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
Mar 27, 2014
Recommend
CEO approval
Business Outlook

Pros

I worked with great employees. The systems for account opening were pretty straight forward.

Cons

Flagstar had no clue how to gain new customers. Their marketing department was defunct as we would always receive new overly complicated promotions to have to market to our existing customer base. Alot of the promotional efforts were just trail and error as corporate would submit and pull promotions literally every other week. Way too confusing and frustrating when you are required to make sales goals. They were just a large company who knew nothing of how to attract new customers. Ultimately, we suffered with the added pressure of having to deliver our numbers. Was way too stressful for that reason alone and decided to leave after I was left without a Branch Manager for 3 months with no signs of help.

1.0
Mar 26, 2014

Very unprofessional place to work

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great location - near restaurants and the transit center.

Cons

Management has no respect for employees.

2.0
Mar 25, 2014

Review of the company

Recommend
CEO approval
Business Outlook

Pros

The compensation as a loan officer is great. The company is very flexible with the hours for the loan officer. Management is very laid back

Cons

The company was unorgainized They did not set goals for loan officers They did not have many values posted around the company The managers seemed very lost in there roles, they didn't offer much guidance to the employees. It was very difficult for management to get anything done in order to keep customer service. The company does not offer any growth opportunities.

Viewing 877 - 879 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.