First things first - you'll see a lot of positive reviews from interns and first year employees, as the company tries to use smoke and mirrors to get new talent in the door, by offering them to meet the board and senior leadership. This illusion wears away quickly kids. They only do this because you're cheap capital and they pay $0 for your pension benefit.
There's no work life balance here, and at all costs refrain from working here if you want to enjoy life outside of work or aspire to have a family without being an miserable wrench. If you work in Capital Markets or anything Finance related, you'll be luck to have a pet that won't die in the first year. These groups don't care about the vacation policies that HR will sell you on and will try to terminate you if you speak of any of your benefits. They sell you the benefits during the recruiting phase, but you quickly learn that you are not allowed to take a lunch, go to the bathroom, take a vacation, or get all of the Federal Holidays off. The FHFA should investigate this.
The company is not transparent with younger staff about their benefits and how mid-senior level managers get a Long Term Incentive bonus on top of their hefty pensions (younger employees I encourage you to reach out to Pentegra to see what your pension would be worth, if you had the same years of service but were older than 45 years old - you'll quickly see that they are taking advantage of you).
Younger folks are much better off working at start-up companies or mature companies that allow them to purchase discounted stock, as the FHLBC retained earnings is earmarked for the older pensioners and stockholder's dividend payments, not the younger folks who will either be pushed out after 10 years (plenty of cases - myself included) or leave because of lack of promotional opportunities.
This is not an attempt for some _includedescription_person_ to blow off some steam and write a scathing review. I truly mean this with all of my being -- this is not a place that will appreciate you young or old (especially if you have ailments). You will be treated as a widget just like I and the many before me. You will be doing yourself a favor by not working here -- trust me.
