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
1.0
Apr 27, 2014

Unprofessional Bank

Recommend
CEO approval
Business Outlook

Pros

There are no compelling reasons to work at Flagstar Bank other than yoy receive a check every two weeks!

Cons

Sandro DiNello our current CEO is very phony and does not deal well with subordinate employees. He is scripted in his dealings with most employees and is only interested in his well being.

1.0
Apr 17, 2014

Stay away!

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

If you are in the right dept you can do well if you keep your mouth shut and do your job. You can learn a lot and get a better job with better pay!

Cons

When times are busy they will hire anyone with a pulse. Then layoff all the new hires and then some. Layoffs were not based on performance. Management was given a list of who they had to get rid of. So even if you played your cards right, never called in, were efficient at your job it didn't matter. If you were on the list from hr you had to go. You are just a number. I will never recommend this place. They are going through CEOs left and right and the newest one is doing nothing for morale. Also from a consumer standpoint their checking and savings accounts are awful compared to their competitors.

1.0
Feb 16, 2026

Not recommended

Recommend
CEO approval
Business Outlook

Pros

Some co-workers are nice and helpful.

Cons

Management can come across as dismissive and unprofessional at times. Many of the systems in place are outdated, which makes day-to-day tasks more difficult than necessary. Compensation is low relative to the workload, with no bonus structure. For full-time employees, the benefits and 401(k) offerings are below market standards.

Viewing 67 - 69 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.