Flagstar Bank - Stay away! | Glassdoor
There are newer employer reviews for Flagstar Bank
There are newer employer reviews for Flagstar Bank

See Most Recent

"Stay away!"

Star Star Star Star Star
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Retail Banking
Current Employee - Retail Banking
Doesn't Recommend

Pros

Not much to go on. Co-workers are great to work with and benefits are decent.....Get some vacation but seems like a guilt trip anytime you asked for it because staffing is so poor.

Cons

Poor management
Poor compensation
Extemely short staff
Poor attitudes
Micromanagement by force of upper management
Little opportunity
Poorly run company

Advice to Management

Figure out a way to boost employee morale. Senior management gets paid the big bucks. Can't seem to figure out why they can't do that with the positions they hold. Marketing can't seem to figure out how to drive business in the door. Only way to attract outside/potential customers is to go out and get them. Little marketing whatsoever. We are way down on the scale in production as compared to other banks. With extremely minimal staffing, makes it difficult to do our jobs. Need to recognize those that actually do work hard and pay them for it. Don't just hand over extra responsibilies with no reward. Keep your employees happy and the company will improve. Additionally, listen to what your employees have to say. It can't hurt!

Other Employee Reviews for Flagstar Bank

  1. "Once a great company to work for, now just struggling to survive."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Commercial Lender
    Current Employee - Commercial Lender
    Doesn't Recommend

    Pros

    The people you work with along with a decent benefits plan and average vacation time.

    Cons

    Family owned and managed which allows for tough advancement into senior management if you are not a close family friend.

    Advice to Management

    To many bad business decision shot from the hip have cost your company great loss. Maybe by interacting with employees and following common business practices that have been proven to work you would not be in the mess you are in. I have seen alot of the finest employees leave or be let go by a management team that has no idea of the great talent they let go.


  2. "Branch employee"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Flagstar Bank full-time (More than 3 years)

    Pros

    Small bank environment work not overwhelming

    Cons

    Roles not defined, low pay and poor benefits

    Advice to Management

    Communication

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
  • Star
  • Star
  • Star
  • Star
  • Star
 
Click to Rate
or