KEY NOT FOUND: coverImgAlt
Logo

Federal Reserve Bank of Kansas City

Is this your company?

Federal Reserve Bank of Kansas City

Add a Review

Federal Reserve Bank of Kansas City Reviews

Updated Jul 27, 2022

To filter reviews, or .

Found 185 of over 206 reviews

3.6
67%
Recommend to a Friend
72%
Approve of CEO
Federal Reserve Bank of Kansas City President Esther L. George  (no image)
Esther L. George
95 Ratings

The latest conversations about Finance

Join the conversation on
Join the conversation on

Top Review Highlights by Sentiment

Pros
  • "The benefits are great they are typically lower than most benefits in the area.(in 53 reviews)
  • "Great work/life balance(in 14 reviews)
  • "Great people to work with and in some areas exposure to interesting things.(in 14 reviews)
  • "Pay is good if you are in a professional position and bonuses are given out for good performance.(in 11 reviews)
  • "Job security is the best, work culture and benefits have no match!(in 7 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 Kansas City and is not affected by filters.

Want more demographic options?
  1. 5.0
    Former Employee, more than 3 years

    Great culture to work in

    Jul 19, 2022 - Audio Visual Specialist in Kansas City, MO
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Diverse perspectives, friendly staff, work life balance

    Cons

    Some departments cause friction when not adhering to agreed cooperation policies. Also, not all upper management treats "lower" departments with deserved respect; feels as if they still walked all over and not fully appreciated.

    Continue reading
    Be the first to find this review helpful
  2. 4.0
    Current Employee

    Managers make all the difference

    May 25, 2022 - Software Engineer Advanced in Kansas City, MO
    Recommend
    CEO Approval
    Business Outlook

    Pros

    The bank honestly cares for every one of their employees. The culture is absolutely fantastic, warm and welcoming. Many of the teams there are pushing towards cutting edge and have other teams who are already cutting edge helping them out. The bonuses mid-December are pretty nice. They have an onsite cafeteria that will deduct money from your paycheck (helpful for when you are strapped for cash). If you have clear conversations with your managers, and follow the procedure laid out, then there's no reason you shouldn't get a promotion or a good rating during your annual review.

    Cons

    The federal reserve is not immune to problems with management. Some managers are great, and others are just lousy. Take note of your manager! If you get the vibes that they aren't good, then you're almost certainly right. Talk around and find a good one. The biggest problem is you can't figure this out during the interview, it's only until after you join. Sometimes you have to fight significantly harder than it should be to get the things you want and need. Pay raises are pretty low.

    Continue reading
    Be the first to find this review helpful
  3. 4.0
    Former Employee, less than 1 year

    Great Place for Learning and Advancement

    Feb 7, 2022 - IT Specialist in Kansas City, MO
    Recommend
    CEO Approval
    Business Outlook

    Pros

    The Fed has so many programs available to employees for professional development. On the IT side, there are programs to become ITIL certified, among many others. Even new, helpdesk employees have the option to participate in these. Further, they do a good job of including all employees, even new and/or lesser-experienced employees on all sorts of meetings and communications. It's a great way to learn, but also a great way to see you might want to specialize in the future. The benefits were great and stated Day 1. Health insurance, retirement (both a 401k and a pension), vacation (I think 18 days min to start off), etc.

    Cons

    In the Helpdesk, it's very regimented. Obviously, this is to ensure there's enough coverage on the Helpdesk. But it seems a bit much at times. Breaks and lunch change day to day. They can also change your overall hours if needed. The Helpdesk operates 24/7. I started 7:30a-4:30a, but then they were going to move me to 11:00a-7:00p after my main training was completed. That's not what I signed up for and agreed to. At the time, the KC Fed had a business casual dress code. This was a bit annoying, especially for helpdesk IT staff who don't go anywhere. Part of our team was based out of the Minneapolis Fed and they were able to dress casual since their bank president allowed it. It seemed silly to require business casual or more for all employees since the KC Fed is not a typical bank. There are no customers or clients coming in each day.

    Continue reading
    1 person found this review helpful
  4. 1.0
    Former Employee, more than 5 years

    Stereotypical bureaucratic dinosaur

    Jun 21, 2022 - Anonymous Employee 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Medical and Retirement Benefits. That's it.

    Cons

    Everything else. Command and control culture. No experimentation or innovation. No problem definition, goals, or data. Management is filled with people who have been at the Fed forever with no applicable experience in their current field or industry. Management is just a job title. They are non-existent and will cave to any outside pressures. Management does not know how to build and cultivate happy, productive, and successful teams. No new or critical thinking. Way, way behind the times in modern product development. Obsessed with processes and speed. Clueless about goal-oriented outcomes, and quantitative and qualitative data. The most exclusive and condescending culture I've ever worked in. Demeaned, yelled at, excluded from decision making. Critical information to do your job at the very least half-way decent is withheld. Excel at your job? Forget about it. Good luck finding another job in software development if you spend more than two years working at this bureaucratic antiquated dinosaur. If you use a crappy government website, this place is one of the reasons why the website is crap.

    Continue reading
    1 person found this review helpful
  5. 1.0
    Former Employee, more than 1 year

    Great for a year and nothing longer

    Jul 27, 2022 - Analyst 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Opportunity to be involved beyond your role - can volunteer to help with campus recruiting or corporate challenge.

    Cons

    Benefits are not better than other companies in the area and compensation is below average. In the analyst role depending on your team you may work 35 hours a week versus 60 hours and all get compensated the same. They also do not offer an end of year bonus.

    Continue reading
    Be the first to find this review helpful
  6. 4.0
    Current Employee, more than 5 years

    FRB KC

    Jun 23, 2022 - Software Engineer in Kansas City, MO
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Good work life balance and benefits

    Cons

    mediocre salary, slow to adapt

    1 person found this review helpful
  7. 3.0
    Current Employee

    Just another employer

    Jan 12, 2022 - Software Development Engineer (SDE) 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Job security. Frequent employee appreciation events.

    Cons

    Everything moves SLOW. Job titles mean everything including if people actually listen to you. Broken promises by management and HR, especially if it has to do with your career. Your career will be walked all over by most managers. The smartest and hardest working people always leave for a better employer. Pay is low. The response to executives and board of directors showing up in the news frequently about suspicious trading or making millions giving speeches to hedge funds that control the market is "stricter rules". Which means "non-executives" are punished for what the executives do. Going "above and beyond" has hardly any benefits compared to just barely doing your job. The bank ignores (and sometimes punish) those who complain about horrible projects, and then acts surprised when people leave. So, they hire new people to fill those spots instead of addressing the root problem. Later, they show. PowerPoint and highlight the amount of new hires each year, completely ignoring the turnover rate at every turn.

    Continue reading
    4 people found this review helpful
  8. 3.0
    Former Employee, more than 8 years

    Crushing Bureaucracy

    Jan 7, 2022 - Software Engineer 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Many of the projects are actual important work with real life impact on people. Process can be a good thing, it's better than cowboy coding. Co-workers worked hard to implement features correctly and support the applications.

    Cons

    it's a relatively small organization but the bureaucracy is up there with the biggest telecoms, insurance companies, government agencies. Rigid, hierarchical, risk-averse, and timid. Most of the projects are done for other clients like the Treasury or other Feds, KCFRB claims it's a "partner" but it acts like a desperate cut-rate vendor. That means you are caught in the crossfire of KCFRB bureaucracy and the client's bureaucracy. Bureaucracy makes your life harder, it makes communication harder, reduces quality, and wastes your time. Risk-averse culture means they hire people who are overqualified, then don't give them the freedom to use their best judgment. It's like hiring people with masters' degrees in civil engineering, then using them to dig ditches, FRB is mostly very tightfisted about contributing anything for training unless you are a pet favorite of management. HR targets "middle of the road" for salaries. Raises are meh. Fake agile is prevalent here. Agile gets lip service and there are lots of time wasting ceremonies, but there's nothing agile about this place. Developers there are very old-fashioned and push back on newfangled stuff like writing unit tests, leading to unmaintainable projects.

    Continue reading
    3 people found this review helpful
  9. 4.0
    Current Employee, more than 5 years

    A decent government-adjacent job

    Apr 7, 2022 - Senior Software Engineer in Omaha, NE
    Recommend
    CEO Approval
    Business Outlook

    Pros

    - Benefits are excellent, 401k matching adds 7% for a 6% contribution, defined benefit (i.e. no out of pocket) pension, health insurance is very affordable without the emphasis on HDHP many other companies are pursuing - Lots of opportunities to learn about the nation's banking system through outreach and educational programs - For software engineers at least, lots of post-Covid WFH. - If you're not WFH, the cafeteria is pretty good for an office of this size. - Management team generally has your back and seems to care about their employees' personal welfare - Generally friendly people. Not a lot of personality conflicts...within your particular geographic location, anyway.

    Cons

    - RED TAPE! My god, seems like half the work here is requesting access to some different system or other. - And why is there red tape? The Federal Reserve is technically 12 different companies (13 if you count the Board) that, for many projects, completely fail to have any decent level of collaboration and cooperation with each other, even when working towards a common goal. - Adding to the confusion, the system is currently transferring a large number of software/IT projects to Kansas City, meaning more political weirdness - If you're the type of engineer who wants to work on the most cutting-edge projects with the best, most motivated people, using the most modern and up-to-date techniques and software, this is not the place for you. - Sometimes engineers seem a little burned out and unmotivated. There really doesn't seem to be anyone that "goes the extra mile". - The Omaha office isn't exactly the sunniest building in the nicest neighborhood, and the software teams are shoved in a windowless basement. Though with WFH, who cares?

    Continue reading
    1 person found this review helpful
  10. 3.0
    Current Employee, more than 5 years

    Pros & Cons

    Jul 1, 2022 - IT Professional 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    They have great benefits and training.

    Cons

    They do not do a great job at keeping up with market comparable salaries. They rely on saying how amazing the benefits are to offset your lack of salary.

    Be the first to find this review helpful
Viewing 1 - 10 of 185 Reviews

Federal Reserve Bank of Kansas City Reviews FAQs

Federal Reserve Bank of Kansas City has an overall rating of 3.6 out of 5, based on over 206 reviews left anonymously by employees. 67% of employees would recommend working at Federal Reserve Bank of Kansas City to a friend and 49% have a positive outlook for the business. This rating has decreased by -2% over the last 12 months.

According to anonymously submitted Glassdoor reviews, Federal Reserve Bank of Kansas City employees rate their compensation and benefits as 3.6 out of 5. Find out more about salaries and benefits at Federal Reserve Bank of Kansas City. This rating has decreased by -2% over the last 12 months.

67% of Federal Reserve Bank of Kansas City employees would recommend working there to a friend based on Glassdoor reviews. Employees also rated Federal Reserve Bank of Kansas City 4.0 out of 5 for work life balance, 3.6 for culture and values and 3.5 for career opportunities.

According to reviews on Glassdoor, employees commonly mention the pros of working at Federal Reserve Bank of Kansas City to be coworkers, career development, benefits and the cons to be diversity and inclusion, culture, management.

Popular Careers with Federal Reserve Bank of Kansas City Job Seekers

JobsSalariesInterviews

Work at Federal Reserve Bank of Kansas City? Share Your Experiences

or

Federal Reserve Bank of Kansas City Photos

+ Add Photo
Federal Reserve Bank of Kansas City photo of: With VP of Federal Reserve Bank of KC
Federal Reserve Bank of Kansas City photo of: Kansas City Federal Reserve Bank
Federal Reserve Bank of Kansas City photo of: Kansas City Federal Reserve Bank
Federal Reserve Bank of Kansas City photo of: Federal Reserve Bank of Kansas City
Federal Reserve Bank of Kansas City photo of: Front Entrance

Have you worked here?

See All Photos