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      FHLBank Chicago

      Engaged Employer

      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

      Ratings by demographic groups

      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
      2.0
      Jul 31, 2025

      Low morale

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      Great benefits. Free coffee and tea.

      Cons

      No longer flexible and work life friendly. Enormous amount of focus on swipes (for salaried employees). HR is not trusted. ET is indecisive. Reorganization and changing department names without any real changes and do it often. Create more high level management positions without developing within. Layoff people then create new roles the next day. Employee morale is low. Fluff and photo ops to pretend it isn’t or ET just doesn’t care. Return to office is going to make a bad environment worse. Too much reliance on consultants.

      avatar
      FHLBank Chicago Response
      11mo
      Our Executive Team, HR partners, and leaders across the Bank are committed to listening, learning, and making thoughtful decisions to help position us for long-term success. That includes investing in professional development, optimizing our operations, and providing flexibility and opportunities for meaningful dialogue and collaboration. Achieving transformational change for the betterment of our organization requires employees at all levels to be accountable for their work and each other. We all have a role to play in advancing our mission in support of our members and their communities.
      3.0
      Jul 7, 2025

      Once was a great company

      Technical support representative
      Recommend
      CEO approval
      Business Outlook

      Pros

      The pay and the location

      Cons

      Micromanagement and Favoritism and HR witchhunts

      avatar
      FHLBank Chicago Response
      12mo
      Our commitment to our employees goes beyond pay and office environment to include total rewards, benefits, training and professional development opportunities, a comprehensive performance management review process, and a mission-oriented culture to support our members and their communities. Our HR and management teams support employees at all levels to deliver priorities for our organization and our members. While management and communication styles vary, FHLBank Chicago seeks employee feedback through several sources to improve our culture and working experience.
      3.0
      May 14, 2024

      Great place except for a few very bad apples

      Associate
      Recommend
      CEO approval
      Business Outlook

      Pros

      Beautiful location, good pay, decent benefits, most people were great to work with

      Cons

      Unfortunately worked with/for the biggest micro-managing person there. People walked on eggshells around the exec and communication style was horrible at best.

      avatar
      FHLBank Chicago Response
      2y
      We agree that our location, office environment, benefits, and talented staff make FHLBank Chicago a great place to work. We understand that there are a variety of management styles, and that communication is essential to finding the right balance. We invest in many areas for feedback – leadership training, DEI learning opportunities, our comprehensive performance management review process, evaluation and feedback, and professional development. Our HR team works to support all employees for a respectful culture where our talented staff at all levels can support our organization, our members and their communities.
      Viewing 40 - 42 of 167 Reviews
      Related searches: FHLBank Chicago jobs | FHLBank Chicago salaries | FHLBank Chicago benefits | FHLBank Chicago interviews
      ReviewsFHLBank Chicago 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.