FDIC

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FDIC Reviews

159 Reviews
4.1
159 Reviews
Rating Trends

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FDIC Acting Chairman Martin J. Gruenberg
Martin J. Gruenberg
51 Ratings
  •  

    I had a great experience working for the FDIC as a financial institution intern over the summer!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Intern - Financial Institution
    Former Intern - Financial Institution

    I worked at FDIC as an intern (less than a year)

    Pros

    I'd recommend an internship here to any business undergrad because you receive competitive pay, have a flexible work schedule (with mostly all 3 day weekends), work with people who are very willing to help you, and have the opportunity to come back and intern over future school breaks.

    Cons

    I traveled frequently while working here. This could be a pro/con depending on your perspective. I was given a reasonable amount of responsibility for an intern, but I still found myself twiddling my thumbs more than I preferred.

    Advice to ManagementAdvice

    For the internship program, management could do a better job of giving interns a consistent supervisor/mentor to report to. I enjoyed working with a new team of people every exam because it helped me get to know everyone at the office, but designating a specific mentor or supervisor for each intern would be beneficial.

    Recommends
    Neutral Outlook
    No opinion of CEO

FDIC Interviews

Updated Jan 16, 2015
Updated Jan 16, 2015

Interview Experience

Interview Experience

66%
24%
9%

Getting an Interview

Getting an Interview

82%
9%
3%

Interview Difficulty

3.1
Average

Interview Difficulty

Hard

Average

Easy
  1.  

    Financial Institution Specialist Interview

    Anonymous Interview Candidate
    Anonymous Interview Candidate
    Application Details

    I applied online. The process took 3 daysinterviewed at FDIC in January 2015.

    Interview Details

    The interview was conducted over a span of two days with an offer being extended after breakfast on the third day. This a testing interview and there are plenty of things they are looking for: initiative, teamwork, and how well you fit in the culture. They also look for you to justify any decisions made during the tests.

    The process is nerve-racking. Out of 44 people, 13 were hired. I don't believe all field offices were able to pick someone; according to another applicant hiring managers are unable to pick anyone who scores below a certain threshold. If you fail too many of the tests and the interview, then you won't be hired. Some of the people offered the position felt they did poorly in one test but average/above average on the rest, so doing poorly in one area won't hurt you too badly.

    And don't be afraid to make a social faux pas. I made one. Another guy made one. We were both hired. You're going up against accounting experience, advanced degrees, and veterans. It's a tough competition. You'll be tempted to act like a shark - don't. No one who received an offer acted that way. Be polite, make friends with your group, discuss the position with your recruiter and your interviewers, and more importantly make sure the FDIC is the right place for you.

    Interview Questions
    • They have themes for each question, of which there are four. I would go in knowing three or four characteristics about yourself you'd like to share with them and have one or two examples for each one. All of the questions here already are similar to the questions I answered.   Answer Question
    Accepted Offer
    Positive Experience
    Difficult Interview

FDIC Awards & Accolades

Something missing? Add an award
Best Places To Work in the Federal Government (Large), Partnership for Public Service, 2009

Additional Info

Unlock Profile
Website www.fdic.gov
Headquarters Washington, DC
Size 5000+ Employees
Founded 1933
Type Government
Industry Finance
Revenue $10+ billion (USD) per year
Competitors Unknown

The FDIC is like money in the bank, only better. The Federal Insurance Corporation (FDIC) insures deposits and retirement accounts in member accounts for up to $250,000, protecting depositors in the event of bank failure. It also supervises financial institutions and manages failed banks. The FDIC is funded by member bank premiums for deposit insurance coverage and from earnings on investments in US Treasury securities. It insures more than $3 trillion of deposits, covering virtually every bank in the country. (It does not cover mutual funds, securities, or related... More

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