Flagstar Bancorp
2.4 of 5 117 reviews
www.flagstar.com Troy, MI 1000 to 5000 Employees

117 Employee Reviews (View Most Recent)

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Good leapfrog company, poor structure

Loan Analyst (Current Employee)
Troy, MI

ProsCompetitive pay, normal hours, good benefits, good PTO, opportunity to move up

ConsHR is VERY slow processing promotions, 5+ years before PTO increase or promotion, poor executive management structure ("reorganizations" are very common. Ive been hear 14 months and already 3 reorgs in my department)

Advice to Senior ManagementPay UW's and lower level managers better because you are losing them to competitors, provide a better promotion from within plan.

Yes, I would recommend this company to a friend

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    Review

    Anonymous Employee (Current Employee)

    I have been working at Flagstar Bancorp


    Pros: BPS per loan are good for a bank Cons: Not a clear direction of where company is headed More
    • Culture & Values
           
    • Work/Life Balance
           
    • Senior Management
           
    • Comp & Benefits
           
    • Career Opportunities
           
    • No Opinion of CEO

     

    Great sales experience

    Personal Banker (Former Employee)
    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… Cons: Commission pay two months out, opportunities for promotion beyond personal banker is difficult and unlikely, positions are… Advice to Senior Management: Be realistic in employee expectations, get insight from the bottom… Yes, I would recommend this company to a friend More
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