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 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
Apr 1, 2014

Nice people nearsighted corporate planning

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Employees are nice with a positive mentality Decent benefits 401k plan offered

Cons

Low compensation No promotional value Company is very short sighted- tends to fix the immediate damage instead of what caused the damage in the first place, then look the other way until the situation seems impossible again

2.0
Mar 28, 2014

Not the best one.

Recommend
CEO approval
Business Outlook

Pros

Relative ease to get in.

Cons

Low salaries,lack of promotional opportunities, broken promises.

Viewing 874 - 876 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.