Pros: corporate values
Cons: lack of infrastructure and uncertain profitability
As a wholly owned subsidiary of AMA, Bridgewater Bank has incredible support from this highly reputable, very successful Alberta company. That said the bank itself is still in its infancy and has many opportunities as it continues to grow and mature from its early small business roots. Presently it focuses primarily on mortgage sales to the broker network, and developing its credit card program.
Bridgewater Bank's greatest asset is its people who remain committed to the corporate values and confidence that AMA has instilled in the organization. My co-workers were committed and eager to participate, although at times this was hindered by lack of infrastructure and cohesive direction. The company does have a mandate to improve upon its internal communications with a new internal social media tool.
The company has good benefits with 3 weeks holidays to start, as well as comprehensive health, dental and vision benefits. The company contributes well to an employee pension plan (vested after 2 years), and has an optional group RRSP plan. Oh and a fun perk is that they provide free donuts and bagels from Tim Horton's on Fridays, which is also a day that employees are allowed to wear jeans. A downside is that there are not extensive learning opportunities available at this time because the bank has not been profitable in the last few years.