Our Employee Assistance Fund (EAF) was created to support Flagstar Bank employees facing financial challenges in the wake of a federally-declared disaster. Examples of eligible expenses include basic living expenses, essential utilities, medical bills not covered by insurance, and funeral expenses for immediate family members.

With the support of our employees and the Flagstar Foundation, the EAF has provided nearly $170,000 in grants to more than 220 colleagues. $70,000 of the funds provided were raised by employees through our Text to Give campaigns.

The EAF enabled Flagstar to focus efforts inward on employee needs and wellness, demonstrated compassion and caring for employees, and empowered the workforce to come together in supporting each other.

Employee quotes:

“Support for our employees and their families is what makes Flagstar special.”

“This makes me so proud to be a part of this organization. I’m really happy to see us looking out for members of our Flagstar family.”