Flagstar Bank reviews

2.8

29% would recommend to a friend

(974 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 974 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

974 reviews
2.0
Nov 12, 2024

Unexpected Layoffs

Recommend
CEO approval
Business Outlook

Pros

People at my specific location were nice.

Cons

There really wasn't much support from the beginning. I never actually met anyone outside my brand despite this being a very large company. When I took the position they let me know there were some structural changes happening because of a merger with NYCB. Little did I know I would be part of a layoff just months later just after buying a house.

1.0
Nov 6, 2024

Don’t trust them

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Size of bank and the people working on the frontlines are good people that care about the client/customer.

Cons

Inconsiderate and deceiving. Huge layoff (over 700) with no consideration to the effect on the client. New management let go of many great bankers that they didn’t even get a chance to get to know or give them the tools needed to make it an even better bank. Many of the employees had gone through some tough days due to past financial challenges that the bank experienced and these employees were still committed to the bank and looking forward to making the bank better, but that didn’t matter. I would not trust management they say things to keep employees excited about working for the company and then just cut them off.

Viewing 157 - 159 of 974 Reviews

Glassdoor has 1,069 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.