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 71 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 58 reviews)); "Good work life balance for the most part" ((in 34 reviews)); "Work from home id great" ((in 27 reviews))

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

"Management is poor." ((in 65 reviews)); "Too many layoffs." ((in 30 reviews)); "managing managers have very little idea of the work employees are doing and instead rely on gossip from ladder climbers." ((in 22 reviews)); "Staff is afraid of upper management and do not voice their concerns transparently as they have witness management retaliate." ((in 21 reviews)); "Only cares about how she looks to her senior leadership and steps on the ones below her." ((in 19 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

(972 total reviews)

Alessandro P. DiNello

36% approve of CEO

21% positive business outlook

Ratings by demographic groups

Ethnic group

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Flagstar Bank has an employee rating of 2.8 out of 5 stars, based on 972 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

972 reviews

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.

3.0

19 Jun 2026

Remote work and flexibility overshadowed by frequent layoffs

Anonymous employee

Recommend

CEO approval

Business outlook

Pros

Remote work and flex time.

Cons

Consistent major quarterly layoffs. Layoffs often impacting hundreds of employees at a time.

4.0

11 Jun 2026

Good culture and work, but slow-paced environment

Data scientist

Recommend

CEO approval

Business outlook

Pros

- Nice Culture - Nice Work

Cons

- Slow Moving organization so work feels boring sometimes.

Viewing 1 - 3 of 972 Reviews

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Jobs at Flagstar Bank

Branch Banking Client Consultant I - Fresh Meadows NY

Head of Private Banking Credit Risk

Remote

·

US$202K - US$354K /yr

Credit Products Specialist I

Flagstar Bank

Flagstar Bank Reviews

Company ratings over time

Ratings by demographic groups

Reviews by job title

Great clients and friendships, but poor management

Remote work and flexibility overshadowed by frequent layoffs

Good culture and work, but slow-paced environment

Top companies for "Compensation and Benefits" near you

Jobs at Flagstar Bank