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Nov 10, 2010 1:00 pm

I was surfing here and came up with just old information.  Does anyone currently work there?  Can you tell me your thoughts?  They have some exclusive relationships with Credit Unions.

Nice payout

Nice location

Nice book

Never saw myself in a bank, but who knows.

Nov 11, 2010 12:12 pm

Nobody?  Noone?  come on, how about a financial advisor at any credit union.

Nov 11, 2010 1:34 pm

I've worked at a few banks, here's some tips. These are the important questions...

Taking a position there, what would the total deposit base of the branches be? Should be a minimum of 80m-120m.

Who would you report to? Is it a good match between you and them? Boss in a position like that is very important.

What is the referral program like? This is crucial. If the staff is required or very likely to refer to you directly, that is a ton of wind at your back.

What is the payout deal? Some places are very skimpy. Look for 30% low end, 45% high end, staggered tier payout ratios.

What products are you required to sell, not allowed to sell, or brow beaten to sell? The less product/fee based pushy the better.

What is the history of the person or two in front of you? If both have been promoted, been very successful, then you probably will be too. If it's a revolving door of failures, it might be a death trap in waiting.

A question to ask yourself, is can you handle the bank environment mentality? They'll typically make you do a ton of things that are not in your best interests, waste of your time, and many bankers despise folks that make more money than them. Can you handle a culture like that?

I'm sure i"ve forgotten some important ones...

Feb 9, 2011 8:44 am

[quote=BigFirepower]

I've worked at a few banks, here's some tips. These are the important questions...

Taking a position there, what would the total deposit base of the branches be? Should be a minimum of 80m-120m.

Who would you report to? Is it a good match between you and them? Boss in a position like that is very important.

What is the referral program like? This is crucial. If the staff is required or very likely to refer to you directly, that is a ton of wind at your back.

What is the payout deal? Some places are very skimpy. Look for 30% low end, 45% high end, staggered tier payout ratios.

What products are you required to sell, not allowed to sell, or brow beaten to sell? The less product/fee based pushy the better.

What is the history of the person or two in front of you? If both have been promoted, been very successful, then you probably will be too. If it's a revolving door of failures, it might be a death trap in waiting.

A question to ask yourself, is can you handle the bank environment mentality? They'll typically make you do a ton of things that are not in your best interests, waste of your time, and many bankers despise folks that make more money than them. Can you handle a culture like that?

Got all that too.  Yeah the bank mgr would HATE for anyone to make more then them.  Culturally, I cannot believe the environment would be worst than the office I work in.  I been around and I can grow relationships.  The hours will probably suck as I work out of the office and home right now.

I'm sure i"ve forgotten some important ones...

[/quote]