There are newer employer reviews for Flagstar Bancorp

Dissatisfied.

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

I have been working at Flagstar Bancorp

Disapproves of CEO
Disapproves of CEO

Pros

Lunch is about one hour.

Cons

Positions are rigged. Education, experience, don't always move you up the ladder.

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  1. Good people

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Assistant Manager
    Former Employee - Assistant Manager

    I worked at Flagstar Bancorp

    No opinion of CEO
    No opinion of CEO

    Pros

    Nice employees.lots of locations. Great products

    Cons

    lack of advancement opportunity for employees

    Advice to Management

    keep it up

  2. Poor Compensation Plan

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Senior Loan Officer
    Former Employee - Senior Loan Officer

    I worked at Flagstar Bancorp

    Doesn't Recommend
    Disapproves of CEO
    Doesn't Recommend
    Disapproves of CEO

    Pros

    Make your own hours (sort of)
    Great benefits

    Cons

    Poor compensation plan
    Inept management and the company is overwrought with cronyism
    Publicly traded company that is essentially worthless

    Advice to Management

    Raise the comp plan for retail LO's or more and more will be leaving and heading to local mortgage banks (not FDIC banks).

There are newer employer reviews for Flagstar Bancorp

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