FDIC Reviews

Updated October 7, 2014
Updated October 7, 2014
141 Reviews
4.1
141 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
FDIC Acting Chairman Martin J. Gruenberg
Martin J. Gruenberg
45 Ratings

Review Highlights

Pros
  • Work life balance is part of the culture (in 14 reviews)

  • Other positives include the work-life balance (40 hour work week) and great benefits (in 16 reviews)


Cons
  • If you come from the private sector your peers are not as knowledgeable and act very defensive (in 9 reviews)

  • Can't make decisions for yourself (in 6 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1. 1 person found this helpful  

    I had a fantastic experience working at the FDIC.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Compliance Examiner
    Former Employee - Compliance Examiner

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

    Pros

    I loved the organization's commitment to employee training and development. Even as an intern, I was treated like a full-time employee and entrusted to make a contribution to the examinations on which I worked. At the same time, though, I had a massive amount of resources available to help me whenever I encountered an issue, and my team members were always willing to help train me on how to do a task when I was unsure of what to do. The first several years are spent going through training to become a commissioned bank examiner, so everyone in the organization has a strong understanding of the need to devote development time and resources to new employees.

    Other positives include the work-life balance (40 hour work week) and great benefits. Plus, the FDIC has offices in every major city and a lot of smaller cities, too, so your opportunities to move around or settle down in a single place are plenty.

    Cons

    My main drawback to this position is that the work I did (compliance examinations) was not very closely related to my major in school, economics. Compliance work is a lot of legal stuff like reading regulations and bank account disclosures, and it did not have a very strong quantitative focus that I had hoped for. Other divisions within the organization (like the risk division) are more closely related to economics.

    Advice to ManagementAdvice

    Keep doing what you're doing. Organizational culture is built from the top down, and my experience with it has been nothing but positive.

    Recommends
    Neutral Outlook
    Approves of CEO
  2.  

    I had a wonderful experience with the Agency and the people.

    Former Employee - Supervisor, Resource Management in Irvine, CA
    Former Employee - Supervisor, Resource Management in Irvine, CA

    I worked at FDIC full-time (more than 3 years)

    Pros

    Outstanding people, mission focused, the company's stated goal of being a top employer.

    Cons

    I didn't deal with any significant issues.

    Recommends
    Neutral Outlook
    No opinion of CEO
  3.  

    Intern

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Intern in Princeton, NJ
    Former Employee - Intern in Princeton, NJ

    I worked at FDIC full-time (more than 3 years)

    Pros

    The experience I received here was unmatched, The people were friendly.

    Cons

    It was really slowpaced for my taste

    Advice to ManagementAdvice

    Allow interns to make more decisions

    Recommends
    Neutral Outlook
    No opinion of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review
  5.  

    I must work at a different FDIC

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior IT Specialist in Arlington, VA
    Current Employee - Senior IT Specialist in Arlington, VA

    I have been working at FDIC full-time (more than an year)

    Pros

    salary is high
    benefits are outstanding

    Cons

    Leadership is nonexistent in my division. The employees in my branch are complacent, unmotivated, manipulative and deceptive. The most frustrating culture I have ever experienced. This is a great place to work if you want to retire in place and just warm a seat every day, but if you want to influence change and contribute, this is not the place to be.

    Advice to ManagementAdvice

    Consider doing what you say, and saying what you do. Try using logic to solve problems. Step up and recognize it is your job to resolve conflict and lead your people. Stop hiding information from your directors to paint a picture of success.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  6.  

    Working at FDIC

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Resolutions and Receiverships Specialist in Jacksonville, FL
    Former Employee - Resolutions and Receiverships Specialist in Jacksonville, FL

    I worked at FDIC full-time (more than 3 years)

    Pros

    The FDIC is the best working environment that I ever experienced in 25 years of working in banking.I would have liked to continue working at the Agency but my office with 400 employees was closed in April 2014

    Cons

    When you become a first time Federal Government employee there is a period of adjustment to how the processes and procedures function.

  7.  

    Good experience to gain familiarity with a variety of subject areas

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Law Clerk in Arlington, VA
    Current Employee - Law Clerk in Arlington, VA

    I have been working at FDIC full-time (more than an year)

    Pros

    The pay scale is better than most other agencies.

    Cons

    The felxible work schedule is not as flexible in practice.

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    Interesting

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - R&R Specialist in Dallas, TX
    Current Employee - R&R Specialist in Dallas, TX

    I have been working at FDIC (more than 5 years)

    Pros

    Pioneering, data retention, record keeping

    Cons

    Complacent, work ethic, and term employment

    Recommends
    Neutral Outlook
    No opinion of CEO
  9.  

    Great Working Experience!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Institution Specialist in Salt Lake City, UT
    Current Employee - Financial Institution Specialist in Salt Lake City, UT

    I have been working at FDIC full-time (more than 3 years)

    Pros

    Opportunity to travel, compensation for overtime, and fantastic co-workers. It is about as good a Federal Government job as you can possibly find. People tend to stay forever, so turnover in upper echelons is low.

    Cons

    You may be assigned to an office or discipline you did not choose. Some EICs are extremely difficult to work for and upper management could use an overhaul.

    Advice to ManagementAdvice

    Listen to your employees; you may actually learn something useful.

    Recommends
    Neutral Outlook
    No opinion of CEO
  10.  

    Great Place to Work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at FDIC full-time

    Pros

    A Great Place to Work

    Cons

    A Great Place to Work

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    Good exposure to learning banking

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Bank Examiner in Cincinnati, OH
    Former Employee - Bank Examiner in Cincinnati, OH

    I worked at FDIC full-time (more than an year)

    Pros

    Ability to see a variety of management styles
    Ability to learn how banking works
    Ability to speak with Senior Management and build possible exit options

    Cons

    Regulation
    Regional Management can be iIncompetent

    Recommends
    Neutral Outlook
    No opinion of CEO

Work at FDIC? Share Your Experiences

FDIC

 
Click to Rate
or

Your response will be removed from the review – this cannot be undone.