Does FHLBank Chicago pay their employees well?

According to anonymously submitted Glassdoor reviews, FHLBank Chicago employees rate their compensation and benefits as 3.5 out of 5. Find out more about salaries and benefits at FHLBank Chicago. This rating has decreased by 7% over the last 12 months.

How satisfied are employees working at FHLBank Chicago?

48% of FHLBank Chicago employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated FHLBank Chicago 3.2 out of 5 for work life balance, 3.2 for culture and values and 2.8 for career opportunities.

What are the top reviewed jobs at FHLBank Chicago?

Analyst (8) , Intern (5) , Manager (5) , Intern - Hourly (3) , Internship (3) , Risk Analyst (3) , Rotational Analyst (3) , AVP-Operations (2) , Associate (2) , Business Analyst (2) , Director (2) , Executive Assistant (2) , IT Engineer (2) , Senior Accountant (2) , Senior Analyst (2)

What are the pros of working at FHLBank Chicago according to real employee reviews?

"Good Benefits and 401K Plan" ((in 31 reviews)); "Great people to work with." ((in 19 reviews)); "work life balance is good" ((in 8 reviews)); "Great work life balance as well as great benefits" ((in 5 reviews)); "Good pay and respectable staff" ((in 5 reviews))

What are the cons of working at FHLBank Chicago according to real employee reviews?

"Management somewhat detached." ((in 10 reviews)); "Currently, accomplishments and contributions are only acknowledged if a manager or co" ((in 7 reviews)); "aggressive culture where no one wants to own anything and pass" ((in 7 reviews)); "senior leadership must wake up now!! management dont seem to care as long as they win diversity awards." ((in 5 reviews)); "Low Morale" ((in 4 reviews))

What are employees saying about FHLBank Chicago layoffs in 2026?

Explore Glassdoor’s employee reviews to understand what current and former employees are saying about FHLBank Chicago layoffs and their outlook for job security at FHLBank Chicago in 2026.

FHLBank Chicago reviews

3.2

48% would recommend to a friend

(167 total reviews)

Michael Ericson

48% approve of CEO

57% positive business outlook

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

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

3.0

Jul 24, 2019

People are great, president is phenomenal, not much room for growth

Analyst

Recommend

CEO approval

Business Outlook

Pros

Benefits are amazing, everyone is very willing to help you understand what they do at the bank. Three weeks of vacation along with sick days. flexible work schedule.

Cons

not much room for growth, people tend to stay in positions for very long time. More diversity in management is needed.

5.0

May 1, 2019

Great Culture and Benefits

Manager

Recommend

CEO approval

Business Outlook

Pros

Great atmosphere. Really engaged in improving diversity and inclusion. Good salary. Excellent medical and retirement (including pension). Work from home 1-2 days per week possible. Tuition re-imbursement program. Promotes from within, so there are growth opportunities.

Cons

There are not as many women in leadership positions as there could be.

3.0

Apr 9, 2019

Good Company

Senior analyst

Recommend

CEO approval

Business Outlook

Pros

Great people and friendly environment.

Cons

Management can be improved by hiring based on proficiencies.

Viewing 112 - 114 of 167 Reviews

Jobs at FHLBank Chicago

Sales & Strategy Analyst

FHLBank Chicago

FHLBank Chicago reviews

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People are great, president is phenomenal, not much room for growth

Great Culture and Benefits

Good Company

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