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
2.0
Jan 27, 2023
Recommend
CEO approval
Business Outlook

Pros

Laughable as in the beginning it was great then the merger happened and it went off the rails.

Cons

Workforce management micromanages you and others. Adding overtime with less than a days notice. Pay is sub par. “Lay offs” in departments that have high call volumes so there’s not enough people to answer then in a timely fashion. Management is nonexistent because they are on calls so getting questions answered rarely happens in a timely fashion.

2.0
Mar 23, 2022

Beware

Recommend
CEO approval
Business Outlook

Pros

Remote work has been an option, which is nice.

Cons

The pay is not great. Too much drama exists within the organization & they don’t get rid of bad people. Management doesn’t fix it because they’re afraid of dealing with difficult personalities. Toxic work environment.

3.0
Feb 11, 2022

Is it worth staying...?

Recommend
CEO approval
Business Outlook

Pros

Flexible work hours, expanded work from home environment since the pandemic, excellent pay, great co-workers, diverse hiring, above average benefits (although not as good as they used to be).

Cons

Everything has become about making the shareholders happy: cutting costs, keeping the efficiency ratio high, not backfilling positions, adding more project work to those who choose to remain with the company. On top of this, add management who will schedule meeting after meeting to discuss issues but never take action, only eating more time out of the daily schedule. No more work / life balance in the recent two years.

Viewing 52 - 54 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.