FHLBank Chicago reviews

3.2

48% would recommend to a friend

(167 total reviews)
avatar

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
1.0
Oct 14, 2022
Recommend
CEO approval
Business Outlook

Pros

None- you get treated like a dog day one

Cons

Worst company that I've ever worked for. Leadership is godawful, senior management doesn't care, and hr is just there to gaslight you and make you feel worthless.

avatar
FHLBank Chicago Response
3y
We are disappointed to hear about your experience and hope that you will continue to find the support that you need. We are proud of our award winning culture - named as a Chicago Tribune Top Workplace in 2020 and 2021. Our employees’ feedback made us eligible for this incredible honor and our mission-driven organization gives all employees a sense of purpose to bring their best selves to work.
1.0
Aug 1, 2022

Aweful

Recommend
CEO approval
Business Outlook

Pros

Nothing at all I can think of

Cons

~ Constant infighting ~ Political ~ Pension worth 0 until 5 years in ~ Poor leadership ~ No accountability ~ Positions unfilled mean more work for everybody ~ Pushed a bunch of people out during a hiring crisis (smart!) ~ No jab, no job (doesn't stop transmission! absolutely pointless!) ~ Obsession with D&I over work ~ Fear of retribution ~ Dated technology nobody seems to be fixing ~ Feet drag on new products ~ Do we have an IT department??

1.0
Nov 2, 2021

Not the best place to work

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The usual that people say pay, pto, and benefits

Cons

This is to be a great place to work but in the last 2 years the Bank has drastically changed for the worse. The Bank use to offer a great work/life balance and now employees work late into the evenings and on the weekends. The reason for this is because during the work day meetings take over everyone's calendar, so working late hours during the week and weekends is the only way to get work done. There is a very generous PTO plan but rarely do employees get to take their pto because Senior Leaders constantly disturb people while on vacation. If you are a favorite you can have any job at the bank or be promoted into a role with no experience - HR is a great example of this. POC are constantly ignored and never promoted yet DEI takes up everyone's time. Senior leaders waste everyone's time with their requests that have nothing to do with one's job or the Bank. Talk about return the bank in a hybrid model is exhausting and useless - each leader will do whatever they want as always. Not sure where the bank is headed and it's really sad.

avatar
FHLBank Chicago Response
4y
Thank you for sharing your experience. We are always looking for opportunities to improve the way we work. Based on employee feedback, we recently began an effort to address our meeting culture at the Bank and are actively working with employees and focus groups to make meetings more efficient. This is part of our overall goal to ensure a work/life balance for employees, encouraging them to disconnect when needed and collaborate with team members to tackle projects. We are proud of the continued growth of our employees across the Bank. Promotions are earned and employees’ careers are supported through our robust performance management and leadership programs. We value diversity, equity, and inclusion and ensure employees are provided the same opportunities to grow their careers. We also value transparency and feedback. The pandemic has proven difficult for many organizations, and being open and communicative with our employees has been crucial to keeping everyone up to date on our plans as they evolve. We are excited to move forward together and continue identifying solutions to make the Bank a great place to work for all.
Viewing 16 - 18 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.