Federal Reserve Bank of Dallas Reviews

Cons

Sometimes deadlines outside our control (legislated/mandated) can impact work life balance. When this occurs, senior leadership usually provides support.

Cons

Change implementation takes longer than others in the industry.

Cons

The Federal Reserve Bank of Dallas is plagued with laziness and entitlement from years of stagnant movement among staff. The recruiters will display the long tenures of past employees like a badge of honor while in reality this only serves as an indicator of lacking new talent and ideas.

Poor decisions are made consistently at varying levels of management. Leaders are too cautious to terminate those who produce poor work product, lack the necessary skills, or spread toxic behavior. Often top performers will depart the bank to seek other employment due to lacking opportunities and leadership's ignorance to recognize outdated strategies and solutions.

Applicants should beware the organization will do anything to attempt to convince you of the advancement opportunities. However, you will spend years with little movement and almost a decade before you are even considered for a leadership role; and this applies even to top performers.

There is a large and growing problem with entitlement among staff. Many of the long tenured staff have idled through their careers only to voice concern for advancement towards the end as new professionals enter the workforce. Discrimination and other exacerbated claims are thrown around here quite loosely in order to push personal agendas.

You MUST be well versed in bureaucracy. Don't expect leaders to act with professionalism or respect. Often you will succeed in this organization if you can fit within the above for-mentioned culture. Working here is almost the equivalent of a twilight zone.

Cons

Still have silos and favoritism in some areas; culture slow to change

Cons

Extremely short-sighted about which initiatives to finance
Incompetent people are not pressured to improve
Significant workplace politics in some departments

Cons

Office atmosphere of gossip and negative comments. Others have expressed concerns about the retention of quality employees, and not being able to go to their management with issues.

Cons

-Ability to move up quickly due low turnover rate

Cons

Change is slow... that’s it.

Cons

More traditional work environment. Long tenures. In a growth/transition period as people in leadership retire. Risk averse.

Cons

Promotion or moving up in ranks may take time.