Flagstar Bank reviews

2.8

29% would recommend to a friend

(972 total reviews)
avatar

Alessandro P. DiNello

36% approve of CEO

21% 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
Sep 20, 2014
Recommend
CEO approval
Business Outlook

Pros

Centrally located and a great place if you want to just show up and don't care about a career

Cons

It is pretty much still trying to find a way to diversify away from being a mortgage company but is about 8-10 years too late.

5.0
Sep 14, 2014
Recommend
CEO approval
Business Outlook

Pros

As an intern, you are treated as an equal and they make sure to train you for the banking environment just as they would for any other role. At other companies, a peer was my mentor. At Flagstar, my supervisor was my mentor and she made sure that I was recieving the best experience possible by introducing me to technologies that would help to advance my career. More importantly, she was never too busy for me and was willing to spend as much time to help me gain an understanding as to what is expected. She wanted me to know what my role was and to be able to confidently talk about my tasks. This is not the type of internship filled with fetching coffee for the superiors and filing. They definitely expose you to important tasks that are meaningful to the company. Aside from learning my role, I was also encouraged to explore other roles by setting up short meetings so that I can watch their day-to-say activities. This is helpful for those who are undecided in what they want to pursue an advanced degree in because you have the opportunity to watch each role in a work environment opposed to classroom curriculum. I can't say enough good things about this internship experience. Not only do they want you to succeed while working for them, but also in your future career.

Cons

Very short internship (3 months) with no opportunity for job placement afterwards. No benefits.

3.0
Sep 3, 2014
Recommend
CEO approval
Business Outlook

Pros

I really enjoyed the work that I did and the people I worked with. They had great benefits that included, health insurance, vacation time, and 401K.

Cons

After working at Flagstar for 18 years, I was not able to advance any further within the company and due to downsizing, my position was combined with another area and my position eliminated.

Viewing 850 - 852 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.