Flagstar Bank reviews

2.8

29% would recommend to a friend

(972 total reviews)
avatar

Alessandro P. DiNello

36% approve of CEO

21% 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 7, 2025

Poor Managemnt

Recommend
CEO approval
Business Outlook

Pros

Not Applicable. Don't see anything positive with current management of the company

Cons

Company is suffering due to poor management decisions

1.0
Apr 4, 2025

Sinking Ship

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

There are no pros to this company anymore

Cons

Flagstar merged with NYCB and thus has got to be one of the quickest collapses I have ever seen. The company is run by private equity who are just getting the company prepped for sale by selling of any valuable assets. Every month there is a round of layoffs. People are afraid to look at their email for the next layoff. I was told in February my job is safe but found out in April it was not and that decision was made awhile ago. This company is not transparent and flat out lies. Pre merger is was a laidback place to work for but the CEO and board got greedy and forced through a merger that shouldn’t have been. There is currently a lawsuit against the company since NYCB lied about their income and losses. Avoid at all costs.

2.0
Apr 2, 2025

unacceptable

Recommend
CEO approval
Business Outlook

Pros

It was good in the beginning-

Cons

too many changes, too often lack of training to the extreme favoritism to its fullest if you are type A personality you are on the chopping block managers are in the dark worse than employees even if you were the top producer and giving it 100% if managers didn't like for her/his personal reason (while everyone else liked you) they will get rid of you- although you came in with a smile every day, took on jobs that were not yours- pushed to excel and to help others- they dont care!

Viewing 94 - 96 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.