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Flagstar Bank is an American commercial bank headquartered in Troy, Michigan. A wholly owned subsidiary of Flagstar Financial , Flagstar is one of the largest residential mortgage servicers in the United States, and ranked among the largest banks in the United States prior to its acquisition in 2022.
Flagstar Financial, Inc. (FLG), is a bank holding company for Flagstar Bank headquartered in Hicksville, New York. In 2023, the bank operated 395 branches in New York, Michigan, New Jersey, Ohio, Florida, Arizona and Wisconsin. [ 3 ]
New York Community Bancorp. in December 2022 acquired Flagstar Bank, which had the seventh largest bank market share in Michigan last year based on federally insured deposits.. Following a $260 ...
Flagstar is the name used by several businesses including: Flagstar Bank; Flagstar Companies, a successor of Trans World Corporation, ...
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From his headquarters in Spartanburg, he co-founded Spartan Foods, which was the first franchisee of Hardee's. He later was the CEO of Flagstar, which was the sixth largest food service company in the United States, controlling 2,500 restaurants and providing jobs for 100,000 employees. He retired in 1995.
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Otting started his career at Bank of America, where he held positions in branch management, preferred banking, and commercial lending. [8] From 1986 to 2001, Otting was with Union Bank, where he held roles including deputy regional vice president, senior vice president, executive vice president, and group head of commercial banking.