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Federal Reserve Bank of St. Louis

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Federal Reserve Bank of St. Louis

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Federal Reserve Bank of St. Louis Reviews

Updated Nov 19, 2021

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Found 100 of over 130 reviews

3.8
69%
Recommend to a Friend
99%
Approve of CEO
Federal Reserve Bank of St. Louis President & CEO       James Bullard (no image)
James Bullard
57 Ratings
Pros
  • "Great Benefits and good environment(in 20 reviews)

  • "Work-life balance is very achievable(in 17 reviews)

  • Cons
  • "If you are unfortunate enough to get parking in Mansion House, be prepared to deal with your car getting broken into,(in 3 reviews)

  • "Downtown Location and Parking are not ideal(in 3 reviews)

  • More Pros and Cons
    Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.
    1. 5.0
      Current Employee, less than 1 year

      Great culture, competitive salaries

      Mar 18, 2021 - Instructional Design Analyst in Saint Louis, MO
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Culture, positive outlook, onboarding, mentoring

      Cons

      none at this time. I have had a great experience.

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    2. 4.0
      Former Employee, more than 5 years

      Great place to work

      Nov 19, 2021 - Graphic Designer 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Benefits are great and work life balance is very flexible depending on the department you work in.

      Cons

      Management is great but, might lack leadership skills in some areas. This also depends on the department you work in.

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    3. 3.0
      Current Employee, more than 10 years

      Great Organization when starting out but may not be for the long haul...

      Nov 18, 2021 - Independent Proof II in Memphis, TN
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Great benefits, diversity and inclusion within the organization

      Cons

      In some departments, days of reading when first employed and strict procedures to adhere too. Also the reading is required each year and is tracked.

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    4. 4.0
      Current Employee, more than 8 years

      Depends on the department

      Aug 31, 2021 - Anonymous Employee 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Benefits and work life balance are top-notch

      Cons

      Certain departments are exempt from the great work-life balance

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    5. 4.0
      Current Employee, less than 1 year

      Great!

      Aug 26, 2021 - Auditor 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Very high job stability, great benefits package

      Cons

      Little upward mobility in some departments

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    6. 2.0
      Former Employee, more than 3 years

      Very Cliquish Organization & Poor Culture

      Mar 29, 2021 - Manager in Saint Louis, MO
      Recommend
      CEO Approval
      Business Outlook

      Pros

      The Federal Reserve Bank of St. Louis offers excellent benefits unlike any other company today. Outside of these great benefits, which is solely why they were ranked a Top Workplace, I strongly encourage you to think twice before joining this organization.

      Cons

      The Federal Reserve Bank of St. Louis (FRB) is a very cliquish organization and if you don’t play the game to bond with the right people it’s a wrap. Even then, that still won’t guarantee you a position in the clique because they make it hard for you to bond and won’t let you in. The organization is filled with multiple levels of leadership, with many of them being too passive aggressive to encounter or confront things upfront. They would rather say things behind a persons back and then document it on paper as if certain conversations took place, but never occurred. Most people would consider that to be a liar, so there you have it, it’s a lot of that going on too. Then it’s the case of people being placed in leadership roles that have to obtain 20 approvals to get anything done, because it’s too many channels you have to go through to have something authorized. If you’re mid-career and have built a successful career elsewhere, this isn’t the place for you to work. In fact, if you’re under 40 you may want want to think twice about working there. The FRB is definitely not the place for people who didn’t grow up in the Fed. They have a culture so sickening, it will have you doubting your own abilities and losing confidence in yourself, even if you’ve been very successful in your career elsewhere. The FRB prides itself with statements like this on job boards and it’s website: “Ranked as a Top Workplace, the Federal Reserve Bank of St Louis is committed to building an inclusive workplace, where employees’ diversity—in age, gender, race and ethnicity, sexual orientation, gender identity or expression, disability, and cultural traditions, religion, life experiences, education and socioeconomic backgrounds—are recognized as a strength. Embracing our diversity encourages employees to bring their valued perspectives to the table when generating ideas and solving problems, and promotes an environment where innovation and excellence thrive.” However, this organization truly doesn’t value differences or diversity as much as it speaks. They don’t really want people with different mindsets or ideas. They want individuals they can groom to do a job the way they want it done. This is why I strongly recommend thinking twice about applying for a job here if you’re a mid-career professional.

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      5 people found this review helpful
    7. 5.0
      Current Employee, more than 8 years

      Change on the horizon

      Dec 22, 2020 - Manager in Saint Louis, MO
      Recommend
      CEO Approval
      Business Outlook

      Pros

      The St Louis Fed is a great place to work. A lot of the senior leadership is retiring in 2020 and it is paving the way for innovation and change. New ideas are being heard and the new leadership team really cares about the employees.

      Cons

      There was always a Fed way and it you didnt get on board with it, you would hit a wall. That's no longer the case now. No cons. You won't find a better place to work. Pays well and the benefits are second to none.

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    8. 5.0
      Current Employee, more than 8 years

      Great company

      Feb 24, 2021 - Manager in Saint Louis, MO
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Pension Not too challenging Only work overtime with deadlines

      Cons

      Pay won’t be astronomical when you get to higher ranks

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    9. 3.0
      Current Employee, more than 10 years

      Great place to work if you can ignore career growth

      Jan 30, 2021 - Senior Engineer 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Great benefits, great co workers and wonderful culture. They are beginning to refresh their tools and technology to keep up and be at par with the industry.

      Cons

      IT is "White T" - sadly, no chance of career advancement into leadership ranks if you are a minority.

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      4 people found this review helpful
    10. 5.0
      Current Employee

      Great

      Feb 18, 2021 - Social Media Specialist in Saint Louis, MO
      Recommend
      CEO Approval
      Business Outlook

      Pros

      This is a wonderful organization to work for.

      Cons

      There are no cons to working here.

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