Flagstar Bank

Michigan
Banks

Corporate Bias Rating

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Risk Level:

Rating - Caution
Medium Risk

Summary:

Flagstar Bank scored a 30 on the 2023 Corporate Equality Index (CEI) from the Human Rights Campaign (HRC), a political stakeholder group. Flagstar Bank uses sex and gender ideology criteria in employee recruitment, vendor selection, and philanthropic support. The bank integrates ESG into its business practices. Flagstar Bank has conducted "listening sessions" and DEI workshops for its employees. The company pledged $1 million in grants to minority-owned businesses, including LGBTQ organizations and provided $1 million to the Appraiser Diversity Initiative. However, Flagstar Bank has not publicly terminated business relationships based on views or beliefs and has not used its PAC donations for ideological purposes. For these reasons, Flagstar Bank receives a Medium Risk rating.

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