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
Sep 25, 2013

Worst place to work

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

There is no Pros I can say about this place

Cons

Management are downers, they like to punish employees, they are never encouraging. You are expected to meet or exceed quota of loans per day, If you don't meet they count it against you. Always sending out reports called QC on a weekly basis to show each employee mistakes, according to the loan officer these are learning tools not to punish you. Ha not true you are allowed only 2% error ratio per year on mistakes you make on a loan. Training is bad, instructor had no inkling clue how to train you, kept calling or asking other employees for answers. Felt miserable in this place daily, not a happy place to work. I plan on telling others please do not bank or work at this place.

3.0
Sep 19, 2013

Flagstar Review

Recommend
CEO approval
Business Outlook

Pros

Good people; knowledgeable resources; average pay range for position

Cons

Due to recent leadership change the bank seems to be in a downsizing mode. Future for many there is uncertain at this time

5.0
Sep 15, 2013

awesome

Recommend
CEO approval
Business Outlook

Pros

this company has awesome pay

Cons

i have absolutely nothing bad to say

Viewing 904 - 906 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.