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      Flagstar Bank

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      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

      Ratings by demographic groups

      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
      Sep 10, 2010

      Avoid Flagstar unless a major management shake-up occurs

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      In IT, you can do whatever you wish, as the only standard practice is to make up your own personal standards.

      Cons

      Regarding IT software development management: none are competent, all are wishy-washy and unwilling to take a stand on anything, especially development standards. None are qualified for the job and would be better off doing another type of work: your best doers are not generally your best managers. New management is totally ineffective: they added another layer without ousting any of the managers that are holding the company back. This is especially true in IT and loss mitigation.

      1.0
      Sep 9, 2010

      Fear-based employer

      Personal banker
      Recommend
      CEO approval
      Business Outlook

      Pros

      The dental and vision benefits are fairly good. Vacation time is adequate.

      Cons

      Fear is the number one tool management uses to provoke results. The pay is below industry average, around $12/hr for Personal Bankers monthy bonuses are around $75-$100. A lot of the time PB's are in charge of the bank when the mangers are at job training and manager meetings. Turn over is very high and doesn't seem to be slowing down. If we don't reach our goals they make everyone at the branch come in on the last Saturday of the month. We haven't has raises in 3 years...

      2.0
      Aug 11, 2010

      Tough work environment, but it is a job.

      Business analyst
      Recommend
      CEO approval
      Business Outlook

      Pros

      It would be a job. They pay you every two weeks. You will be one of a few people left.

      Cons

      Tough work environment. No raises in 3 years. No promotions. More work and less people to do it. Tough place

      Viewing 952 - 954 of 972 Reviews
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      ReviewsFlagstar Bank 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.