128 Employee Reviews (View Most Recent)

Sort: Rating Date

 

Once a great company to work for, now just struggling to survive.

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

I have been working at Flagstar Bancorp

Pros

The people you work with along with a decent benefits plan and average vacation time.

Cons

Family owned and managed which allows for tough advancement into senior management if you are not a close family friend.

Advice to ManagementAdvice

To many bad business decision shot from the hip have cost your company great loss. Maybe by interacting with employees and following common business practices that have been proven to work you would not be in the mess you are in. I have seen alot of the finest employees leave or be let go by a management team that has no idea of the great talent they let go.

Doesn't Recommend

Other Reviews for Flagstar Bancorp

  1.  

    Still here

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Business Analyst  in  Troy, MI
    Current Employee - Business Analyst in Troy, MI

    I have been working at Flagstar Bancorp

    Pros

    Great people, good times, hoep for the best. Learned a lot of aspects of banking. Potential of being a great regional bank. Need mortgages to come back to get earnings right and the stock price back above one dollar. Going through a growth period and capital struggle. Need to clean house and make efficient and effective moves.

    Cons

    Banking isn't good right now

    Advice to ManagementAdvice

    Think before you act. Listen to your employees, they have some good ideas. Don't be wasteful because that is how its always been done. get compentent systems because they work, not because of relationships.

    No opinion of CEO
  2. 1 person found this helpful  

    As everywhere, need to make compromises between what you want and what you are willing to settle for.

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

    I have been working at Flagstar Bancorp

    Pros

    Usually get to work on leading edge technologies.
    Some very solid technical team members.

    Cons

    IT management somewhat disassociated from developer pain points.
    Too much of a top down management style in IT.

    Advice to ManagementAdvice

    Say what you mean and mean what you say.
    Be more transparent.

    Approves of CEO
There are newer employer reviews for Flagstar Bancorp.

Worked for Flagstar Bancorp? Contribute to the Community!

Your response will be removed from the review – this cannot be undone.