What's it like to work at East West Bank?
Explore East West Bank's stable environment, growth opportunities, and comprehensive benefits. Discover if East West Bank is your next loved workplace.
East West Bank offers a stable and growth-oriented work environment, underpinned by strong financial performance and consistent recognition as a Most Loved Workplace®. Employees experience high levels of trust and satisfaction, particularly in manager and colleague relationships, supported by a comprehensive benefits package and a values-driven culture. The bank fosters inclusivity, providing opportunities for career advancement and reflecting a commitment to diverse employee groups.
- Founded
- 1973
- HQ
- Pasadena, California
- CEO
- Dominic Ng
- Industry
- Banking
- Ownership
- Public
- Ticker
- NASDAQ:EWBC
- East West Bank grew from $600 million to over $76 billion in assets since 1991.
- The bank was ranked the #1 Best Performing Bank in 2023 and 2024 by S&P Global Market Intelligence and Bank Director.
- 90% of East West Bank employees express a 'love of workplace' based on internal surveys.
- Comprehensive benefits include healthcare, retirement plans, and tuition assistance.
- East West Bank is a Most Loved Workplace® and has received multiple specialty awards for diversity, equity, and inclusion.
East West Bank offers a stable and growth-oriented work environment, underpinned by strong financial performance and consistent recognition as a Most Loved Workplace®. Employees experience high levels of trust and satisfaction, particularly in manager and colleague relationships, supported by a comprehensive benefits package and a values-driven culture. The bank fosters inclusivity, providing opportunities for career advancement and reflecting a commitment to diverse employee groups.
What is it actually like to work at East West Bank?
Working at East West Bank is characterized by a strong sense of stability, growth, and trust. The bank's consistent financial performance, including its growth from $600 million in assets to over $76 billion, fosters a secure environment for employees. This financial strength is reinforced by high employee sentiment, with 90% of staff expressing a "love of workplace." Employees also report strong relationships with colleagues (87% love of colleagues) and managers (88% love of manager), indicating a supportive and cohesive atmosphere. The bank's leadership, particularly under CEO Dominic Ng, is recognized for strategic growth and maintaining a profitable institution, contributing to employee confidence in the bank's future. [MLW profile][CertCheck profile].
How does East West Bank pay compare?
While specific salary ranges are not publicly disclosed, East West Bank's stable financial footing and strong performance suggest competitive compensation practices within the banking industry. The bank's recognition as the #1 Best Performing Bank in 2023 and 2024 by S&P Global Market Intelligence and Bank Director indicates a highly profitable enterprise capable of attracting and retaining talent. Employee satisfaction metrics, including a high "love of workplace" score, often correlate with fair compensation that meets or exceeds industry standards. [MLW profile][CertCheck profile]
What benefits and time-off does East West Bank offer?
East West Bank provides a comprehensive benefits package designed to support employees' financial well-being, health, and overall quality of life. Key offerings include various health care plans, retirement savings programs to help employees plan for their future, and tax wellness assessments. The bank also prioritizes employee well-being through wellness and employee assistance programs. To alleviate daily financial burdens, commuter reimbursement is offered. Additionally, East West Bank invests in employee development by providing tuition assistance, supporting continuous learning and career growth. [Company digest][MLW profile]
Culture, leadership, and DEI at East West Bank
East West Bank cultivates a values-driven culture rooted in principles like Absolute Integrity, Customer Alignment, Creativity, Respect & Fairness, Unification, Expertise & Professionalism, and Selflessness. These core values guide decisions and foster an environment of open communication, promoting pride, results-driven teamwork, an entrepreneurial mindset, and accountability. Leadership, exemplified by CEO Dominic Ng, is characterized by strategic vision and a focus on both profitability and credit discipline. The bank's commitment to Diversity, Equity, and Inclusion (DEI) is evident in its numerous specialty awards as a Most Loved Workplace®. These accolades include recognition for LGBTQ+, Parents and Caregivers, Women, Volunteering, Diversity, Career Advancement, CEOs, and Young Professionals, showcasing an inclusive environment where various employee groups feel respected and supported. [Company digest][CertCheck profile]
The hiring and interview process at East West Bank
Although specific details of the hiring process are not fully public, East West Bank's reputation as a Most Loved Workplace® suggests a structured and considerate recruitment approach. The bank's high recommendation rate (88% would recommend to a friend) implies a positive overall experience, which typically extends to the initial interactions during the hiring process. Candidates can expect a focus on alignment with the bank's core values—such as expertise, professionalism, and integrity—alongside necessary technical and professional qualifications for banking roles. The various specialty awards for diversity also suggest that the hiring process is designed to attract and evaluate a broad range of candidates. [CertCheck profile]
Career growth and learning at East West Bank
East West Bank is committed to fostering employee growth and development. The provision of tuition assistance demonstrates a direct investment in the continuous learning of its workforce. Furthermore, the bank has received recognition as a Top Most Loved Workplace® for Career Advancement, indicating a robust internal framework for employee progression and skill development. The bank's consistent growth, from a small savings and loan to a global commercial bank, also creates numerous opportunities for employees to expand their roles and responsibilities within a dynamic organization. [Company digest][CertCheck profile][MLW profile]
Risks, criticisms, and what to watch
While East West Bank generally demonstrates strong performance and positive employee sentiment, potential employees should always consider broader industry trends. The banking sector is subject to economic fluctuations, regulatory changes, and evolving technological demands. While East West Bank has shown resilience and strategic leadership, particularly in navigating its role as a bridge between the U.S. and Asia, staying informed about these external factors is prudent. No specific public criticisms or significant areas of concern regarding its workplace environment were identified in the available sources; however, continuous monitoring of industry reports and employee reviews can offer further insights. [MLW profile]
Most Loved Workplaces® context
East West Bank stands out as a Most Loved Workplace®, a designation recognizing companies where employees feel a high degree of respect, collaboration, and a positive vision for the future. Across the 1,800 certified companies worldwide, representing 2.8 million employees, organizations like East West Bank demonstrate a commitment to the SPARK framework: Systemic Collaboration, Positive Vision of the Future, Alignment of Values, Respect, and Kindness. These organizations achieve benefits such as 48% higher employee retention and 4× higher revenue growth compared to industry peers, with 92% of employees at Most Loved Workplaces® applying for roles when openings arise. [Most Loved Workplaces®]
How we researched this report
Prepared by Best Practice Institute Editorial Staff for The Workplace Report. Methodology: /methodology.
Sources
- MLW profile — Most Loved Workplace®
- CertCheck profile — CertCheck by Most Loved Workplace®
- Company digest — East West Bank
Researched and edited by Best Practice Institute Editorial Staff. See our methodology.