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
3.0
Jul 16, 2012

Variety

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Good physical work environment, coworkers, ease of hiring process.

Cons

Goals and processes change rapidly, communication regarding changes lags behind, and the company and employees seem to operate from the perspective of trying to keep the business they have and gain more, while employees seem to operate from the perspective of trying to attain ever changing and varied/vague goals and keep their jobs.

1.0
Sep 9, 2010
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...

Viewing 952 - 954 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.