CoBank reviews

3.1

54% would recommend to a friend

(324 total reviews)
avatar

Thomas Halverson

72% approve of CEO

49% positive business outlook

CoBank has an employee rating of 3.1 out of 5 stars, based on 324 company reviews on Glassdoor which indicates that most employees have a good working experience there. The CoBank employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.6 stars).

Reviews by job title

324 reviews
1.0
Sep 8, 2022
Recommend
CEO approval
Business Outlook

Pros

I can't think of any pros.

Cons

I worked for CoBank for several years. When I first started, I thought it was the best place I’d ever worked. By the time I left, it was by far the worst place I had ever worked. Below are concerns I have about CoBank. 1) EIM management is hiring the wrong people for positions. The new hires don’t have the skills for the jobs. Management thinks anybody can be put in a position and they’ll be able to do the job. That’s not true with CoBank because of the complexity of the business and the technical environment. This sets set the EIM team and CoBank up for failure. 2) Management repeatedly underestimates the amount of time needed to do a project. This results in schedules being crunched and people working a lot of extra hours which burns people out and causes employee turnover. Several people, including myself, have said they had to recover after working at CoBank because of the stress and toxic work environment management provided. 3) Management surrounds themselves by managers who only say yes to them and they don’t welcome employee input on design or architectural issues. If an individual contributor expresses concerns about a design to try to avoid rework, they are chastised and retaliated against by management. When I worked there, many hours were spent performing rework on issues that were originally designed by management. This hiring practice is true in both the IT and EIM divisions. If I was on the board of directors for CoBank, I would be concerned about the future of the bank. I am doubtful about CoBank’s ability to make the required technical changes to compete with product offerings from other Farm Credit System lenders and also to implement required regulatory changes.

2.0
Jun 3, 2022

No opportunity for minorities - toxic culture

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

401k, Bonus, nice people to work alongside

Cons

Executive leadership is old white male and you have to fit this bill if you want to advance. Your ideas will be used and will be transformative in the organization but your manager will receive credit for it. No need to escalate to HR, they won’t do anything for you. You’ll have a target on your back. No growth for minorities, you will work hard and will not receive equitable pay increases or promotions.

avatar
CoBank Response
4y
CoBank is committed to building a workplace culture where all associates feel respected, valued, heard and included. CoBank encourages managers at the bank, in conjunction with the Human Resources Division, to concentrate their efforts towards attracting, developing, engaging and retaining talented associates, providing them with the necessary tools and opportunities, creating an inclusive work environment and challenging them with performance-based goals consistent with the Bank’s Value Proposition and Strategic Business Objectives. Managers are encouraged to exercise leadership in establishing, maintaining and modeling ethical soundness and consistency in the bank’s human resources practices. All pay and promotion decisions are evaluated through an equity lens.
2.0
Aug 29, 2019
Recommend
CEO approval
Business Outlook

Pros

Decent compensation Great mission Good location

Cons

Promotions are hard to come by unless you know the right people Never ending change to procedures Management is out of touch and spends most of every day in meetings Training in operations is a large concern

avatar
CoBank Response
6y
CoBank’s mission is central to the work we do and it’s great to see that you connect with that mission. To support our mission, we help associates grow into larger and more complex roles with training opportunities though CoBank University. There is also a leadership excellence program that focuses on creating successful leaders. We would like to hear more about your time here at CoBank, email us at: feedback@cobank.com. Thank you.
Viewing 76 - 78 of 324 Reviews

Glassdoor has 377 CoBank reviews submitted anonymously by CoBank employees. Read employee reviews and ratings on Glassdoor to decide if CoBank is right for you.