It paid the bills. - Anonymous employee Flagstar Bank Employee Review

3.0
Jun 8, 2010
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The health benefits were great the 401k plan was great (but I think it tanked so I wouldn't bet on that now). They do not require a college degree.

Cons

The pay was not competitive, there is pressure to work faster and faster and those who produce the most get advancement even when the mistakes they make from rushing far out way the production of solid work. If you are someone who takes pride in your work and do not like to make errors underwriting here is not the place for you.

Explore other reviews about Flagstar Bank

5.0
Feb 27, 2026
Recommend
CEO approval
Business Outlook

Pros

Very knowledgeable and helpful people who are experts in enterprise systems

Cons

N/A during my time with the company

1.0
Jun 25, 2026
Recommend
CEO approval
Business Outlook

Pros

Clients are amazing. Made some real friends.

Cons

No advancement. Will promise you the world to get you to stay. Ask you to give as much notice as possible when you are leaving but will find a ridiculous reason to fire you. Never hitting financial targets so no bonuses. Terrible branch management.

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