FHLBank Chicago reviews

3.2

48% would recommend to a friend

(167 total reviews)
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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
4.0
May 10, 2021

Software Engineer

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Friendly environment Good colleagues to work with Best management

Cons

Nothing that I can think off

1.0
Mar 16, 2021

Top Workplace (NOT)

Recommend
CEO approval
Business Outlook

Pros

Pay, nice coworkers, benefits, new office space

Cons

To many conflicting priorities, vacation time invaded and really not allowed to fully take, even though 30 days are given. ET’s favorite employees are known across the Bank and always given opportunities. Managers are not held accountable and if you are a favorite then you get a pass. HR controlling remote work and forcing people to be on camera for meetings. A lot of talk about diversity but no opportunities for people of color. Probably not the best workplace for people of color.

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FHLBank Chicago Response
5y
Thank you for taking the time to share your comments regarding your experience at the Federal Home Loan Bank of Chicago. We take all feedback seriously. Let us start by telling you that we are grateful that you are currently part of our team. This means there is certainly an opportunity for us to work with you to better understand how we can overcome these challenges together. We invite the opportunity to speak with you directly to learn more about your frustrations. • Paid Time Off (PTO): We offer generous vacation days because we want employees to unplug and enjoy their personal time. If PTO is not being valued across teams, we can look into this matter and hope you will inform us if interrupted time off continues to be a concern. • Accountability: We stress accountability throughout our performance management process because it is an integral piece in building trust, learning from our mistakes, and creating strong teams. Managers and employees go through continuous coaching on what it means to be accountable – but if you are not seeing this in practice, we want to know more so we can identify the disconnect and course-correct as needed. • Diversity, Equity, and Inclusion (DEI): Here at the Bank, DEI is of utmost importance. From job growth opportunities to comfortability with virtual work, we strive to ensure everyone has the tools and support they need to be successful. When this is not an employee’s experience, it concerns us, and we want to address it. Your HR Business Partner and our Office of Diversity, Equity, and Inclusion are here to listen and directly tackle anything that is inconsistent with our culture and our commitments to our employees. Thank you for your continued service to the Bank and honest feedback. We hope to connect soon to learn more. Whether we get to speak to you directly or not, know that we hear you. Your comments are being reviewed thoughtfully and will help us continue fostering a culture that prioritizes each employee’s professional growth and overall experience.
1.0
Mar 6, 2021

No

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Good bonus structure, awarded in February

Cons

Lots of tension among senior leaders. Cut throat atmosphere where people take credit for ideas that didn't originate from them

Viewing 97 - 99 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.