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      Flagstar Bank

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      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

      Ratings by demographic groups

      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
      Jun 7, 2012

      Senior Business Analyst

      Senior business analyst
      Recommend
      CEO approval
      Business Outlook

      Pros

      good location good pay easy hours No supervision

      Cons

      Worst place I have ever worked. No one cares about doing a good job. Salaried employees clock in like they are hourly workers. Everyone is very unprofessional. Profanity flies in the office. Always willing to point finger at others. The morale is horrible and the leaders have a 'morale boosting' committee that is a joke.

      3.0
      Jun 7, 2012

      Michigan owned and operated!

      Loss mitigation
      Recommend
      CEO approval
      Business Outlook

      Pros

      Actually a good company overall. Michigan based company ran and operated by people who actually live in Michigan. I was promoted twice in two years. The opportunity for growth was present, there were always employees transfering departments. Great cafeteria with staff chefs and cooks, flat screen tv's, barbeque cookouts in the summer. Overtime. Really a lot of nice perks.

      Cons

      While the opportunity for growth was there....the pay for performance was severely lacking. While I was promoted twice in a short period of time, I was kept at the same pay grade. Most people within the company were unhappy with their job. Upper Management puts unnecessary pressure on its lower management and that just trickles down to the common employees. Smoke breaks given to people to smoke, but if you do not smoke, do not expect a break other than your lunch. If you called in sick, your manager would call you back and ask what was wrong, why you were taking the day off. Very little respect for work/life balance.

      3.0
      May 21, 2012

      I was promoted from within and given room to grow, but remain very underpaid and slightly overworked.

      Systems administrator
      Recommend
      CEO approval
      Business Outlook

      Pros

      New hires are generally well paid and given opportunities to establish themselves. Support for training and professional development is also generally high. The bank is also frequently investigating or implementing new systems to bolster it's mortgage and lending platforms.

      Cons

      At times management and it's actions completely disconnect from reality in the IT department. IT makes solving problems long term very difficult. I can't speak for banking. The new management seems to be aligning the banking and lending arms with the needs of small businesses and mortgage consumers well.

      Viewing 931 - 933 of 974 Reviews
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      ReviewsFlagstar Bank 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.