Flagstar Bancorp

www.flagstar.com
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There are newer employer reviews for Flagstar Bancorp

 

Stay away!

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Retail Banking
Current Employee - Retail Banking

I have been working at Flagstar Bancorp

Pros

Not much to go on. Co-workers are great to work with and benefits are decent.....Get some vacation but seems like a guilt trip anytime you asked for it because staffing is so poor.

Cons

Poor management
Poor compensation
Extemely short staff
Poor attitudes
Micromanagement by force of upper management
Little opportunity
Poorly run company

Advice to ManagementAdvice

Figure out a way to boost employee morale. Senior management gets paid the big bucks. Can't seem to figure out why they can't do that with the positions they hold. Marketing can't seem to figure out how to drive business in the door. Only way to attract outside/potential customers is to go out and get them. Little marketing whatsoever. We are way down on the scale in production as compared to other banks. With extremely minimal staffing, makes it difficult to do our jobs. Need to recognize those that actually do work hard and pay them for it. Don't just hand over extra responsibilies with no reward. Keep your employees happy and the company will improve. Additionally, listen to what your employees have to say. It can't hurt!

Doesn't Recommend

151 Other Employee Reviews for Flagstar Bancorp (View Most Recent)

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  1.  

    Not a great place to work as they claim to be.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Post Closing Associate in Troy, MI
    Former Employee - Post Closing Associate in Troy, MI

    I worked at Flagstar Bancorp

    Pros

    People
    Time off
    Loyal Employees
    Hard working Employees

    Cons

    Pay
    Not promoting people, hard to move to a different department

    Advice to ManagementAdvice

    Treat employees well and with respect. Management not fair most of the time to employees.

    Doesn't Recommend
    Disapproves of CEO
  2.  

    Very small bank. It was hard to get used to coming from a big bank

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee in Atlanta, GA
    Former Employee - Anonymous Employee in Atlanta, GA

    I worked at Flagstar Bancorp

    Pros

    Three weeks vacation. Very flexible schedule. Management gave time off if needed.

    Cons

    archaeic computer systems. Products do not compare to other banks. underpays all employees. They really need to separate tellers and personal bankers.

    Advice to ManagementAdvice

    close sundays in ga. This is a bible belt state. People relax on sundays. You need tellers. The branch management without tellers will not work

    Doesn't Recommend
    Disapproves of CEO
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