Good place to begin banking career in Laredo and move on... highly underpaid. - Anonymous employee IBC Bank Employee Review

2.0
29 July 2011
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

The bonus program is nice but is used as a justification to provide lower than market base pay. If you want to learn the business and then move on this is a good place. The benefits and office space are nice.

Cons

The base pay is low, even for Laredo (South Texas), compared to market but the bonus program is decent (10%). Promotions tend to be based on who Senior Management likes rather than who deserves to be promoted. Turnover is off the charts

Explore other reviews about IBC Bank

5.0
20 Mar 2026
Recommend
CEO approval
Business outlook

Pros

IBC offers a fun, low stress environment. Management gets along well with frontline employees and always has celebrations for employees.

Cons

Could be low pay but it’s an entry level job and gives you the opportunity to move up.

1.0
22 Apr 2026
Recommend
CEO approval
Business outlook

Pros

You could make really good friends....

Cons

GARBAGE pay for such a high-responsibility position. You’re doing way more than a regular teller, but the compensation does not reflect the workload at all. They advertise “competitive pay,” but every other bank in my area starts on average $4–$5 higher. The only “extra” compensation is micro bonuses for CC referrals, account openings (SALES ONLY — $7 per MAX POINT account), and JDP surveys, ranging from $25–$35 per successful one—good luck consistently hitting those. Be ready for long lines, nonstop pressure, and constant feedback about metrics and performance. It’s a high-stress environment that does not match the pay level. Once you’re cross-trained, expect to be doing the work of both a teller and a sales role while receiving none of the benefits of the sales point system that is supposedly used to justify the structure. Use this job as a stepping stone into banking, but don’t treat it as a long-term option—it’s not worth the stress. Across the industry and even locally, compensation is noticeably higher for similar or even less demanding roles. There’s no real rush or clear structure for advancement, but at least with the periodic mass layoffs used to cut costs and reset staffing back to lower pay levels, there’s technically opportunity to move up during turnover… (you still might be the one getting let go anyway).

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