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Troy-based Flagstar Bancorp acquired by N.Y. bank in $2.6B deal; Some banks to keep Flagstar name

Troy-based Flagstar Bancorp acquired by N.Y. bank in $2.6B deal; Some banks to keep Flagstar name
Posted at 7:41 AM, Apr 26, 2021
and last updated 2021-04-26 07:41:25-04
TROY, Mich. (WXYZ) â Troy-based Flagstar Bankcorp announced Monday it will be acquired by New York Community Bancorp in a $2.6 billion deal.
According to Flagstar, the two companies will combine in an all-stock merger with its main headquarters on Long Island and regional headquarters in Troy, which will include Flagstar s mortgage operations.
The Flagstar Bank brand will be maintained in the Midwest as well as the Flagstar mortgage division. All other banks will keep their current branding. ....

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Michigan-based Flagstar Bancorp acquired by N.Y. bank in $2.6B deal; Some banks to keep Flagstar name

Troy-based Flagstar Bankcorp announced Monday it will be acquired by New York Community Bancorp in a $2.6 billion deal. ....

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