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 12, 2025

STAY AWAY

Recommend
CEO approval
Business Outlook

Pros

There is absolutely nothing left to recommend this place to anyone.

Cons

First, Sandro DiNello is no longer CEO, Flagstar was awesome under him. Since the near failure of the company under the NYCB leadership, and the influx of outside investment and the overhaul of executive leadership and the board, the employee experience has fallen off of a cliff. Massive layoffs, zero communication from the management, multiple ongoing surprise re-orgs, forcing "return to work" after internal remodels have made the in-office work environment intolerable (the heat hasn't been on in the building all winter, relegating everyone to sit in postage-stamp size "hotel cube farms" in barren, loud workspaces that make it impossible to get work done), and an outright open hostility to anything related to employee satisfaction. Basically, the message is clear - "there's a new sheriff in town, and if you don't like it, quit." AWFUL. This place has done a complete 180 since the days when Sandro lead the company. STAY AWAY!!!!!

3.0
Apr 12, 2025
Recommend
CEO approval
Business Outlook

Pros

*smaller bank, more personable *less stress because they were smaller bank

Cons

*couldn't afford to employees what they were worth *little to no career advancement *technology was from dinosaur ages

3.0
Apr 11, 2025
Recommend
CEO approval
Business Outlook

Pros

You can get autonomy in your space if you’ve come from a large bank as that skillset is needed.

Cons

Company future is uncertain so need to consider if applying .

Viewing 88 - 90 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.