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
Feb 13, 2025

Unstable and Toxic

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Working a hybrid schedule allowed.

Cons

There are layoffs literally ever few months. Nobody knows if they still have a job from one day to the next and up for management changing just as fast doesn't help. Just looking at the amount of staff it's clear how the bank is run behind the scenes. They try to Gaslight with hirings that are just basically Bankers while everyone on the back end gets chopped. They have you doing the job of multiple people and then limit your year review scoring.

1.0
Feb 9, 2025

Over worked

Recommend
CEO approval
Business Outlook

Pros

I can’t think of any since flagstar took over

Cons

The employees right now are overworked especially certain CC2 positions (formerly BOC) as they are required to do everything the branch teller, platform management stuff sales. The managers are not trained enough to handle a lot of things as they were used to throwing everything on the BOC in the past. They do not promote within. It is sales sales sales calls calls calls. It has come to a point where customers has asked not to be harassed. Raises are close to nothing.

4.0
Feb 8, 2025

Great place to work

Recommend
CEO approval
Business Outlook

Pros

Good earning potential, fantastic managers

Cons

Business slowed down due to sale of servicing portfolio

Viewing 130 - 132 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.