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

See Most Recent

Would've Liked to Stay

  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Branch Manager
Current Employee - Branch Manager

I have been working at Flagstar Bank

No opinion of CEO
No opinion of CEO

Pros

As a direct lending manager you have access to the best of both worlds (lender/broker). Your compensation is unlimited because you get to eventually keep all of the profit your team brings in.

Cons

Support system could use work. There is definitely a "go out there an be somebody (with no help)" attitude.

Advice to Management

Make sure future branch managers have all the tools at their disposal (processors, originators, human resource support) before you even think about opening an office.

0 reviews filtered by
  • Any Location
  • Any Job Title
  • Any Status
  1. flagstar ok stepping stone

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Mortgage Loan Processor
    Former Employee - Mortgage Loan Processor

    I worked at Flagstar Bank

    Approves of CEO
    Approves of CEO

    Pros

    Flagstar has a competitive wage, ok benefits, friendly working staff, upper management is good at handling lower management problems or laziness.

    Cons

    not much room for growth, long hours, not much vacation time or flexibility with schedule, small benefits package. lower management needs more training.

    Advice to Management

    Offer room for growth or opportunities to go back to school. offer more of a flexible schedule, better benefits for families.


  2. Flagstar Bank will elevate you to new levels, if you do the same for them

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

    I have been working at Flagstar Bank

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    Flagstar Bank offers a level of security that is not found in larger financial institutions today. The institution is primarily run by a family who started the firm and has been in the business for 39 years. They are very family focused and the employees reap the benefits with support from management. There was an employee who passed away a few years ago and left behind children and a wife and had no life insurance. The leadership stepped up and created a fund to help the family is very short order. That in itself speaks volumes about the type of firm you would be working for. Do not be mistaken, they are very shrewd and make the tough decisions every day. But overall, Flagstar is an amazing company to work for.

    Cons

    Recent private equity investment injecting the typical big bank mentality after years of bliss

    Advice to Management

    Listen to other than yourselves!


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

See Most Recent

Work at Flagstar Bank? Share Your Experiences

Flagstar Bank

 
Click to Rate
or

Your response will be removed from the review – this cannot be undone.