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, 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
Partner organizations
Our commitment to supplier diversity is also reflected in our support of the following organizations:
- Detroit Regional LGBT Chamber of Commerce
- Great Lakes Women’s Business Council
- Michigan Diversity Council
- Michigan Hispanic Chamber of Commerce
- National Minority Supplier Development Council and its Michigan Council
- Veteran-Owned Business Roundtable
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