Relief programs for consumer deposit accounts

Consumer deposit accounts

At Flagstar Bank, we understand that these are unprecedented times, and we’re here to help. We are offering the following relief measures to customers who may be impacted by fees as a result of COVID-19.

Effective March 26th, the following fee waivers and relief measures will be in place until Wednesday, June 24 (90 calendar days).

• Monthly Maintenance Fees on Checking, Savings and Money Market Accounts
• ODLOC Transfer Fee
• Overdraft Transfer Fee from a linked account-- (Deposit Overdraft (OD) Protection) - $10
• Consecutive Days Overdrawn (OD) Fee
• Excessive Debit Fee for Money Market and Savings Accounts – Transaction limitations will no longer apply effective May 1.
• Cashiers checks and money orders fees
• Incoming Wire Fee

If you are experiencing a financial hardship and need additional assistance please call our customer support at (888) 248-6423.