Company Values are Important - Anonymous employee FHLB Des Moines Employee Review

2.0
Feb 20, 2019
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Enjoyed working with most employees, benefits are good but not competitive with current times. Pay is good. Great training for new employees.

Cons

Leaders of the company do not demonstrate the values. Yell at people in front of others, don't hold all accountable for bad behavior or not doing their jobs. Almost more contractors than employees so hard to know who you are working with. Company culture and values are hard to determine as there are contractors who are making decisions, acting like they run the place, and are not made to uphold the stated company values. Ex. there are two in communications that are very rude, hard to work with, its their way or no way, and do not demonstrate the values of the organization and don't have to as they have been there longer than some employees and appear to be able to do whatever they want.

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FHLB Des Moines Response
7y
Thanks for sharing your observations and thoughts. Our core values are our foundation here at the Bank. I’d love to say that every employee and leader gets it right 100% of the time, but that would be untrue. We realize that people make mistakes. Our approach is to discuss those issues, provide leadership and coaching and ultimately live our values well. I would encourage you – wherever you’re working at – to say something if you see situations that aren’t consistent with the company’s values. The Bank has several ways for employees or leaders to say something if they see something. I’d invite you to contact me directly, if you feel comfortable. My open door policy is the same whether you’re employed here or not. While it’s true we use contractors and vendors to support our operations in short and long-term capacities, the number of contractors is far less than our 350 employees. It’s also important to note that contractors are not employees. Legally, that’s an important distinction. But, regardless of the terms of their contracts, we expect all of our contractors to respect and uphold our values. Thanks for sharing your talent with the Bank. I wish you all of the best in your career. Nancy Betz, Chief HR, Administrative and OMWI Officer, FHLB Des Moines

Explore other reviews about FHLB Des Moines

5.0
Dec 26, 2024
Recommend
CEO approval
Business Outlook

Pros

Mission driven organization. Strong benefits. Attention to culture. Really enjoy working with the members.

Cons

Unsure of advancement opportunities. Compliance and regulations (FHFA is regulator) are onerous.

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FHLB Des Moines Response
1y
Thank you for your review. The work we do for our members gives us a shared sense of purpose. And while we aren't a huge organization with endless opportunities to advance, we are a great mid-sized company with endless opportunities to develop!
4.0
Sep 2, 2025
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

good benefit for PTO etc

Cons

promotion is slow and fully decided by senior management team

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