This month is an opportunity to celebrate Italian immigrants and their descendants across America. We’re thrilled to recognize their values, achievements, and lasting influence.
Flagstar Bank
Banking
Hicksville, NY 41,051 followers
Flagstar Bank N.A. was acquired by New York Community Bancorp, Inc., the holding company for Flagstar Bank N.A.
About us
Thank you for visiting Flagstar Bank on LinkedIn, and we look forward to being part of your financial journey. On December 1, 2022, New York Community Bank (NYCB) and Flagstar Bank joined together to become one company. Today, New York Community Bancorp, Inc. is the parent company of Flagstar Bank, N.A., one of the largest regional banks in the country. The company is headquartered in Hicksville, New York. At June 30, 2024, the company had assets of $119.1 billion. We operate over 400 branches across 10 states, including a significant presence in the Northeast and Midwest and locations in high growth markets in the Southeast and on the West Coast. Flagstar Mortgage operates nationally through a wholesale network of approximately 3,000 third-party mortgage originators. We believe in cultivating a diverse, inclusive, and respectful workplace that engages employees, broadens perspectives, and encourages teamwork. We hire people who represent the talents, experiences, backgrounds, and diversity of the communities we serve. Together our goal is to deliver a new energy in banking to our customers, opening new doors for financial and personal success. Customers will have access to a broad spectrum of technology, products and services—all with a shared customer-first approach. Relationships are at the center of all that we do, enhanced by our commitment to delivering local market expertise, personalized solutions, and a long-standing focus on strengthening our communities. Follow us on LinkedIn to stay up to date on news and updates, new hires, community initiatives, access to our collective insights, and banking industry updates that you need to know.
- Website
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http://www.flagstar.com
External link for Flagstar Bank
- Industry
- Banking
- Company size
- 5,001-10,000 employees
- Headquarters
- Hicksville, NY
- Type
- Public Company
- Specialties
- Mortgage, Commercial Banking, Personal Financial Services, Government Banking, Small Business Banking, Retail Banking, Insurance, Investing, Savings, and Business Banking
Locations
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Primary
Hicksville, NY , US
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Troy, MI 48098, US
Employees at Flagstar Bank
Updates
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From our employee resource groups to ESG initiatives and supplier diversity programs, we have embraced DEI as a core value that drives our organization forward. We’re pleased and proud that the American Bankers Association has recognized us as a winner in its 2024 Diversity, Equity & Inclusion awards. Flagstar took the winning spot in the Outstanding DEI Overall Program category. It’s a huge honor and a point of pride for the entire Flagstar team. More about our DEI efforts here: http://spr.ly/6041UXogv
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Long before ESG became a buzzword, it was part of our company values. Flagstar has always been involved in helping our communities thrive. Today, we have ambitious goals that prioritize environmental and social issues and corporate governance. Our new report reflects our progress in these areas. Here are a few highlights: • Reaching our goal to reduce greenhouse gas emissions 7 years ahead of schedule • Growing our diverse mentorship program to serve 150 mentees • Investing $100 million in Community Reinvestment Act projects to help close the wealth gap To learn more about our philanthropic giving, diversity initiatives, code of conduct, ethics, and sustainability efforts, you can view or download the report here: https://lnkd.in/gXizfgRN
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We are excited to welcome Joe Abruzzo to Flagstar, where he will lead our national corporate banking and regional commercial banking practices. In this role, he will focus on building a true C&I business through trusted, value-add relationships and a deep understanding of our clients’ ambitions, challenges, and needs. “Through seasoned banker coverage and a personal relationship with the bank’s key decision makers, we aim to offer business owners and executives the banking relationship they are desperately missing,” he said. “Flagstar has a relatively small legacy C&I business, but with over $100 billion of assets, the bank is in a unique position to offer the capital and services our clients need in a highly personalized way.” With almost 40 years of banking experience, largely with JP Morgan, Joe knows firsthand the positive societal impact and value created when a commercial banking business is executed responsibly. Joe joins us from Santander, where he served as a member of the US executive committee and head of commercial banking. Based in New York, he will build a team that will work with clients across the country. We are thrilled to have you on board, Joe!
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We are excited to welcome Rita Dailey to Flagstar, where she will head our Commercial Deposits & Payment Solutions businesses. In this role, she will drive the bank’s commercial product strategy, business and wealth deposit growth, and an expanding range of vertical markets nationwide. “Flagstar cares about our clients and what they need—it’s what drives us,” Rita said. “We’re building products, services, and forward-looking digital solutions that will meet our clients where they are now and where they want to go. Today’s banking landscape is highly competitive, and our clients expect and deserve outstanding solutions, service, insights, and execution.” Rita brings substantial executive credentials to Flagstar. She has 30 years of hands-on client relationship management, strategic product design, and leadership of high-performing teams, with a keen focus on profitable growth. She recently relocated to the East Coast from California, where she leads a national team serving commercial, real estate, business banking, and private banking/wealth client relationships.
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It was another home run for metro Detroit as crowds converged on Royal Oak for Soaring Eagle Eagle Arts, Beats & Eats. It’s the area’s traditional end-of-summer rite, and Flagstar was proud to return as a presenting sponsor. We were even prouder to collect canned goods in our branches to support Forgotten Harvest, an AB&E core partner, in its mission to fight food insecurity. See you next year!
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Let’s celebrate the hard work and dedication of talent acquisition professionals. Apply for a position at Flagstar to see our amazing TA specialists in action (and be a part of a great team!). Visit www.flagstar.com/careers.
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Let’s celebrate your hard work—you’ve earned it! #HappyLaborDay