TROY, Mich., March 11, 2016-For the 11th consecutive year, Flagstar Bank is sponsoring statewide walks to support the March of Dimes March for Babies. Flagstar serves as a sponsor of 12 walks in its community banking markets and as presenting sponsor of the Oakland County walk slated for May 1 at Oakland University.

For the fourth consecutive year, Flagstar will be the presenting sponsor of World Prematurity Awareness Day, a one-day, online, worldwide fundraiser to prevent premature births.

'Flagstar has raised almost $1 million to support healthy babies since the beginning of our sponsorship,' said Alessandro DiNello, CEO of Flagstar Bank. 'We understand the high toll premature births take on our communities, and we welcome the opportunity to improve the lives of our friends, families, and neighbors by supporting the March for Babies. After all, community banking is a big part of what we do at Flagstar.'

The public can sign up for a Flagstar-sponsored walk at any Flagstar branch or by visiting marchforbabies.org.

About Flagstar Bank

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.

About the March of Dimes

The March of Dimes is a national voluntary health agency whose mission is to improve the health of babies by preventing birth defects, premature birth, and infant mortality. Founded in 1938, the March of Dimes funds programs of research, community services, education, and advocacy to save babies and in 2003 launched a campaign to address the increasing rate of premature birth. More information is available on the March of Dimes websites at www.marchofdimes.com and www.nacersano.org.

Flagstar Bancorp Inc. issued this content on 11 March 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 11 March 2016 17:57:11 UTC

Original Document: http://investors.flagstar.com/phoenix.zhtml?c=91343&p=irol-newsArticle&ID=2147982