CoBank reviews

3.1

54% would recommend to a friend

(107 total reviews)
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Thomas Halverson

72% approve of CEO

49% positive business outlook

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107 reviews

Reviews about "Compensation"

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4.0
Aug 10, 2025
Recommend
CEO approval
Business Outlook

Pros

I would say Cobank offers decent benefits as a whole. Compared to if you are coming from other industries outside of banking. There is a possible bonus component paid out the following year around March tied to your position. I have gotten one every year so far and it makes that month quite nice in addition to the regular paychecks. 401k up to 9% match On Site Cafe (Cheaper Quality Meals around $5) Free Fountain Soda while Cafe is open Free Parking on Site Hybrid Work Environment-Team Dependent Tuition Reimbursement up to 10K yearly

Cons

Competitive for advancement to other teams or departments. Would say the bank is more top heavy managers, vice presidents, supervisors compared to more middle tier or lower positions. Learning how the farm credit system works can be a bit of a learning curve and take some time.

2.0
Jul 9, 2025

Avoid

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Decent salary, benefits and somewhat flexible work schedule.

Cons

There’s a formal mandate of a “Culture of Inclusion”… Passive-aggressive behavior and relational aggression are ignored or shrugged off. There’s a reason there’s a high turnover.

1.0
Jul 5, 2025
Recommend
CEO approval
Business Outlook

Pros

- Good compensation and benefits - Coworkers across the engineering teams are great

Cons

To preface, this isn't out of bitterness or anger, but disappointment at what was once a great place to work. I was hired before the current CIO Kavita Rao came onboard -- so seeing the transformation of the engineering department was jarring and sad. Before that, when I would explain to people why I liked working at CoBank I would always say "They treat their people really well". Over the next year and a half, I was to witness constant layoffs, turnover, toxic office politics, and borderline illegal attempts to pressure employees to leave through demotion and/or pay cuts. Three different director-level colleagues I worked with were all fired – this had nothing to do with what work was delivered, just a combination of scapegoating someone to blame for overpromised initiatives by the C-level suite that weren’t delivered on time (once again unrelated to any of the individuals above) or just not being part of the ‘inner circle’ that you have to please to feel you have any job security. I won’t even delve into the mess of entire engineering teams being laid off without warning or backup plans for their critical responsibilities. It’s difficult to include all the issues here in any concise way, but I think hearing that people were told to ‘Manage people/teams out’ by upper management was enough for me. It was sad to hear that after all the people who lost their jobs and livelihoods for doing nothing wrong other than not being part of the CIO’s very, very expensive ‘vision’, when upper management was asked if they would have done anything differently at a department-wide planning session, they of course said ‘No’. Please look at the job reviews from the engineering folks here and notice they are not all brand new. Additionally, weed out the reviews upper management has asked people to leave. Whoever left this post below, blink twice if you need help. ____________________________________ Pros Leadership, vision, camaraderie, feedback, mission, fulfillment. Having a blast while GSD! Best ever digital transformation!! Absolutely the best career opportunities here! Cons None. Always evolving, listening, growing, and improving. Advice to Management Keep up the stellar work! ___________________________________ P.S As an added cherry on top, they officially announced to us that they are removing ‘DEI’ but not to worry because it doesn’t change anything culturally, which begs the question, why bother removing it? Just a microcosm of how weird and shady things are there.

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