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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
      Sep 9, 2010

      Fear-based employer

      Personal banker
      Recommend
      CEO approval
      Business Outlook

      Pros

      The dental and vision benefits are fairly good. Vacation time is adequate.

      Cons

      Fear is the number one tool management uses to provoke results. The pay is below industry average, around $12/hr for Personal Bankers monthy bonuses are around $75-$100. A lot of the time PB's are in charge of the bank when the mangers are at job training and manager meetings. Turn over is very high and doesn't seem to be slowing down. If we don't reach our goals they make everyone at the branch come in on the last Saturday of the month. We haven't has raises in 3 years...

      2.0
      Aug 11, 2010

      Tough work environment, but it is a job.

      Business analyst
      Recommend
      CEO approval
      Business Outlook

      Pros

      It would be a job. They pay you every two weeks. You will be one of a few people left.

      Cons

      Tough work environment. No raises in 3 years. No promotions. More work and less people to do it. Tough place

      1.0
      Aug 10, 2010

      Low pay

      Licensed banker
      Recommend
      CEO approval
      Business Outlook

      Pros

      Easy to shine, but no reward for going the extra mile.

      Cons

      Very, Very low pay. No raises going on 3 years now. Sometimes you have to work from 7 to 7. 7 day work weeks, no weekends. All for 10-14 dollars an hour; seriously.

      Viewing 955 - 957 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.