BranchWatch

Flagstar Bank

Legal institution: Flagstar Bank, National Association. Headquartered in Hicksville, NY. Part of Flagstar Financial, Inc. FDIC certificate #32541 · Federal Reserve RSSD 694904.

Total assets
$87.1B
Deposits
$66.8B
Q1 2026
Active branches
345
Closings since Jan 2020
97
4 openings since Jan 2020
All locations →Quarterly financials →

Financial snapshot — Q1 2026

All quarters →
Net income (quarter)
$21M
Return on assets
0.10%
Return on equity
1.03%
Noncurrent loan rate
4.78%

Deposits by year (Summary of Deposits)

15
2019
19
2020
20
2021
17
2022
89
2023
80
2024
70
2025

Values in $ billions, June 30 of each year.

Closings by year

2
2020
1
2022
17
2023
3
2024
74
2025

Openings by year

2
2023
1
2024
1
2025

Other network changes since 2020

  • 8 branch relocations
  • 275 branches acquired through purchases or mergers
  • December 1, 2022: legal name changed from “Flagstar Bank, FSB” to “Flagstar Bank, National Association”

Branches by state

New York 108Michigan 101New Jersey 31Florida 27Ohio 26Indiana 24California 12Arizona 12Wisconsin 3North Carolina 1

Recent closings (30 of 97)

All figures transcribed from FDIC BankFind Suite records: structure-change history, quarterly financial reports and the annual Summary of Deposits · bank site: www.flagstar.com.