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Verity Credit Union

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Verity Credit Union Reviews

2.6

12% would recommend to a friend

(59 total reviews)

Tonita Webb

26% approve of CEO

15% positive business outlook

Verity Credit Union has an employee rating of 2.6 out of 5 stars, based on 59 company reviews on Glassdoor which indicates that most employees have an average working experience there. The Verity Credit Union employee rating is 30% below average for employers within the Finance industry (3.7 stars).

Reviews by job title

59 reviews
1.0
3 Aug 2023

Toxic

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Most members are wonderful Most of the employees are, at heart, nice people. The core values of the institution are sound

Cons

Not following the core values of the institution, which is extremely troubling. Toxic. Hostile work environment. One of the most toxic experiences of my life. Verbal abuse, exclusionary practices, bullying. When complaints are raised there are months of inaction, no discussion on how to address the toxic environment, and the bullying continues. Perpetual understaffing from turnover, primarily due to severe underpayment relative to the market, bullying psychologically unsafe environments, and a lack of opportunities for advancement, development or exploration for many employees. Rampant bullying, gaslighting, favoritism, manipulation, and discrimination. Ask a question and get a hostile non-response. Provide a suggestion and be criticized for having the gall to think you might be able to contribute. Extraordinary pay discrepancies and disparities. Many employees are not being given the opportunities to advance their careers, and when asked why they can't get promotions, the answer are non-answers, deflections and abuse.

1.0
14 June 2023

Dramatic, Toxic Shift

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Had I written this review any time prior to the arrival of the current CEO, I would have spoken about the overall supportive culture and incredible people, the genuine attempts to adhere to the idealism of mission and values, the opportunities for advancement and exploration of new career paths through internal hiring, scholarships, and so much more. Now, I have nothing more to say than "you'll get a paycheck and some benefits... but not nearly as much as you could elsewhere, and not nearly as much as the inexplicably growing executive team, which enjoys 6 figure salaries, unlimited vacation, and continues to promote and support a fearmongering, toxic culture under the guise of systemic change"

Cons

The biggest detriment to Verity over the past few years has been the arrival of the new CEO. The announcement of Tonita Webb's impending arrival was met with a lot of concern and heartbreak, but staff were told to give her a chance, which they largely did for the first year. Here are some highlights since then: - Rampant turnover. In addition to the loss of a vast majority of the most tenured staff/leaders, entire departments have either turned over entirely or been removed from the organization. Insinuations have been made that these were due to burnout or because they were "contributing to the pre-existing toxic culture of Verity." Nothing could be less true (as evident by all of the previous years survey results, awards, etc.) - apart from, perhaps, the burnout from dealing with the new culture created by the CEO. - Breakdown in communication. Despite the CEO claiming to have an open door policy, not only are questions no longer being answered by the executive team, but if questions ARE asked directly, people can expect a backlash. - Top heavy. Despite so much turnover, the organization continues to add more and more senior and executive leadership, but members, middle management, and front line staff have yet to see much if any payoffs from having all this additional "expertise." No improvements, no additional tools/products, resources or anything to justify the investment of so much of the members' resources. - Incompetence/Long Term Damage veiled as good DEI work. Like so many organizations, Verity has been attempting to improve their DEI efforts. This was necessary and a good thing for them to do - particularly as a financial institute! Unfortunately, the approach that the CEO has spearheaded can be summed up as the language police, obvious favoritism, and a culture that promotes retaliation, shame, manipulation, and the rejection of allies. Think peak McCarthyism. When the approach has been challenged, the CEO says that they are speaking for all of the historically silenced and under represented people. Many of those under represented people (members of the LGBTQIA+, Latin, Asian, Muslim, Jewish, Black, bi-racial, Neurodivergent, disabled, etc. - including myself - would disagree and ask you - again! - not to speak for us).

3.0
9 Apr 2023

Increasing Burnout and No Support Net

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

I have met wonderful people while working here. Before they all quit, had an incredible HR team. I do believe in the core values and mission of Verity, they represent what I care about.

Cons

Big names and long time employees are leaving in droves. I cannot speak to why for everyone, but the burnout is HIGH currently with lack of support in staffing up departments, not enough to sustain good work life balance. I do not want to quit but I have been looking at other jobs because I am hitting a wall every work day regarding stress and duties needing to be completed. We are keeping subpar vendors and systems due to contracts, but the cost seems to be higher in terms of the bad experience it is creating. I feel like directors are not in communication with the company as much anymore, feels like a major disconnect and no idea what is really going on.

Viewing 1 - 3 of 59 Reviews

Glassdoor has 60 Verity Credit Union reviews submitted anonymously by Verity Credit Union employees. Read employee reviews and ratings on Glassdoor to decide if Verity Credit Union is right for you.