Target OFF; WaMu ON!

Sunday, July 13, 2008 17:17 | This post has been viewed 493 times

As the economy goes more into the slump and inflation is at all time high, I had a choice to make… earn minimum wage and work like a dog or earn more than minimum wage and work like a dog. I decided to go with the later.

I recently quit my job at Target as a Cashier and joined Washington Mutual Bank, also known as WaMu, as a Senior Teller. The transition has been really good so far as I have better working hours and benefits, and the surprising title I have of a Senior Teller even though I had never worked for a Bank before or had Bank experience.

Before I started working at WaMu, I was in a dilemma because I had two job offers, one from Kaiser Permanente and one from WaMu. KP is an excellent company and it would have been exciting working for them but the problem was that they were hiring me as an Accounting Intern for a year and only giving me 20 hours/week. I am not in a situation where I could commit for a year and working 20 hours/week would not cover all my bills.

Banks are currently in turmoil; IndyMac Bank just went bust on Friday. WaMu seems to be pretty safe as its core business is not originating mortgage loans but I think because of the current consumer sentiment, I wouldn’t be surprised if there is a run-off at the banks and WaMu suffers.

I think now I will be talking more about the Banking industry in my posts beside the Financial and Accounting topics I already talk about.

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