Excellent place to work - Underwriter WaFd Bank Employee Review

4.0
25 Aug 2015
Recommend
CEO approval
Business outlook

Pros

Strong company with good history of growth and earnings. Biggest strength is residential home lending. Provides good benefit package for employees. Conservative management style .

Cons

Conservative management style sometimes causes us to lag competition with products and services. While benefit package is good, salaries seem to lag the market especially for long term employees.

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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