60 Flagstar Bank Branches Are Closing in 2025 (Is Yours One?)

If you're a Flagstar Bank customer, it might be time to double-check your local branch's status. The financial institution is closing dozens in 2025, and yours could be on the list. Whether you're a long-time customer or recently joined the bank, this wave of closures could leave you searching for alternatives and maybe even needing to open a new bank account altogether.

Here's a list of where Flagstar has already closed locations, along with where they plan to close later this year.

Flagstar Bank closed several branches across New York this year, impacting communities from Astoria to Staten Island.

Below is the full list of locations that have closed:

• 30^th Avenue, Astoria, NY
• 625 Atlantic Avenue, Brooklyn, NY
• 102 Duffy Avenue, Hicksville, NY
• 1608 Kings Highway, Homecrest, NY
• 66-77 Fresh Pond Road, Ridgewood, NY
• 65-30 Kissena Boulevard, Flushing, NY
• 509 Old Country Road, Plainview, NY
• 194-02 Northern Boulevard, Flushing, NY
• 100 Jerico Quadrangle, Jerico, NY
• 3425 Veterans Memorial Highway, Ronkonkoma, NY
• 8622 Bay Parkway, Brooklyn, NY
• 41-11 Bell Boulevard, Bayside, NY
• 720 Grand Boulevard, Deer Park, NY
• 247-53 Jamaica Avenue, Bellerose, NY
• 2335 New Hyde Park Road, New Hyde Park, NY
• 97-70 Queens Boulevard, Rego Park, NY
• 134-40 Springfield Boulevard, Springfield Gardens, NY
• 93-22 Jamaica Avenue, Woodhaven, NY
• 4246 Broadway, New York City, NY
• 5770 Hylan Boulevard, Staten Island, NY
• 1214 Castleton Avenue 4, Staten Island, NY
• 832 Jewett Avenue J, Staten Island, NY
• 31-06 Farrington Street, Whitestone, NY

Despite the closures, New York still has 11 branches downtown and 54 within a 10-mile radius to serve customers.

With multiple locations closed in Newark, here's where Flagstar closed locations in New Jersey:

• 949 Broadway, Bayonne, NJ
• 142 Broad Street, Elizabeth, NJ
• 36 Ferry Street, Newark, NJ
• 198 Jefferson Street, Newark, NJ
• 2624 Morris Avenue, Union, NJ
• 133 S. Livingston Avenue, Livingston, NJ

Flagstar Bank operates 32 branches throughout New Jersey, with locations typically no more than 10 miles apart, so customers should be able to find a nearby branch, even during current closures.

• One North Hawkins Avenue, Akron, OH

The Akron, OH, location closed its doors on May 30. The branch opened its doors in 1921. Customers were encouraged to use the closest branch located at 3050 Market Street in Fairlawn, which is located 6 miles north.

Flagstar Bank customers across Michigan should take note that key locations in Ann Arbor, Detroit, and Troy closed. More specifically:

• 210 West Huron Street, Ann Arbor, MI
• 29049 Joy Road, Westland, MI
• 914 Charlevoix Drive, Grand Ledge, MI
• 4675 32nd Avenue, Hudsonville, MI
• 5151 Corporate Drive, Troy, MI
• 500 Woodward Avenue, Detroit, MI

Flagstar currently has 112 branch locations open throughout Michigan, with the greatest concentration in the southern part of the state. Customer behavior was one of the biggest reasons for the closures, with more account holders opting for mobile deposits, bill pay, and online transfers.

• 5770 Coventry Lane, Fort Worth, IN
• 2926 Mishawaka Avenue, South Bend, IN

Indiana had two locations affected by the current closures. The Flagstar website can help direct customers to the closest physical branch or ATM, making it possible to find an alternative location for in-person banking needs.

Earlier this year, the organization's Chief Financial Officer, Lee Smith, announced plans to close 60 branches in 2025 as part of a larger initiative at Flagstar to cut $600 million in operating costs.

More generally, this move follows industry-wide trends, as more banks respond to the growing demand for digital services and shifting customer behaviors by consolidating physical locations. Customers can expect to see more closures this year, although a complete list has not been released yet.

Flagstar Bank operates approximately 400 branches across nine states, including Arizona, California, Florida, Indiana, Michigan, New York, New Jersey, Ohio, and Wisconsin.

Flagstar Bank is committed to a personal, community approach to banking. Local branch managers, tellers, and loan officers built relationships with customers. For those in small towns, especially retirees and individuals less familiar with technology, the local bank branch is the place to go for financial advice. Online transactions can't replicate these types of face-to-face interactions.

The current bank closures for Flagstar Bank and other national financial institutions are more than just a corporate reshuffle. This trend indicates the direction the entire banking industry is headed. 

Whether that means switching to online banking, visiting a nearby branch, or choosing a new financial institution altogether, acting early can help you avoid disruptions and maybe even keep more cash in your wallet.