Does Flagstar Bank pay their employees well?

According to anonymously submitted Glassdoor reviews, Flagstar Bank employees rate their compensation and benefits as 2.7 out of 5. Find out more about salaries and benefits at Flagstar Bank. This rating has decreased by 9% over the last 12 months.

How satisfied are employees working at Flagstar Bank?

29% of Flagstar Bank employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Flagstar Bank 3.3 out of 5 for work life balance, 2.8 for culture and values and 2.5 for career opportunities.

What are the top reviewed jobs at Flagstar Bank?

Customer Service Representative (26) , Client Consultant (22) , Mortgage Loan Officer (20) , Bank Teller (19) , Relationship Banker (19) , Branch Manager (18) , Mortgage Loan Processor (16) , Financial Service Representative (13) , Intern (13) , Assistant Branch Manager (12) , Analyst (11) , Assistant Manager (11) , Manager (11) , Personal Banker (10) , Underwriter (10)

What are the pros of working at Flagstar Bank according to real employee reviews?

"Good benefits if you care about that" ((in 68 reviews)); "Pay was good until merger with to NY Bancorp and my department was outsourced to India" ((in 62 reviews)); "The people were great and going to work was always a pleasure" ((in 53 reviews)); "Good work life balance for the most part" ((in 31 reviews)); "With COVID going on I could work from home and the hours were flexible." ((in 26 reviews))

What are the cons of working at Flagstar Bank according to real employee reviews?

"Management is poor." ((in 69 reviews)); "Lots of layoffs" ((in 29 reviews)); "managing managers have very little idea of the work employees are doing and instead rely on gossip from ladder climbers." ((in 24 reviews)); "Lack of leadership on the upper management including market manager Jodie." ((in 20 reviews)); "Only cares about how she looks to her senior leadership and steps on the ones below her." ((in 20 reviews))

What are employees saying about Flagstar Bank redundancies in 2026?

Explore Glassdoor’s employee reviews to understand what current and former employees are saying about Flagstar Bank redundancy and their outlook for job security at Flagstar Bank in 2026.

Flagstar Bank Reviews

2.8

29% would recommend to a friend

(974 total reviews)

Alessandro P. DiNello

36% approve of CEO

21% positive business outlook

Flagstar Bank has an employee rating of 2.8 out of 5 stars, based on 974 company reviews on Glassdoor which indicates that most employees have an average working experience there. The Flagstar Bank employee rating is 25% below average for employers within the Finance industry (3.7 stars).

Reviews by job title

974 reviews

4.0

7 Jul 2026

Hybrid work environment, but layoffs are frequent

Funds transfer officer

Recommend

CEO approval

Business outlook

Pros

Hybrid environment and they contribute to HSA

Cons

Many employees are getting laid off

2.0

7 Jul 2026

Decent pay and hybrid work, but poor management

Senior network engineer

Recommend

CEO approval

Business outlook

Pros

Compensation is decent Hybrid work environment

Cons

Management is horrible Poor communication Lots of layoffs

1.0

25 Jun 2026

Great clients and friendships, but poor management

Client consultant

Recommend

CEO approval

Business outlook

Pros

Clients are amazing. Made some real friends.

Cons

No advancement. Will promise you the world to get you to stay. Ask you to give as much notice as possible when you are leaving but will find a ridiculous reason to fire you. Never hitting financial targets so no bonuses. Terrible branch management.

Viewing 1 - 3 of 974 Reviews

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Jobs at Flagstar Bank

Head of Private Banking Credit Risk

United States

·

US$202K - US$354K /yr

(Employer provided)

View job

Branch Banking Client Consultant I

Credit Products Specialist I

Flagstar Bank

Flagstar Bank Reviews

Company ratings over time

Reviews by job title

Hybrid work environment, but layoffs are frequent

Decent pay and hybrid work, but poor management

Great clients and friendships, but poor management

Top companies for "Compensation and Benefits" near you

Jobs at Flagstar Bank