Flagstar Bank reviews

2.8

29% would recommend to a friend

(974 total reviews)
avatar

Alessandro P. DiNello

36% approve of CEO

21% positive business outlook

Flagstar Bank has an employee rating of 2.8 out of 5 stars, based on 974 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

974 reviews
1.0
Apr 4, 2025

Sinking Ship

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

There are no pros to this company anymore

Cons

Flagstar merged with NYCB and thus has got to be one of the quickest collapses I have ever seen. The company is run by private equity who are just getting the company prepped for sale by selling of any valuable assets. Every month there is a round of layoffs. People are afraid to look at their email for the next layoff. I was told in February my job is safe but found out in April it was not and that decision was made awhile ago. This company is not transparent and flat out lies. Pre merger is was a laidback place to work for but the CEO and board got greedy and forced through a merger that shouldn’t have been. There is currently a lawsuit against the company since NYCB lied about their income and losses. Avoid at all costs.

1.0
Mar 6, 2025

Client Consultant

Recommend
CEO approval
Business Outlook

Pros

There are no pros to this job.

Cons

Overworking their staff, underpaying, unreasonable goals and constant stress. No empathy for any workers unless you're a a higher-up.

Viewing 70 - 72 of 974 Reviews

Glassdoor has 1,069 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.