Flagstar Bank
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A regional bank serving individuals and businesses, Flagstar offers checking and savings accounts, wealth management, and is one of the nation's larger mortgage lenders. It began in 1987 in Bloomfield Hills, Michigan as First Security Savings Bank, adopted the Flagstar name in 1996, and merged with New York Community Bancorp in 2022 — a deal that joined its Michigan roots with a New York lineage dating to 1859. The star in its logo is meant to stand for customer-centricity.
Series B Noncumulative Convertible Preferred Stock, 6% dividend, maturing 11/01/2051