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
2.0
Sep 22, 2010
Recommend
CEO approval
Business Outlook

Pros

Friendly customers that continue to come back and see you!

Cons

Some of the management isn't that great, if you turn down a position because of its location, you are shunned from that day forward, your ability to move up is hindered

1.0
Jul 11, 2010
Recommend
CEO approval
Business Outlook

Pros

Bonus and incentive pay are wonderful if you get lucky enough to reach the ridiculous goals they set for the branch.

Cons

They make their branch goals almost impossible to reach. Their mentality on getting clients to open different accounts and products is comparable to that of a cheesy used car salesman. I took training, studied and got certifications to improve myself and my stock within the company so I could move up and I was constantly rejected. Then on the day I submitted my 2 week notice I was offered a management position but by that time I was so sick of how they did business, I didn't care.

3.0
Jun 1, 2010
Recommend
CEO approval
Business Outlook

Pros

As a direct lending manager you have access to the best of both worlds (lender/broker). Your compensation is unlimited because you get to eventually keep all of the profit your team brings in.

Cons

Support system could use work. There is definitely a "go out there an be somebody (with no help)" attitude.

Viewing 970 - 972 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.