FHLB Chicago Employee Benefits and Perks | Glassdoor

FHLB Chicago Benefits

Location: US
4.6
StarStarStarStarStar
14 Ratings

Employee Benefit Reviews

Showing 1–10 of 14 comments

Most Commented

  • Jul 06, 2018
    StarStarStarStarStar Former Employee in Chicago, Illinois

    No tuition reimbursement for employees that completed degree prior to joining the bank

  • Oct 22, 2017
    StarStarStarStarStar Current Employee in Chicago, Illinois

    Expensive benefits package with BCBS. Pension offered but not fully vested until 5 years. 401k but not fully vested until 6 years and low matching schedule. Tuition reimbursement at 90% for A’s - can start after one year of employment but you must stay for two years after completion of program. Offers parental leave - they pay for 6 weeks (STD & paid parental leave) and you use your sick/vacation time for the remainder time off (you do not accrue time while on leave). 15 vacation days + 10 sick days and bank holidays (Columbus Day, etc) so you’ll need to use a vacation day to take off for Christmas Eve. Annual wellness challenge.

  • Aug 03, 2017
    StarStarStarStarStar Current Employee in Chicago, Illinois

    Great benefit package with a ton of options.

  • Feb 08, 2017
    StarStarStarStarStar Former Loan Operations Analyst in Chicago, Illinois

    100% the best health insurance offered and all other of the best basic benefits imaginable.

  • Jan 12, 2017
    StarStarStarStarStar Current Employee in Chicago, Illinois

    It's very generous, overall, but the crazy thing is there's a pension. With some quirks, it's also a great place to work. Everyone actually seems to be really trying to do their best.

  • Oct 24, 2016
    StarStarStarStarStar Current Employee in Chicago, Illinois

    Great insurance, pension, 401k, time off

  • Feb 24, 2016
    StarStarStarStarStar Current Underwriter in Chicago, Illinois

    Great health insurance, 401k, and pension.

  • Dec 02, 2015
    StarStarStarStarStar Former Employee in Chicago, Illinois

    HR is not well developed. There is usually only one person well versed on certain things. If they are unavailable you'll have to wait

  • Nov 17, 2015
    StarStarStarStarStar Current Member Product and Support Group Specialist in Chicago, Illinois

    There is great healthcare and 401k matching

  • Oct 07, 2015
    StarStarStarStarStar Current Employee in Chicago, Illinois

    Competitive 401k, ample PTO, solid health/dental plans

Benefits Summary


List based on reports from current and former employees. It may not be complete.

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Insurance, Health & Wellness

  • CheckmarkHealth Insurance (10)
  • Dental Insurance
  • Flexible Spending Account (FSA)
  • Vision Insurance
  • Health Savings Account (HSA)
  • Life Insurance
  • Supplemental Life Insurance
  • Disability Insurance
  • Occupational Accident Insurance
  • Health Care On-Site
  • Mental Health Care
  • Retiree Health & Medical
  • Accidental Death & Dismemberment Insurance

Financial & Retirement

  • CheckmarkPension Plan (10)
  • 401K Plan
  • Retirement Plan
  • Employee Stock Purchase Plan
  • Performance Bonus
  • Stock Options
  • Equity Incentive Plan
  • Supplemental Workers' Compensation
  • Charitable Gift Matching

Family & Parenting

  • CheckmarkMaternity & Paternity Leave (11)
  • Work From Home
  • Fertility Assistance
  • Dependent Care
  • Adoption Assistance
  • Childcare
  • Reduced or Flexible Hours
  • Military Leave
  • Family Medical Leave
  • Unpaid Extended Leave

Vacation & Time Off

  • Vacation & Paid Time Off
  • Sick Days
  • Paid Holidays
  • Volunteer Time Off
  • Sabbatical
  • Bereavement Leave

Perks & Discounts

  • Employee Discount
  • Free Lunch or Snacks
  • Employee Assistance Program
  • Gym Membership
  • CheckmarkCommuter Checks & Assistance (3)
  • Pet Friendly Workplace
  • Mobile Phone Discount
  • Company Car
  • Company Social Events
  • Travel Concierge
  • Legal Assistance

Professional Support

  • Diversity Program
  • Job Training
  • Professional Development
  • Apprenticeship Program
  • Tuition Assistance

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