Federal Reserve Bank of Dallas Reviews

Updated Apr 6, 2020

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4.1
81%
Recommend to a Friend
89%
Approve of CEO
Federal Reserve Bank of Dallas President Robert Steven Kaplan
Robert Steven Kaplan
60 Ratings
Pros
  • "A commitment to work/life balance(in 25 reviews)

  • "The company has great benefits including zero deductible health plans and an onsite fitness center(in 24 reviews)

Cons
  • "Sometimes deadlines outside our control (legislated/mandated) can impact work life balance(in 10 reviews)

  • "Just be prepared to deal with quite a bit of bureaucracy and red tape to get work done(in 7 reviews)

More Pros and Cons
  1. Helpful (1)

    "One of the best employers in DFW."

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Internal Auditor in Dallas, TX
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Federal Reserve Bank of Dallas full-time for less than a year

    Pros

    Wonderful people to work for. They really do care for their employees and their career development.

    Cons

    It takes a while to get an interview after submitting an application.

    Federal Reserve Bank of Dallas2020-02-12
  2. Helpful (1)

    "Good opportunities"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 
    Recommends
    Disapproves of CEO

    I worked at Federal Reserve Bank of Dallas full-time for more than 10 years

    Pros

    Some of the best benefits offered

    Cons

    Downtown Dallas commute Can be locked into department if you don't network Some departments have favoritism

    Continue reading
    Federal Reserve Bank of Dallas2020-04-06
  3. Helpful (2)

    "Core values...Diversity...Inclusion....Ha!"

    2.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Project Manager 
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Federal Reserve Bank of Dallas full-time for more than 8 years

    Pros

    The pension is the best benefit offered and the healthcare is a close second. The individual contributor level staff and some of the supervisors/managers are dedicated to working hard and embody what the Fed aspires to be. Feels like working with family during the day to day.

    Cons

    The focus on creating the appearance of being important drives a level of spend that is just not heard of in many corporate environments, much less in a non-profit. The spend on luxurious items for a public organization such as the solid brass desk name bars for branch officers, the fleet of black suburbans, high end furnishings, top of the line IT equipment/accessories for management, open bar and full spread receptions to “honor” directors with only the elite locals invited, frequent “working lunches” for management and the travel spend, for the El Paso leadership in particular, is outrageous...every dollar spent is a dollar that not returned to the treasury. The lack of transparency, honesty and communication from the mid management, officer and senior leadership is abhorrent. Very few Latinos in leadership. If you are in the FOMC (Friends of “M” Circle...yes it’s a thing) life is great for you, otherwise your life at the fed is less than awesome. Long hours, late night calls and emails from your boss with little recognition do not lend itself to creating a work life balance for your employees. Lots of talk about diversity and inclusion but look closely at the history at this organization and this initiative/concept is just the latest in window dressing.

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    Federal Reserve Bank of Dallas2020-02-24
  4. Helpful (1)

    "Treasury Services Needs to Be Cleansed"

    2.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Call Center Agent in Dallas, TX
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I worked at Federal Reserve Bank of Dallas full-time for more than 3 years

    Pros

    Great Benefits and Employee Amenities

    Cons

    Toxic Work Environment Lack of Transparency No Consequence for actions negatively impacting millions of federal benefit recipients

    Continue reading
    Federal Reserve Bank of Dallas2020-02-23
  5. Helpful (1)

    "VERY Slow to change....lots of talk, little action."

    2.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
     
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Federal Reserve Bank of Dallas

    Pros

    Pension pension pension....a few good people.

    Cons

    The bad is pushing out the good. Understanding the culture is not the same as living it. Too focused on their identity and purpose to really care about the people who work there.

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    Federal Reserve Bank of Dallas2020-02-16
  6. Helpful (1)

    "Never Fed Up"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Outdoor Vending Hostess 
    Recommends
    Approves of CEO

    I worked at Federal Reserve Bank of Dallas full-time for more than a year

    Pros

    Loved working for the Federal Reserve - such purpose, meaning, and community

    Cons

    Opportunities for growth to management positions

    Continue reading
    Federal Reserve Bank of Dallas2020-01-09
  7. Helpful (2)

    "Nice place!"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Systems Analyst 
    Recommends
    Approves of CEO

    I have been working at Federal Reserve Bank of Dallas full-time for less than a year

    Pros

    Friendly coworkers, nice building, good cafeteria and comfortable working environment. The upper management is hearing the voice of employees and taking advice seriously. Have opportunities to work from home. Best medical insurance ever. Work is well valued and I am feeling honored on working mission critical projects. Great retirement package which includes a pension plan (really a plus!)

    Cons

    Sometimes things are moving a little bit slow. Commute is too long for employee living in the urban areas like Plano, Allen or McKinney. Compensation and bonus are not decent.

    Federal Reserve Bank of Dallas2019-12-18
  8. Helpful (2)

    "One of the best companies in Dallas!"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Manager in Dallas, TX
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Federal Reserve Bank of Dallas full-time for more than 10 years

    Pros

    amazing health and wellness benefits, competitive pay, remote work opportunities, prestigious company, 401k matching + pension, free parking, subsidized meals, tuition reimbursement, onsite gym & cafeteria, onsite coffee and gift shop.

    Cons

    This is a non-profit institution so you will not see the bonuses and the "extra" stuff like you may at a private company. However, I'd rather have incredible benefits than "stuff" :)

    Federal Reserve Bank of Dallas2019-12-06
  9. "Great people"

    5.0
    Current Employee - Intern - Hourly 

    I have been working at Federal Reserve Bank of Dallas full-time

    Pros

    Met some of the best people in the industry

    Cons

    Not easy to get a full time offer

    Federal Reserve Bank of Dallas2019-10-24
  10. Helpful (1)

    "A Wonderful Place to Work"

    5.0
     
    No opinion of CEO

    I have been working at Federal Reserve Bank of Dallas

    Pros

    The Federal Reserve Bank of Dallas (Dallas Fed) does a great job of creating a community. No matter what role you are in, you will feel included in the Dallas Fed Family as they call it. People here are driven and incredibly smart. It isn’t unusual to attend educational lectures or presentations by PhDs. There is a common desire to always learn at the Dallas Fed. Plus, management is more than accommodating of flexible work arrangements, as hoc requests to leave early, take time off, etc. The expectation here is that you get your work done in whatever way makes sense for you. It goes to show how much trust exists here.

    Cons

    Compared to roles in industry, life at the Dallas Fed can be a bit slow at times. This isn’t necessarily a con as this extra time can allow you to achieve personal goals (go back to school, study for a certification, work on a particular project, etc.).

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    Federal Reserve Bank of Dallas2019-10-01
Viewing 1 - 10 of 127 Reviews