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

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Very small bank. It was hard to get used to coming from a big bank

  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Anonymous Employee in Atlanta, GA
Former Employee - Anonymous Employee in Atlanta, GA

I worked at Flagstar Bank

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

Pros

Three weeks vacation. Very flexible schedule. Management gave time off if needed.

Cons

archaeic computer systems. Products do not compare to other banks. underpays all employees. They really need to separate tellers and personal bankers.

Advice to Management

close sundays in ga. This is a bible belt state. People relax on sundays. You need tellers. The branch management without tellers will not work

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  1. Great the first year, each year afterwards more takeaways from the company.

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Report Developer in Troy, MI
    Former Employee - Report Developer in Troy, MI

    I worked at Flagstar Bank

    Disapproves of CEO
    Disapproves of CEO

    Pros

    Co-workers, interesting coding challenges. Flexible work time if required

    Cons

    Work overload. So many cutbacks and takeaways. Lower management helpless when it come to giving raises.


  2. Helpful (1)

    Potential Employees - Stay Away

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

    I worked at Flagstar Bank

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

    Pros

    Good Compensation
    Decent Benefits
    Work-Life Balance is good

    Cons

    Clueless Management
    Only people belonging to the 'inner circle' have their ideas heard
    distrust between groups is encouraged by management
    morale is rock bottom
    7.5 hour workday that is boasted by HR is a complete joke to salaried staff
    Salaried people have to badge in and out with the hourly people but aren't paid overtime. Instead, it is used as a barometer of who is dedicated and who isn't
    Expectation that you are available for monthly builds on weekends but aren't givent any comp time for it

    Advice to Management

    Consider fry-cook at McDonald's, but you are probably under-qualified
    Why do you think that so many people are leaving who are not managers?
    Don't expect people to stay around when you tell them that they should be considered 'blessed' for staying at such a 'great company', give out nothing for raises and then expect the rank and file staff to pick up the work of three other people that you laid off due to your incompetence.


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

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