Flagstar Bank delivers banking, lending, and wealth management services for individuals, families, businesses, and institutions of all sizes. Wherever you are on your financial journey, we’re here to help you move forward.
As one of the largest regional banks in the country, we have the scale to support complex needs and the attention to tailor solutions to you.
Headquartered in Hicksville, New York, Flagstar has $87.1 billion in assets, $60.7 billion in loans, $66.8 billion in deposits, and $8.1 billion in total stockholders’ equity (at March 31, 2026).
Our roots date back to 1859, when Queens County Savings Bank opened as the first bank in Queens. Today, Flagstar has a national lending platform and more than 300 branches across the New York–New Jersey metro area and upper Midwest. Our private banking practice continues to open new locations across the county so we’re available when and where our clients need us.
All financial information as of March 31, 2026
$87.1B
TOTAL ASSETS
$66.8B
TOTAL DEPOSITS
Approximately 340
LOCATIONS
Joseph M. Otting
Executive Chairman and Chief Executive Officer of Flagstar Bank, N.A.
Flagstar’s pivot to diversified lending and future-proof tech
Read the Crain’s Detroit Business article featuring Joseph Otting.
Richard Raffetto
Co-President, Co-Chief Operating Officer, and Chief Banking Officer
Big enough to matter. Small enough to care.
Read Rich Raffetto's feature in CEO North America Magazine
Originator Choice Award
National Mortgage Professional, 2023
Best Overall Mortgage Lender
NerdWallet, 2024
Top Workplaces
Detroit Free Press, 2023
Best and Brightest Companies to Work For
2017–2023
2024 Top Producing Lender
MSHDA
Customer Service for Middle Market Banking
in the U.S.