New York Community Bancorp Is Now Officially Flagstar Financial

New York Community Bancorp Inc. has a new name.

As of Monday, the Hicksville, New York-based lender that saw its shares plunge earlier this year and replaced its chief executive officer twice in the span of a week, is now trading as Flagstar Financial Inc. The company, which has swelled in size in recent years with purchases including the 2022 acquisition of Flagstar Bancorp Inc., had already operated branches under the Flagstar name. The change “unifies our company and our vision into a single brand,” the lender said.