Flagstar Bank, National Association

Our records indicate that this bank has been acquired by New York Community Bank.

Headquarters

102 Duffy Ave
Hicksville, NY 11801
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 5.50% →
1-Year CD N.A. 4.65% →
2-Year CD 3.75% 4.25% →
5-Year CD N.A. 4.05% →
30-Year Mortgage N.A. 4.91% →
15-Year Mortgage N.A. 4.39% →
HELOC N.A. 0.99% →
Public Note: May be branded as New York Community Bank in New York, New Jersey and Connecticut.

April 8, 2024

2024 Overview

General Bank Information

Flagstar Bank, National Association is an FDIC insured institution located in Hicksville, NY. It was founded in 1987 and has approximately $118.99 billion in assets. Customers can open an account at one of its 100 branches.

May be branded as New York Community Bank in New York, New Jersey and Connecticut.

FDIC Insured Yes
FDIC Certificate # 32541
Date Established 1987
Assets $ 118.99 billion
Loans $ 81.13 billion
Deposits $ 79.68 billion
Capital $ 8.99 billion
 

For a more detailed analysis of Flagstar Bank, National Association's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - December 18, 2024

Your Current Location: Ohio, OH 43085

CD Rates APY MIN MAX
7 Month CD Special
4.40% $500 $250,000 Learn More
13 Month CD Special
4.25% $500 $250,000 Learn More
24 Mo CD
3.75% $500 $250,000 Learn More

Checking Rates APY MIN FEE
Flagstar Ready Checking 0.00% $0 $3.00 Learn MoreShow Less
SimplyPlus+ Checking 0.01% $1,000 $15.00 Learn MoreShow Less

Loan Rates - December 18, 2024

Your Current Location: Ohio, OH 43085

There are currently no loan rates available for Flagstar Bank, National Association

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Ohio 30 Year Fixed Mortgage Rates 2024

Lender APR Rate (%) Monthly
Payment
Learn More
Advantage Lending
NMLS ID: 2592312
License#: RM.805266.000
6.623% 6.500%
0.88 points
$4,281 fees
$2,023 Learn More
Sebonic
NMLS ID: 66247
6.694% 6.625%
0.75 points
$2,275 fees
$2,049 Learn More
Mutual of Omaha Mortgage, Inc.
NMLS ID: 1025894
6.743% 6.625%
1.00 points
$3,894 fees
$2,049 Learn More
PenFed Credit Union
NMLS ID: 401822
7.034% 6.875%
1.00 points
$5,195 fees
$2,103 Learn More

Featured - Ohio Home Equity Line Of Credit Rates 2024

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
Intro APR 7.240 %
After Intro: 7.240 %
$0 Learn More
More Info
Rate
Rate
See Table
Intro APR 7.900 %
After Intro: 7.900 %
$25,000 Learn More
More Info

Note to Flagstar Bank, National Association
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Flagstar Bank, National Association branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Columbus,Ohio



Climate Policy and Initiatives


Flagstar has outlined its climate initiatives here.

Updated November 30, -0001


Climate Score: C

Flagstar has outlined a program of investing in sustainable solutions, but mistakenly includes natural gas infrastructure, hydrogen and ethanol among those projects that are desirable climate solutions.


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Financial Details

Flagstar Bank, National Association Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Flagstar Bank, National Association. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Flagstar Bank, National Association U.S. Bank Average
24.55% 4.48%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of June 30, 2024, Flagstar Bank, National Association had $2,512,859,000 in non-current loans and $6,535,000 in owned real estate. To cover these potential losses it had $8,993,116,000 in equity and $1,268,348,000 in loans loss reserves. That gives it a Texas Ratio of 24.55%.

Return on Equity
Flagstar Bank, National Association U.S. Bank Average
-13.27% 10.46%

Flagstar Bank, National Association has a Return on Equity of -13.27% versus the BestCashCow average of 10.46%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Flagstar Bank, National Association U.S. Bank Average
7.56% 10.84%

Flagstar Bank, National Association has a Capitalization of 7.56% versus the BestCashCow average of 10.84. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Flagstar Bank, National Association Balance Sheet Analysis

As of June 30, 2024, Flagstar Bank, National Association had assets of $118,993,651,000, loans of $81,129,826,000, and deposits of $79,682,020,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

June 30, 2024
ASSETS
Cash & Balances due from depository institutions $ 18.99 billion
Interest-bearing balances $ 18.28 billion
Total securities $ 10.55 billion
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 81.13 billion
Loan loss allowance $ 1,268.35 million
Trading account assets $ 101.70 million
Bank premises and fixed assets N.A.
Other real estate owned $ 6.54 million
Goodwill and other intangibles $ 1,678.28 million
All other assets $ 1,516.41 million
     Total Assets $ 110.00 billion
LIABILITIES
Total deposits $ 79.68 billion
      Interest-bearing deposits $ 61.81 billion
      Deposits held in domestic offices $ 79.68 billion
      % insured (estimated) 79.22%
Federal funds purchased and repurchase agreements $ 121.06 million
Trading liabilities $ 14.17 million
Other borrowed funds $ 4.12 billion
Subordinated debt N.A.
All other liabilities $ 511.33 million
      Total Liabilities $ 110.00 billion
      Shareholders’ Equity $ 8.99 billion

Summary Income Statement

June 30, 2024
INCOME AND EXPENSES
Total Interest Income $ 3.06 billion
Total Interest Expense $ 1,835.71 million
Net interest income $ 1,225.38 million
Provision for loan and lease losses $ 704.83 million
Total non interest income $ 218.36 million
Total non interest expense $ 1,485.86 million
Pre-tax Net Operating Income $ 156.61 million

Bank Loan Profile?

The top three loan types in Flagstar Bank, National Association’s loan portfolio are 1-4 Family Residential Loans, Construction and Development Loans, and Commercial Real Estate.

Compared to other banks, Flagstar Bank, National Association’s loan portfolio does not show any specific loan specialty.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 9.10
Multifamily
Mortgages
0.22
Credit Card Loans 0.00
Consumer Auto Loans 0.01
Small Business Loans 0.19
Construction and Development Loans 2.04
Commercial Real Estate 2.03
Commercial and Industrial Loans 1.79
Farm Loans 0.00

Customer Reviews for Flagstar Bank, National Association


  • August 24, 2018

    Flagstar is nothing but a bunch of bitches and if they think i.m sending this check to them signed they can kiss my fuckin ass. I will let this house fall apart before they make a damn dime of me, How you people sleep at night just blows my mind and any one that works for them can kiss my ass to. I will see you low life scum sucking ass holes in court.


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*Should any logos, images or public notes appear on this page,they do so courtesy of Flagstar Bank, National Association and are not subject to approval of BestCashCow. BestCashCow expressly disclaims all responsibility for this content.