I applied through university. The process took 2 weeks. I interviewed at FHLB Indianapolis (Indianapolis, IN) in Jan 2018
Interview
Met with multiple different people, both supervisors and co workers. Very laid back and was well conducted. The supervisor was interested in both personality and specific skill set of candidate, while the panel of co-workers were much more interested in the personality fit.
Interview questions [1]
Question 1
How different events would affect the price of bonds, or the direction they would go given changes in interest rates.