Skip to contentSkip to footer
      employer cover photo
      employer logo
      employer logo

      Flagstar Bank

      Is this your company?

      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
      Apr 30, 2023

      Lacks sound technology and security

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      recent merger could be a plus, but merger is not complete bringing the 2 companies together.

      Cons

      10+ years behind the industry in technology, security, processes, and competitive products & services. Very possible more layoffs/staffing cuts to come as time progresses closer to 2024. (tons of cuts recently with mortgage line of business and closures of many offices around the country)

      3.0
      Jul 22, 2022

      Not awful, not great

      Senior loan processor
      Recommend
      CEO approval
      Business Outlook

      Pros

      Good diversity, equity, and inclusion initiatives. Pay is fair in my opinion but I also got hired during a major boom in business so my pay might have been higher as a result. Encouraged to grow and seek other roles and training within the organization. Tons of professional growth opportunities in the form of training classes.

      Cons

      It's mortgage. It's a bad time to be in mortgage right now. There have been four rounds of layoffs since March 2022 which absolutely has an impact on morale and overall attitude. Managers micromanage, but they really have no choice because everyone is under such intense pressure to keep loans rolling through despite the drastic market changes. The mergers have all been handled very coldly and with little empathy in my opinion. No one feels safe anymore and it definitely affects the day to day operations when that's the general mood. Due to market conditions and a pending merger, raises this past year were negligible, almost insultingly so. I feel that the company has prioritized this forever-pending merger over their loyal employees and that's a shame.

      1.0
      May 13, 2021

      Run

      Mortgage servicing specialist
      Recommend
      CEO approval
      Business Outlook

      Pros

      The pay & hours are decent

      Cons

      Horrible training, disorganized, mangers could careless about helping in training employees

      Viewing 22 - 24 of 972 Reviews
      Related searches: Flagstar Bank jobs | Flagstar Bank salaries | Flagstar Bank benefits | Flagstar Bank interviews
      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.