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Category Flagstar Bank

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Signature Bank Crypto Clients Rush Against Time As FDIC Sets Deadline For Account Closure

Signature Bank Crypto Clients Rush Against Time As FDIC Sets Deadline For Account Closure

Signature Bank has given cryptocurrency companies and depositors a deadline of April 5 to withdraw their funds, as their deposits were not included...
First Citizens and Valley National compete to purchase Silicon Valley Bank

First Citizens and Valley National compete to purchase Silicon Valley Bank

Amid reports that Pennsylvania-based Customers Bancorp was seeking potential co-investors for a bid to purchase the failed Silicon Valley Bank (SVB...
Flagstar Bank Acquires Signature Bank’s Assets and Branches, Excluding Cryptocurrency Operations

Flagstar Bank Acquires Signature Bank’s Assets and Branches, Excluding Cryptocurrency Operations

On Monday, about a week after the collapse of Signature Bank, the Federal Deposit Insurance Corporation (FDIC) announced that Flagstar Bank, a whol...
FDIC Sells Signature Bank’s Deposits To Flagstar, Excludes $4 Billion In Crypto

FDIC Sells Signature Bank’s Deposits To Flagstar, Excludes $4 Billion In Crypto

The FDIC has announced in a statement Sunday that Signature Bank, now known as Signature Bridge Bank, will transfer its non-crypto deposits to Flag...
Signature Bank Non-Crypto-Related Deposits Are Responsible For Flagstar Bancorp

Signature Bank Non-Crypto-Related Deposits Are Responsible For Flagstar Bancorp

Yesterday, the FDIC said non-cryptocurrency-related deposits of the former Signature Bank would be taken over by Flagstar Bancorp, a subsidiary of ...