4.0
Apr 1, 2009
Current employee
Salt Lake City, UT
Recommend
CEO approval
Business Outlook
Pros
The company invests in it's employees by offering good training opportunities. The benefit structure appears to be comparable if not better to competitors. Many senior management executives have a long track record with the bank. As a result the company stays true to its roots of conservative lending. This promotes stability in good and bad economic times.
Cons
While the company is known for being stable, employees are not able to participate in higher bonus pay when profits are high. Other institutions are better at rewarding profitable performance. While the Wachovia merger should benefit the company long-term, short-term it is a drain on current resources.