FHLBank Chicago reviews

3.2

48% would recommend to a friend

(167 total reviews)
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Michael Ericson

48% approve of CEO

57% positive business outlook

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
4.0
Jul 13, 2018

Good Opportunity

Recommend
CEO approval
Business Outlook

Pros

Great to feel that your work is helping the community. The people are great to work with. I enjoyed my collegues very much. Upper leadership is wonderful, very knowledgeable and genuinely engaged in promoting a strong, diverse, and supportive culture. The most diverse work environment I have ever encountered. Generally employees appreciate and support each other. Work life balance is strong.

Cons

Work satisfaction dependent upon your manager. Upper management is working to enhance culture but not all mid-level management supports new ideas. There is a lot of institutional knowledge as many employees have long tenures, this can make learning a challenge as you need to interpret the perspective of the person speaking. It is easy for long timers to take for granted that everyone just knows what they mean. There is a 90 day probationary period HR never mentions until day one.

2.0
Jul 6, 2018

Too much micro managemen

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Pretty laid back working hours, great office location in the loop, good pay and benefits

Cons

Management - managers get promoted and have responsibilities that they are not trained for. This leads to micro management and poor working environment for employees. You will never feel like you are truly valued unless you are management, everyone else is just a worker bee.

2.0
Apr 16, 2018

A lot of things going for it, but...

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great financial products and is a Government Sponsored Entity which gives it stability

Cons

Entrenched management that will never retire and refuses to listen to new ideas.

Viewing 121 - 123 of 167 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.