Flagstar Bancorp Reviews
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Feb 3, 2009
2009-02-03 20:39 PST
Details
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 Senior Management
Listen to other than yourselves!
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Commercial Lender:
“Once a great company to work for, now just struggling to survive.”
Jan 31, 2009
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Business Analyst in Troy, MI:
“Still here”
Jan 21, 2009
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Anonymous in Troy, MI:
“As everywhere, need to make compromises between what you want and what you are willing to settle for.”
Oct 10, 2008
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Anonymous in Troy, MI:
“Flagstar culture and lack of strategic planning and ROI limits it's potential”
Oct 3, 2008
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Senior Application Developer in Troy, MI:
“IT or Politics? Hard to tell the difference here.”
Aug 20, 2008
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Loan Originator in Kirkland, WA:
“I will be here...but will they?”
Aug 20, 2008
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Csr in Farmington, MI:
“cdr”
Jun 12, 2008
