Recent Updates
  • FHLB Boston update
    8 days ago

    We’re hiring! Please join us on Thursday at the Diversity Career Fair to learn more about our career opportunities. We are proud to be a sponsor of this event and look forward to meeting you. For more information visit:

    Pre-Register for Boston Networking Career Event in Boston, MA

    Connect with top employers seeking diverse talent in your area at Boston Networking Career Event on October 01, 2015. Don't miss your chance, advance your career today.

  • FHLB Boston update
    30+ days ago

    We're hiring! Stop by our table at the Urban League of Eastern Massachusetts’ Annual Jobs Rebuild Boston Community Conference & Career Fair on Thursday, June 4 at the Reggie Lewis Track & Field Athletic Center. Attendees will be able to meet with a Bank recruiter and learn more about our exciting career opportunities. For more information click:


FHLB Boston Video

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FHLB Boston – Why Work For Us?

The Federal Home Loan Bank of Boston is committed to making New England a better place to live and do business, and our employees are integral to our success. As a cooperative, we are owned by more than 440 banks, credit unions, insurance companies, and community development financial institutions that access tens of billions of dollars of our reliable, wholesale funding each year. Our funds are a vital resource that help our members succeed, provide families with safe, decent affordable housing, and generate economic development that creates jobs in communities throughout our region.

Our highly skilled team of 200 is diverse, innovative, collaborative, and passionate about the work we do. We seek other professionals excited to share their knowledge, talent, and passion for our mission to join our team. We offer opportunities for career development, comprehensive wellness benefits, and a work-life balance.

The Federal Home Loan Bank of Boston is committed to building and sustaining a diverse workforce that reflects the communities we serve. As an Equal Opportunity Employer, we strongly encourage applicants from every ethnicity, color, religion, gender, age, national origin, disability, veteran status , and sexual orientation.

We strive to have a welcoming, respectful, and inclusive environment for all individuals who work at the Bank. Our goal is to maintain and attract a diverse workforce and we value what each person uniquely contributes to our mission.

We are also committed to the principles of equal opportunity in employment and contracting. 

The Bank’s efforts, policies and procedures are designed to ensure, to the maximum extent possible in balance with sound business practices, the inclusion and utilization of minorities, women, individuals with disabilities, and minority-, women-, and disabled–owned businesses in all activities and levels of the organization.

The Federal Home Loan Bank of Boston offers comprehensive health and wellness benefits, robust retirement plans, and support for fulfilling professional goals. We believe the following offerings set us apart:

  •  Generous paid time-off programs, including vacation, personal days, holidays, and sick time
  • Bank-funded pension, with full vesting after six years of service
  • 401(k) with a Bank match that increases over time
  • Support for education, including degree and certificate programs and career-related courses
  • Fitness subsidy
  • Back-up child care
  • Subsidized transportation
  • Wellness program
  • Bicycle-sharing membership
  • Volunteer opportunities

FHLB Boston Photos

FHLB Boston Reviews

Rating Trends
Recommend to a friend
Approve of CEO
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Ed Hjerpe III
16 Ratings
  • Excellent place to work overall

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Positive Outlook
    Approves of CEO

    I have been working at FHLB Boston full-time (More than 5 years)


    In the short time I have been back at the bank (yes, I am a "boomerang"), I see open mindedness to make real and positive change at all levels of the organization. The business and technology teams are collaborating for results. We have a specific strategy for technology that is transparent for all to understand. Transparency does not stop at the strategy of the bank - The CIO has a blog and today posted recent survey results - both good and bad; the CEO does quarterly town halls. Silos are getting windows supporting more communication and collaboration across disciplines. Roles are being looked at more broadly and overall skills (both soft and hard) are being considered when filling positions. Some recent examples really knocked my socks off because they challenge the status quo and support skill and career advancement for those involved.


    The bank is small in the number of employees and we have a fairly flat organizational structure making career advancement difficult.

    Advice to Management

    Keep challenging the status quo - both perceived and real. This advice is for all employees.

FHLB Boston Interviews

Interview Experience

Interview Experience


Getting an Interview

Getting an Interview


Interview Difficulty


Interview Difficulty




    Analyst Interview

    Anonymous Interview Candidate
    No Offer
    Easy Interview


    General Questions about background and types of programs used as well as current financial events.

    Interview Questions

FHLB Boston Awards & Accolades

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Additional Info

Headquarters Boston, MA
Size 51 to 200 Employees
Founded 1932
Type Company - Private
Industry Finance
Revenue $500 million to $1 billion (USD) per year

The Federal Home Loan Bank of Boston is a cooperatively owned wholesale bank for housing finance in the six New England states. Our mission is to provide reliable wholesale funding and liquidity to our members, more than 440 banks, credit unions, insurance companies, and community development financial institutions based in our district. We utilize private sector capital to ... More

Mission: The mission of the Federal Home Loan Bank of Boston is to provide highly reliable wholesale funding and liquidity to its member financial institutions in New England. We develop and deliver competitively priced financial products, services, and expertise that support housing finance, community development, and economic growth, including programs targeted to lower-income households.

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