Run Away - IT Manager Flagstar Bank Employee Review

1.0
Sep 10, 2024
Recommend
CEO approval
Business Outlook

Pros

Coworkers are great and get along well.

Cons

Company is on the decline since the merger. Flagstar used to be a great place to work with an awesome culture until it was bought by a NY bank. Since then the new leaders have run the place to the ground. Nothing gets done, no one knows what’s going on, they are not replacing people that are leaving, and they are rapidly leaving. Flexibility and hybrid work is quickly drying up. They do not promote from within. Salaries are low, half the company didn’t get raises or their bonus since the company is in financial decline. Many are looking for new opportunities.

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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