Working at Flagstar Bank | Glassdoor

Flagstar Bank Overview

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Troy, MI
1001 to 5000 employees
1987
Company - Public (FBC)
Finance
$500 million to $1 billion (USD) per year
Unknown
Flagstar Bank, headquartered in Troy, Michigan, is a full-service bank with branches in communities across Michigan. Chartered in 1987 as a federal savings bank, today Flagstar has assets of $13.7 billion. We are the largest banking company headquartered in Michigan, a top-tier ... Read more

Mission: To create a one-of-a-kind banking experience grounded in relationships, nurtured through service, and measured by results.

Our STAR Values of Service, Trust, Accountability and Results are reflected in our daily work, our recognition programs, and ... Read more

Flagstar Bank Reviews

3.2
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Flagstar Bank President & CEO Alessandro P. DiNello
Alessandro P. DiNello
93 Ratings
  • "underwriting assistant"

    Star Star Star Star Star
    Current Employee - Underwriting Analyst in Troy, MI
    Current Employee - Underwriting Analyst in Troy, MI
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Flagstar Bank full-time

    Pros

    Love the hours very flexible, love the benefits.

    Cons

    No clear path for advancement

    Advice to Management

    A clear path for advancement

See All 249 Reviews

Flagstar Bank Interviews

Interview Experience

Interview Experience
54%
32%
13%

Getting an Interview

Getting an Interview
53%
20%
12%
5
5
2

Interview Difficulty

2.6
Average

Interview Difficulty

Hard

Average

Easy
  1. Helpful (1)  

    Regional Sales Manager Interview

    Anonymous Employee in Indianapolis, IN
    Accepted Offer
    Positive Experience
    Average Interview

    Application

    I applied through a recruiter. The process took 4+ weeks. I interviewed at Flagstar Bank (Indianapolis, IN).

    Interview

    Interview by phone from HR Recruiter. He was very friendly and was able to convey a clear picture of the responsibilities of the position. Phone interview by hiring manager, then asked to come in and interview with hiring manager and two peer Regional Sales Managers. I then was interviewed by the Vice President, Regional Operations Manager, and President of Retail Banking. This was a very stressful interview with high stress questions designed to test your reaction to aggressive questioning. Although stressful, it was a great experience and prepared me for interviews like that in the future.

    Interview Questions

    • What makes you a good fit for our organization?   1 Answer
See All 42 Interviews

Company Updates

  • Flagstar Reports First Quarter 2016 Net Income of $39 million, or $0.54 per Diluted Share http://glassdoor.com/slink.htm?key=vIrZx

    Financial News Story

    Net interest margin decreased 3 basis points to 2.66 percent for the first quarter 2016, as compared to 2.69 percent for the fourth quarter 2015. The decrease from the prior quarter was driven primarily by higher cost funding in support of loan growth at the end of the prior quarter, partially offset by increased interest income on loans held-for-investment (mainly commercial loans).

  • http://glassdoor.com/slink.htm?key=vIke6

    Financial News Story

    TROY, Mich., March 11, 2016-For the 11th consecutive year, Flagstar Bank is sponsoring statewide walks to support the March of Dimes March for Babies. Flagstar serves as a sponsor of 12 walks in its community banking markets and as presenting sponsor of the Oakland County walk slated for May 1 at Oakland University.

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Flagstar Bank Awards & Accolades

  • Fannie Mae Servicer Total Achievement and Rewards™ (STAR™) Performer, Fannie Mae, 2015
  • 101 Best and Brightest Companies to Work For in Southeast Michigan, 101 Best & Brightest Companies to Work For, 2009
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Flagstar Bank Locations

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