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Flagstar To Sell 22 Indiana Branches To First Financial

Thursday, August 18, 2011 - 5:47 AM
Flagstar continues to downsize. From the Banking Business Review:
Flagstar Bancorp will sell its 22-branch retail bank franchise in Indiana to First Financial Bancorp for a consideration equal to a 7% premium on deposits held these branches.
Late last month, Flagstar sold 27 Atlanta branches to PNC Financial Services Group for $42m.

Ken TuminKen Tumin5,467 posts since
Nov 29, 2009
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