The only reason I can make sense of this is that the entire C-Suite is cashing in while the stock continues the sink and they’ll all ride off into the sunset as multi-millionaires after they’ve destroyed U.S. Bancorp.
St Louis
The STL retail team’s performance is the pits. Constantly underperforming and their leadership’s response is a predictable “We’ll try harder next time!”. They’re a broken record, same excuse different day.. Clean house and start over with new... — read more
Retail Banking Visits
I went into a few retail branches and couldn't help but notice how defeated the employees looked. Then I spoke to a few and realized how bad US Bank is treating the branch employees. Branch Managers hidden from customers or not their at all... — read more
Union Bank Employees Defined Roles
Any HR employees out there who can provide insight on how much longer it's going to take to determine non-branch Union Bank employees permanent roles, titles, job responsibilities, etc...? Or are we going to just remain in limbo for months on end?
Who can feel safe here?
It's been a long time since I've been able to feel relaxed and focused on my work here, because I've seen great employees lose their jobs easily. However, judging by the behavior of some of my colleagues, there are also many who feel safe... — read more
Too white
Line of business managers are all white men followed by white women. Diversity and inclusion doesn’t apply. What wrong with this picture….hiring their own kind because that is what they are comfortable with? Please wake up it is 2023 .
Employees defeated
I went into a few retail branches and couldn't help but notice how defeated the employees looked. Then I spoke to a few and realized how bad US Bank is treating the branch employees. Branch Managers hidden from customers or not their at all... — read more
Layoffs Continue
Our technology team had 2 layoffs this summer and another planned for August. Small in size but they continue as part of the TOS reorg.
Union Bank Titles not honored with US Bank transition
Another notch on the belt for the mistreatment of Union Bank employees. Thank you US Bank!
10 year USB employee quits with skating group email
On Friday a decorated 10-year employee of corporate payment systems sent an email to all 4,000 + CPS employees calling out the unethical and demoralizing activities of CPS leadership. This employee says in his email he has been with the bank for 10... — read more
Vault tellers
Vault teller positions being eliminated. End of September due to Union Bank acquisition. No details about what it looks like yet.
US Bank mortgage
The whole mortgage group is a disaster
US Bank where employees don't matter...
Morale is at an all time low. Company leadership is travelling around telling about there vacations and PR bougie events. While the branches are suffering. Employees have no clear direction. Who's leading this place? Work life balance doesn't exist... — read more
Retained Union Bank Employees
I'm a Union Bank employee that has been told I'm being retained, and have been assigned a US Bank manager. However, it looks like it will be a few more months at least before we're told our official job titles, pay grade, permanent work structure... — read more
Severance Packages
Can someone tell me what the Union Bank severance package is? Some are saying it's better than USB and I'd like to know since it's happening to me after being an employee for than 25 years! Thanks
Contractors
Anyone in pso concerned about all the contractors being hired?
Union Bank Titles
Do Union Bank employee really not know their new titles yet? What kind of circus are they running?
What’s going on in Ops services?
Boys club promotions. Malvey has lost control in PDX. Staff are miserable throughout the organization both in federal banking space and loan space in Portland. Women are degraded regularly and internal talent passed on for other who are associates... — read more
Branch Managers /Retail Banking support where are you?
It's seems that most Branch Managers are busy spending time outside (recreational meetings) or coaching and not helping clients while CRC (sweatshop employees) are overwhelmed and overworked. Where is the support? Is US Bank ploy to not help with... — read more
Hiring new employees at higher pay grade than existing
Does US Bank usually higher new employees with no experience at a higher rate than current workers? New employees come in a grade higher than existing employees doing the same job, but probably less as they do not know anything and need to be... — read more
Sekou Fan boys what has done?
Seen a few Sekou fansboys talking about how he will make changes for the better. He has been here since 2022. What has he done or put in motion for any change?
When Will The TOS Re-Org Be Done
This re-org is dragging out like everything else. It's obvious there are about three levels of managers too many. Just be done with it already.
Employee Monitoring
Did anyone read the email from last week about USB implementing the new workforce analytics? They are pushing that it increases work-life balance, but it's monitoring productivity. Seems like it'll just make it easier to justify getting rid of... — read more
Got laid off
Was a Union Bank Employee mapped to the U.S. Bank, in IT. Was told recently of my end date. Package details to be discussed in coming weeks.
Hiring Process
I work as an architect in another bank and I applied for a position at US Bank where the job description pretty much matched with whatI am doing currently to 98% . I never got an interview call. Then I resend my resume with a fake name ( Anglo male... — read more
US Bank Notifications
Anyone else have the pleasure of sitting through the scripted, mechanical severance notification lately? US HR has got to be the worst in the industry. US Bank has misled thousands of people just to get to their end goal of getting deposits... — read more
Anyone Else Tired
Anyone else just sick and tired of wondering if they're going to have a job tomorrow or if they'll be laid off? I almost feel like I have my life on hold out of fear of spending money just in case I wind up being laid off. Anyone else feel like... — read more
A Certain Company Snooping Around TOS
Not going to say the company name that sounds like "gas-enter" but no one should be naive about their end-game and what their purpose is when you hear their name pass around within your company. former "gas-enter" consultant that knows the MO — read more
Terrible Managers
There are so many terrible leaders here . When they had the chance to upgrade when they bought UnionBank , HR fumbled the ball and thought top ranking was too hard. To be honest there are many of us who would rather work for UnionBank leaders than... — read more
Regulators All Over Us … Again
Regulators are crawling all over us again. Worried about the UnionBank acquisition as well as our BAU. US Bank had to raise capital. OCC had told USB and Truist not to bid on SVB and First Republic. Things are not good under Andy’s Kimono. We have... — read more
Expect layoffs this summer
Expect layoffs this summer . Given the amount of internal applications for jobs, I think US Bank will be laying off a lot, UnionBank and US Bank employees. Our HR teams are in over their heads , they are too junior for this size company. People have... — read more
Poor performing locations
It might sound harsh, but it's surprising to me that some branches that don't have a lot of traffic at all managed to stay open until now. I wonder why there is so much indecision to close them?
Closing our Branch!
Just was notified our branch is being closed as of September 6! I was told there are 12 other branches closing throughout the footprint also!
Zero Support for Retail Banking
Branches are getting creamed. US Bank kept customer experience managers and what use are they? No one is helping the branches and bankers are so busy they have no time to take there legal breaks or lunch for that matter. Where is the people? This is... — read more
Let the closures begin
Poor performing locations are getting a HARD look, is it worth the cost to keep them open if the staff and management can’t drive business? Gone are the days of BAU, it’s cutthroat now. Is your branch safe?
The culture of fear
Perhaps the culture of fear could at one time motivate some of us to stay and be overwhelmed, squeezed and undervalued here, but does anyone take that style of management seriously anymore? Does management really think we have no other options? As... — read more
Will the board ever address all the damage Greedy Andy’s outsourcing obsession has done?
Or will they think it’s fine what a mess the Union Bank transaction has been due to outsourcing the IT department to countries that don’t even know the different between a 5 and 4 digit PIN?
Union Bank and layoffs
Now that union bank conversion is near complete, when will those employees officially transition to us bank? Will a reorg occur? What have people been hearing? A lot pointing to layoffs coming down the pipeline but upper management seems to dance... — read more
U.S. Bank Facebook page pretending to care about those who served our country. Pathetic Hypocrites!!
If U.S. Bank truly cared about our country, CEO Andy Cecere would not be putting so many Americans out of work and outsourcing American jobs overseas just to give himself and the rest of the C-Suite more millions each year. #USBankGreed #USBancorp... — read more
If You Invested $1,000 in U.S. Bank in 2018, you would now have a disappointing $609
https://www.fool.com/investing/2023/05/25/if-you-invested-1000-in-us-bank-in-2018/