Pros

Primarily remote work. Decent PTO after the 4th year.

Cons

Limited staffing and limiting overtime opportunities until the bitter end of potentially missing deadlines, which you are guilted into working. 2% "raise" every January and ZERO merit raises. Gutted profit sharing and profitability bonuses over time. Most recent bonus, which is tied to net profit after dividends, was given a result when the scale was never published. All previous bonuses had a floor-to-ceiling profit scale that showed the targets months in advance of the end of the bonus period.

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