The Federal Home Loan Bank of Chicago

The Federal Home Loan Bank of Chicago Employee Review

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Small company with big impact
Analyst (Former Employee) –  Chicago, ILNovember 19, 2017
The Federal Home Loan Bank is an interesting bank that most people don't know about. They are a GSE (Government Sponsored Enterprise) that acts similar to other GSEs (i.e., Fannie and Freddie) by providing liquidity to community lending platforms. The Federal Home Loan Bank provides you the opportunity to learn a lot about banking as the bank is fairly small (<300 employees). However, given it is a GSE, they operate much like a government agency (i.e., slow and methodical).
Pros
not stressful, promotes flexibility
Cons
compensation is commensurate with a government job
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Other The Federal Home Loan Bank of Chicago Employee Reviews

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Great place
IT Compliance Analyst (Former Employee) –  Chicago, ILJanuary 6, 2018
Great environment and wonderful people. I would recommend anyone to work at this company. It can be quick paced but there are always people to help you.
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Disconnected Management
Senior Security Engineer (Former Employee) –  Chicago, ILAugust 18, 2017
IT management consists of micro-managers incapable of allowing employees to make decisions. There is little trust given to workers and staff is frequently questioned on decisions, over and over.
Pros
good location, easy hours
Cons
5 year requirement for retirement pension, micro-managed culture, no direction of IT, little investment in training
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Overall rating

4.4
Based on 13 reviews
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Ratings by category

Work/Life Balance
3.9
Salary/Benefits
4.1
Job Security/Advancement
3.8
Management
3.8
Culture
3.9