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Flagstar Bank Salary

Flagstar Bank Salary

How Much Does Flagstar Bank Pay for employees?

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As of August 2026, the average weekly salary for employees at Flagstar Bank in the United States is $1,633. This translates to an approximate annual wage of $84,915. Salaries at Flagstar Bank typically range from $1,432 to $1,854 weekly, reflecting the diverse roles and experience levels within the company. Flagstar Bank’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

How Much Does Flagstar Bank Pay for Different Roles?

The table below outlines the annual salary ranges for popular roles within the company, helping you benchmark potential earnings. Use 'View by Card/Table' option to find the data most relevant to your career path.

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

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Turn Insight into Opportunity: Current Job Openings

Ready for your next career move? Explore current job openings at Flagstar Bank.
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Job Title Location Release Date

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.
Commented in April 02, 2025
28
3
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 ...
Commented in February 03, 2025
36
3
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...
Commented in November 30, 2024
29
2
Reliable technology stacks make our jobs easier. Board leadership inspires confidence. stands out for its strong emphasis on corporate social responsibility and sustainability.
Commented in October 22, 2024
34
1
Leadership is present but distant. The company actively promotes from within. The onboarding process was smooth, and mentorship programs helped me adapt quickly.
Commented in March 24, 2024
11
2

How Flagstar Bank's Salaries Compare to Similar Companies?

The data below provides a snapshot of what comparable firms are paying, offering crucial context for evaluating Flagstar Bank’s pay competitiveness. Click on a company for a deeper dive.

Is Flagstar Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Flagstar Bank’s compensation stack up against the market? This analysis visualizes their average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
Flagstar Bank
Financial Services
F & C BANK, MEMBER FDIC
F S ASSOCIATES
Industry Comparison
Our data shows that, on average, compensation at Flagstar Bank is below the average for the U.S. Financial Services industry by approximately 30%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Flagstar Bank average annual salary with several similar companies. Flagstar Bank average salary of $84,915 is higher than F & C BANK, MEMBER FDIC, which has an average salary of $84,102. It is lower than F S ASSOCIATES, with their average salary at $96,361. This places Flagstar Bank in a mid-range position among its peers.
See Your True Competitors
The companies behind the question marks could be hiring your best people. Don't operate with incomplete data. Unlock your full competitive view with Salary.com for Business to precisely benchmark salaries, benefits, and more against your true competitors.

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.

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