CoBank Reviews

3.1

54% would recommend to a friend

(324 total reviews)
avatar

Thomas Halverson

72% approve of CEO

49% positive business outlook

CoBank has an employee rating of 3.1 out of 5 stars, based on 324 company reviews on Glassdoor which indicates that most employees have a good working experience there. The CoBank employee rating is in line with the average (within 1 standard deviation) for employers within the Finance industry (3.7 stars).

Reviews by job title

324 reviews
1.0
3 Jan 2025
Recommend
CEO approval
Business outlook

Pros

I loved my colleagues. I still do. For the first part of my tenure, CoBank was a wonderful place that allowed me to level up in my career and I am grateful for that. Great benefits. They backed up employee appreciation/recognition with cash rewards.

Cons

Starting in late 2023, with a new executive hire, things became toxic quite quickly. They implemented scaled agile with no lead up and basically ripped teams up and patched them back together so that you were working with strangers and contractors. Then, when that got to be too expensive, they announced a “reduction in force” and let ~50 people go and gave a bunch of others the option to take a forced demotion or leave (without severance). According to people who are still there, the new CoBank is sloppy, hasty, unmethodical, and cutthroat. People do not feel safe expressing their opinions. It will take me a long time to get over the way they let people go - some were on FMLA, some were out of the country, some got their access revoked mid-call with HR, and some were escorted out of the building like they were criminals. These were all extremely knowledgeable and talented employees who had been rated “Valued Performer” or above the previous month and were doing their best to work well and be happy in the new framework. I would think twice about working at CoBank until there are massive changes in personnel at the top levels.

1.0
1 Oct 2024
Recommend
CEO approval
Business outlook

Pros

Its tough because part of me really thinks CoBank is a great company. The mission is great, the people I worked with were great. The bonuses were great and the pay was great... It was a great job.... Until it wasn't...

Cons

I got caught up in the last round layoffs? I'm not sure what they are calling them but the options that they gave hard working employees weren't really options. It was cut throat and it was brutle. A lot of former employees are hurting... Honestly, management should be ashamed of themselves. They should have treated the employees they were going to seperate with a lot more respect. We deserved that much. In IT, there is a new sherrif. She knocked down the old way and replaced it with her vision. Some of it, I agreed with, some of it I didn't. It doesn't matter now... My opinion doesn't really count much anymore as the new structure is fully in place and the old is just a faint memory. I wasn't a huge fan of SAFe Agile, but overall it is just Agile with a lot more metrics and eyeballs looking at those metrics. In my opinion, CoBank is going to be a corporate shell with no real personality. It will be a job. Maybe you hang out there for a few years but you will move on. Not a lot of career opportunities there and there is no psychological saftey there anymore.

1.0
19 Oct 2024
Recommend
CEO approval
Business outlook

Pros

Onsite cafeteria and close parking to Fiddlers Green

Cons

The new IT leadership have ruined a once great place to work. When the CIO repeatedly states "Don't retire at CoBank" you know she isn't invested in long term success for CoBank or IT. The CIO and those that followed her religiously change jobs every 3-4 years, which is about enough time for their incompetence to catch up with them. Other directors parrot the latest buzzwords ("No rules, rules" and "Growth Mindset") without providing any real leadership or technical value. Communication is often lacking or misleading, with demotions framed as opportunities. All of these toxic leadership traits have contributed to declining morale and are driving talented employees away. Without significant improvements, the organization will face ongoing instability and compliance challenges for the foreseeable future.

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Glassdoor has 377 CoBank reviews submitted anonymously by CoBank employees. Read employee reviews and ratings on Glassdoor to decide if CoBank is right for you.