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

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I'd stay away.

  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Branch Manager in Carmel, IN
Former Employee - Branch Manager in Carmel, IN
Doesn't Recommend

Pros

Pay is decent. Can have some scheduling flexibility. Great place to work if you're content to just follow marching orders.

Cons

A closely held company, management feels and strongly reacts to stock market fluctuations, very poorly. Little support for Branch Managers.

Advice to Management

Listen to your branch employees when they offer feedback. The bank should allow for "bottom up" feedback.

Other Employee Reviews for Flagstar Bank

  1. 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
    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.


  2. 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
    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.


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

See Most Recent

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