New refrigeration system means more food for kids

TROY, Mich., Feb. 3, 2016-Flagstar Bank today announced the Kids' Food Basket in Holland, Mich., received a $5,000 grant as the winner of Flagstar's Michigan Makeovers program. The winning project was selected by public vote.

Every day, the Kids' Food Basket provides a nutritious evening meal called a Sack Supper to over 7,500 area children. With help from Flagstar's grant, the organization will be able to expand its refrigeration capacity to serve even more children.

'We are so grateful to the community for voting for our project,' said Erik Scholten, program manager for the Kids' Food Basket. 'This grant will provide the financial means to expand our refrigeration system, giving us the ability to serve more children in the Holland Community a nutritious, ready-to-eat Sack Supper.'

The Michigan Makeovers program was created by Flagstar Bank to award grants for improvement projects in communities served by new Flagstar branches. The bank recently held a grand opening of its Holland branch office at 147 N. River Ave.

About Flagstar

Flagstar Bancorp, Inc. (NYSE: FBC) is a $13.7 billion savings and loan holding company headquartered in Troy, Mich. Flagstar Bank, FSB, the largest bank headquartered in Michigan, provides commercial, small business, and consumer banking services through 99 branches in the state. It also provides home loans through a wholesale network of brokers and correspondents in all 50 states, as well as through 10 retail centers in nine states. Flagstar is the 10th largest national originator of mortgage loans and a top 20 mortgage servicer, handling payments and record keeping for over $72.5 billion home loans for over 360,000 borrowers. For more information, please visit flagstar.com.

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NEWS RELEASE
For more information contact:

Susan Bergesen
Flagstar Bank
(248) 312-6237

Flagstar Bancorp Inc. issued this content on 03 February 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 03 February 2016 22:32:23 UTC

Original Document: http://investors.flagstar.com/phoenix.zhtml?c=91343&p=irol-newsArticle&ID=2135472