Flagstar
Bank
Flagstar
Bancorp of Troy, Michigan, is the second largest banking
institution headquartered in the state. It is also one
of the leading mortgage lenders in the country and a national
leader in the wholesale mortgage business.
Chartered
in 1987 as First Security Savings Bank, today Flagstar
has banking centers in Michigan, Indiana and Georgia.
In addition, Flagstar originates mortgages across the
United States, serving customers through home loan offices
and correspondent relationships.
Despite
its phenomenal growth, Flagstar has never lost touch with
its origins as a community bank and never wavered from
its pledge to provide convenience and value to its customers.
From
its earliest days, Flagstar has taken the lead in developing
innovative technologies that simplify processes for its
customers. Its Web-based solutions put Flagstar at the
forefront of the e-mortgage business, and its commitment
to continually invest in new technologies ensures its
leadership in the industry.
As
a testament to its success, today Flagstar is a leader
among its banking group peers in return on equity, a key
measure of profitability. Flagstar is listed on the New
York Stock Exchange, trading under the symbol FBC.
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