Have banked with Flagstar for 25-30 years. Started when the CD rates were high. Then I took some of the townships money there for CD's. I still have one CD there and a checking and savings account. Rates are extremely low now but the service is great. They were wonderful helping with accounts after my mother passed with her IRA and when husband passed and helped me set up an account for the boys to inherit before his death. Though I thought I had another year to do this was so thankful I did it when I did. One of the most helpful, and friendly banks I have every belonged to. Was shocked to hear all the negative remarks. Maybe it is the city I live in that makes the difference. Not sure why all of the negative remarks but people at Flagstar are always helpful. I rarely go it except to use the ATM for deposits but they still address me by name. AMAZING

This bank has little to offer and should be avoided. I only wanted to get the cash bonus offer for opening an account. After getting the bonus and wishing to transfer money to a higher interest yielding account, I discovered that there is a "daily" transfer limit of $2000 and a monthly limit of $5000. This "daily" limit is misleading, because one cannot request another transfer until each transfer has been processed, which takes at least 3 days. So transferring $5000 takes at least 9 days, and over $5000 could take up to a month. Also there are many fees. For example, a maintenance fee for a checking account unless an average daily balance is over $1000, and even maintenance fees for savings accounts. The 0.01% interest rate on these accounts is ridiculously low. Watch out for many other fees that may pertain to your situation. I am in the lengthy process of transferring money out of Flagstar to another bank and will then cancel my Flagstar accounts. Good luck to anyone who feels Flagstar is best.

Flagstar is a bank that is available if you live in the state of Michigan. There are no fees for making a checking account, and the minimum deposit is only 100 dollars if I remember correctly. The branch I went to a few years back had very friendly staff and they helped me get my account set up in just a few minutes. I was able to use my account easily because it was located near my home, and there's online banking and bill payment so I usually wouldn't even have to go to the branch itself most of the time. The bank doesn't surprise you with hidden fees or anything, and they are very willing to help you if there's an issue with your account. I think the only thing lacking is maybe the online banking is lacking in some newer features compared to national banks, but it's still very good.