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
5.0
Sep 8, 2025

Wonderful place

Recommend
CEO approval
Business Outlook

Pros

Good benefits, people, fantastic mission

Cons

Shifting away from hybrid model to at least 4 days a week in office

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FHLBank Chicago Response
10mo
We agree FHLBank Chicago is a wonderful place, full of talented people dedicated to our mission!
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.

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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.
Viewing 13 - 15 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.