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. To assist our customers who may have been impacted by the COVID-19 crisis, we implemented various relief measures.

For 90 days (March 26 – June 24), we have waived the following bank fees:

• 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 still experiencing a financial hardship and need additional assistance please reach out to your local branch banker.