Flagstar Bank, National Association is headquartered in Hicksville, New York. It is a national bank (chartered by the OCC), established 05/20/1987 and insured by the FDIC since 08/09/1989. At the 06/30/2026 reporting date it held $87.7 billion in assets and $67.5 billion in deposits across 345 offices.
Size
By total assets it ranks #36 of 4,213 active FDIC-insured banks in the United States. Among the 115 FDIC-insured banks headquartered in New York it ranks #5.
Capital and earnings
| Equity capital | $8.1 billion (9.3% of assets) |
|---|---|
| Net income, year to date | $55 million through 06/30/2026 |
| Return on assets (annualized) | 0.13% |
Equity capital is what the bank owns after subtracting its liabilities; a higher share of assets means a thicker cushion against losses. These are the bank’s own regulatory filings, not a rating or a recommendation.
Is it FDIC insured?
Yes. Flagstar Bank, National Association holds FDIC certificate number 32541. Deposits are insured up to $250,000 per depositor, per insured bank, per ownership category. You can confirm this on the bank’s FDIC BankFind page.
Other large banks in New York
- Goldman Sachs Bank USA, $759 billion in assets
- The Bank of New York Mellon, $425 billion in assets
- Morgan Stanley Private Bank, National Association, $250 billion in assets
- Manufacturers and Traders Trust Company, $219 billion in assets
- Bank of China, $48.5 billion in assets
- Deutsche Bank Trust Company Americas, $40.5 billion in assets
Banks of a similar size
- Western Alliance Bank, #34, $98.6 billion in assets
- Zions Bancorporation, N.A., #35, $89.0 billion in assets
- East West Bank, #37, $84.3 billion in assets
- First Horizon Bank, #38, $84.1 billion in assets
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This page reports regulatory data only. It does not show the bank’s rates or products, which change often and are listed on the bank’s own site. flagstar.com