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Federal Reserve Bank of Dallas

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Federal Reserve Bank of Dallas

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Federal Reserve Bank of Dallas Reviews

Updated Jun 7, 2023

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Found 203 of over 278 reviews
4.0
89% Recommend to a Friend
Federal Reserve Bank of Dallas President and CEO Lorie K. Logan
99% Approve of CEO

Found 204 of over 278 reviews

4.0
89%
Recommend to a Friend
99%
Approve of CEO
Federal Reserve Bank of Dallas President and CEO Lorie K. Logan
Lorie K. Logan
8 Ratings

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Commercial Customer Service Representative

What’s the best way to have a lack of compensation and incentive conversation in your department? I went above and beyond for years doing extra work, organizations etc and nothing has been reflected in pay. I thought my 5 year was going to finally show something but it did not. I’ve inquired about pay but it’s gotten nowhere.

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Top Review Highlights by Sentiment

Pros
  • "There are great benefits and the building is really beautiful.(in 54 reviews)
  • "Great people to work with(in 27 reviews)
  • "The culture is great.(in 16 reviews)
  • "The health benefits, pension, and 401(in 9 reviews)
  • "Employees were great about talking with interns and letting us ask about their career experiences or advice.(in 8 reviews)
Cons
Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.

Ratings by Demographics

This rating reflects the overall rating of Federal Reserve Bank of Dallas and is not affected by filters.

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  1. 5.0
    Current Employee

    Great company

    Jun 7, 2023 - Anonymous Employee 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Dallas fed cares about it’s people

    Cons

    There is a tendency to be siloed

    Be the first to find this review helpful
  2. 1.0
    Former Employee, more than 5 years

    Would like to have stayed but had to preserve my sanity!!

    May 2, 2023 - Manager in Dallas, TX
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Good benefits, great amenities with employee parking garage, on-site gym, Sodexo ran cafeteria. Made some good long term friends - the non-toxic people.

    Cons

    Toxic management and long-term personnel with poor performances and poor behaviors. They say mistakes are forgiven, but it is all a lie! They say it is ok if you want to remain an individual contributor, but then are "urged/forced" to take on a mentor and pushed into leadership roles you already said you did not want. DEI is just never going to happen there. Diversity- yes, but only to make a quota. Equity and Inclusion is only if you play their game by their rules and you have to drink the koolaid.

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    1 person found this review helpful
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  4. 2.0
    Former Employee, more than 1 year

    Okay environment, sometimes prioritizes research citations over people

    Mar 30, 2023 - Anonymous Employee 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Most people are kind and supportive Intellectual environment where you are constantly challenged to think Overall collaborative environment Good salary and benefits Generally good hours

    Cons

    Research department prioritizes citations over normal human behavior, which means economists with 20k+ citations get a green light to run over other economists and research analysts with no repercussions If you say anything, leadership ignores you or explains it away by qualifying unacceptable behavior as normal in the profession, leading to toxic environment (and attrition) in some groups. They do this because if they lose high citation individuals, it impacts the research ranking of the institution.

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  5. 3.0
    Former Employee, more than 5 years

    Good Benefits but if you are not dead inside take a pass.

    Mar 21, 2023 - Lead Engineer in Dallas, TX
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Great Benefits Possible to retire from this company.

    Cons

    A LOT of red tape More concerned with policy and procedure than outcomes Slow to change Behind in technology and structure People can be there for many years but probably shouldn't be. Fear of change by many of the employees. Innovation is not the Feds strong point

    Continue reading
    2 people found this review helpful
  6. 5.0
    Former Employee, more than 5 years

    Good employer

    Apr 12, 2023 - Financial Analyst 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Good benefits, emphasis on learning and development activities.

    Cons

    Less diversity and slow growth.

    Continue reading
    Be the first to find this review helpful
  7. 5.0
    Former Employee, more than 5 years

    Good

    Apr 13, 2023 - Auditor 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Benefits are really good .

    Cons

    None I can think of

    Continue reading
    Be the first to find this review helpful
  8. 5.0
    Current Employee

    Good work life balance

    Mar 10, 2023 - System Analyst in Houston, TX
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Very good work life balance People are amazing Good benefits

    Cons

    Slow promotions Career growth minimun Low bonuses and raises

    Be the first to find this review helpful
  9. 3.0
    Current Employee

    Quasi Employment

    Mar 1, 2023 - Financial Analyst in Dallas, TX
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Federal Holidays Off Decent Pay Employment Stability

    Cons

    Limited Growth Opportunity - Time in Grade Work Life Balance

    Be the first to find this review helpful
  10. 4.0
    Former Employee

    Great mission, great people

    Oct 19, 2022 - Vice President Human Resources 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    New president and CEO is a positive change from former president. People who work at the Dallas Fed are dedicated to the mission and are proud to be part of something bigger than themselves. If working for an organization that is committed to making a difference in the world is what you are looking for, this is a great organization for you.

    Cons

    This is a company that is quasi-governmental and has oversight from Congress, therefore it has all the cons of a governmental organization. It can be extremely bureaucratic and slow to make decisions. Leadership talks about empowerment, but struggles in putting the words into action.

    2 people found this review helpful
  11. 2.0
    Former Employee, more than 3 years

    Heartbreaking 4 Years

    Nov 1, 2022 - Customer Service Agent in Dallas, TX
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Great Benefits and Perks Pension after 5 years Beautiful Building

    Cons

    Truly a heartbreaking experience. After 4 years of working in the US Treasury dept housed within the Fed, towards the end of my time there I was asked to continue offering a complete lack of service to benefit holders for VA, SSI, and Disability. Our job was to enroll beneficiaries into direct deposit either through their bank or on to a government issued card. It became obvious after my first 3 years that the vendors handling the government issued cards had no interest in even making sure that benefit holders received their money. Every call was typically the anger and/or tears of customers who had no clue where their money was and no way of reaching the vendor to find out where the card was. The contract for these vendors was extended just after a new group of mid-management level staff were hired. As I had been vocal about the fact that all we are talking to are folks that are without their government funds and can't get any assistance from the card provider, my days were numbered. Leadership, upper management, and mid management were aware of the issues with the vendor, and it was obvious they were not willing to sever the relationship. The call center was housed in the basement of the Fed and any chance of moving from that position was next to impossible as I tried on many occasions for promotion. One year before I would be vested in the pension plan with the bank, I was let go with the statement "a lack of confidence." If you can deal with the stress of listening to thousands of veterans and senior citizens beg you to help them. This is the job for you. If you can get your foot in the door through the basement, do everything you can to increase your skills and continue your education to get out and on to upper floor in a more meaningful dept ASAP.

    Continue reading
    1 person found this review helpful
Viewing 1 - 10 of 204 Reviews
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Federal Reserve Bank of Dallas Reviews FAQs

Federal Reserve Bank of Dallas has an overall rating of 4.0 out of 5, based on over 278 reviews left anonymously by employees. 89% of employees would recommend working at Federal Reserve Bank of Dallas to a friend and 69% have a positive outlook for the business. This rating has decreased by -4% over the last 12 months.

According to anonymously submitted Glassdoor reviews, Federal Reserve Bank of Dallas employees rate their compensation and benefits as 4.0 out of 5. Find out more about salaries and benefits at Federal Reserve Bank of Dallas. This rating has decreased by -2% over the last 12 months.

89% of Federal Reserve Bank of Dallas employees would recommend working there to a friend based on Glassdoor reviews. Employees also rated Federal Reserve Bank of Dallas 4.1 out of 5 for work life balance, 3.7 for culture and values and 3.4 for career opportunities.

According to reviews on Glassdoor, employees commonly mention the pros of working at Federal Reserve Bank of Dallas to be culture, career development, benefits and the cons to be senior leadership, compensation, management.

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Glassdoor has 278 Federal Reserve Bank of Dallas reviews submitted anonymously by Federal Reserve Bank of Dallas employees. Read employee reviews and ratings on Glassdoor to decide if Federal Reserve Bank of Dallas is right for you.