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 33 reviews)); "Great people to work with." ((in 18 reviews)); "Offers good work life balance" ((in 8 reviews)); "Salary is GOOD" ((in 6 reviews)); "Medical, Dental, Vision Pension" ((in 5 reviews))

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

"Management somewhat detached." ((in 8 reviews)); "aggressive culture where no one wants to own anything and pass" ((in 8 reviews)); "Currently, accomplishments and contributions are only acknowledged if a manager or co" ((in 7 reviews)); "Pay not as high as market rates" ((in 5 reviews)); "senior leadership must wake up now!! management dont seem to care as long as they win diversity awards." ((in 5 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.

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FHLBank Chicago

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 category

3.5

Compensation and benefits

3.2

Culture & values

3.2

Diversity & inclusion

3.2

Work/Life balance

2.8

Senior management

2.8

Career opportunities

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).

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Reviews by job title

167 reviews

4.0

Oct 29, 2015

A Good Bank

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

There is more of a family feel to the company.

Cons

Perception is everything, but it does not reflect reality.

4.0

Oct 7, 2015

Positive and encouraging environment

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Low stress, friendly employees & culture, job security, high pay floor

Cons

Repetitive work, low pay ceiling

5.0

Aug 19, 2015

Analytics Intern

Analytics intern

Recommend

CEO approval

Business Outlook

Pros

Very nice and friendly coworkers. Everyone was always willing to help you out but also gave you enough space to work independently.

Cons

As an intern there weren't too many negatives. Sometimes the managers were very busy and it would be difficult to locate them if needed but other team members were always there to help out if you needed assistance.

Viewing 145 - 147 of 167 Reviews

Jobs at FHLBank Chicago

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