Lacks sound technology and security - Anonymous employee Flagstar Bank Employee Review

1.0
30 Apr 2023
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

recent merger could be a plus, but merger is not complete bringing the 2 companies together.

Cons

10+ years behind the industry in technology, security, processes, and competitive products & services. Very possible more layoffs/staffing cuts to come as time progresses closer to 2024. (tons of cuts recently with mortgage line of business and closures of many offices around the country)

Explore other reviews about Flagstar Bank

5.0
27 Feb 2026
Recommend
CEO approval
Business outlook

Pros

Very knowledgeable and helpful people who are experts in enterprise systems

Cons

N/A during my time with the company

1.0
25 Jun 2026
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.

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