FHLB Indianapolis reviews

4.0

70% would recommend to a friend

(41 total reviews)
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Cindy Konich

90% approve of CEO

75% positive business outlook

FHLB Indianapolis has an employee rating of 4.0 out of 5 stars, based on 41 company reviews on Glassdoor which indicates that most employees have a good working experience there. The FHLB Indianapolis employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

41 reviews
5.0
Sep 14, 2023
Recommend
CEO approval
Business Outlook

Pros

Very team oriented workplace that focuses on the bank’s mission statement daily

Cons

Fast moving environment with high expectations

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FHLB Indianapolis Response
2y
Thank you for letting us know of your experience. We truly value our employees and their experiences at the Bank. We have five Guiding Principles in place that we exemplify and integrate within our work, which also directs how we interact with others. This contributes to a supportive and inclusive work environment and promotes teamwork. Given we tend to hire extremely talented employees, that does sometimes translate to us all having high expectations for ourselves as we all want to do our best to ensure the success of the organization.
3.0
Sep 7, 2023
Recommend
CEO approval
Business Outlook

Pros

Great benefits. Great people. Good learning environment. Culture between departments and employees has improved significantly.

Cons

Management at higher levels fail to understand and react to challenges within the company at lower levels. There is a huge disconnect in communication as well. On top of that, feedback and survey programs rarely lead to change.

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FHLB Indianapolis Response
2y
Thank you for your comments, as we continuously evaluate our Total Rewards and have been intentionally focused on learning and growth and the culture of our organization. We appreciate your feedback as we look to continue those things that we do well and improve in areas where there's opportunity. We continue to leverage our HR Suggestion Box; those submissions are reviewed and discussed on a weekly basis to help us continue to focus on ways to improve across the organization. In addition, feedback gathered from other channels such as stay interviews, focus groups, and ERGs, for example, is also discussed by HR and ODEI with management, resulting in related recommendations and action plans. An FHLBank Indianapolis employee would be happy to speak with you regarding any concerns or challenges you have. Please contact your manager, your HR Business Partner or another trusted leader in the organization to discuss how we can assist.
3.0
Sep 6, 2023
Recommend
CEO approval
Business Outlook

Pros

The pros are that the job allows a flexible hybrid schedule with great pay and benefits. Sick time, Loan Assistance, Insurance, etc.

Cons

The downsides are that the management and culture are lacking. There is very little communication, training, and organization. It is also highly regulated so any mess up is a big one.

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FHLB Indianapolis Response
2y
Thank you for your comments. We appreciate your feedback regarding our Total Rewards, which we continuously evaluate. However, we are always looking to improve in areas where there's opportunity. We are a regulated entity which comes with its own expectations and requirements; however, it also helps ensure we are a safe and sound organization, resulting in a stable environment for our employees and our members. We strive to communicate with employees as much as possible and that has increased over the years with our bankwide intranet page, weekly news digests, monthly staff meetings led by our President/CEO in partnership with senior management and period HR/DEI News updates. Regarding training, we have a dedicated training and development budget for both technical and soft skills, which is set based on input from management across the bank reflecting the current and future needs of the bank and our employees. An FHLBank Indianapolis employee would be happy to speak with you regarding any concerns or challenges you have. Please contact your manager, your HR Business Partner or another trusted leader in the organization to discuss how we can assist.
Viewing 10 - 12 of 41 Reviews

Glassdoor has 53 FHLB Indianapolis reviews submitted anonymously by FHLB Indianapolis employees. Read employee reviews and ratings on Glassdoor to decide if FHLB Indianapolis is right for you.