TROY, Mich., March 8, 2013-For the eighth consecutive year, Flagstar Bank is sponsoring statewide walks to support the March of Dimes March for Babies. As a 75th anniversary sponsor, Flagstar serves as starting sponsor of 15 walks in its community banking markets and as presenting sponsor of the Oakland County walk slated for April 28 at Oakland University.
The March for Babies, the flagship fund-raiser for the March of Dimes, is dedicated to improving the health of babies by preventing birth defects, premature birth, and infant mortality.
"As a home-grown bank headquartered in Troy, Flagstar has a long tradition of supporting grassroots events," said Michael Tierney, CEO of Flagstar. "And the March for Babies is grassroots at its best. It involves our employees, our customers, and our branches across the state in supporting a great cause."
Tierney added that Flagstar will be asking executive team leaders to rally support for the walks. 'We want to get some friendly competition going among our teams to raise even more money and attract more walkers," he said.
The public can sign up for a Flagstar-sponsored walk at any Flagstar branch or by visiting marchforbabies.org.
About Flagstar Bank
Flagstar Bancorp, Inc. (NYSE: FBC) is the holding company for Flagstar Bank, a full-service financial institution offering a range of products and services to consumers, businesses and homeowners. With $14.1 billion in total assets at December 31, 2012, Flagstar is the largest bank headquartered in Michigan. Flagstar originates loans nationwide and is one of the leading originators of residential first mortgage loans. For more information, please visit flagstar.com.
About the March of Dimes
The March of Dimes is a national voluntary health agency whose mission is to improve the health of babies by preventing birth defects, premature birth, and infant mortality. Founded in 1938, the March of Dimes funds programs of research, community services, education, and advocacy to save babies and in 2003 launched a campaign to address the increasing rate of premature birth. More information is available on the March of Dimes websites at www.marchofdimes.com and www.nacersano.org.