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.
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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.
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