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    Our Corporate Responsibility Journey

    We’ve built a culture of good corporate citizenship, for the benefit of our business and our communities.

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    Why Corporate Responsibility Matters

    Flagstar CEO Sandro DiNello shares our ESG achievements from 2021. 

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    Built on the efforts of the Flagstar Foundation, we give back to our communities by promoting workforce readiness, arts and culture, and financial capability.

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Environmental, Social, and Governance Social Outreach & Volunteerism

Outreach & Volunteerism

Catalyzing positive change in our communities.

Volunteer hours

In 2021, Flagstar employees volunteered 5,726 hours with 303 different organizations.

 

For a second year, COVID-19 led to the cancellation of volunteer events, but that didn’t stop Flagstar employees. They quickly pivoted to virtual volunteerism, including online homebuyer education and financial literacy workshops. When possible, we continued volunteering in person to help distribute food or clean up local areas. 

Board placement

Flagstar employees at all levels serve on scores of nonprofit boards. We are honored that they serve our communities in this way, and we pledge to facilitate, nurture, and increase these connections. 

 

“I have a newfound respect and admiration for the nonprofits whose purpose is to help others. At Flagstar, we help others achieve homeownership, among many other services. However, this is different. The services provided by Centro Multicultural La Familia impact people in a completely different way by bringing awareness and support to those in need.”
- Carolyn Kohls, SVP and Director, Quality Control and Appraisal Management, Centro Multicultural La Familia board member

 

“It all comes back to Admiral Bill McRaven’s 2014 commencement speech at the University of Texas at Austin. If we meet 10,000 people in our lifetime, and if everyone at Flagstar can make a difference in the lives of just 10 of those people, and those 10 make a difference in the lives of 10 people, then in five generations (125 years), we will have changed the lives of the current U.S. population. One more generation, and we would have changed the lives of nearly everyone on the planet. If everyone lives a life filled with respect and service to others, the world will become a better place.”
- Philip Kotwick, Senior Development Manager, IT, Soldiers’ Angels advisory board member

 

“Allow yourself to step out of your comfort zone, think outside the box, and make sure the organization is something you truly believe in. Also, have fun with it and be yourself. The rewards far outweigh the time and commitment.”
- Angelo Rea, Senior Credit Officer, Credit Risk Administration, Detroit Regional LGBT Chamber of Commerce board member

 

Flagstar employees serve on boards of many different organizations:

American Lung Association

Anchor Initiative

Apple Valley Kiwanis Foundation-Kiwanis Club of Apple Valley

Beneath the Surface Foundation

Big Brothers Big Sisters of Jackson County, Inc.

Boys Hope Girls Hope of Detroit

Business Leaders of Michigan

Cass Community Social Services, Inc.

Centro Multicultural La Familia

Chamber Music Society of Detroit

Community Foundation of Zeeland/Holland Area

CARE Connect & Restore Community Outreach

Cranbrook Educational Community

Crohn's & Colitis Foundation of America

Cultural Arts Center of the High Desert

Detroit Cristo Rey High School, Inc.

Detroit Horse Power

Detroit Public Schools Foundation

Detroit Regional LGBT Chamber, Inc.

Dickinson County Salvation Army

Downtown Boxing Gym Youth Program

Dutton Farm

Family Services and Children’s Aid

Forgotten Harvest

Fort Wayne Civic Theatre

Girls Scouts of Southeastern Michigan

Good Measure, Inc.

Happy Trails Children's Foundation

High Desert Homeless Services, Inc.

Hillsdale CASA, Inc.

Housing Services Mid-Michigan

Indiana Black Expo-Fort Wayne

Inforum

InsideOut Literary Arts Project

Jackson Friendly Home

Junior Achievement of Northern Indiana

Junior Achievement of South Bend

Korean-American Women’s Association of Michigan

Lao Community Association of Holland

Latino Family Services

Lighthouse of Michigan

Local Initiatives Support Corporation (LISC) Detroit Program

Macomb County Rotating Emergency Shelter Team (MCREST)

Macomb Food Program

Matrix Human Services

Metropolitan Affairs Coalition

Michigan Community Resources

Michigan Council of Women in Technology Foundation

Michigan Jump$tart Coalition for Personal Financial Literacy

Michigan Opera Theatre

Michigan Roundtable for Diversity and Inclusion

Millennials Matter USA

Mojave Valley United Fund, Inc.

MTU Fund-Parade of Nations and Multi-Cultural Festival

National American Arab Nurses Association

Paint Creek Center for the Arts

Rende Progress

Simple Kindness for Youth

Soldiers' Angels

Southwest Solutions

Superior Arts Youth Theatre

The Carr Center

The John George Home

Todd Martin Youth Leadership

Twelve Baskets Food Pantry

United Way Delta County

United Way of Allen County

United Way of Dickinson County, Inc.

Victor Valley College District Foundation, Inc.

Victor Valley Community Services Council

Victor Valley Domestic Violence, Inc.

Victorville Rotary Foundation, Inc.

Virtual Dialysis Support Center, Inc. (VDSC)

Vista Maria

Wayne Metro Community Action Agency

Western Michigan University Foundation

Winning Futures

YMCA of Metropolitan Detroit

Youthworks Detroit

YWCA Greater Flint

YWCA Northeast Indiana, Inc.

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Member FDIC Equal Housing Lender
Flagstar has been named one of the Top 100 Banks by GOBankingRates.
Flagstar has been named one of the Top 100 Banks by GOBankingRates.
Flagstar is proud to be recognized by Forbes as one of America’s Best Banks.
Flagstar is proud to be recognized by Forbes as one of America’s Best Banks.