Federal Reserve Bank of Dallas Reviews

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.

Pros

Great Benefits and Employee Amenities

Cons

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

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.

Pros

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

Cons

Opportunities for growth to management positions

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.).