Flagstar Bank Opens Banking Center in Lawrenceville, Ga.

ATLANTA, July 23 /PRNewswire-FirstCall/ -- Flagstar Bank today opened a
new banking center 4780 Sugarloaf Parkway in Lawrenceville, Ga. Hours at the
banking center are 8:30 a.m. to 5:30 p.m. Monday through Friday, 8:30 a.m. to
noon Saturday and noon to 4 p.m. Sunday. The drive-up is open 7:30 a.m. to
7:30 p.m. weekdays, 8:30 a.m. to 4 p.m. Saturday and noon to 4 p.m. Sunday.
24-hour ATM access is available.
Flagstar Bank is a subsidiary of Flagstar Bancorp (NYSE: FBC), a bank
holding company headquartered in Troy, Mich. With $14.6 billion in total
assets, Flagstar Bancorp is the largest publicly held savings bank
headquartered in the Midwest. At June 30, 2008, Flagstar operated 170 banking
centers in Michigan, Indiana and Georgia and 121 home loan centers in 26
states. Flagstar originates home loans nationwide and is one of the leading
originators of residential mortgages. For more information, please visit
www.flagstar.com .
SOURCE Flagstar Bank

Dave Baukema, +1-678-325-1128, or Beth Buursema, +1-678-234-9016, both of
Flagstar Bank