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      FHLBank Chicago

      Engaged Employer

      FHLBank Chicago reviews

      mercy for my friends, the law for my enemies - Technical Support FHLBank Chicago Employee Review

      1.0
      Feb 9, 2022
      Technical support
      Recommend
      CEO approval
      Business Outlook

      Pros

      very hard to get fired unless you won't surrender your medical autonomy. keep your head down, nod along, and tick the boxes and you'll have a job for life. jobs are so easy you can take a lot of time afk if you keep logged into teams. new office is really nice and gym is cheap.

      Cons

      they talk all day about DI&E but it's just for show - upper management is a sea of white faces - if they practiced what they preached they'd resign and make way for minority voices. their vaccine mandate hit people of color the hardest - this will be looked back on in years to come as institutional racism imo. ~ bad covid response meant all the decent folk and managers left or got force resigned. we were told people 'resigned' only to find them on linkedin looking for jobs - faux fired - some of the best people at the bank - so shortsighted and malicious - we all lost trust in the bank when it happened. many had no choice but to pick between something they didn't want to do and feeding their family - terrible to do that to people - terrible. most people I talk to are job hunting hard. ~ competencies are used to deny you advancement but never to help you. if management likes you, they'll bump you up on the spot. if they don't like you they'll use the competencies to block you off. ~ HR don't listen, they'll just give you some speech about how great the company is - never listen to concerns. look at their responses to other reviews - you'll get the same responses if you ever dare question the place or suggest improvements. find one review where they admitted any fault - you won't. ~ CIO is not a tech person and sits in his closed door office. no idea how to run the department and it shows. don't bother giving feedback he doesn't listen to the little people - he knows it all. ~ culture took a big nosedive when Ericson took over - he's very uninspiring and is just a numbers guy - so everybody gets treated as a number not a person - demotivation all over the place. ~ I'd stay very clear - it might look ok the first few months but then you'll soon realize what the place truly is - crazy toxic - most are counting the hours until they can get out. trust me - don't apply!!

      avatar
      FHLBank Chicago Response
      4y
      We are disappointed to read this account as it contains outright falsehoods, displaced blame and negativity. Our culture and mission are dedicated to community and inclusivity which is why we prioritize our Diversity, Equity and Inclusion efforts at every level of the Bank. Our employees’ health and safety is paramount and we have chosen to make sure that our staff is fully vaccinated. The published competencies that we use through the performance management process are designed to help all employees demonstrate their skills, see their progress and measure what they need to accomplish to drive their career forward. We understand that these efforts do not make everyone happy but they are important values to our business, to encouraging our best performance and to achieving the mission of the Bank. Our organization is always looking for opportunities to grow and change in a positive direction, especially for our valued employees and on behalf of our members. In addition to our working groups, engagement teams, employee resource groups, our leaders and HR business partners are always listening for suggestions to improve. We recognize our outstanding performers at all levels and are proud to work with so many dedicated and hardworking individuals who bring their whole selves to our business and mission.

      Explore other reviews about FHLBank Chicago

      5.0
      Feb 20, 2026
      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      I enjoy my job, work with wonderful people, and feel valued at work. The office is nice. Happy with the benefits and events at work.

      Cons

      My experience has differed from many recent negative reviews - the company is pretty siloed, and culture seems to vary significantly across departments. I agree with the previous reviews about HR being hostile.

      2
      avatar
      FHLBank Chicago Response
      4mo
      We are proud to provide a collaborative and supportive workplace for employees. Our competitive benefits, ample learning opportunities, and inclusive culture ensure employees feel valued in their roles. We recognize that consistency across departments is important and continue to focus on strengthening collaboration and alignment across the organization. We always encourage employees to share their perspectives through our internal channels for any concerns they have so we can continue to evolve our ways of working with each other and in support of our mission.
      1.0
      Jan 13, 2026
      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      Office is in a good location. Benefits are decent compared to similar organizations. However, pay isn't very competitive. Some individual contributors are genuinely good people and easy to work with.

      Cons

      Policies change frequently and often at the expense of employees, with limited transparency or advance communication. This creates an environment where long-term planning—career, compensation, or work-life balance—is difficult. HR involvement tends to be reactive and performative rather than supportive. Escalations frequently prioritize risk management over employee advocacy, which can feel adversarial instead of neutral. The culture is highly political. Visibility and appearing busy are often rewarded more than measurable outcomes or delivered value. In practice, this encourages performative work rather than effective work. Many teams rely heavily on contractors for execution while FTEs manage optics and process. Contractor-to-FTE conversion is rare and slow; in my experience, it can take several years and often depends more on organizational politics than performance. This may be a tolerable environment for those comfortable navigating bureaucracy and ambiguity, but it is frustrating for high performers, those seeking clarity and stability, or contractors expecting a clear path to conversion.

      7
      avatar
      FHLBank Chicago Response
      5mo
      We are proud of the competitive benefits we offer employees to ensure they feel well supported and are able to do their best work. We agree that we have very talented and dedicated employees; we make sure they have ample opportunities to contribute to meaningful work that has a long-term impact in support of our mission. We understand that periods of change can feel challenging. Like many organizations, we continue to evolve in response to business needs. Employees at all levels play an important role in helping shape our priorities, and we encourage them to bring their perspectives forward.
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