Elavon CIO last day is May 18th. US Bank CIO quickly seized the cloud engineering team for himself and wrote the following statement regarding Elavon leadership: "All other direct reports of [Elavon CIO] will be realigned to [US Bank Executive]... — read more
U.S. Bank discloses investigation of "sales practices"
— by the Consumer Financial Protection Bureau: https://www.bankingdive.com/news/wells-fargo-us-bank-disclose-cfpb-investigations/599785/ Wells also being investigated (again), so USB's in good company! Let's see, trying to imagine US Bank's... — read more
My branch has been temporarily closed since March 2020
They say it will open back up but I wonder what’s next
Wrongful termination case
If you think US Bank is a organization of decent leadership that runs ethical HR practices, think again. Here is the latest of many wrongful termination cases, except that this one will damage the WM area in biblical proportions... — read more
Does US Bank offshore work to countries they do not do business in?
Need to make some decisions. Been with USB for over 25 years and recently heard employees are losing their jobs due to offshoring. Not sure I want to continue to do business with them IF they are eliminating US jobs and sending work to countries... — read more
More branch closures soon
Temporarily closed branches will remain closed forever. All effected employees will be given a severance package and an option to reapply
One more week to play the fool
Great, you made it through another week in the grind of US Bank. Are you and your family re–budgeting your year because of the hilariously low bonus you got? Can you see the sword hanging above your chair? Do you shut down your laptop and praise... — read more
Could you have done much better?
I was laid off recently and only now I'm beginning to see my own mistakes. I wasn’t expecting to get laid off. USB has had a lot of wrong moves and decisions, but still, I’m more angry at myself and my own decisions. I could have moved to another... — read more
How many branches will we have by the end of next year?
It wouldn’t surprise me if by the end of 2022 there are less than 1000 USB branches as someone has already mentioned, considering that in 2019 it had just over 3000. What do you think?
Big problem
A big mistake I see is the decision to bring in new managers who don't know the job. "You were good in leading that department" does NOT mean they will be good in a completely different department. Then it's like having a newly-elected mayor coming... — read more
A bunch of branches are closing
“Customers’ banking preferences and behaviors are changing, influencing how and where we operate,” stated Keith Lawson, US Bank district leader. “As a result, we are consolidating some of our physical... — read more
What’s going on at US Bank?
What’s with the hiring rampage? Are people dropping like flies cuz the place sucks?
Left us bank in February.
Feel so liberated, happier, stress free at new place. Oh and other companies have better benefits too. This chump ceo is running us bank to ground
"One U.S. Bank" corporate mentality
The "One US Bank" corporate mentality is absolutely destroying the bank's fee business lines which must compete with the myriad of non bank disruptors, nimble fintechs and emerging competitors which do not have to act, operate or report like a bank... — read more
Jacking around with my severance
I just received word that they "miscalculated" my severance and I will be getting only 25% of what they told me initially-and possibly even less. It's been over three weeks since I was informed of my layoff and my last workday was last week. ... — read more
What are some of the worst decisions?
I am fairly new to US Bank with less than a year employment. I’m curious to know what are some of the worst decisions the company has made that you feel have been detrimental to its growth or sustainability? And do you think the currently implemented... — read more
Just got laid off today
I work in Minnesota, metro branch
Technology is a dinosaur
Someone’s comment that our technology is stuck in the early 2000s made me chuckle. It’s actually a sad reality. I understand that these are sensitive things, but I don’t understand why there is no motivation to improve technology. I am afraid that... — read more
Even if they fire Levang...
The well is already poisoned at TOS and the entire organization. One bad and toxis person moved to a leadership position can cascade negativity and incompetence all around. There is your root cause.
How happy are you here?
Perhaps this question is a bit naive, but I have a feeling that no one is happy here. The work here is a means to an end and there is no fulfillment of any kind. It makes me depressed that when I look back, I realize that somewhere else I could... — read more
Why does this keep happening?
I know for a fact we're losing customers because they don't want to talk to somebody from another country each time they have an issue. Most of them make it known that's one of the reasons why they're leaving. Yet, the leadership keeps outsourcing... — read more
Picking some talent
I just hired two great and highly talented individuals right out of US Bank into my practice. Their stories are almost identical. Strong background, solid track, then lured into USB with recruiting tactics, promised an amazing role and environment... — read more
We are neglecting the full picture?
Those that are butt hurt because branches are getting closed and people are losing their jobs are just not seeing the full picture. While I don’t wish for anyone to lose their job you have to look overall how not only this pandemic affected us but... — read more
Outsourcing in digital
huge long term contract with Indian agency. parallel offshore digital teams of dev, pm, design...even accessibility roles. two offshore teams for every onshore. said it was b/c there’s not enough talent in US. or maybe because they don’t pay... — read more
There are not many better choices?
I’d love to get out of here, but I don’t know exactly where. I don’t know of a bank that wasn’t hit by the pandemic. There aren't any that are doing much better. I’m still happy with pay and I can't complain about the atmosphere, but the amount of... — read more
Elavon Layoffs Coming?
Anyone out there know of any layoffs coming to Elavon in the next few weeks?
Hard to believe
That there are THIS many id–ts that work for a financial institution. Yeah, compensation is down. Does anyone care to think why? Hmm what happened in 2020 and how did they company perform? Oh that’s right, a global pandemic that was unplanned for... — read more
Us bank is slowly dying
Big changes in every department, hiring freeze, poor management, very poor executive management.......not sure how they keep getting most ethical company or best place to work. They keep serving the coolaid to the enployees
It's March....are layoffs coming ?
Well it's March, have been many rumors on this board about a March layoff. Anyone willing to share info? If not March will there be layoffs before the normal October purge.
Replacements are almost non-existent?
I am glad for everyone that finds a better option because this company no longer has much to offer to ambitious people. At the same time I am horrified when someone leaves because there is no understanding that a replacement needs to be made. Every... — read more
Can anyone confirm?
I read in another thread that an employee’s position in 24hr banking was being eliminated and that several others were on that call. I haven’t heard anything since. Can anyone verify this and if any other BUs were affected? I really wish there was... — read more
They have lost control?
You will be required to come back to the office because they have lost control. A lot of people are taking advantage of not being watched all day but don’t be fooled because they count every keystroke. Does anyone really think they have lost... — read more
Not many will want to return to the office
Once companies decide to return to the office, it's going to get real interesting. Can't think of many people that have worked from home for a year that want to go back to a full-time office setting. I know of a few people that have moved and now... — read more
Next week Thursday webex invite
Only the ones affected will get an invite on Thursday morning.
Are you worried?
For back room operations and non-customer facing positions, what are your thoughts about the return to work scenario? Are you ready to go back? Are you already back? Or do you think your position won’t be there when it’s time to go back? — read more
Case Processor Wave on the Horizon?
Trying to figure out the actual expectations to not be ousted. is there a real number goal to be safe. How do some people kick out a 100 more cases then others?
How many people are looking for a new job after compensation convos?
I actually had to stop myself from bursting out laughing when my manager that the focus this year was compensating individual contributors....1.5-2 percent raise and 40-60 percent of target bonus? Did any of the c-level execs also make less this... — read more
Bonus outcome
How are the ongoing bonus meetings ending in your teams? Our team is already a wreck. Most of us have already polished our resumes and are ready to jump ship. No leadership, no course, only a little koolaid for tenured old white bankers
Bonus
Has anyone still not heard anything about their raise/bonus???
Beware of how you time your 2 weeks
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