Mergers changed culture - Lead Business Analyst Flagstar Bank Employee Review

1.0
Feb 23, 2023
Recommend
CEO approval
Business outlook

Pros

Before merger announcement, it was a great culture. Team oriented, motivational. Good pay, and PTO. Now.....it's not the same company.

Cons

Stay away from this place. I expect the Detroit office to be cleared by end of 2024. They want onsite full time eventually.....and the CEO likes to be called Mr. My manager used me as their fall person. When they clearly didn't know how to do their job. when I shared my evidence (signed requirements) the HR people were just smoke and mirrors. And unhelpful when I had evidence proving otherwise. They want yes people. If you have an opinion, you're labeled as abrasive and then promotions, will be withheld. The CIO hired her buddies so good luck on getting a promotion. Management is toxic for now. Give it a few years for the toxic people to be realized and forced out. NOT worth the pay. Officer titles were only for those that brown nosed and didn't set healthy boundaries aka worked extra hours....and most of the people just sat looking busy My manager didn't know what they were doing, and would talk outside both of sides of their mouth. Expectations would change but never communicated. They're doing away with bonuses.

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

2.0
Mar 10, 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Benefits are decent. Average PTO

Cons

My experience with this company has been disappointing. Branch goals are unrealistic with no marketing or brand awareness to support the high goals and teams feel defeated. Senior leadership often communicates in a demeaning way, which has contributed to high turnover and declining morale. Despite emphasizing the importance of ‘hiring right,’ the President of Consumer Banking has cycled through three heads of Consumer Banking in just three years. The annual review process is long and drawn out (5 month process) and feels inconsistent and more like a popularity contest than a true evaluation of performance. Although the scale ranges from 1–5, employees are told that most ratings will fall in the 2–3 range, with 4s being rare and 5s essentially unattainable. The calibration process appears to focus more on filling predetermined rating quotas than assessing actual contributions. Employees are required to write their own reviews, which are then rewritten by leadership before being sent to HR for calibration. The final ratings often seem influenced more by internal politics than by merit. Annual increases are very minimal or zero. Overall, the environment lacks transparency, fairness, and genuine support for employee growth.

5
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