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Environmental, Social, and Governance Social Supplier Diversity

Supplier Diversity

Our commitment to diversity includes our business partners.

Flagstar Bank is committed to working with a diverse network of suppliers that provide quality products and services, competitive pricing, and first-rate performance and delivery within the communities we serve. Diversity among our business partners helps us innovate, create value, and puts us at a competitive business advantage.

 

Qualification criteria

Businesses that are at least 51% owned, operated, and controlled by U.S. citizens who are members of one of the following groups qualify as certified diverse suppliers:

  • African Americans, Hispanic Americans, Native Americans, Asian Pacific Americans, Asian Indian Americans, and other individuals found to be qualified by the Small Business Administration (SBA) under 13 CFR 124.1051
  • Disabled individuals
  • Women
  • Service veterans and disabled veterans
  • Members of the LGBTQ community

 

Supplier selection

We're dedicated to focusing on building quality business relationships by selecting suppliers based on the following criteria:

  • Quality products and services
  • Competitive pricing
  • Quality performance and delivery

 

Organizations we support

Our commitment to supplier diversity is also reflected in our support of the following organizations:

  • Detroit Regional LGBT Chamber of Commerce
  • Michigan Hispanic Chamber of Commerce
  • Michigan Minority Supplier Development Council
  • National Minority Supplier Development Council
  • Southern California Minority Supplier Development Council
  • Veteran-Owned Business Roundtable

 

Partner with us

If you are interested in becoming a supplier for Flagstar Bank, please email us at [email protected]. Our third-party management team will contact you for additional conversations. Engagement with our third-party management team and/or meeting the supplier diversity qualification criteria will not produce a preferred supplier status, but it does allow for potential consideration as future opportunities arise.

You may also be interested in:

Recognition for Our DE&I Efforts
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DE&I Vision & Strategy
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DE&I Partnerships
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1Americans as used in this provision means American Indians, Eskimos, Aleuts, and native Hawaiians.

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©2023 Flagstar Bank
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.