Whitney Holding

  www.whitneybank.com
  www.whitneybank.com
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Whitney Holding Reviews

Updated 8 May 2014
Updated 8 May 2014
11 Reviews
3.1
11 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Whitney Holding President & CEO Carl J. Chaney
Carl J. Chaney
1 Rating

Employee Reviews

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  1.  

    Great starting job

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Team Leader I Bank Operations  in  Harahan, LA (US)
    Former Employee - Team Leader I Bank Operations in Harahan, LA (US)

    I worked at Whitney Holding full-time for more than a year

    Pros

    Willing to train
    Freedom to do additional projects
    Open door policy in the group I worked with

    Cons

    Compensation in the operations area is the hugest drawback but that's pretty normal across the industry.
    Not the easiest company to move into a new role.

    Advice to ManagementAdvice

    Give internal employees a spot on the manager trainee program. I understand you want to bring in recent grads but put some weight behind excellent employee's track records.

    Recommends
    Approves of CEO
  2.  

    It was a great experience.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Teller  in  New Orleans, LA (US)
    Former Employee - Teller in New Orleans, LA (US)

    I worked at Whitney Holding full-time for more than 3 years

    Pros

    Great financial institution with lots of opportunity for individuals to grow.

    Cons

    Gulf Coast Bank makes it hard to move and stay with organization.

    Recommends
    Positive Outlook
  3.  

    It was a wonderful friendly place to work.

    Former Employee - CD/IRA Manager  in  New Orleans, LA (US)
    Former Employee - CD/IRA Manager in New Orleans, LA (US)

    I worked at Whitney Holding full-time for more than 5 years

    Pros

    The best thing about working at Whitney was the great people who always worked as a team to accomplish our goals.

    Cons

    After a recent merger the entire culture and approach to how things were done changed, making it very difficult to get things accomplished.

    Advice to ManagementAdvice

    They need to find a way to get that teamwork spirit back and raise the morale of the staff.

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  5.  

    Great until Hancock Bank merged with them.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Property Manager  in  New Orleans, LA (US)
    Former Employee - Property Manager in New Orleans, LA (US)

    I worked at Whitney Holding full-time for more than 10 years

    Pros

    Didn't comply with government compliances and very racist. Refused to observe Martin Luther King Day.

    Cons

    They keep the Whitney name in Louisiana.

    Advice to ManagementAdvice

    Start putting procedures in place that comply with the size of bank you have become today.

    Doesn't Recommend
    Neutral Outlook
  6.  

    Was a good employer.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee  in  New Orleans, LA (US)
    Current Employee - Anonymous Employee in New Orleans, LA (US)

    I have been working at Whitney Holding

    Pros

    Competitive pay for banking.
    Opportunities for personal growth.

    Cons

    Sold out to Hancock Bank.

    Advice to ManagementAdvice

    Senior management was competent. The problem was with executive management. They foolishly moved into Florida markets via acquisitions despite ample warning from consultants.

  7.  

    Great Place, lack of advancement

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Teller  in  Houston, TX (US)
    Former Employee - Teller in Houston, TX (US)

    I worked at Whitney Holding

    Pros

    -Easy place to work
    -Retail side is not busy
    -Pay is "ok" giving the amount of work

    Cons

    -Pay still could be better, if they had better incentives
    -No real advancement, just shuffle employees

    Advice to ManagementAdvice

    Start giving realistic goals to Branch Manager, since we are not busy and it is hard to lure in new business.

  8.  

    Stone Age!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Personal Banker  in  Houston, TX (US)
    Former Employee - Personal Banker in Houston, TX (US)

    I worked at Whitney Holding

    Pros

    Bank holidays, no weekends, close at 4pm...
    Flexible work hours, great work life balance...
    Not like big bank sales atmosphere, more of a "relationship bank".

    Cons

    One of Top Personal Bankers in Company and still made less than $40k a year....
    They use typewriters nearly every day! Seriously! Little to no technology, even though it has been coming for years...
    No advancement potential. Horrible incentive pay. Health & Dental benefits are sub par outside of Louisiana

    Advice to ManagementAdvice

    Stop being a "good ol' boys club". You keep bad managers just because you "like" them? Upper management seems to be oblivious to real world needs of retail staff. There are little to no documented procedures...I had to learn how to get things done by word of mouth by people that found out the hard way.
    Spend money on technology FAST!! You must be nearly 20 years behind bigger banks! Can you even catch up when you are that far behind in this day in age?

    Doesn't Recommend
    No opinion of CEO
  9.  

    Nothing great about this employer

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Lafayette, LA (US)
    Current Employee - Anonymous Employee in Lafayette, LA (US)

    I have been working at Whitney Holding

    Pros

    The pay is good.
    Benfits meet expectations.

    Cons

    Discrimination
    Family works for high executives
    Small bank atmosphere try8ing to create a "big" bank mentality

    Advice to ManagementAdvice

    Executives from a bigger bank need to understand the dynamics of the roles in all job categories. This bank does not have the correct support needed to be effective with what they are attempting to change.

    Doesn't Recommend
  10.  

    No room for moving up

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Personal Banker  in  Mobile, AL (US)
    Current Employee - Personal Banker in Mobile, AL (US)

    I have been working at Whitney Holding

    Pros

    great insurance and great people

    Cons

    disorganized upper management who don't seem very honest
    little room to move up in the banking industry unless you want to manage a branch
    dissatisfaction throughout the bank

    Advice to ManagementAdvice

    don't hire someone and then promote them without a salary increase...i mean, come on

    Doesn't Recommend
    No opinion of CEO
  11.  

    A Little Old School...

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Whitney Holding

    Pros

    Whitney Bank is a respected name in the local community, with a long standing, solid reputation. It's a company that is synonymous with New Orleans. The culture is old fashioned, but positive. The people are fun-loving and loyal. The bank returns that loyalty for the most part...

    Cons

    While Whitney has a long history, they tend to not be a very progressive company. Change is very slow to develop. A younger professional may not find the culture to be appealing compared to competitors. It can be a formal, suit-wearing, blue-blood culture.

    Advice to ManagementAdvice

    I would say management needs to take a look at some of the more progressive companies out there (the ones that consistently land on those "best places to work" lists) and try to incorporate some of those features into the bank's culture. I understand Whitney has a certain image they like to project, but it may be time for a makeover on the inside...

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