
Organization
Flagstar Bank scores poorly mainly due to high-risk discriminatory philanthropy and advocacy/funding practices that reflect race and identity-based preferences over merit-based standards. While its political actions are lower risk, the combination of medium-risk cancellations and high-risk categories elsewhere indicates a pattern of allowing political activism to influence corporate decisions.
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Flagstar Bank was an American commercial bank headquartered in Troy, Michigan. The bank was founded in 1987 and operated as a consumer and commercial bank, mortgage lender, and offered financial services. Flagstar Bancorp, Inc. was acquired by New York Community Bancorp, Inc. on December 1, 2022. New York Community Bancorp subsequently rebranded all of its branches under the Flagstar name and changed its name to Flagstar Financial in 2024. In a corporate restructuring in 2025 Flagstar Financial changed its name to Flagstar Bank, N.A.