FHLB New York Reviews | Glassdoor

FHLB New York Reviews

Updated December 9, 2016
20 reviews

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Full-time Part-time

3.0
Star Star Star Star Star
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Alfred A. DelliBovi
9 Ratings

20 Employee Reviews

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  1. "Good experience"

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

    Pros

    Friendly, great interdepartmental communication, work closely with fellow interns

    Cons

    Get ready to work if you're in the sales and marketing Dept. might seem dull after awhile


  2. "Good place to work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    401K and Pension Plan

    Cons

    I only have good things to say about this bank


  3. "great place to work"

    Star Star Star Star Star
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends

    I worked at FHLB New York part-time

    Pros

    I really enjoyed working here.

    Cons

    I only have good things to say about the place


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  5. "Horrible, management sucks, benefits are the worst. God help me get a better job and work environment !"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Service Representative in New York, NY
    Former Employee - Service Representative in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at FHLB New York full-time (More than 3 years)

    Pros

    The pay is decent that's all , if you take away the pay there is nothing really positive to really say.

    Cons

    Poor Management
    Benefits are the worst better be married and get your spouses Benefits
    Life timers run the bank
    No fresh ideas
    Big turn arounds
    Office is in bad shape
    They frown upon working from home during storms
    The put you up in the worst hotels during storms
    I can't stress out cut throat and stuck in their way management is.
    Not a happy place to work.
    Everyone is miserable

    Advice to Management

    Change up can't you see how many people leave the bank or can't stay long. Your selection of leaders are a joke! Wish I would have read the reviews before coming to this company


  6. "Decent bank, but not a very hard working or dynamic culture"

    Star Star Star Star Star
    Former Employee - Anonymous Employee in Boston, MA
    Former Employee - Anonymous Employee in Boston, MA
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    I worked at FHLB New York part-time (Less than a year)

    Pros

    Cushy job: benefits are disproportional to amount of work that people put in. Almost everyone leaves at 5.

    Cons

    Not a very fast-paced or dynamic culture. Understandable due to GSE status of bank. Very very behind on technology - can be hard to work with outdated stuff.

    Advice to Management

    Invest more in tech, do more with bank. Can get rid of a lot of people and still stay very profitable.


  7. "Excellent opportunity for growth if you are motivated."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Collateral in New York, NY
    Current Employee - Collateral in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at FHLB New York full-time (More than 8 years)

    Pros

    Small company doing big business, growth opportunities, good work life balance.

    Cons

    Health benefits used to be great.
    Some office politics.
    The coffee.

    Advice to Management

    We notice the cut backs.


  8. "overview"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Fresh Meadows, NY
    Current Employee - Anonymous Employee in Fresh Meadows, NY
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at FHLB New York (More than 5 years)

    Pros

    This company does try to keep a good balance between work and family life. It provides flexibility to employees

    Cons

    It lacks upward opportunities to a lot of motivated employees

    Advice to Management

    It is important to meaningfully listen to what employees have to say.


  9. "Look elsewhere."

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

    Pros

    Most departments have a good work life balance
    Nice location in the city. Overall there were a lot of nice people there but the few bad ones were truly bad and created a lot of problems and made it a miserable place after a while.

    Cons

    No room to move up, very little opportunity for career advancement
    Some really terrible Directors there who get away with treating employees very badly
    Way behind in technology
    Low pay

    Advice to Management

    Pay your employees a little better and offer some growth potential and the turnover in IT might not be so bad.


  10. "Good benefits"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous in New York, NY
    Current Employee - Anonymous in New York, NY
    Neutral Outlook
    No opinion of CEO

    Pros

    Great manager makes this place bearable. Working from home option is great as well.

    Cons

    The politics are ridiculous as mentioned by other reviewer. There are more people checking your work than people actually working. More concern is placed on having multitude of procedures. Advancement is hard to come by.


  11. "The benefits are not worth the headache!"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Analyst in New York, NY
    Former Employee - Analyst in New York, NY
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    Pros

    Great benefits
    Small firm leads to good exposure (which I liked)
    Plenty of projects to keep you busy

    Cons

    Management! - Most use their role to create a great working environment. Others do not! As a previous reviewer commented before, its all a facade until you start working there.



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