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)); "work life balance is good" ((in 10 reviews)); "Good pay and respectable staff" ((in 7 reviews)); "Salary is GOOD" ((in 7 reviews))

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

"Management somewhat detached." ((in 9 reviews)); "aggressive culture where no one wants to own anything and pass" ((in 7 reviews)); "Currently, accomplishments and contributions are only acknowledged if a manager or co" ((in 6 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 redundancies in 2026?

Explore Glassdoor’s employee reviews to understand what current and former employees are saying about FHLBank Chicago redundancy 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

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 Finance industry (3.7 stars).

Reviews by job title

167 reviews

1.0

26 May 2026

Great work environment, but limited growth opportunities

Risk analyst

Recommend

CEO approval

Business outlook

Pros

Great work and freedom to explore.

Cons

Very limited growth opportunities, often holding you back.

3.0

15 May 2026

Nice office space, but miss remote work option

Anonymous employee

Recommend

CEO approval

Business outlook

Pros

Nice office space at the OPO

Cons

Miss the 2 days at home option.

3.0

24 Apr 2026

Work-life balance hindered by office attendance requirements

Strategy & solutions associate

Recommend

CEO approval

Business outlook

Pros

work life balance is good

Cons

4-5 days in office required, lack of flexibility

Viewing 1 - 3 of 167 Reviews

Jobs at FHLBank Chicago

Model Risk Analyst

Chicago, IL

USD 75K - USD 126K /yr

USD 151K - USD 266K /yr

(Employer provided)

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Director, Strategic Portfolio Management

Chicago, IL

USD 181K - USD 319K /yr

(Employer provided)

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Risk Analyst Income Simulation

Chicago, IL

USD 75K - USD 126K /yr

(Employer provided)

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Grant and Data Operations Manager

Chicago, IL

USD 108K - USD 181K /yr

(Employer provided)

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