There are newer employer reviews for Flagstar Bank

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 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. Helpful (1)

    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 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.

  2. Flagstar culture and lack of strategic planning and ROI limits it's potential

    • 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 Bank

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

    Pros

    Flagstar uses realtively new technology. Flagstar's is headquartered in a relatively new facility.

    Cons

    unfair treatment, gossip, lack of formalized/documeted processes, lack of performance feedback, very few professional growth opportunities, esp. training, lack of strategic planning and ROI analysis on projects, short-term thinking.

    Advice to Management

    Analyze the company culture to see if it is helping to achieve the company's strategic goals and objectives. Review projects for ROI potential and alignment with strategic goals and objectives.

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