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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 10 Jan 2023

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Found 197 of over 270 reviews
4.1
89% Recommend to a Friend
Federal Reserve Bank of Dallas President and CEO Lorie K. Logan
98% Approve of CEO

Found 197 of over 270 reviews

4.1
89%
Recommend to a Friend
98%
Approve of CEO
Federal Reserve Bank of Dallas President and CEO Lorie K. Logan
Lorie K. Logan
6 Ratings
Pros
  • "great benefits, leadership, work-life balance(in 34 reviews)

  • "Great benefits that are constantly revisited to ensure they remain highly competitive(in 28 reviews)

  • Cons
  • "Wide variation in work/life balance according to a number of factors(in 14 reviews)

  • "Slower pace than in the private sector(in 5 reviews)

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

      Great benefits and flexibility

      10 Jan 2023 - Operations Specialist in Dallas, TX
      Recommend
      CEO Approval
      Business Outlook

      Pros

      High pay, good benefits, pension

      Cons

      I can’t think of any?

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    2. 3.0
      Current Employee

      Good

      21 Nov 2022 - Auditor 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Great people and benefits package

      Cons

      Low pay and tough to move up

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    4. 5.0
      Current Employee

      Review

      30 Oct 2022 - Vice President in Dallas, TX
      Recommend
      CEO Approval
      Business Outlook

      Pros

      None to state in a review.

      Cons

      None that I can think of

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    5. 3.0
      Current Employee, more than 3 years

      Just an Okay Experience

      9 Nov 2022 - Senior Associate Examiner in Dallas, TX
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Good benefits, especially health insurance and pension

      Cons

      Hive, Borg culture didn't always allow for progress

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    6. 2.0
      Former Employee, more than 1 year

      Great Benefits; Heterogeneous Culture

      2 Nov 2022 - Associate Auditor 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Best benefits! My doctors told me I had "rock star" insurance. The monthly cost was a fraction I had to pay at other companies.

      Cons

      I got to see many departments in my role. A person could have a very different experience depending on the department they worked for. The culture ranged from good to toxic depending on the department.

      Continue reading
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    7. 2.0
      Former Employee, more than 3 years

      Heartbreaking 4 Years

      1 Nov 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
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    8. 4.0
      Former Employee

      Great mission, great people

      19 Oct 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
    9. 4.0
      Current Employee, more than 3 years

      Company environment

      22 Oct 2022 - ITSupport Specialist in Dallas, TX
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Flexible hours are offered. Benefits are good.

      Cons

      Promotions seem planned not necessarily earned.

      Continue reading
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    10. 5.0
      Former Employee

      Great spot

      6 Oct 2022 - Research Analyst 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Strong mission and excellent health benefits

      Cons

      Low base compensation, long promo cycles

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    11. 4.0
      Current Employee, less than 1 year

      Very impressive

      20 Oct 2022 - Facilities Technician ll in Dallas, TX
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Their is great opportunities to establish an career path and growth. My department was very welcoming and helpful. Friendly staff and very positive attitudes

      Cons

      Don't have any during this time

      Continue reading
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    Viewing 1 - 10 of 197 Reviews
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    Federal Reserve Bank of Dallas has an overall rating of 4.1 out of 5, based on over 270 reviews left anonymously by employees. 89% of employees would recommend working at Federal Reserve Bank of Dallas to a friend and 83% have a positive outlook for the business. This rating has decreased by -7% over the last 12 months.

    According to anonymously submitted Glassdoor reviews, Federal Reserve Bank of Dallas employees rate their compensation and benefits as 4.1 out of 5. Find out more about salaries and benefits at Federal Reserve Bank of Dallas. This rating has decreased by -3% 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 4.2 out of 5 for work life balance, 4.0 for culture and values and 3.5 for career opportunities.

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