Indeed Profile Reviews

Track Waterstone Bank reviews on Indeed to uncover insights on employee sentiment

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Ticker Symbol Entity Name As Of Date Review Url Logo Company URL Company Author Title Author Location Author Country Summary Description PROs CONs Helpful Count Not Helpful Count Rating: Overall Rating: Work/Life Balance Rating: Culture & Values Rating: Career Opportunities Rating: Comp & Benefits Rating: Senior Management Date Added Date Updated Company Name Sector Industry
nasdaq:wsbf https://www.indeed.com/cmp/waterstone-bank/reviews Dec 21st, 2020 12:00AM Open Open WaterStone Bank Universal Banker Milwaukee, WI USA Good job culture, compensation leaves a bit to be desired. This is a great company to get your foot in the door and gain some banking experience, but there is not very much room for advancement within the company. The compensation is kind of lacking for the industry but they will tell you it's because of the ESOP. Like another reviewer said, you are only scheduled 37.5 hours per week under the guise of "work life balance" but you wish you could work 40 because the pay is lacking so it doesn't really matter anyway. My experience with the work culture is pretty positive. I've had good interactions with management. They seem to really care and want to correct issues. Overall I would say my experience at WaterStone was generally positive but I wouldn't really consider it a place to stay for very long if you want to move up and receive actual worthwhile raises and promotions for your efforts. Nice management, friendly environment, good place to learn Compensation below average 0.0 0.0 4.0 4.0 4.0 2.0 2.0 4.0 Jan 13th, 2021 12:55PM Mar 20th, 2021 01:03PM Waterstone Bank Financials Banks
nasdaq:wsbf https://www.indeed.com/cmp/waterstone-bank/reviews Oct 18th, 2020 12:00AM Open Open WaterStone Bank Universal Banker Waukesha, WI USA I will continue to NOT recommend this company. Terrible management who loved to micro manage. don’t work here if you want to be anything like yourself. not good pay. Benefits are ok at best. The only reason I lasted so long was because I liked my coworkers and I was having a hard time finding a job. Your managers do not want you to succeed, they just want you to show the company that THEY can succeed. Ridiculously long meetings with the people in the same position as you that mean nothing. Turnover rate is insane. People get fired or not considered for the jobs for STUPID reasons like an arm tattoo that can be covered. Products are not good so it’s hard to sell them. The entire company is very retro. The technology is not even close to being up to date (on consumer and employee side). Constantly working open-closes without a lunch break. No work/home life balance at all. Constantly promised growth but help back for stupid reasons. There is a lot of required “volunteering” that you don’t get paid for. Will always hire from outside the company and not within. Coworkers & CEO is a nice guy. Everything else. 0.0 0.0 1.0 1.0 2.0 2.0 2.0 1.0 Jan 13th, 2021 12:55PM Mar 19th, 2021 07:58PM Waterstone Bank Financials Banks
nasdaq:wsbf https://www.indeed.com/cmp/waterstone-bank/reviews Oct 17th, 2020 12:00AM Open Open WaterStone Bank Loan Processor Wauwatosa, WI USA Fun place to woek Good place to work but since covid it’s been difficult work life balance. Company doesn’t allow servicing department to work from home however all other departments can work from home Great people and knowledgeable employees Can’t work from home 0.0 0.0 3.0 2.0 5.0 5.0 3.0 5.0 Jan 13th, 2021 12:55PM Mar 19th, 2021 07:58PM Waterstone Bank Financials Banks
nasdaq:wsbf https://www.indeed.com/cmp/waterstone-bank/reviews Aug 25th, 2020 12:00AM Open Open WaterStone Bank Teller/Customer Service West Allis, WI USA Stay away from this local bank ● Work-life balance Dont work here. You have to pass a certification to get bonuses as a banker. The certifiers are not certified themselves and are not clear on the requirements. High bonuses given to executive management. Its a trash local bank with outdated internal systems. Complete joke. ● Pay & benefits The annual bonus? 50$ gift card. ● Overall Want to be a banker? Want to get more money for your work? You have to be certified. The certifiers are not certified and are not clear on testing. One of two banks that requires certifications for their bankers to be paid commissions. Its low grade local bank thats far outpaced by national banks. Wages are low. Employees not appreciated and underpaid. Stressful work. Where do the bonuses go? Corporate executives. Why else would they make making money hard for most of their workforce? Dont work here. 0.0 0.0 1.0 1.0 1.0 1.0 1.0 1.0 Jan 13th, 2021 12:55PM Mar 20th, 2021 03:55PM Waterstone Bank Financials Banks
nasdaq:wsbf https://www.indeed.com/cmp/waterstone-bank/reviews Aug 19th, 2020 12:00AM Open Open WaterStone Bank Banker Milwaukee, WI USA There's Better If you have banking experience, my suggestion would be keep looking. If you're new to it, or need a job....I mean, go for it. Don't expect much. They mean well, but aren't equipped to pull it off. Will cut corners to save face, at the expense of those who are not management. Their bread and butter to attract applicants is low cost of insurance and shorter work week. The insurance doesn't cover much and you'll end up wanting the extra hours due to low pay. "Insurance" Management, favoritism. Cloak and dagger, until it's just the dagger. 0.0 0.0 2.0 3.0 1.0 2.0 3.0 1.0 Jan 13th, 2021 12:55PM Mar 20th, 2021 03:56PM Waterstone Bank Financials Banks
nasdaq:wsbf https://www.indeed.com/cmp/waterstone-bank/reviews Feb 19th, 2020 12:00AM Open Open WaterStone Bank Lead Teller Supervisor Oconomowoc, WI USA It was okay Great place to work a lot of employees coming and going I liked working their until we got a new manager she really changed the whole environment and took the tight family atmosphere away 0.0 0.0 3.0 3.0 3.0 3.0 3.0 3.0 Jan 13th, 2021 12:55PM Mar 19th, 2021 08:16PM Waterstone Bank Financials Banks
nasdaq:wsbf https://www.indeed.com/cmp/waterstone-bank/reviews Jan 21st, 2020 12:00AM Open Open WaterStone Bank Teller Oak Creek, WI USA Waterstone bank Very good company awesome benefits. Small bank so close family almost. It was one of the best jobs I worked. This is honestly the only job I ever thought about going back to in my life. I miss my co- workers 😖 0.0 0.0 3.0 5.0 5.0 5.0 5.0 2.0 Jan 13th, 2021 12:55PM Mar 20th, 2021 01:18PM Waterstone Bank Financials Banks
nasdaq:wsbf https://www.indeed.com/cmp/waterstone-bank/reviews Oct 21st, 2019 12:00AM Open Open WaterStone Bank Bank Teller Wauwatosa, WI USA Ho-hum 9-5 If you're looking for a stable, 9-5 type job with not a lot of excitement, then this might be for you. Lots of busy work, with a steady increase in sales focus at the teller line. Their onboarding team in HR and training is very positive and welcoming. Office atmosphere and management style varies from branch to branch. Decent benefit package. They really stress that their hourly wage is fair when you factor in $50/month (one person) healthcare. (What it covers is another story) Sick days and vacation days are combined into one amount of PTO. They donate to various causes in the community and sponsor events that cater to their aging, white, middle to upper class customer base. (Polish Fest, military band concerts, etc) Not a bad thing, but they might want to diversify if they want to expand their customer base both the City of Milwaukee and a younger demographic. Moving on from this job to find something more fulfilling. 0.0 0.0 3.0 3.0 1.0 3.0 3.0 2.0 Jan 13th, 2021 12:55PM Mar 20th, 2021 01:26PM Waterstone Bank Financials Banks
nasdaq:wsbf https://www.indeed.com/cmp/waterstone-bank/reviews Jun 12th, 2019 12:00AM Open Open WaterStone Bank Banker Waukesha, WI USA Horrible Waterstone's management team doesn't know what they're doing and it shows. Basic banking skills are being lost to put all our focus on sales. No one is happy. 1.0 1.0 1.0 4.0 1.0 1.0 1.0 1.0 Jan 13th, 2021 12:55PM Mar 19th, 2021 08:53PM Waterstone Bank Financials Banks
nasdaq:wsbf https://www.indeed.com/cmp/waterstone-bank/reviews Jun 8th, 2019 12:00AM Open Open WaterStone Bank Teller Wauwatosa, WI USA Recommended Great benefit package. Flexible schedules. Room to advance in the branch level. Sales is a must. Growing bank with a lot of new management. Great team culture. 0.0 0.0 3.0 0.0 0.0 0.0 0.0 0.0 Jan 13th, 2021 12:55PM Mar 19th, 2021 08:54PM Waterstone Bank Financials Banks

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