Federal Home Loan Bank of Chicago Claimed Company

The mission of the Federal Home Loan Bank of Chicago is to partner with our member institutions in Illinois and Wisconsin to provide them competitively priced funding, a reasonable return on their investment in the Bank, and support for community investment activities. FHLBank Chicago is one of 11 Federal Home Loan Banks chartered by the U.S. Congress in 1932 to promote homeownership. Our members include banks, thrifts, credit unions, insurance companies, and community development financial institutions throughout our District. read more

EMPLOYEE PARTICIPANTS: 11

TOTAL RATINGS: 151

CEO: Michael Ericson

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Joining Federal Home Loan Bank of Chicago - Employee Onboarding

Employee Sentiment

The prevailing opinion from employees about joining Federal Home Loan Bank of Chicago is that the company was unprepared on their first day. Federal Home Loan Bank of Chicago employees concluded that their overall onboarding experience was positive. 100% said their direct manager was helpful with their acclimation during the first 90 days. First impressions are important, and how prepared a company is on your first day leaves a lasting impression.

Answer	Percent
Yes	100%
No	0%

Did you have a positive onboarding experience when you were hired at your current company?

Answer	Percent
Very Prepared	0%
Prepared	0%
Somewhat Prepared	0%
Unprepared	100%
Very Unprepared	0%

How prepared was your company on your first day of onboarding?

Answer	Percent
Yes	100%
No	0%

Was your direct manager helpful with your onboarding during your first 90 days?

Meet Your Managers

Your direct manager highly affects your experience at a company; overall managers at Federal Home Loan Bank of Chicago are rated a D+. At Federal Home Loan Bank of Chicago most employees said they received feedback never or every week. Learn More about your managers at Federal Home Loan Bank of Chicago.

Answer	Percent
Every week	33%
Once a month	0%
Once a quarter	33%
Once a year	0%
Never	34%

How often do you get valuable feedback on how to improve at work?

Answer	Percent
Yes	0%
No	0%

Does your boss expect you to work when you're on vacation?

Answer	Percent
Yes	0%
No	100%

Do you feel comfortable giving your boss negative feedback?

Negotiate Salary

If you think you and your skill set should be valued higher than your offer, negotiate your salary! 50% of employees at Federal Home Loan Bank of Chicago said they negotiated their salaries. On average, Federal Home Loan Bank of Chicago employees earn $70,187. Federal Home Loan Bank of Chicago ranks in the Top 30% for compensation in Chicago. Learn More about Salaries at Federal Home Loan Bank of Chicago.

Average Salaries at Federal Home Loan Bank of Chicago by Department

$80k*

Design

$70k*

Marketing

$74k*

Operations

$46k*

Admin

$83k*

Business Dev

$60k*

Finance

$46k*

Customer Support

$82k*

$114k*

$111k*

Sales

^* Estimated salaries Estimated salaries are based on data provided anonymously by employees and/or estimated by other statistical methods.

Get Acclimated

Now that you’ve joined Federal Home Loan Bank of Chicago, get acclimated. Is lunch a social time or do people sit at their desks? At Federal Home Loan Bank of Chicago the most common answer selected by employees is a 1 hour break. Understand your coworkers and why they’ve chosen to stay at Federal Home Loan Bank of Chicago, many employees say it’s because of the comp & benefits.

Answer	Percent
Company Mission	0%
Comp & Benefits	67%
Co-Workers	33%
Comfort & Familiarity	0%
Career Advancement Opportunities	0%

What's the main reason you stay at your current company?

Answer	Percent
>1 hour	0%
1 hour	50%
45 minutes	0%
30 minutes	50%
I eat at my desk	0%

How long do you take for lunch breaks?

Answer	Percent
Multiple times a week	0%
Once a week	0%
Once a month	50%
Once a quarter	50%
Never	0%

How often do you socialize with team members outside of work?

Professional Development

Federal Home Loan Bank of Chicago ranks in the Bottom 10% of companies for professional development in Chicago. 33% of employees said they had a mentor at the office. Learn More about Professional Development at Federal Home Loan Bank of Chicago.

Answer	Percent
Yes	33%
No	67%

Do you have a mentor at work?

Answer	Percent
Yes	0%
No	100%

Does your current company provide you meaningful opportunities for career advancement?

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