Does FHLBank Chicago pay their employees well?

According to anonymously submitted Glassdoor reviews, FHLBank Chicago employees rate their compensation and benefits as 3.5 out of 5. Find out more about salaries and benefits at FHLBank Chicago. This rating has decreased by 7% over the last 12 months.

How satisfied are employees working at FHLBank Chicago?

48% of FHLBank Chicago employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated FHLBank Chicago 3.2 out of 5 for work life balance, 3.2 for culture and values and 2.8 for career opportunities.

What are the top reviewed jobs at FHLBank Chicago?

Analyst (8) , Intern (5) , Manager (5) , Intern - Hourly (3) , Internship (3) , Risk Analyst (3) , Rotational Analyst (3) , AVP-Operations (2) , Associate (2) , Business Analyst (2) , Director (2) , Executive Assistant (2) , IT Engineer (2) , Senior Accountant (2) , Senior Analyst (2)

What are the pros of working at FHLBank Chicago according to real employee reviews?

"Benefits are good." ((in 32 reviews)); "Great people to work with." ((in 19 reviews)); "work life balance is good" ((in 8 reviews)); "Salary is GOOD" ((in 7 reviews)); "The most diverse work environment I have ever encountered." ((in 5 reviews))

What are the cons of working at FHLBank Chicago according to real employee reviews?

"Management somewhat detached." ((in 10 reviews)); "aggressive culture where no one wants to own anything and pass" ((in 8 reviews)); "Currently, accomplishments and contributions are only acknowledged if a manager or co" ((in 7 reviews)); "Low pay" ((in 5 reviews)); "senior leadership must wake up now!! management dont seem to care as long as they win diversity awards." ((in 5 reviews))

What are employees saying about FHLBank Chicago layoffs in 2026?

Explore Glassdoor’s employee reviews to understand what current and former employees are saying about FHLBank Chicago layoffs and their outlook for job security at FHLBank Chicago in 2026.

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FHLBank Chicago

FHLBank Chicago reviews

3.2

48% would recommend to a friend

(167 total reviews)

Michael Ericson

48% approve of CEO

57% positive business outlook

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

FHLBank Chicago has an employee rating of 3.2 out of 5 stars, based on 167 company reviews on Glassdoor which indicates that most employees have a good working experience there. The FHLBank Chicago 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

167 reviews

3.0

Mar 23, 2016

Start or Finish?

Director

Recommend

CEO approval

Business Outlook

Pros

Good place to work if you are starting or finishing your career.

Cons

Functions a lot like the government, not like a business, slow to make decisions. Nothing about the place is common sense.

1.0

Dec 2, 2015

My Review

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Salary and benefits are great

Cons

Technology, very "cliquey" Your experience depends on your manager. Human Resources is a joke!

1.0

Mar 15, 2014

Very political. Management is top to bottom.

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Pay and benefits. Health care is very good. In Aon building

Cons

Lack of upward mobility. Senior management doesn't trust each other.

Viewing 64 - 66 of 167 Reviews

Jobs at FHLBank Chicago

Sales & Strategy Analyst

Director, Strategic Portfolio Management