Flagstar Bank reviews

2.8

30% would recommend to a friend

(972 total reviews)
avatar

Alessandro P. DiNello

37% approve of CEO

22% positive business outlook

Flagstar Bank has an employee rating of 2.8 out of 5 stars, based on 972 company reviews on Glassdoor which indicates that most employees have an average working experience there. The Flagstar Bank employee rating is 25% below average for employers within the Financial Services industry (3.7 stars).

Reviews by job title

972 reviews
4.0
Feb 16, 2023
Recommend
CEO approval
Business Outlook

Pros

The colleagues I worked with were wonderful. Knowledgeable, team driven and kind.

Cons

From 2022 forward upper management became very secretive and not forthcoming with information regarding merger, the reduction of our incentive income/commission income and eventually termination of the entire mortgage division.

2.0
May 9, 2022
Recommend
CEO approval
Business Outlook

Pros

The CEO is good and the HR department does try to keep things competitive.

Cons

The CIO is horrible and insecure. The CIO leads with fear and is toxic and so does her leadership team. A lot of IT leaders have left the organization, the only ones who remain are others that line up with the bully, fearful mentality that the CIO leads with. Has implemented a culture of micro managing and control. Has done a great job and disempowering her employees. Only cares about how she looks to her senior leadership and steps on the ones below her. Short on resources for projects and yet has no issue abandoning her team when difficulties arise. Takes full credit when projects go well. Was filtered down that the CIO would not back her team to the board in projects that were behind.

2.0
Sep 24, 2019
Recommend
CEO approval
Business Outlook

Pros

Good insurance Decent PTO allowance Immediate coworkers are great Good pay

Cons

Condescending managers who know less about the work than you do Political game playing is horrible

Viewing 31 - 33 of 972 Reviews

Glassdoor has 1,067 Flagstar Bank reviews submitted anonymously by Flagstar Bank employees. Read employee reviews and ratings on Glassdoor to decide if Flagstar Bank is right for you.