Don’t trust them - Anonymous employee Flagstar Bank Employee Review

1.0
Nov 6, 2024
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.

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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