Bank of Hope Claimed Company
Headquartered in Los Angeles, Bank of Hope has been providing financial services to the largest Korean American community in the country for 40 years and is today one of the leading Asian American banks in the United States.
Bank of Hope serves a multi-ethnic population of customers through 53 full-service branches across nine states and 13 Loan Production Offices adding presence in three additional states. With $20.57 billion in assets, the strength of the Bank lies in our experienced management team, focus on sound risk management and governance practices, and commitment to the communities that we serve. read more
Bank of Hope and the industry of Korean American Banking is lucky to have people who want to see the company succeed. This company is more than just a paycheck to these employees and these employees are the one who work diligently to ensure that this company succeeds. They need to be more recognized
What is most positive about the culture and environment at your company?
The environment can be quite warm, and certain managers do genuinely care about the success of their employees. Its just other factors within the company that can cause hinderance to the success of employees and the company as a whole.
What do your coworkers need to improve and how could you work together better?
Everyone needs to contribute to help the company succeed. If someone is unable to complete the task they are assigned, then they should reassess themselves; instead of causing issues for their coworkers. As long as everyone is performing there are no issues, but many people lack performance.
What's going wrong and how can it be improved?
Management needs to focus on current strong performing employees and developing those employees to be the future of Bank of Hope rather than hiring from the outside. This lowers morale and we lose a lot of good employees due to this, and they are not being replaced by capable people.
Why do you feel undervalued and what would make you feel better about your compensation?
The cost of living and market has changed very much, for Long Term employees, getting 1-3% annually from minimum wage when they were hired 10 years ago, its not nearly enough to live off of today. Employees are not getting paid enough to survive, while new hires are being overpaid for no performance
Other Employee Reviews for Bank of Hope
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