128 Employee Reviews (View Most Recent)

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Great sales experience

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - Personal Banker  in  Jackson, MI
Former Employee - Personal Banker in Jackson, MI

I worked at Flagstar Bancorp part-time for more than a year

Pros

Opportunity to make decent and above average income, great subordinate culture, independence in sales attainment, somewhat supportive management (every manager is different; some great some not so great)

Cons

Commission pay two months out, opportunities for promotion beyond personal banker is difficult and unlikely, positions are available as they are available, no succession planning, very quota/sales driven, new ideas and creativity looked down upon

Advice to ManagementAdvice

Be realistic in employee expectations, get insight from the bottom line, inform before implementation

Recommends
No opinion of CEO

Other Reviews for Flagstar Bancorp

  1.  

    Flagstar bank

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Service Representative  in  Atlanta, GA
    Former Employee - Financial Service Representative in Atlanta, GA

    I worked at Flagstar Bancorp full-time for more than a year

    Pros

    Great schedule, 3 week vacation

    Cons

    pay, responsibilities, little advancement, Cash handling

    Advice to ManagementAdvice

    nothing

    Recommends
    Approves of CEO
  2. 1 person found this helpful  

    If you aren't kissing the bosses...

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Technical Support  in  Troy, MI
    Former Employee - Technical Support in Troy, MI

    I worked at Flagstar Bancorp full-time for more than a year

    Pros

    Ok benefits and time off

    Cons

    Hour Lunch turns the day into almost 8.5 hours / 7.5 hour days (37.5 hour work week).
    Too many micromanagers (has to be a vice president for every 5 workers).
    If you aren't friends with someone you don't move up in the company.
    There is a reason they got out of two other markets..
    Stick to one dress code.. Casual most of the week, once a week shirt and tie, etc. No one cares what they are wearing as long as it looks professional.

    Advice to ManagementAdvice

    Recognizing people for their accomplishments is nice but when you don't offer them any promotions or compensation what's the point in staying?

    Doesn't Recommend
    No opinion of CEO
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