OK place to work - Anonymous employee Flagstar Bank Employee Review

3.0
Dec 10, 2011
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

- Used to have a pretty good management trainee rotation program, but I heard it has since been discountinued. - Generally friendly people to work with - There was not a strong expectation to work more than 40 hours in my area

Cons

- The banking industry can be depressing to work in especially when I was there in 2008 and watched an entire department get cut - Some significant silos were in certain departments (from the top down) - Pay didn't seem that competitive, although the economy was partially at fault because I worked there 2006-2009 and salaries were frozen

Explore other reviews about Flagstar Bank

5.0
Feb 27, 2026
Recommend
CEO approval
Business outlook

Pros

Very knowledgeable and helpful people who are experts in enterprise systems

Cons

N/A during my time with the company

1.0
Jun 25, 2026
Recommend
CEO approval
Business outlook

Pros

Clients are amazing. Made some real friends.

Cons

No advancement. Will promise you the world to get you to stay. Ask you to give as much notice as possible when you are leaving but will find a ridiculous reason to fire you. Never hitting financial targets so no bonuses. Terrible branch management.

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