5.0
Jan 18, 2013
Current employee
Chicago, IL
Recommend
CEO approval
Business Outlook
Pros
The FHLBC is a great employer with amazing benefits. While the bank is small in employee size, it is huge in volume of clientele so you are exposed to many different facets of the mortgage banking industry. The salary is competitive with industry norms. However, the Benefits are unheard of... they pay for going back to school and getting your MBA and they also have a pension system for all full time employees. I didn't know places like this still existed.
Cons
As the bank's purpose is providing liquidity to the mortgage banking industry, you won't be exposed to other types of banking. As mortgage/wholesale banking isn't going anywhere though, this isn't really that horrible of a "con"...