Flagstar Bank Salary

As of September 2026, the average annual salary for employees at Flagstar Bank in the United States is $84,915. This translates to an approximate hourly wage of $41. Salaries at Flagstar Bank typically range from $74,450 to $96,403 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Flagstar Bank Pay for Different Roles?

Explore detailed salary information for specific jobs at Flagstar Bank. Based on our data, the highest paying job is the Director of Servicing Technology, Automation, & Digitization, with an annual salary of $148,450. The table below outlines the annual salary ranges for most popular roles within the company.

Assistant Branch Manager

$66,418 / year

Salary Range: $59,707 - $74,817

Banking and Finance

Branch Manager

$79,189 / year

Salary Range: $68,794 - $89,820

Service Management

BSA/AML Analyst

$88,065 / year

Salary Range: $74,070 - $98,123

Law Enforcement

BSA/AML Specialist

$79,985 / year

Salary Range: $66,442 - $86,320

Law Enforcement

Central Services Processing Specialist

$32,206 / year

Salary Range: $29,403 - $35,304

Hospitality

Communications Change Management Specialist

$78,852 / year

Salary Range: $70,960 - $87,791

Information Technology

Turn Insight into Opportunity: Current Job Openings

Ready for your next career move? Explore current job openings at Flagstar Bank.
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About Flagstar Bank: Company Profile

Website
Data pending, update soon.
Founded In
2019
Employees
3,000 - 7,500 employees
Industry
Financial Services
Headquarter Location
FORT WAYNE
Revenue
<$5 Million
Phone Number
-
Social Media

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Flagstar Bank's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
What sets this firm apart is its balance of ambition and empathy. We're empowered to provide personalized solutions rather than push products. Clients rely on our expertise, and employees take pride in delivering results. Coworkers are diverse and bring rich perspectives to the work. Despite having team members, IT support is responsive and systems are user-friendly.
This organization provides excellent career growth opportunities, supported by clear development paths and leadership guidance. Competitive salary and benefits package. It's a dynamic place to grow professionally in the financial services sector. It’s a decent place to gain foundational experience, but those seeking dynamic challenges might feel limited in growth opportunities. Leadership listens ...
However, that means less flexibility in how work is completed. Clients recognize our firm's quality. The work is fast-paced but rewarding, with opportunities to shape industry trends. The company provides excellent resources and mentorship for career development. Performance is tracked methodically. Colleagues are helpful and motivated, and the company celebrates achievements. Workload varies acro...
Reliable technology stacks make our jobs easier. Board leadership inspires confidence. stands out for its strong emphasis on corporate social responsibility and sustainability.
Leadership is present but distant. The company actively promotes from within. The onboarding process was smooth, and mentorship programs helped me adapt quickly.

Is Flagstar Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Flagstar Bank's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
F & C BANK, MEMBER FDIC $84,103
-1.0%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
F S ASSOCIATES $96,361
+13.5%
Influenced by prevailing union wage agreements specific to F S ASSOCIATES's sector.
F AND B SERVICES $82,017
-3.4%
Normalized for lower cost-of-living zones where F AND B SERVICES primarily operates.
F N B $73,426
-13.5%
F N B may offer non-monetary perks in lieu of competitive base salaries.
Financial Services Industry $121,514
+43.1%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

What Is the Cost of Living Near Fort Wayne?

Understanding the cost of living near Fort Wayne is key to truly evaluating a salary offer or your current compensation at Flagstar Bank.
Fort Wayne's Cost of Living Index is approximately 77.2 (22.8% less expensive than US average; 14.8% less than IN average). NE IN city, very affordable housing. Citilink. When planning your budget based on a salary from Flagstar Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $750 - $1,150+ A significant portion of Flagstar Bank salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (Citilink monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $360 - $530 Can be higher with more dining out or specialty stores.
Personal & Leisure $280 - $550+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $340 - $630+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $1,920 - $3,100+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Flagstar Bank

FAQ 1: How much does a Flagstar Bank employee make?
Flagstar Bank pays its employees an average of $84,915 per year. The average salary at Flagstar Bank range from $74,450 to $96,403 per year. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.
FAQ 2: Which similar company tend to pay more or less than Flagstar Bank?
The salary at Flagstar Bank is higher than the similar company. The average annual salary at Flagstar Bank is $84,915, or an hourly wage of $41, in comparison to F & C BANK, MEMBER FDIC which pays $84,102 per year or $40 per hour.
FAQ 3: Do employees with advanced degrees (Master's, PhD) earn more at Flagstar Bank?
In many roles at Flagstar Bank, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.
FAQ 4: How does the cost of living near Fort Wayne affect the perceived value of a Flagstar Bank salary?
Fort Wayne's Cost of Living Index is approximately 77.2 (22.8% less expensive than US average; 14.8% less than IN average). This significantly impacts the purchasing power of a salary from Flagstar Bank based there. Our "Cost of Living Insights for Fort Wayne" module details this impact, helping you assess the 'real feel' value of your compensation.
FAQ 5: What kind of benefits does Flagstar Bank typically offer employees?
Flagstar Bank generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Flagstar Bank" section on this page.