Bringing more than 25 years of private banking experience to his new role as EVP and President, Jason Birnbaum succeeds Senior EVP and President of Commercial and Private Banking Eric Howell, who will transition to a non-executive advisory role.
Read More »NYCB and Flagstar Deal Clears Hurdle
The Office of the Comptroller of the Currency (OCC) has approved the merger deal between NYCB and Flagstar Bancorp, however NYCB's acquisition of Flagstar remains subject to the approval of the Federal Reserve Board.
Read More »NYCB Finalizes Acquisition of Flagstar
The combined company will feature nearly 400 traditional branches in nine states, and 86 retail lending offices across 28 states.
Read More »NYCB Acquires Flagstar Bancorp
Merger increases new firm’s national footprint to 28 states, with nearly 400 traditional branches and 90 loan production offices.
Read More »Flagstar Hires President of Mortgage
Flagstar Bancorp, Inc., recently announced that Leonard Israel has joined Flagstar as president of mortgage, where he will be responsible for all aspects of Flagstar's mortgage originations business. Israel will report to Flagstar President and CEO Alessandro DiNello.
Read More »Flagstar Reports Jump in Profits for Q1
The first quarter of 2015 also brought in a 15 percent increase in revenue and a 2 percent decline in operating expenses when compared to 2014, and interest-earning assets rose 8 percent over the last quarter. Warehouse lending also saw an increase of 15 percent since 2014.
Read More »