Flagstar finalizes acquisition of Wells Fargo branches

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Flagstar finalizes acquisition of Wells Fargo branches

Flagstar finalizes acquisition of Wells Fargo branches

Housing Wire-

Flagstar Bank announced it finalized its acquisition of 52 Wells Fargo branches on Monday.

The branches are located across four Midwest states and include approximately $2 billion in deposits, along with certain related assets.

As previously reported, the bank branches are located in Indiana, Michigan, Ohio and Wisconsin. This move involves about 490 team members, all of whom will receive offers of employment from Flagstar.

[HOUSING WIRE]

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