Coworker put in their 2 week notice today, was told they would not receive a bonus because it hadn’t “been calculated yet” despite all bonuses being released in approximately 2 weeks from now on 3/5’s paycheck. They’re scamming people out of bonuses... — read more
Is there a career here?
A colleague referred me to this site. After having read all these posts I am wondering if I actually am able to build a career here. I am fairly young, a year out of college and while this is not my first job, it is my first professional job. Should... — read more
Hiring... from outside
New President of WM/Affluent - ANOTHER HIRE FROM OUTSIDE! https://www.businesswire.com/news/home/20210203005079/en/Scott-Ford-joins-U.S.-Bank-as-president-Wealth-Management-Affluent Understand that US Bank will never promote from within for the... — read more
How much do they value us in other companies?
This is my first job and I have been here for 4 years. I am interested in experiences of someone who can tell me how a former USB employee is treated in other companies? How worthy is it to have the name of this company in your resume? Someone on... — read more
Revolt?
Bonus conversations started and not going well. Numerous resignations already on the table. Take whatever bogus bonus was arbitrarily calculated for you and get out now. There is a bright future ahead of you, and it does not read "US Bank". You... — read more
More branch closures to be announced end of month
They will announce some more branch closures end of this month. Effected Branches will officially be closing in May or June
Branches still closed since March 2020
Why not open back those branches? Why are they still temporarily closed?
IGNORE HR TROLLS trying to put the fire down
Facts: US bank makes a lot of $ but lays off SYSTEMICALLY every year, closes branches, shrinks employee base, keeps highly paid managers who belong "in the club" and brings highly paid contractors to move initiatives that don't work, fosters high... — read more
Ignore Gaslighters With a Chip on Their Shoulders
We have seen fake news posts such as "something big going to happen in January" or "Goldman Sachs going to buy us" and nothing pans out. The reality is these are trolls here to create anxiety and top into someone's existing dissatisfaction to get a... — read more
Find yourself a better career
US Bank employee: you have a much better chance to be happy if you stop begging for your bonus being windled at your face. Do you enjoy depending on it to make ends meet? Too much sacrifice for a few $$ and having to pray for it not to be cancelled... — read more
ATM being serviced by third party
My branch is temporarily closed and i was informed that my office will have a 3rd party service our atms. Anyone else in the same situation? Some offices in my area closed when a vendor was announced to service the atm.
Sooo.... about dem bonuses
I feel like we got our meeting invites for bonuses in January last year. Any idea when they’ll be released, specifically WM? Asking for a friend who wants to schedule their 2 week notice right lol
February cuts
Are we expecting any?
Wow! Clip from an article on Mr Cecere’s 2019 increase
S. Bancorp’s USB president and chief executive officer (CEO) Andrew Cecere received 40% hike in his total compensation package for 2019 compared with the prior year. Cecere’s total annual pay increased to $18.8 million in 2019 from $13.4 million in... — read more
Anyone else see a 40% Increase in 2019? Wonder what Mr Cecere’s increase will look like for 2020
https://finance.yahoo.com/amphtml/news/u-bancorp-usb-sec-filing-133401646.html
TOS
How does Soroka still have a job? He leads TOS Operations Services and seems completely clueless about both technology and Operations. They even joked about it in the Strategic Roundtable. He's surrounded by heavy weights and isn't even embarrassed... — read more
Cecere visiting branches?
R Davis used to stop by branches every once in a while. Cecere has zero interest in mingling with subordinates, unless they make him tons of money. Same with TOS deadweight hollow "leadership". The only time managers talk to subordinates is to... — read more
No more branch closures in the near future
Andy and Terry Dolan recently announced there are no more branch closures in the near future.....what ever that means.
Severance - DO NOT SIGN!
Beware of the US Bank severance offer. They make you agree to allow company officers and employees to defame and malign you after you leave!!! If you do sign it you have 90 days to withdraw your permission!! DO NOT SIGN IT. KEEP A COPY OF IT AND GIVE... — read more
More changes coming
I've heard more changes are coming including additional reorganisations but nobody seems to have any details. It's not that I doubt we're looking at more of the same, it just be nice to know more than "somethings brewing." If anybody knows more... — read more
Hr was reorganized
Lot of hr staff was let go. Welcome to workday, everything is automated, wait times to talk to someone in hr is over 1 hr
March 2021
I heard through the grapevine that there will be another " reorganization" in March involving Commerical and Corporate banking. Sounds like they are trying to be more transparent about upcoming changes. Give me a break.
Branch Managers to go bye bye.
The company will get rid of a lot of dead weight branch managers soon. Hub district managers will oversee their own with multiple others. CRC4s and anyone with S2 authority will step in.
Big news about to break in Jan
Get ready for a wild ride everyone. After q4 earnings.
What is happening to teller positions?
What is happening with Teller positions??
When can we get some good news?
Branch closings, layoffs, cuts in benefits...I'm exhausted from hearing all the bad news and waiting for the next announcement to learn just how bad it'll be. Remember when announcements used to bring good news, like bonuses, for example? I miss... — read more
400 more branch closures in Q1
U think 2020 was a bad year? 2021 will be brutal. https://www.atmmarketplace.com/news/us-bank-to-close-400-branches-reports-robust-digital-engagement/
Changes
Branches are becoming “micro market” with few 4-5 branches instead of having big districts with 20+ branches. What do you think of this? Are business line partners for branches such as business bankers, wealth management etc. will be... — read more
Get out while you can
USB has significantly more cuts planned all with an eye towards a massive payday for AC and the executives through a buyout. AC has personal gambling issues and is desperate for the payday and ego stroke. He has sold USB out in search of the highest... — read more
Card counting Cecere needs to go
He’s gambling the future of the company to the ground. There’s a reason why he’s on the banned in Vegas and Atlantic City.
Why is the transition to a modern system so slow?
Bunch of old bank people without a clue as to direction or how to lead people. TOS management is just running out of the string until they get their golden parachute. It’s well past time to simplify, consolidate, and focus on what’s critical. Move... — read more
More branches closing
U.S. Bancorp will close about a half-dozen more branches in the Twin Cities, some of them inside other businesses. The closures are part of a larger transformation since more transactions now occur digitally. Earlier this year the bank said it would... — read more
Severance info
I've heard there might be some severance reductions in the future rounds due to the pandemic and I'm having trouble believing even this place would be willing to screw over its employees so badly by doing something like that in the worst possible... — read more
US Bank Layoffs 2021
Is there going to be any reorg or US Bank Layoffs 2021? Any news or rumors?
January RIF?
Any updates? Heard anything? Is it January or just first quarter 2021?
Andy Cecere stepping down. Richard Davis is coming back
Wishful thinking
Something Coming?
Continue to hear and see smoke about large scale changes on the very near horizon, possibly as early as the end of the week. Does anyone have any details upon what other shakeups might be coming?
Big announcement coming soon
Wait till after the holidays. News has leaked from inside sources. January 18th will be a new day