How do employees rate FHLBank Chicago?

Employees rate FHLBank Chicago 3.2 out of 5 stars based on 169 anonymous reviews on Glassdoor.

How can I get a job at FHLBank Chicago?

To get a job at FHLBank Chicago, browse currently open positions and apply for a job near you. Once you get a positive response, make sure to find out about the interview process at FHLBank Chicago and prepare for tough questions.

Do people recommend working at FHLBank Chicago?

Overall, 46% of employees would recommend working at FHLBank Chicago to a friend. This is based on 169 anonymously submitted reviews on Glassdoor.

How do job seekers rate their interview experience at FHLBank Chicago?

61% of job seekers rate their interview experience at FHLBank Chicago as positive. Candidates give an average difficulty score of 2.7 out of 5 (where 5 is the highest level of difficulty) for their job interview at FHLBank Chicago.

How do employees rate the business outlook for FHLBank Chicago?

53% of employees think that FHLBank Chicago has a positive business outlook . This is based on anonymous employee reviews submitted on Glassdoor.

Working at FHLBank Chicago

FHLBank Chicago Snapshot

3.2

based on 168 ratings

46% would recommend to a friend

Michael Ericson

44% approve of CEO

1 OfficeLocations

Description Our mission at FHLBank Chicago: To partner with our members in Illinois and Wisconsin to provide them competitively priced funding, a reasonable return on their investment, and support for their community investment activities.

Simply said, we're a bank for banks and other financial institutions, focused on being a strategic partner for our members and working together to reinvest in our communities, from urban centers to rural areas. Created by Congress in 1932, FHLBank Chicago is one of 11 Federal Home Loan Banks, government sponsored in support of mortgage lending and community investment.

Life at FHLBank Chicago

Why work with us?

About Us

Careers

Life at the Bank

College Programs

The Federal Home Loan Bank of Chicago is a wholesale bank and one of 11 district banks chartered in 1932 by the U.S. Congress to improve the availability of funds to support home ownership. FHLBank Chicago is a member-owned cooperative serving members in our district of Illinois and Wisconsin. All federally insured depository institutions, insurance companies engaged in residential housing finance, credit unions, and community development financial institutions located in our district are eligible to apply for membership. Today, the FHLB System, which is regulated by the Federal Housing Finance Agency, has more than 7,500 members.

FHLBank Chicago strives to be a valuable partner to our member financial institutions in Illinois and Wisconsin during all phases of financial and economic cycles. The mission of the Federal Home Loan Bank of Chicago is to partner with our member shareholders 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.

As a lender of low-cost, short- and long-term funding, we offer our members products with maturities ranging from one day to 30 years at competitive rates. These products take the form of fixed and adjustable rate secured loans, known as "advances," and standby letters of credit.

We also provide liquidity for home mortgage loans to members approved as participating financial institutions through the Mortgage Partnership Finance® (MPF®) Program. The MPF Program combines the retail expertise of community lenders with the wholesale advantages of the FHLBanks.

Company updates

FHLBank Chicago

5mo

At FHLBank Chicago, we’re proud to drive meaningful change and create opportunities that make a real difference for the communities we serve. As part of our corporate citizenship efforts, we’re grateful to partner with incredible organizations including Sarah's Circle, Cara Chicago, Foster Love, and Humble Design Chicago to make our continued impact possible. ...Show more

At FHLBank Chicago, we’re proud to drive meaningful change and create opportunities that make a real difference for the communities we serve. As part of our corporate citizenship efforts, we’re grateful to partner with incredible organizations including Sarah's Circle, Cara Chicago, Foster Love, and Humble Design Chicago to make our continued impact possible.

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FHLBank Chicago

6mo

Celebrate with us as we recognize our latest Excellence in Action Award recipients! Their innovative approaches, collaborative spirit, and impactful results showcase an unwavering dedication to excellence at FHLBank Chicago. ...Show more

Celebrate with us as we recognize our latest Excellence in Action Award recipients! Their innovative approaches, collaborative spirit, and impactful results showcase an unwavering dedication to excellence at FHLBank Chicago.

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FHLBank Chicago

6mo

Our team was honored to join the 23rd Annual Wake Up Your Spirit Breakfast hosted by DuPagePads, supporting efforts to end homelessness in DuPage County. During this event, attendees heard from keynote speaker Angie Walker, Homeless Program Manager with the City of Rockford Illinois Health & Human Services Department, as well as individuals whose lives have been transformed by services made possible through the generous support of organizations like DuPagePads. This event provided a valuable opportunity to engage with fellow leaders across Illinois who share a commitment to advancing affordable housing solutions....Show more

www.linkedin.com

Our team was honored to join the 23rd Annual Wake Up Your Spirit Breakfast hosted by DuPagePads, supporting efforts to end homelessness in DuPage County. During this event, attendees heard from... | Federal Home Loan Bank of Chicago

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FHLBank Chicago

7mo

This fall, FHLBank Chicago connected with housing leaders and advocates across Illinois and Wisconsin to advance affordable housing and economic development. These conferences – from emerging developer discussions to community land trust advocacy – demonstrate the power of partnership in driving real change across our region....Show more

This fall, FHLBank Chicago connected with housing leaders and advocates across Illinois and Wisconsin to advance affordable housing and economic development. These conferences – from emerging developer discussions to community land trust advocacy – demonstrate the power of partnership in driving real change across our region.

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FHLBank Chicago

7mo

We recently celebrated 93 years of FHLBank Chicago’s unwavering commitment to our members and communities across our district. From our founding in Evanston in 1932 to creating the Mortgage Partnership Finance Program in 1997, we’ve proudly partnered with members to drive affordable housing, economic growth, and opportunity across Illinois and Wisconsin. Here’s to almost a century of impact, and to the future we’re building together....Show more

We recently celebrated 93 years of FHLBank Chicago’s unwavering commitment to our members and communities across our district. From our founding in Evanston in 1932 to creating the Mortgage Partnership Finance Program in 1997, we’ve proudly partnered with members to drive affordable housing, economic growth, and opportunity across Illinois and Wisconsin. Here’s to almost a century of impact, and to the future we’re building together.

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Photos

FHLBank Chicago photo of: Employees in the Cafe of our new Office

Pledges & certifications

Tech hiring commitment
Helping to train, hire and promote more technology workers
Social responsibility pledge
Formal programs or foundation to give back to communities
First job programs
Maintain entry-level hiring and career development programs to give people career starts

Connect with FHLBank Chicago

Jobs at FHLBank Chicago

Manager Site Reliability Engineering

Manager IAM Operations

Strategic Procurement Manager

Employee reviews at FHLBank Chicago

FHLBank Chicago has an employee rating of 3.2 out of 5 stars, based on 168 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).

Ratings by category

3.5

Compensation and benefits

3.2

Work/Life balance

3.1

Culture & values

3.1

Diversity & inclusion

2.7

Senior management

2.7

Career opportunities

Employee reviews

Anonymous employeeCurrent employee

5.0

FHLBC Review

FHLBank Chicago

FHLBank Chicago Snapshot

Life at FHLBank Chicago