January 18, 2017 1:54 AM ET

Thrifts and Mortgage Finance

Company Overview of Flagstar Bank, FSB

Company Overview

Flagstar Bank, FSB provides banking products and services to individuals and businesses in Michigan. It offers personal banking products and services, such as checking accounts, certificates of deposit, certificate of deposit account registry service, savings accounts, money market accounts, and IRAs; loans, including loans to purchase new home, refinancing solutions, personal loans, home equity solutions, mortgages, and credit cards; and investment accounts, including traditional and Roth IRA, educational accounts, and health savings accounts. The company provides business banking products and services, including checking, treasury management, government banking, and merchant services; busi...

5151 Corporate Drive

Troy, MI 48098-2639

United States

Founded in 1987





Key Executives for Flagstar Bank, FSB

Chief Executive Officer, President, Director, Chief Executive Officer of Flagstar Bancorp, Inc and Director of Flagstar Bancorp, Inc
Age: 61
Chief Financial Officer and Executive Vice President
Age: 50
Chief Operating Officer
Age: 41
President of Mortgage Banking Division
Age: 61
President for Mortgage Banking
Age: 57
Compensation as of Fiscal Year 2016.

Flagstar Bank, FSB Key Developments

Flagstar Bank Appoints Don Klein as Senior Vice President of Business Development

Flagstar Bank announced that it has appointed Don Klein as senior vice president of business development, to expand its subservicing offering. Klein, who has 25 years of experience in the mortgage industry, has most recently served as director of business development at Ocwen Financial Corp., in West Palm Beach, Florida. Klein started his career at PMI Mortgage Insurance Co., in Walnut Creek, California, where he held a variety of positions over 20 years, including regional vice president; director, customer experience; and senior director of national account servicing.

Flagstar Bank Hires Leonard Israel as President for Mortgage Operations

Flagstar Bank has announced that it has hired a president for its mortgage operations. Leonard Israel has been hired to the position and he will report to Flagstar Bank president and CEO, Alessandro DiNello. He will be responsible for all aspects of the bank's mortgage originations business. He has close to 30 years of experience in the mortgage industry.

Flagstar Bancorp Inc. and Flagstar Bank, FSB Announce the Resignation of Michael C. Flynn as Executive Vice President and Chief Legal Officer, Effective June 30, 2015

On June 18, 2015, Michael C. Flynn announced his intention to resign as Executive Vice P resident and Chief Legal Officer of Flagstar Bancorp Inc. and its wholly-owned subsidiary, Flagstar Bank, FSB, effective June 30, 2015.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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