Federal Home Loan Bank of Chicago Culture | Comparably
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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

Federal Home Loan Bank of Chicago Company Culture

Federal Home Loan Bank of Chicago Culture

This score is derived from employee ratings & reviews
3.3/5
Federal Home Loan Bank of Chicago's Overall Culture is rated C

Top Rated Culture Dimensions

Federal Home Loan Bank of Chicago CEO

Top 25%Top 25% of Similar Size Companies on Comparably
Michael Ericson Federal Home Loan Bank of Chicago's CEO
Michael Ericson
74 /100

Diversity at Federal Home Loan Bank of Chicago

Bottom 30%Bottom 30% of Similar Size Companies on Comparably
C-

Diverse employees at Federal Home Loan Bank of Chicago have rated Happiness, Perks And Benefits, and Manager as the highest categories they have scored

Women at Federal Home Loan Bank of Chicago

Federal Home Loan Bank of Chicago eNPS

Net Promoter Score tracks your employees' overall score to this question: "On a scale from 0-10, how likely are you to recommend working at your company to a friend?"
Top 50%Top 50% of Similar Size Companies on Comparably

Recommend to a Friend?

0

Federal Home Loan Bank of Chicago employees are 0% more likely to recommend Federal Home Loan Bank of Chicago as a great place to work

50%Promoters
0%Passives
50%Detractors

Working at Federal Home Loan Bank of Chicago

Working at Federal Home Loan Bank of Chicago is rated below average by 11 employees, across various culture dimensions. Federal Home Loan Bank of Chicago employees rate CEO Rating highest among all categories, and think that Professional Development and Executive Team have the most room for improvement, putting Federal Home Loan Bank of Chicago’s culture in the Bottom 45% compared to similar sized companies on Comparably and in the Bottom 45% compared to other companies in Chicago. See below in detail how working at Federal Home Loan Bank of Chicago was rated by employees.

Overall Company Culture at Federal Home Loan Bank of Chicago

C

Overall Company Culture at Federal Home Loan Bank of Chicago is rated C

Last updated months ago

Bottom
45%

Federal Home Loan Bank of Chicago ranks in the Bottom 45% of other companies on Comparably with 201-500 Employees for Overall Company Culture Score

Federal Home Loan Bank of Chicago Employee Reviews

Out of 5 Federal Home Loan Bank of Chicago employee reviews, 50% were positive. The remaining 50% were constructive reviews with the goal of helping Federal Home Loan Bank of Chicago improve their work culture.

50%
50%
Positive Reviews50%
Constructive Feedback50%

Positive Reviews From Federal Home Loan Bank of Chicago Employees

  • What did you like most about the interview process?
    I liked being able to meet the people Imwould mainly be working with.
  • What is most positive about the culture and environment at your company?
    The positive is we get $5.00 off ordering lunch each day.

Constructive Feedback From Federal Home Loan Bank of Chicago Employees

  • Why do you feel undervalued and what would make you feel better about your compensation?
    Transparency. There are a lot of secret bonuses
  • What does the leadership team need to get better at?
    Learning how to communicate better

Federal Home Loan Bank of Chicago Company Information

Federal Home Loan Bank of Chicago Company Overview

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.

Federal Home Loan Bank of Chicago Mission, Vision & Values

Federal Home Loan Bank of Chicago Mission & Values

To partner with our members in Illinois and Wisconsin to provide them competitively priced funding, a reasonable return on their investment in the Bank, and support for their community investment activities.

Headquarter433 West Van Buren Street, Suite 501S
Chicago, IL 60607
United States of America
Websitewww.fhlbc.com
Founding Date1932
Tel312-565-5700
Company StatusPrivate
Jobswww.fhlbc.com/about-us/careers

Federal Home Loan Bank of Chicago Competitors

Federal Home Loan Bank of Chicago competitors include Wintrust Financial Corporation, BMO Harris Bank, and J.P. Morgan Asset Management. Federal Home Loan Bank of Chicago ranks 3rd in Overall Culture Score on Comparably vs its competitors. See below how Federal Home Loan Bank of Chicago compares to its competitors with CEO Rankings, Product & Services, NPS, Pricing, Customer Services, Overall Culture Score, eNPS, Gender and Diversity Scores.

  1. #1
    Wintrust Financial Corporation's Logo
    Wintrust Financial Corporation
    3.7/5
  2. #2
    BMO Harris Bank's Logo
    BMO Harris Bank
    3.5/5
  3. #3
    Federal Home Loan Bank of Chicago's Logo
    Federal Home Loan Bank of Chicago
    3.3/5
  4. #4
    J.P. Morgan Asset Management's Logo
    J.P. Morgan Asset Management
    3.3/5
  • Volunteering with Habitat for Humanity
  • Old Post Office Library
  • Old Post Office
  • Old Post Office

Federal Home Loan Bank of Chicago Employees

11 employees at Federal Home Loan Bank of Chicago have reviewed Federal Home Loan Bank of Chicago across various culture dimensions, providing their opinions on items ranging from executive ratings to the pace at work. The latest review was months ago.

Overall, the 11 Federal Home Loan Bank of Chicago employees give their leadership a grade of C-, or Bottom 35% of similar size companies on Comparably. This includes specific ratings of their executive team, CEO, and manager.

Employees at Federal Home Loan Bank of Chicago are generally satisfied with their total compensation at Federal Home Loan Bank of Chicago, which includes a combination of pay, stock and equity, and benefits.

Overall, employees at Federal Home Loan Bank of Chicago are generally satisfied with their team. 11 Participants grade the quality of their coworkers a C. The majority believe the meetings at Federal Home Loan Bank of Chicago are effective, and the majority look forward to interacting with their coworkers.

The majority of employees at Federal Home Loan Bank of Chicago believe the environment at Federal Home Loan Bank of Chicago is positive. Most Participants believe the pace of work at Federal Home Loan Bank of Chicago is extremely fast. About 75% of the employees at Federal Home Loan Bank of Chicago work 8 hours or less.

Overall, the employees at Federal Home Loan Bank of Chicago are happy, based on their aggregated ratings of future outlook, customer perception, and their excitement going to work.

Joining Federal Home Loan Bank of Chicago - Employee Onboarding

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.

Federal Home Loan Bank of Chicago KPIs and OKRs

Employees’ understanding of Federal Home Loan Bank of Chicago's KPIs and OKRs is essential for its success. Out of 2 Federal Home Loan Bank of Chicago employees who’ve answered, “Are your company’s goals clear and are you invested in them?” 2 have said yes.

AnswerPercent
Yes100%
No0%
Are your company's goals clear, and are you invested in them?
AnswerPercent
Yes0%
No100%
Are the KPIs/OKRs for your department clear?

Federal Home Loan Bank of Chicago Salaries

How much does Federal Home Loan Bank of Chicago pay?

How much do people at Federal Home Loan Bank of Chicago get paid? See the latest salaries by department and job title. The average estimated annual salary, including base and bonus, at Federal Home Loan Bank of Chicago is $70,187, or $33 per hour, while the estimated median salary is $250,991, or $120 per hour.

At Federal Home Loan Bank of Chicago, the highest paid job is a Sales Rep at $135,144 annually and the lowest is a Sales Associate at $40,164 annually. Average Federal Home Loan Bank of Chicago salaries by department include: Finance at $59,858, Business Development at $82,957, HR at $82,175, and IT at $113,584. Half of Federal Home Loan Bank of Chicago salaries are above $250,991.

6 employees at Federal Home Loan Bank of Chicago rank their Compensation in the Top 30% of similar sized companies in the US (based on 21 ratings) while 7 employees at Federal Home Loan Bank of Chicago rank their Perks And Benefits in the Top 25% of similar sized companies in the US (based on 10 ratings).

Last updated months ago.

1st Percentile
$105k
$105k1st Percentile
20th Percentile
$163k
$163k20th Percentile
40th Percentile
$241k
$241k40th Percentile
60th Percentile
$251k
$251k60th Percentile
80th Percentile
$305k
$305k80th Percentile
100th Percentile
$354k
$354k100th Percentile
$70,187*
Average Compensation
$250,991*
Median Compensation

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

Federal Home Loan Bank of Chicago Salaries by Department

Explore Federal Home Loan Bank of Chicago Salaries

Diversity & Inclusion at Federal Home Loan Bank of Chicago

Diverse employees at Federal Home Loan Bank of Chicago score the company 65/100 across various culture categories, placing Federal Home Loan Bank of Chicago in the Bottom 30% of companies on Comparably with 201-500 Employees for Comparably's diversity score. The Diversity score provides insights into how diverse employees feel and rate their work experience at Federal Home Loan Bank of Chicago across various culture dimensions.

Ranked Culture the Highest

Women N/A/100
Men N/A/100
Diverse Employees N/A/100

Ranked Culture the Lowest

Women N/A/100
Men N/A/100
Diverse Employees N/A/100

Federal Home Loan Bank of Chicago Perks & Benefits

Health & Wellness

  • Dental Insurance
  • Health Insurance

Federal Home Loan Bank of Chicago PTO

Federal Home Loan Bank of Chicago's PTO and Vacation policy typically gives 15-20 days off a year. Federal Home Loan Bank of Chicago's benefits and PTO Package averages to represent a $2500+ cash value per month.

AnswerPercent
Flex Time50%
Vacation Policy0%
Office Meals50%
401k Contribution0%
Childcare0%
Other than healthcare, which of the following benefits is most important to you?
AnswerPercent
Yes0%
No0%
Does your boss expect you to work when you're on vacation?
AnswerPercent
$2500+/mo67%
$1500 - $2500/mo0%
$1000 -$1500/mo0%
$500 -$1000/mo33%
Less than $500/mo0%
What do you estimate the cash value of your benefits to be? Healthcare, PTO, etc?

Federal Home Loan Bank of Chicago Careers

Federal Home Loan Bank of Chicago Jobs

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Frequently Asked Questions regarding Federal Home Loan Bank of Chicago

What is Federal Home Loan Bank of Chicago address?

Federal Home Loan Bank of Chicago location is at 433 West Van Buren Street, Suite 501S

Who is the CEO of Federal Home Loan Bank of Chicago?

Federal Home Loan Bank of Chicago CEO is Michael Ericson, their score by employees is 74

What is the salary for IT Manager in Federal Home Loan Bank of Chicago?

IT Manager average salary in the US is 119k

What are the salaries in the Sales in Federal Home Loan Bank of Chicago?

The average salaries for Sales in Federal Home Loan Bank of Chicago is 111k

Who are Federal Home Loan Bank of Chicago competitors?

Federal Home Loan Bank of Chicago main competitors are Wintrust Financial Corporation, BMO Harris Bank, J.P. Morgan Asset Management

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