Flagstar Financial receives OCC approval to merge into its bank; vote Oct 15, close mid-late Oct

FLAGSTAR BANK, NATIONAL ASSOCIATION

OCC approved reorganization on Oct 3, 2025; Flagstar Financial will merge into Flagstar Bank, N.A.
Shareholder special meeting scheduled for Oct 15, 2025; expected close in mid-to-late October.
Surviving bank will keep ticker FLG on NYSE; no change in trading symbol.
As of June 30, 2025: $92.2B assets, $64.4B loans, $69.7B deposits, $8.1B equity.
Approximately 360 branches across nine states; strong presence in NY/NJ, Midwest, Florida, West Coast.

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