FLAGSTAR BANK
Flagstar Bank, officially known as Flagstar Bancorp, Inc., was established in 1987 initially as First Security Savings Bank. Thomas J. Hammond was the Chairman at the establishment of the bank, but another name, Jay J. Hansen, is also associated with the bank's founding. The bank is headquartered in Troy, Michigan. It operates as a savings and loan holding company providing a range of banking services including commercial, small business, and consumer banking through its branches. As of a recent update, the bank operates 436 branches spread across Michigan, Indiana, California, Wisconsin, and Ohio. To Read Core Details Of Flagstar Bank In short CLick Here.
Flagstar Bank underwent a name change, incorporating as Flagstar Bancorp in 1993. Notably, Flagstar Bank became a significant sponsor in the sports arena by being the jersey sponsor of the Detroit Pistons of the National Basketball Association for the 2017-18 season.
The bank has seen changes in its operational scope over the years. Recently, it was acquired by New York Community Bancorp, Inc., significantly expanding its asset base and branch network. Following this acquisition, as of June 30, 2023, the bank operates 436 branches and has assets totaling $118.8 billion. Flagstar’s routing number is 272471852. Here is the list of Flagstar Bank Routing Numbers CLick Here.
Flagstar Bank has continued to grow and evolve, positioning itself as a notable player in the financial sector, especially in the regions it operates. Through strategic partnerships and acquisitions, the bank has significantly expanded its reach and service offerings to its customers over the years.
FLAGSTAR BANK INFORMATION
Bank Name | Flagstar Bank |
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Headquarters | 5151 Corporate Drive, Troy, Michigan 48098 |
Bank Class | Savings & Loan Association |
CEO | Alessandro DiNello |
Bank FDIC | Certificate #32541 |
Swift Code | FLGSUS33XXX |
Location | 436 Branches in 5 states |
Routing Number | Click Here |
President | Alessandro DiNello |
Customer Service | 1 (888) 248-6423 |
Credit Card Support | 1 (888) 248-6423 |
Number of Employees | 5341 |
ISIN | US3379307057 |
Key People | John D. Lewis (Chairman), Alessandro DiNello (President and CEO) |
Website | https://www.flagstar.com/ |
FLAGSTAR BANK ROUTING NUMBERS
Flagstar’s routing and transit number is 272471852.
FLAGSTAR BANK SWIFT CODE FLGSUS33XXX DETAILS
A SWIFT code, also known as a BIC (Bank Identifier Code), is a standard format for uniquely identifying banks globally, especially during international transactions. It comprises 8-11 characters. The first 4 characters represent the bank's code, the next 2 denote the country, followed by 2 for the city. The remaining characters (which are optional) specify the bank's branch. This system ensures secure and efficient cross-border transfers. For instance, when sending money overseas, one would need the recipient's bank SWIFT code. It acts as an address that tells where to send the money, ensuring funds reach the correct institution.
FLAGSTAR BANK
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Country code A-Z
2 letters representing the country the bank is in.
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Location code 0-9 A-Z
2 characters made up of letters or numbers. It says where that bank's head office is.
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Branch Code 0-9 A-Z
3 digits specifying a particular branch. 'XXX' represents the bank’s head office.
FLAGSTAR BANK IN STATES
HISTORY OF FLAGSTAR BANK
Below is a list of some important events in banks history, including mergers and acquisitions.
DATE | EVENT |
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05-20-1987 | Institution established. Original name: First Security Savings Bank Fsb. |
06-30-1988 | Changed Institution Name to First Security Savings Bank, Fsb. |
09-04-1990 | Main Office moved to 2600 Telegraph Road, Bloomfield Hills, MI 48013. |
05-31-1991 | Changed Trust Powers to Full. |
01-01-1996 | Changed Institution Name to Flagstar Bank, Fsb. |
02-01-1996 | Acquired Security Savings Bank, Fsb (30008) in Jackson, MI. |
10-10-2000 | Main Office moved to 5151 Corporate Drive, Troy, MI 48098. |
07-21-2011 | Changed Primary Federal Regulatory Agency to Occ. |