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
Mar 22, 2026

Unstable company, Does not value employees

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great colleagues with multiple locations

Cons

Toxic work environment. Mandated a 6 day work week for branch employees. Constantly hiring but simultaneoulsy laying off people and claiming a reduction in force. Conducted downward salary adjustments to some employees, and withheld bonuses and stock allocations for others, Timed their layoffs to avoid paying bonuses. Conducted a layoff due to costs and then the following week reported that the bank is doing well, If you accept an offer here, anticipate it being short termed.

Viewing 13 - 15 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.