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There are newer employer reviews for Flagstar Bank

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Still here

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

I have been working at Flagstar Bank

No opinion of CEO
No opinion of CEO

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 Management

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.

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

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

    I have been working at Flagstar Bank

    Doesn't Recommend
    Doesn't Recommend

    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 Management

    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.


  2. Helpful (1)

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

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

    I have been working at Flagstar Bank

    Approves of CEO
    Approves of CEO

    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 Management

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


There are newer employer reviews for Flagstar Bank
There are newer employer reviews for Flagstar Bank

See Most Recent

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