FDIC Reviews | Glassdoor

FDIC Reviews

Updated August 22, 2017
305 reviews

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4.0
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FDIC Acting Chairman Martin J. Gruenberg
Martin J. Gruenberg
113 Ratings

305 Employee Reviews

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Pros
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  1. "FIS"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at FDIC full-time

    Pros

    Good pay and benefits included.

    Cons

    The position involves a significant amount of travel.


  2. "Always Strive for Excellence"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Resolution Specialist in Chicago, IL
    Former Employee - Resolution Specialist in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at FDIC full-time (More than 10 years)

    Pros

    There is no better place to work, work hard, follow policy and procedures, be respectful to your fellow employees - I have worked for the FDIC for many years, and it's the best job ever. I couldn't wait to arrive, get to work and get resolutions to issues needing immediate attention. If you worked in receivership resolutions, time was of the essence. Always respected, and promoted on my merits. Best employer in my 40 years of employment-I've been working since I was 13 :) my personal work ethic is take personal responsibility, follow policy, respect for senior management for those who walked before you, they know the final resolution. Their hard work put them in senior positions - be respectful.
    D.J. Recchia

    Cons

    The only con - is when the office (s) closes.

    Advice to Management

    Thanks for the great career (s).
    D.J. Recchia

  3. "Financial institution specialist"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at FDIC full-time

    Pros

    Pay is good for first year out of college

    Cons

    Boring. Almost 4 hours a day with nothing to do

    Advice to Management

    Stop being such stick let's for the rules


  4. Helpful (1)

    "Mixed Emotions"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Counsel in Washington, DC
    Current Employee - Counsel in Washington, DC
    Neutral Outlook
    No opinion of CEO

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

    Pros

    The benefits are outstanding, salaries are very good (especially so for government positions), and most of the people are good people.

    Cons

    Each unit is permitted to hire and promote who they please. So if you are one of the teacher's pets, you'll do great. If you are not, it doesn't matter how much more experience or talent you might have, you are out of luck. Advice: be social, kiss up, don't ever challenge your supervisor's decisions (no matter how ill advised they might be) - for your career, it's more beneficial to be more well-liked than the next person than it is to be better at your job.

    Advice to Management

    Pay more attention to who is making the decisions about hiring and promotions and why those decisions are being made. People with demonstrated talent and real-world experience are often passed over for less experienced people who are friendlier with their supervisors.


  5. "IT Specialist"

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

    I have been working at FDIC full-time

    Pros

    The pay is excellent. The people are great. The cafeteria is awesome!

    Cons

    Resistance for change is high.


  6. Helpful (1)

    "Corporate Manager - Invwstigations"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at FDIC full-time

    Pros

    Excellent company to work for if one obtains a permanent position.

    Cons

    Still an excellent company; however term positions are just that term (2-4Years.

    Advice to Management

    Retain employees and not spend 3-4 times the amount (over employee salaries) for contractors.


  7. "Risk Management"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at FDIC full-time

    Pros

    professionalism, shared mission, opportunity to offer new ideas

    Cons

    difficult to make the move from term to permanent employee

  8. Helpful (1)

    "Excellent pay, training, benefits; but tons of travel"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Institution Specialist in Syracuse, NY
    Current Employee - Financial Institution Specialist in Syracuse, NY
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    2 401k plans that each match up to 5%
    Federal pension upon retirement
    Plenty of time off and bank holidays
    Excellent training, most often in Arlington, VA
    Fantastic coworkers who are the best at what they do.
    Per diem, mileage, frequent traveler bonus, teleworking opportunities
    Flexible schedule can allow you to work extra hours during the week to get every other Friday ogf

    Cons

    Must pass a Technical Evaluation to earn Commissioned Bank Examiner status or be fired.
    Depending on the office, you may be traveling 60-95% of the time. I was closer to 95% and I essentially lived out of my suitcase and only saw my loved ones on weekends.

    Advice to Management

    Get rid of the Technical Evaluation, it often doesn't apply to the candidates and places additional pressure to study on non-work hours, further straining personal relationships.
    Get your people home more often. You have a work/life program, but people are still on the road for unacceptable time frames.


  9. Helpful (1)

    "Bank Examiner"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at FDIC full-time

    Pros

    Great retirement benefits, lots of travel.

    Cons

    Lots of travel, common sense lacking at times.

    Advice to Management

    Apply more common sense instead of "this is how we always do it" methodology.


  10. "required"

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

    I have been working at FDIC full-time

    Pros

    training, colleagues, work life balance, pay

    Cons

    Extensive travel is required every week.


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