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Flagstar Completes the Sale of its Georgia Retail

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56Chevy Member Level  Friday, 12/09/11 11:47:10 PM
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Flagstar Completes the Sale of its Georgia Retail Bank Franchise

Flagstar Bancorp (NYSE: FBC) (the "Company"), the holding company for Flagstar Bank, FSB (the "Bank"), today announced that the Bank has completed its previously announced agreement to sell its 27-branch retail bank franchise in Georgia to PNC Bank, N.A., part of The PNC Financial Services Group, Inc. (NYSE: PNC) ("PNC").

http://ih.advfn.com/p.php?pid=nmona&article=50376858





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