FHLB Des Moines

www.fhlbdm.com

FHLB Des Moines Reviews

Updated January 14, 2015
Updated January 14, 2015
6 Reviews
3.5
6 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
FHLB Des Moines President and CEO Dick Swanson
Dick Swanson
3 Ratings

Employee Reviews

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  1. 1 person found this helpful  

    Great company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Collateral Analyst in Des Moines, IA
    Current Employee - Collateral Analyst in Des Moines, IA

    I have been working at FHLB Des Moines full-time

    Pros

    The company provides tuition reimbursement, has an above average retirement plan for the industry, and good leadership. Most of the employees are top notch.

    Cons

    The incentive plan is based on personal goals as well as department (shared goals). It's tied to the year end review process and quite awkward. I miss the days of just doing my job to the best of my abilities and not having to advocate for myself.

    Advice to ManagementAdvice

    Keep up the good work. Find a new incentive / review process.

    Recommends
    Positive Outlook
    Approves of CEO
  2. 1 person found this helpful  

    Excellent community-focussed Company

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

    I have been working at FHLB Des Moines full-time (more than 10 years)

    Pros

    Great benefits and great people. Excellent community-focussed culture. This organization truly cares about its members, employees, and community. "Diversity and inclusion" are not just buzzwords in this company. It is ingrained in the culture.

    Cons

    Too much beuracracy. Slow to change, but is improving. There will always be difficult people in every organization. This organization, like every other organization, will not be the right fit for everyone, but the human resources department and managers do a good job at screening candidates for cultural fit.

    Advice to ManagementAdvice

    Keep moving forward and improving the organization.

    Recommends
    Positive Outlook
    No opinion of CEO
  3.  

    IT culture has become toxic

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

    I have been working at FHLB Des Moines

    Pros

    There are pockets of good people throughout the company and some good managers on the business side, but executive leadership has misguided direction and the new IT management is highly destructive.

    Cons

    IT management is horrible with favoritism and bullying occurring at every level from CBTO down to middle management. Completely inappropriate and demoralizing behavior.

    Advice to ManagementAdvice

    LEAVE.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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  5.  

    REview

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Risk Analyst in Des Moines, IA
    Former Employee - Risk Analyst in Des Moines, IA

    I worked at FHLB Des Moines

    Pros

    Good place with good people. Great work-life balance and quality of life. People are friendly and treat you very well.

    Cons

    Comparatively poor compensation and job growth. No brand name.

    Advice to ManagementAdvice

    No Avice fo the management.

    Recommends
    No opinion of CEO
  6.  

    Stable, limited upward opportunities

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

    I have been working at FHLB Des Moines full-time (more than 10 years)

    Pros

    great people and risk averse

    Cons

    limited opportunities for upward mobility

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  7.  

    OK but needs improvement

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at FHLB Des Moines

    Pros

    flexible work schedule. Good team work and People are nice especially in Risk Management Group.

    Cons

    Poor compensation and job growth.
    Poor revenue generating strategy compared to other FHLB banks.
    Fair leadership and vision

    No opinion of CEO

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