FHLB Des Moines reviews

3.8

74% would recommend to a friend

(71 total reviews)

Kris Williams

80% approve of CEO

67% positive business outlook

FHLB Des Moines has an employee rating of 3.8 out of 5 stars, based on 71 company reviews on Glassdoor which indicates that most employees have a good working experience there. The FHLB Des Moines employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

71 reviews
3.0
Oct 29, 2021

Project Manager

Recommend
CEO approval
Business Outlook

Pros

The majority of the people are great to work with.

Cons

The amount of process they have put into each project is overwhelming. They are so risk adverse nothing reasonable can be done. They expect zero defects on projects. If one thing isn’t perfect it is a huge issue and all projects need to add additional safe guards to make sure it never happens again.

avatar
FHLB Des Moines Response
4y
Thank you for your feedback. You’re right – our people are great! And while our (heavily) regulated environment means we don’t have a big risk appetite, we aren’t risk adverse, either. We believe in building a strong risk culture so we can manage the risk in our work – instead of letting the risk manage us.
3.0
Aug 2, 2021

Super siloed and lack of trust between departments

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Compensation and benefits were good, and they improved to match with other local businesses when employees spoke up about it.

Cons

Every department is siloed. Cross-departmental collaboration is like pulling teeth. Lots of unnecessary drama and gossip. Hardest workers go unrecognized.

avatar
FHLB Des Moines Response
4y
Thank you for your review. At FHLB Des Moines, we value employee feedback – and, we put it to use. From compensation and benefits like you mention, to improving collaboration and recognition, we strive to get it right. We encourage open communication between teams so we can do our best work, and that takes all of us.
2.0
Jul 22, 2021

Micromanaging

Recommend
CEO approval
Business Outlook

Pros

Good coworkers. Great comp and benefits.

Cons

Tough environment with executives micromanaging everything.

avatar
FHLB Des Moines Response
4y
We appreciate your feedback. Over the last few years there have been changes to our leadership team, but our values (especially Respect and Teamwork) have not changed. We always encourage employees to say something if they experience a situation that is not consistent with our values. While there are many things we do well, we know we can always improve.
Viewing 28 - 30 of 71 Reviews

Glassdoor has 104 FHLB Des Moines reviews submitted anonymously by FHLB Des Moines employees. Read employee reviews and ratings on Glassdoor to decide if FHLB Des Moines is right for you.