Bank of America Reviews

Updated 22 Sep 2020

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3.8
77%
Recommend to a Friend
90%
Approve of CEO
Bank of America President & CEO Brian T. Moynihan
Brian T. Moynihan
9,580 Ratings
Pros
Cons
More Pros and Cons
  1. "Overly corporate"

    3.0
    Current Employee - Home Services Specialist II in Richmond, VA

    I have been working at Bank of America full-time

    Pros

    Great benefits Excellent judge of character for middle management

    Cons

    Lackluster salary Corporate management is too “ivory tower”

    Continue reading
  2. "Relationship manager at bank of america"

    4.0
    Current Employee - Relationship Manager 

    I have been working at Bank of America full-time

    Pros

    Easy to get a job at

    Cons

    Low salary and No career opportunity


  3. "Good starting job"

    3.0
    Former Employee - Bank Teller in Buffalo, NY

    I worked at Bank of America full-time

    Pros

    Great benefits, good co workers

    Cons

    Hard to get time off

  4. "Good Benefits; Average Pay; Poor Culture"

    2.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Loan Processing Coordinator in Jacksonville, FL
    Recommends
    Negative Outlook
    No Opinion of CEO

    I worked at Bank of America full-time for more than 3 years

    Pros

    Benefits Package is a plus!

    Cons

    No frills Culture is a disincentive.

    Continue reading
  5. "Consumer Banking"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Relationship Manager in San Francisco, CA
    Positive Outlook
    Approves of CEO

    I have been working at Bank of America full-time for more than a year

    Pros

    Good opportunities to move up Decent Pay Nice people

    Cons

    Still retail banking Work on weekends

  6. "Depends on the department"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 
    Recommends
    Neutral Outlook
    No Opinion of CEO

    I worked at Bank of America full-time

    Pros

    This was a good place to work for. The building was empty due to all the layoffs. The team was all over the US so got to work solo

    Cons

    The department you are in depends on how good it makes the job. I was in a department prior to my last where there was no work from home, a set schedule.

  7. "Taken care of"

    4.0
    Current Employee - Financial Advisor Development Program (FADP) 
    Recommends

    I have been working at Bank of America full-time for less than a year

    Pros

    Especially during this time of crisis and constantly shifting norms, the bank does an incredible job of making sure that its employees are well taken care of monetarily, physically, and mentally.

    Cons

    There is an incredible amount of structure. To the point where at times it can feel very restrictive.

  8. "Great place to work with smart people"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Investment Banking Associate in London, England
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bank of America full-time for more than 3 years

    Pros

    Possibility to work with talented and intelligent colleagues from top universities across Europe, high profile of transactions, great financial performance of the company overall

    Cons

    Tough culture of a classic American bank

  9. "FSA"

    5.0
    Current Employee - Field FSA 

    I have been working at Bank of America full-time

    Pros

    Great work environment. Flexible. Independence

    Cons

    Progressively adding responsibility to one's role.

  10. "Good name to have on your C.V"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Assistant Vice President in Hong Kong
    Recommends
    Approves of CEO

    I worked at Bank of America part-time for more than 5 years

    Pros

    Lots of areas to move around

    Cons

    In the I.T you're quite locked down which prevents a lot of learning.

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