Fear-based employer - Personal Banker Flagstar Bank Employee Review

1.0
Sep 9, 2010
Recommend
CEO approval
Business Outlook

Pros

The dental and vision benefits are fairly good. Vacation time is adequate.

Cons

Fear is the number one tool management uses to provoke results. The pay is below industry average, around $12/hr for Personal Bankers monthy bonuses are around $75-$100. A lot of the time PB's are in charge of the bank when the mangers are at job training and manager meetings. Turn over is very high and doesn't seem to be slowing down. If we don't reach our goals they make everyone at the branch come in on the last Saturday of the month. We haven't has raises in 3 years...

Explore other reviews about Flagstar Bank

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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