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Flagstar Bancorp, Inc. (FBC)

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31.24-0.03 (-0.10%)
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Flagstar Bancorp, Inc.

5151 Corporate Drive
Troy, MI 48098
United States
248-312-2000
http://www.flagstar.com

SectorFinancial
IndustrySavings & Loans
Full Time Employees3,432

Key Executives

NameTitlePayExercisedAge
Mr. Alessandro P. DiNelloCEO, Pres & Director and CEO, Pres & Director of Flagstar Bank2.55MN/A62
Mr. James K. CiroliCFO, Exec. VP, CFO of Flagstar Bank and Exec. VP of Flagstar Bank742.2kN/A51
Mr. Lee Matthew SmithCOO, Exec. VP, COO of Flagstar Bank and Exec. VP of Flagstar Bank1.44MN/A42
Mr. Patrick M. McGuirkExec. VP and Gen. Counsel484.62kN/A47
Mr. Stephen V. FigliuoloChief Risk Officer, EVP, Chief Risk Officer of Flagstar Bank and EVP of Flagstar Bank653.82kN/A60
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Flagstar Bancorp, Inc. operates as a savings and loan holding company for Flagstar Bank, FSB that provides commercial, small business, and consumer banking services to individuals and businesses in the United States. Its Community Banking segment offers various products, such as checking accounts, savings accounts, money market accounts, certificates of deposit, consumer and commercial loans, home builder finance loans, and warehouse lines of credit. It also provides other financial services to consumer and commercial customers, including lines of credit; revolving credit; treasury management solutions; equipment leasing; inventory and accounts receivable lending; and capital markets services comprising interest rate risk protection products. This segment serves consumer, business, and mortgage lending customers through its branch banking, business and commercial banking, government banking, warehouse lending, and held-for-investment (HFI) portfolio groups. The company’s Mortgage Originations segment originates, acquires, and sells one-to-four family residential mortgage loans through home loan and, national call centers, Internet, unaffiliated banks, mortgage banking, and brokerage companies. Its Mortgage Servicing segment offers services and subservices mortgage loans; and residential mortgages HFI and mortgage servicing rights, as well as noninterest-bearing escrow services. At December 31, 2016, the company operated a regional office in Jackson, Michigan; and 99 full services banking branches in Michigan, as well as leased 31 retail offices located in 19 states, 4 wholesale lending offices, and 3 commercial lending offices. Flagstar Bancorp, Inc. was founded in 1987 and is headquartered in Troy, Michigan.

Corporate Governance

Flagstar Bancorp, Inc.’s ISS Governance QualityScore as of August 1, 2017 is 5. The pillar scores are Audit: 2; Board: 8; Shareholder Rights: 1; Compensation: 8.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.