FHLBank Chicago reviews

3.2

48% would recommend to a friend

(167 total reviews)
avatar

Michael Ericson

48% approve of CEO

57% positive business outlook

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
5.0
Oct 25, 2017

Great place to work

Recommend
CEO approval
Business Outlook

Pros

Everyday is enjoyable. Amazing benefits. Work from home option. Good pay. Top Talent. Great facility. Tons of events (fitness challenge, bags tourney, summer socials, Halloween events, drone racing, adult beverage activities, fundraisers, training opportunities to advance your career, raffles, cook-offs, giving back to the community (habitat for humanity), plenty of leftover free food in the break-room, free coffee/tea, plenty of community of practice groups, employee resource groups, nearly all of the high level execs are approachable. Willingness to invest in your masters degree. At the forefront of Technology.

Cons

HR. Nobody has really heard of FHLBC. Lack of cross-department communication/interaction. Chances are you probably will never get to know someone if they are not on the same floor as you. Depending on what department you are in, you'll either hate it or love it.

5.0
Feb 24, 2016

Great place to work

Recommend
CEO approval
Business Outlook

Pros

Very supportive management and progressive employee benefits

Cons

Limited opportunities for internal growth

3.0
Jul 30, 2012

This is an organization in the throws of change

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

This bank is slowly moving from an antiquated business model to a more modern, agile model. I believe that the management of this organization is dedicated to its member institutions and is trying very hard to maximize the Bank's value to them. Nimble minds at the top have helped the Bank through the current financial crisis. It has a good relationship with its regulator, and is fighting hard to gain market share.

Cons

While the Bank is dedicated to its members, it is unfortunately not as dedicated to its employees. Morale is consistently low. Employees on the whole (although certainly not everyone) feel that management is not genuinely concerned about them, their ideas, or their professional development. There is an unfortunate measure of cronyism in the organization, which makes it difficult for those without friends in upper management to get ahead.

Viewing 85 - 87 of 167 Reviews

Glassdoor has 194 FHLBank Chicago reviews submitted anonymously by FHLBank Chicago employees. Read employee reviews and ratings on Glassdoor to decide if FHLBank Chicago is right for you.