Worst place to work - Anonymous employee Flagstar Bank Employee Review

1.0
Sep 25, 2013
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

There is no Pros I can say about this place

Cons

Management are downers, they like to punish employees, they are never encouraging. You are expected to meet or exceed quota of loans per day, If you don't meet they count it against you. Always sending out reports called QC on a weekly basis to show each employee mistakes, according to the loan officer these are learning tools not to punish you. Ha not true you are allowed only 2% error ratio per year on mistakes you make on a loan. Training is bad, instructor had no inkling clue how to train you, kept calling or asking other employees for answers. Felt miserable in this place daily, not a happy place to work. I plan on telling others please do not bank or work at this place.

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5.0
Feb 27, 2026
Recommend
CEO approval
Business Outlook

Pros

Very knowledgeable and helpful people who are experts in enterprise systems

Cons

N/A during my time with the company

4.0
Jul 7, 2026
Recommend
CEO approval
Business Outlook

Pros

Hybrid environment and they contribute to HSA

Cons

Many employees are getting laid off

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