Fear-based employer - Personal Banker Flagstar Bank Employee Review

1.0
9 Sept 2010
Recommend
CEO approval
Business outlook

Pros

The dental and vision benefits are fairly good. Vacation time is adequate.

Cons

Fear is the number one tool management uses to provoke results. The pay is below industry average, around $12/hr for Personal Bankers monthy bonuses are around $75-$100. A lot of the time PB's are in charge of the bank when the mangers are at job training and manager meetings. Turn over is very high and doesn't seem to be slowing down. If we don't reach our goals they make everyone at the branch come in on the last Saturday of the month. We haven't has raises in 3 years...

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 June 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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