Skip to Content; Skip to Login NEW $5,000… Flagstar Bank offers small business bank accounts including savings and checking accounts as well as business credit cards.. Rates & Fees: Flagstar Bank fees for business bank accounts vary based on the area. Flagstar Bank’s grant program purpose is to help for-profit small businesses that have been affected by the COVID-19 crisis with their operating expenses. What you’ll get: $500; Where it’s available: MI, IN, OH (In branch) How to earn it: New business checking account must remain open for at least 90 days, have deposits of at least $5,000 in the first 90 days, and have at least 10 qualified transactions within the 90 day period. Goals of the Program Twitter: @masanche, West Michigan Hispanic Chamber of Commerce, SUBSCRIBE TO MIBIZ TODAY FOR WEST MICHIGAN’S FINEST BUSINESS NEWS REPORTING, Protect Michigan Commission aims to raise awareness for COVID-19 vaccinations, Huntington Bank to close 97 in-store branches at Meijer locations as part of TCF acquisition, Hertel appointed head of Michigan DHHS after director Gordon abruptly resigns, DeVos Place to serve as large-scale COVID-19 vaccination site, Mercantile Bank reports higher quarterly earnings despite pandemic uncertainty, More flexibility comes with latest round of PPP loans, Seven Steps Up owners praise latest federal relief, hopeful to resume shows in the fall, Stoney Ridge Vineyards & Winery ‘weathering’ a pandemic opening, Grand Haven-based UV Angel strikes partnership with McDonald’s, State prepares $58.5 million in relief funding for small biz, entertainment venues, Tribally owned professional services group rebrands, expands during pandemic. Flagstar Debuts Accelerator Program for Mortgage Tech Firms. Flagstar Rolls Out New Version of Loantrac LOS. Flagstar Bank is providing the $1 million for grant programs supporting minority-owned small businesses in regions of Michigan, Indiana and California. Flagstar Bank recently announced it will be awarding grants of $5,000 to more than 180 small businesses owned by people of color in Flagstar’s banking markets. ... Small businesses, through a competitive application process, may receive up to $10,000 in the form of a grant. “The $75,000 grant from Flagstar Bank will allow GRABB to support Black businesses who have been hardest hit by the economic downturn caused by the COVID-19 pandemic. © 2021 The SMB Guide Inc, 20 W Kinzie St Chicago IL 60610, Flagstar Bank, Detroit Fintech Bay to fund mortgage-related tech startups, Flagstar Bank, Detroit FinTech Bay Launch Mortgage Tech Accelerator, Flagstar Debuts Accelerator Program for Mortgage Tech Firms, Flagstar Acquires Default Servicing Operations, Flagstar Bank and Detroit FinTech Bay launch mortgage tech accelerator, Live Well Financial CEO says lawsuit by Michigan bank should be dismissed, Seeking Loan Repayment, Flagstar Files Suit Against Live Well CEO, Live Well Financial CEO sued for repayment of $80M in loans, Flagstar Bank taps mortgage vet as executive vice president, Flagstar Bank Taps Jason Lee to Lead Capital Markets, Flagstar Bank, other corporations partner with neighborhoods in city’s revitalization efforts, Flagstar Bank and City of Detroit to Support the Community of Old Redford, Flagstar Bank and City of Detroit Announce Neighborhood Partnership with Old Redford, Flagstar Rolls Out New Version of Loantrac LOS. Flagstar Bank and Detroit FinTech Bay launch mortgage tech accelerator. Flagstar Bank first received a charter to operate as a federal savings bank in 1987 (32 years ago). Pros: Easy-to-use website. ... Access the headquarters listing for Flagstar Bank here. 5151 Corporate Dr, Troy, MI United States, Flagstar Bancorp Sued Over Disputed $16 Million Golden Parachute. This advertisement has no effect on editorial consideration in MiBiz. “We have a commitment to our communities and to keeping our promises to them,” said CEO Alessandro DiNello. Make budgeting a breeze with Flagstar Bank's business finance calculators. Links to eligibility requirements and application are on the West Michigan Hispanic Chamber and GRABB websites. Goals of the Program Flagstar Bank has committed to investing $10 million into Pontiac as an economic catalyst for both downtown and Pontiac’s greater region. Flagstar Bancorp, Inc. (NYSE: FBC) is a $29.5 billion savings and loan holding company headquartered in Troy, Mich. Flagstar Bank, FSB, provides commercial, small … Call us at (888) 248-6423 or try our online help. Goals of the Program It’s been reported nationally that nearly 41 percent of Black businesses have closed due to COVID-19,” said Jamiel Robinson, founder and curator of Grand Rapids Area Black Businesses. Flagstar Bank is an American bank with 160 branches. Flagstar Bank, Detroit FinTech Bay Launch Mortgage Tech Accelerator. About Flagstar Bank. … Whether new to the industry or just taking off, business financing can be difficult. ... What is Flagstar Bank's ABA/Routing number? Flagstar Bank, Fsb is located in Troy, MI, United States and is part of the Banks & Credit Unions Industry. Flagstar Bank and City of Detroit to Support the Community of Old Redford. Flagstar Bank offers small business bank accounts including savings and checking accounts as well as business credit cards. 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