Flagstar Bank offers exceptional full-service banking and lending expertise with a distinctive, personal focus. Chartered in 1987 as a federal savings bank, today Flagstar has assets of $16.9 billion, is the fifth largest bank mortgage originator nationally,1 and the third largest savings bank in the country. Our team’s financial craftsmen possess skill and pride in their work that is reflected in their commitment to creating solutions tailor-fit for each customer.
Our commitment extends to the community, where we support efforts which promote homeownership and financial well-being all across Michigan, including special grant programs, down payment assistance, and CRA mortgage programs. Our employees donate their time volunteering in a variety of programs and organizations in the communities we serve.
As a community bank, we operate 99 branches in Michigan and provide a full complement of products and services, including builder financing and loan syndications. Our commercial banking business is based on relationships and built on trust, relying on talented bankers to custom-craft solutions for customers. Our mortgage division operates nationally through 89 retail locations and a wholesale network of more than 1,000 brokers in all 50 states. We are also a leading servicer and sub servicer of mortgage loans—handling recordkeeping for $98 billion in home loans.
Flagstar Bank is a subsidiary of Flagstar Bancorp, which is listed on the New York Stock Exchange under the symbol FBC.