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Flagstar Bank salaries
Flagstar Bank salary estimate
$44,813yearly
Understanding Flagstar Bank Salaries
At Flagstar Bank, the average salary is $44,813 per year. Salaries vary based on job roles, departments, and geographic locations. For instance, positions within finance often offer higher compensation, reflecting the expertise required in this sector. Additionally, employee benefits enhance overall compensation packages, contributing to a positive workplace culture.
Highest Paying Positions
Flagstar Bank provides numerous high-paying roles, particularly in management and finance. Understanding the specific salary ranges for different positions can help potential applicants gauge their earning potential. Employees working in areas such as investment banking or financial analysis are likely to earn above the average salary.
Regional Salary Differences
The bank's salary estimates also differ by state, influenced by local economic conditions and cost of living. By analyzing these factors, job seekers can better assess their financial expectations when considering a position with Flagstar Bank.
Highest paying jobs at Flagstar Bank
The highest paying jobs at Flagstar Bank are lead application developer, java application developer, senior software engineer, and solutions architect. Lead application developer jobs at Flagstar Bank earn an average yearly salary of $119,585, Flagstar Bank java application developer jobs average $107,918, and Flagstar Bank senior software engineer jobs average $107,698.
The lowest paying Flagstar Bank roles include imaging clerk and cashier. Flagstar Bank imaging clerk average salary is $29,394 per year. So while the average Flagstar Bank salary is $44,813 there is a big variation in pay depending on the role.
Highest paying jobs at Flagstar Bank
| Rank | Job title | Average Flagstar Bank salary | Hourly rate |
|---|---|---|---|
| 1 | Lead Application Developer | $119,585 | $57.49 |
| 2 | Java Application Developer | $107,918 | $51.88 |
| 3 | Senior Software Engineer | $107,698 | $51.78 |
| 4 | Solutions Architect | $105,967 | $50.95 |
| 5 | Subject Matter Expert | $101,473 | $48.79 |
| 6 | Systems Administrator | $74,454 | $35.80 |
| 7 | Business Analyst | $68,276 | $32.83 |
| 8 | Internal Auditor | $59,491 | $28.60 |
| 9 | Account Executive | $57,756 | $27.77 |
| 10 | Finance Quantitative Analyst | $57,613 | $27.70 |
| 11 | Branch Manager | $57,323 | $27.56 |
| 12 | Accountant | $56,788 | $27.30 |
| 13 | Fraud Investigator | $44,509 | $21.40 |
| 14 | Loan Officer | $43,905 | $21.11 |
| 15 | Mortgage Underwriter | $43,217 | $20.78 |
| 16 | Senior Underwriter | $40,660 | $19.55 |
| 17 | Team Leader | $39,126 | $18.81 |
| 18 | Mortgage Processor | $37,301 | $17.93 |
| 19 | Claim Specialist | $37,223 | $17.90 |
| 20 | Loss Mitigation Specialist | $36,731 | $17.66 |
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Average Flagstar Bank salary by state
Flagstar Bank pays the highest salaries in Michigan due to higher costs of living and competition in the state.
| Rank | State | Average Flagstar Bank salary | Hourly rate |
|---|---|---|---|
| 1 | Michigan | $44,475 | $21.38 |
| 2 | Indiana | $43,317 | $20.83 |
| 3 | Ohio | $42,902 | $20.63 |
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Flagstar Bank salaries by department
Salaries at Flagstar Bank vary depending on the department you work in. Flagstar Bank salaries in the engineering department are the highest with an average salary of $97,446. Employees in the marketing department at Flagstar Bank receive relatively high salaries as well, with an average salary of $78,561 per year. Departments that don't pay as well at Flagstar Bank include the customer service and the retail organizational functions, with employees earning average salaries of $33,367 and $33,595, respectively.
Average Flagstar Bank salary by department
| Rank | Department | Average Flagstar Bank salary | Hourly rate |
|---|---|---|---|
| 1 | Engineering | $97,446 | $46.85 |
| 2 | Marketing | $78,561 | $37.77 |
| 3 | IT | $71,171 | $34.22 |
| 4 | Plant/Manufacturing | $55,130 | $26.50 |
| 5 | Accounting | $54,486 | $26.20 |
| 6 | Sales | $52,608 | $25.29 |
| 7 | Finance | $40,036 | $19.25 |
| 8 | Administrative | $36,060 | $17.34 |
| 9 | Retail | $33,595 | $16.15 |
| 10 | Customer Service | $33,367 | $16.04 |
How much does Flagstar Bank pay by department?
Best paying Flagstar Bank finance salaries
| Rank | Position | Average Flagstar Bank salary | Hourly rate |
|---|---|---|---|
| 1 | Bank Officer | $66,790 | $32.11 |
| 2 | Reporting Analyst | $66,539 | $31.99 |
| 3 | Finance Quantitative Analyst | $57,613 | $27.70 |
| 4 | Branch Manager | $57,323 | $27.56 |
| 5 | Investment Banking Internship | $50,493 | $24.28 |
| 6 | Banking Center Manager | $47,423 | $22.80 |
| 7 | Fraud Investigator | $44,509 | $21.40 |
| 8 | Loan Officer | $43,905 | $21.11 |
| 9 | Mortgage Underwriter | $43,217 | $20.78 |
| 10 | Senior Underwriter | $40,660 | $19.55 |
| 11 | Consultant | $39,242 | $18.87 |
| 12 | Mortgage Processor | $37,301 | $17.93 |
| 13 | Claim Specialist | $37,223 | $17.90 |
| 14 | Post Closer | $36,968 | $17.77 |
| 15 | Loss Mitigation Specialist | $36,731 | $17.66 |
| 16 | Personal Banker | $36,035 | $17.32 |
| 17 | Relationship Banker | $35,232 | $16.94 |
| 18 | Loan Processor | $35,231 | $16.94 |
| 19 | Finance Service Representative | $32,987 | $15.86 |
Best paying Flagstar Bank engineering salaries
| Rank | Position | Average Flagstar Bank salary | Hourly rate |
|---|---|---|---|
| 1 | Lead Application Developer | $119,585 | $57.49 |
| 2 | Senior Java Developer | $114,679 | $55.13 |
| 3 | SQL Database Administrator | $112,191 | $53.94 |
| 4 | Senior Software Engineer | $107,698 | $51.78 |
| 5 | Build-Release Engineer | $91,607 | $44.04 |
| 6 | Hadoop Administrator | $78,471 | $37.73 |
| 7 | Project Manager & Leader | $73,644 | $35.41 |
| 8 | ETL Consultant | $70,898 | $34.09 |
| 9 | Programmer | $65,098 | $31.30 |
| 10 | Technical Analyst | $64,695 | $31.10 |
| 11 | Data Analyst | $58,493 | $28.12 |
| 12 | Telecommunications Specialist | $42,557 | $20.46 |
| 13 | Help Desk Specialist | $37,715 | $18.13 |
Best paying Flagstar Bank customer service salaries
| Rank | Position | Average Flagstar Bank salary | Hourly rate |
|---|---|---|---|
| 1 | Support Analyst | $55,905 | $26.88 |
| 2 | Escalation Specialist | $36,890 | $17.74 |
| 3 | Senior Supervisor | $34,143 | $16.41 |
| 4 | Customer Service Representative | $33,183 | $15.95 |
| 5 | Processing Specialist | $32,529 | $15.64 |
| 6 | Call Center Representative | $32,514 | $15.63 |
| 7 | Customer Service Supervisor | $32,279 | $15.52 |
| 8 | Support Staff | $31,700 | $15.24 |
| 9 | Call Center Agent | $31,469 | $15.13 |
Flagstar Bank competitors’ average salaries
Average salaries at Flagstar Bank competitors, like E*TRADE Financial, Wintrust Financial, and Union Federal Mortgage Corp, vary. E*TRADE Financial employees earn the highest salaries, with an average yearly salary of $86,946. The average salary at Wintrust Financial is $71,392 per year, and the average salary at Union Federal Mortgage Corp is $65,719 per year.
Highest paying Flagstar Bank competitors
| Rank | Company name | Zippia score | Average salary |
|---|---|---|---|
| 1 | E*TRADE | 4.0 | $86,946 |
| 2 | Wintrust Financial | 4.9 | $71,392 |
| 3 | Union Federal Mortgage Corp | 4.0 | $65,719 |
| 4 | The Harbor Bank of Maryland | 3.9 | $57,492 |
| 5 | Desert Community Bank | 4.0 | $55,876 |
| 6 | Access Bank | 4.4 | $55,314 |
| 7 | First Horizon Bank | 3.9 | $53,996 |
| 8 | Nationstar Mortgage | 4.8 | $53,776 |
| 9 | Home Savings Mortgage | 3.6 | $51,621 |
| 10 | Freedom Mortgage | 4.8 | $49,768 |
| 11 | HomeStreet Bank | 4.9 | $48,589 |
| 12 | Fifth Third Bank | 4.6 | $48,033 |
| 13 | M&T Bank | 4.7 | $45,852 |
| 14 | Huntington National Bank | 4.4 | $45,417 |
| 15 | First Merchants | 4.5 | $43,114 |
| 16 | Associated Bank | 4.6 | $39,591 |
| 17 | PHEAA | 4.1 | $39,446 |
| 18 | Old National Bank | 4.4 | $36,954 |
| 19 | Commerce Bank | 4.4 | $36,626 |
| 20 | SECU | 4.2 | $32,703 |
Recently added Flagstar Bank salaries
| Job | Location | Date added | Salary |
|---|---|---|---|
| Branch Banking Client Consultant I | New York, NY | 06/27/2025 | $39,924 |
| Check Operations Specialist | Jackson, MI | 06/27/2025 | $35,479 |
| Branch Banking Client Consultant I | Deer Park, TX | 06/27/2025 | $35,479 |
| ACH Operations Specialist SR. | Troy, NY | 06/27/2025 | $39,924 |
| ACH Operations Specialist | Troy, NY | 06/27/2025 | $35,479 |
Frequently asked questions about Flagstar Bank salaries
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Zippia gives an in-depth look into the details of Flagstar Bank, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Flagstar Bank. The employee data is based on information from people who have self-reported their past or current employments at Flagstar Bank. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Flagstar Bank. The data presented on this page does not represent the view of Flagstar Bank and its employees or that of Zippia.
Flagstar Bank may also be known as or be related to FLAGSTAR BANCORP INC, Flagstar Bancorp Inc, Flagstar Bancorp, Inc, Flagstar Bancorp, Inc., Flagstar Bank and Flagstar Bank, Fsb.