Decent bonuses overshadowed by constant changes and micromanagement - Manager Flagstar Bank Employee Review

1.0
18 May 2026
Recommend
CEO approval
Business outlook

Pros

Used to be a decent bank as NYCB before the merger with Flagstar Bank. Decent bonuses if you worked hard and made goals as a team.

Cons

Too many changes in a short time, not for the best, increased goals constantly made them unachievable while getting bobmarded with constant meetings with upper mgmt to report results and plans of action to make the goals, sales. Micromanaging at the branch level. Layoffs at various levels in the bank while, working short staffed and the bank keeps hiring employees in higher paid upper mgmt positions.

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
9 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Direct manager is very nice and caring.

Cons

Horrible pay, even compared to the rest of the industry. Absolutely awful, borderline non-existent commission structure. Lots of empty promises and lies from upper management. No room for growth or opportunity to earn more or advance. Recently they’ve been pushing an aggressive sales culture but with no incentive or commission structures for the employees and poor pay.

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