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

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Do More With Less.

  • 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

Doesn't Recommend
No opinion of CEO
Doesn't Recommend
No opinion of CEO

Pros

Company is trying to re-invent itself. Losses are improving.

Cons

The culture is changing from a regional family bank into a big bank culture which slows the pace of adaptability. External influences from government regulators and investors make for quickly shifting priorities. Difficult to get things done.

Advice to Management

Figure out a way to align human resources to work on highest priority items

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  1. 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

    I worked at Flagstar Bank

    Doesn't Recommend
    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.


  2. 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.


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

See Most Recent

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