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
Feb 23, 2023
Recommend
CEO approval
Business Outlook

Pros

Before merger announcement, it was a great culture. Team oriented, motivational. Good pay, and PTO. Now.....it's not the same company.

Cons

Stay away from this place. I expect the Detroit office to be cleared by end of 2024. They want onsite full time eventually.....and the CEO likes to be called Mr. My manager used me as their fall person. When they clearly didn't know how to do their job. when I shared my evidence (signed requirements) the HR people were just smoke and mirrors. And unhelpful when I had evidence proving otherwise. They want yes people. If you have an opinion, you're labeled as abrasive and then promotions, will be withheld. The CIO hired her buddies so good luck on getting a promotion. Management is toxic for now. Give it a few years for the toxic people to be realized and forced out. NOT worth the pay. Officer titles were only for those that brown nosed and didn't set healthy boundaries aka worked extra hours....and most of the people just sat looking busy My manager didn't know what they were doing, and would talk outside both of sides of their mouth. Expectations would change but never communicated. They're doing away with bonuses.

2.0
Mar 2, 2024
Recommend
CEO approval
Business Outlook

Pros

I'm struggling to write something substantial in this field.

Cons

Unmotivated environment, employees have low morale. Excessive meetings about nothing. Direction of the bank is unclear. Senior Management changes every 3-4 months. Damage control is extensive.

1.0
Feb 9, 2024

Blindsided by Recent Layoff

Recommend
CEO approval
Business Outlook

Pros

Good incentive pay when there was loan volume.

Cons

Lots of micromanaging on the part of middle management.

Viewing 7 - 9 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.